SM Energy (SM) Common Equity (2009 - 2026)
SM Energy (SM) posted quarterly Common Equity of $6.9 billion for Q1 2026, up 55.95% year-over-year from $4.4 billion in Q1 2025, and up 42.79% quarter-over-quarter from $4.8 billion in Q4 2025.
SM Energy (SM) Common Equity (2009 - 2026) Analysis & Trends
SM Energy (SM) has reported Common Equity for 18 consecutive years, with $6.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Common Equity rose 55.95% year-over-year to $6.9 billion; the TTM figure through Mar 2026 stood at $6.9 billion (up 55.95% YoY), while the FY2025 annual figure was $4.8 billion, up 13.52% from the prior year.
- Common Equity advanced to $6.9 billion in Q1 2026 per SM's latest filing, from $4.8 billion in the prior quarter.
- Across five years, Common Equity topped out at $6.9 billion in Q1 2026 and bottomed at $2.1 billion in Q1 2022.
- Historically, Common Equity has averaged $3.8 billion across 5 years, with a median of $3.7 billion in 2024.
- Annual changes were most pronounced in 2022 — Common Equity surged 75.19% — and 2025, when it climbed 13.52%.
- SM Energy's Common Equity stood at $3.1 billion in 2022, then advanced by 17.21% to $3.6 billion in 2023, then rose by 17.17% to $4.2 billion in 2024, then increased by 13.52% to $4.8 billion in 2025, then surged by 42.79% to $6.9 billion in 2026.
- Business Quant data shows SM's Common Equity at $6.9 billion in Q1 2026, $4.8 billion in Q4 2025, and $4.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.48 Bn | 156.79 Bn | 12.81 Bn | 65.35 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 8.57 Bn |
| 3 | Eog Resources | 80.27 Bn | 75.36 Bn | - | 31.86 Bn |
| 4 | Diamondback Energy | 59.52 Bn | 59.06 Bn | 5.55 Bn | 43.99 Bn |
| 5 | Devon Energy | 46.39 Bn | 45.38 Bn | 6.02 Bn | 41.75 Bn |
| 6 | Woodside Energy | 46.25 Bn | 40.31 Bn | 6.02 Bn | 39.84 Bn |
| 7 | Occidental Petroleum | 38.04 Bn | 34.52 Bn | 7.73 Bn | 42.38 Bn |
| 8 | Eqt | 33.80 Bn | 33.68 Bn | 1.42 Bn | 28.86 Bn |
| 9 | Texas Pacific Land | 26.00 Bn | 25.75 Bn | - | 1.67 Bn |
| 10 | SM Energy | 9.05 Bn | 8.29 Bn | 1.94 Bn | 7.81 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.81 Bn |
| Mar 31, 2026 | 6.87 Bn |
| Dec 31, 2025 | 4.81 Bn |
| Sep 30, 2025 | 4.71 Bn |
| Jun 30, 2025 | 4.59 Bn |
| Mar 31, 2025 | 4.40 Bn |
| Dec 31, 2024 | 4.24 Bn |
| Sep 30, 2024 | 4.06 Bn |
| Jun 30, 2024 | 3.84 Bn |
| Mar 31, 2024 | 3.70 Bn |
| Dec 31, 2023 | 3.62 Bn |
| Sep 30, 2023 | 3.40 Bn |
| Jun 30, 2023 | 3.30 Bn |
| Mar 31, 2023 | 3.23 Bn |
| Dec 31, 2022 | 3.09 Bn |
| Sep 30, 2022 | 2.87 Bn |
| Jun 30, 2022 | 2.44 Bn |
| Mar 31, 2022 | 2.12 Bn |
| Dec 31, 2021 | 2.06 Bn |
| Sep 30, 2021 | 1.64 Bn |