SM Energy (SM) Enterprise Value (2009 - 2026)
SM Energy (SM) reported Enterprise Value of -$650.0 million for Q1 2026, down 970.95% year-over-year from $74.6 million in Q1 2025, and down 44.12% quarter-over-quarter from -$451.0 million in Q4 2025.
SM Energy (SM) Enterprise Value (2009 - 2026) Analysis & Trends
SM Energy (SM) has 18 years of Enterprise Value data on file, last reported at -$650.0 million in Q1 2026.
- Enterprise Value for Q1 2026 came in at -$650.0 million, down 970.95% year-over-year; the trailing twelve-month figure through Mar 2026 was -$650.0 million (down 970.95% YoY), and the FY2025 annual result was -$451.0 million, down 820.41% from the prior year.
- Enterprise Value declined to -$650.0 million in Q1 2026 per SM's latest filing, from -$451.0 million in the prior quarter.
- Over five years, Enterprise Value peaked at -$49.0 million in Q4 2024 and troughed at -$1.8 billion in Q3 2024.
- A 5-year average of -$490.9 million and a median of -$452.4 million in 2023 frame the typical range for Enterprise Value.
- The sharpest annual moves came in 2022 and 2024: Enterprise Value tumbled 1959.24% in 2022, then jumped 92.71% in 2024.
- A 5-year view of Enterprise Value shows it stood at -$493.7 million in 2022, then slumped by 36.24% to -$672.6 million in 2023, then jumped by 92.71% to -$49.0 million in 2024, then tumbled by 820.41% to -$451.0 million in 2025, then tumbled by 44.12% to -$650.0 million in 2026.
- Business Quant data shows SM's Enterprise Value at -$650.0 million in Q1 2026, -$451.0 million in Q4 2025, and -$230.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | -5.94 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | -589.20 Mn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | -6.36 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | -3.85 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | -3.18 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 6.17 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | -615.14 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 3.34 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -191.30 Mn |
| 10 | SM Energy | 6.19 Bn | 5.54 Bn | 1.05 Bn | -650.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -650.00 Mn |
| Dec 31, 2025 | -451.00 Mn |
| Sep 30, 2025 | -230.82 Mn |
| Jun 30, 2025 | -180.38 Mn |
| Mar 31, 2025 | -60.69 Mn |
| Dec 31, 2024 | -49.00 Mn |
| Sep 30, 2024 | -1.81 Bn |
| Jun 30, 2024 | -515.08 Mn |
| Mar 31, 2024 | -540.17 Mn |
| Dec 31, 2023 | -672.61 Mn |
| Sep 30, 2023 | -427.50 Mn |
| Jun 30, 2023 | -452.38 Mn |
| Mar 31, 2023 | -558.93 Mn |
| Dec 31, 2022 | -493.68 Mn |
| Sep 30, 2022 | -540.64 Mn |
| Jun 30, 2022 | -285.40 Mn |
| Mar 31, 2022 | -429.54 Mn |
| Dec 31, 2021 | -356.81 Mn |
| Sep 30, 2021 | -54.31 Mn |
| Jun 30, 2021 | -31.30 Mn |