SM Energy (SM) Construction in Progress (2009 - 2026)
SM Energy (SM) posted quarterly 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 reported Construction in Progress for 18 consecutive years, with $835.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Construction in Progress rose 55.36% year-over-year to $835.0 million; the TTM figure through Mar 2026 stood at $835.0 million (up 55.36% YoY), while the FY2025 annual figure was $458.0 million, down 4.98% from the prior year.
- Construction in Progress rose to $835.0 million in Q1 2026 per SM's latest filing, from $458.0 million in the prior quarter.
- Across five years, Construction in Progress topped out at $835.0 million in Q1 2026 and bottomed at $192.8 million in Q1 2022.
- Historically, Construction in Progress has averaged $379.9 million across 5 years, with a median of $342.9 million in 2023.
- On a YoY basis, Construction in Progress climbed as much as 94.22% in 2022 and fell as far as 33.77% in 2022.
- SM Energy's Construction in Progress stood at $287.3 million in 2022, then rose by 24.65% to $358.1 million in 2023, then soared by 34.61% to $482.0 million in 2024, then retreated by 4.98% to $458.0 million in 2025, then jumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | - |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | - |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | - |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | SM Energy | 8.96 Bn | 8.19 Bn | 1.94 Bn | 809.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 809.00 Mn |
| 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 |