KPIs & Operating Metrics(New)
Growth Metrics

SM Energy (SM) Capital Expenditures (2016 - 2025)

SM Energy (SM) has disclosed Capital Expenditures for 17 consecutive years, with $1.4 billion as the latest value for Q4 2025.

  • On a quarterly basis, Capital Expenditures rose 300.32% to $1.4 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $1.4 billion, a 9.69% increase, with the full-year FY2025 number at $1.4 billion, up 9.69% from a year prior.
  • Capital Expenditures was $1.4 billion for Q4 2025 at SM Energy, up from -$802.5 million in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.4 billion in Q4 2025 to a low of -$802.5 million in Q3 2025.
  • A 5-year average of $264.6 million and a median of $231.7 million in 2021 define the central range for Capital Expenditures.
  • Peak YoY movement for Capital Expenditures: crashed 429.74% in 2021, then surged 3095757.14% in 2023.
  • SM Energy's Capital Expenditures stood at $666.0 million in 2021, then soared by 32.13% to $879.9 million in 2022, then tumbled by 74.74% to $222.2 million in 2023, then skyrocketed by 59.21% to $353.8 million in 2024, then soared by 300.32% to $1.4 billion in 2025.
  • Per Business Quant, the three most recent readings for SM's Capital Expenditures are $1.4 billion (Q4 2025), -$802.5 million (Q3 2025), and $410.2 million (Q2 2025).