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SM Energy (SM) Capital Expenditures (2016 - 2026)

SM Energy has reported Capital Expenditures over the past 17 years, most recently at $216.3 million for Q4 2025.

  • Quarterly Capital Expenditures fell 83.49% to $216.3 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $1.4 billion through Dec 2025, up 9.69% year-over-year, with the annual reading at $1.4 billion for FY2025, 9.69% up from the prior year.
  • Capital Expenditures was $216.3 million for Q4 2025 at SM Energy, down from $397.7 million in the prior quarter.
  • Over five years, Capital Expenditures peaked at $1.3 billion in Q4 2024 and troughed at -$591.8 million in Q4 2022.
  • The 5-year median for Capital Expenditures is $148.8 million (2021), against an average of $176.7 million.
  • Year-over-year, Capital Expenditures tumbled 188.87% in 2022 and then skyrocketed 192006.16% in 2024.
  • A 5-year view of Capital Expenditures shows it stood at $666.0 million in 2021, then tumbled by 188.87% to -$591.8 million in 2022, then surged by 100.12% to $682000.0 in 2023, then skyrocketed by 192006.16% to $1.3 billion in 2024, then crashed by 83.49% to $216.3 million in 2025.
  • Per Business Quant, the three most recent readings for SM's Capital Expenditures are $216.3 million (Q4 2025), $397.7 million (Q3 2025), and $410.2 million (Q2 2025).