KPIs & Operating Metrics(New)
Growth Metrics

SM Energy (SM) Construction in Progress (2016 - 2026)

SM Energy has reported Construction in Progress over the past 17 years, most recently at $458.0 million for Q4 2025.

  • Quarterly Construction in Progress fell 4.98% to $458.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $458.0 million through Dec 2025, down 4.98% year-over-year, with the annual reading at $458.0 million for FY2025, 4.98% down from the prior year.
  • Construction in Progress was $458.0 million for Q4 2025 at SM Energy, up from $424.9 million in the prior quarter.
  • Over five years, Construction in Progress peaked at $537.5 million in Q1 2025 and troughed at $142.3 million in Q3 2021.
  • The 5-year median for Construction in Progress is $311.9 million (2023), against an average of $317.9 million.
  • Year-over-year, Construction in Progress crashed 42.41% in 2021 and then surged 94.22% in 2022.
  • A 5-year view of Construction in Progress shows it stood at $148.4 million in 2021, then skyrocketed by 93.58% to $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.
  • Per Business Quant, the three most recent readings for SM's Construction in Progress are $458.0 million (Q4 2025), $424.9 million (Q3 2025), and $395.5 million (Q2 2025).