SM Energy (SM) Enterprise Value (2009 - 2026)
SM Energy's (SM) quarterly Enterprise Value came in at -$650.0 million in Q1 2026, down 970.95% year-on-year from $74.6 million in Q1 2025, and down 44.12% on a QoQ basis 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.
- On a quarterly basis, Enterprise Value fell 970.95% year-over-year to -$650.0 million in Q1 2026; TTM through Mar 2026 was -$650.0 million, a 970.95% decrease from a year earlier, with the FY2025 full-year figure at -$451.0 million, down 820.41% from the prior year.
- Enterprise Value for Q1 2026 stood at -$650.0 million, down from -$451.0 million in the prior quarter.
- Over the last five years, Enterprise Value for SM reached as high as -$49.0 million in Q4 2024 and fell as low as -$1.8 billion in Q3 2024.
- Historically, Enterprise Value has averaged -$490.9 million across 5 years, with a median of -$452.4 million in 2023.
- Across the five-year window, Enterprise Value sank 1959.24% in 2022 and surged 92.71% in 2024, its largest moves.
- Year by year, Enterprise Value stood at -$493.7 million in 2022, then tumbled by 36.24% to -$672.6 million in 2023, then jumped by 92.71% to -$49.0 million in 2024, then plunged by 820.41% to -$451.0 million in 2025, then plunged by 44.12% to -$650.0 million in 2026.
- Per Business Quant data, the three most recent Enterprise Value figures were -$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 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | -6.36 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | -3.85 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 6.17 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | -5.94 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | -3.18 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 3.49 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | -247.57 Mn |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | -1.82 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | -2.31 Bn |
| 10 | SM Energy | 6.05 Bn | 5.40 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 |