SM Energy (SM) Construction in Progress (2009 - 2026)
SM Energy (SM) reported Construction in Progress of $835.0 million for Q1 2026, up 55.36% year-over-year from $537.5 million in Q1 2025, and up 82.31% quarter-over-quarter from $458.0 million in Q4 2025.
SM Energy (SM) Construction in Progress (2009 - 2026) Analysis & Trends
SM Energy (SM) has 18 years of Construction in Progress data on file, last reported at $835.0 million in Q1 2026.
- Construction in Progress for Q1 2026 came in at $835.0 million, up 55.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $835.0 million (up 55.36% YoY), and the FY2025 annual result was $458.0 million, down 4.98% from the prior year.
- Construction in Progress advanced to $835.0 million in Q1 2026 per SM's latest filing, from $458.0 million in the prior quarter.
- Over five years, Construction in Progress peaked at $835.0 million in Q1 2026 and troughed at $192.8 million in Q1 2022.
- A 5-year average of $379.9 million and a median of $342.9 million in 2023 frame the typical range for Construction in Progress.
- On a YoY basis, Construction in Progress climbed as much as 94.22% in 2022 and fell as far as 33.77% in 2022.
- A 5-year view of Construction in Progress shows it stood at $287.3 million in 2022, then increased by 24.65% to $358.1 million in 2023, then surged by 34.61% to $482.0 million in 2024, then fell by 4.98% to $458.0 million in 2025, then soared by 82.31% to $835.0 million in 2026.
- Business Quant data shows SM's Construction in Progress at $835.0 million in Q1 2026, $458.0 million in Q4 2025, and $424.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | - |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | - |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | - |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | - |
| 10 | SM Energy | 6.19 Bn | 5.54 Bn | 1.05 Bn | 835.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 835.00 Mn |
| Dec 31, 2025 | 458.00 Mn |
| Sep 30, 2025 | 424.89 Mn |
| Jun 30, 2025 | 395.53 Mn |
| Mar 31, 2025 | 537.46 Mn |
| Dec 31, 2024 | 482.00 Mn |
| Sep 30, 2024 | 291.20 Mn |
| Jun 30, 2024 | 336.90 Mn |
| Mar 31, 2024 | 380.42 Mn |
| Dec 31, 2023 | 358.08 Mn |
| Sep 30, 2023 | 236.23 Mn |
| Jun 30, 2023 | 332.61 Mn |
| Mar 31, 2023 | 342.88 Mn |
| Dec 31, 2022 | 287.27 Mn |
| Sep 30, 2022 | 276.30 Mn |
| Jun 30, 2022 | 290.41 Mn |
| Mar 31, 2022 | 192.82 Mn |
| Dec 31, 2021 | 148.39 Mn |
| Sep 30, 2021 | 142.26 Mn |
| Jun 30, 2021 | 153.73 Mn |