SM Energy (SM) Invested Capital (2018 - 2026)

SM Energy (SM) posted quarterly Invested Capital of $1.2 billion for Q1 2026, up 194.75% quarter-over-quarter from $419.0 million in Q4 2025.

SM Energy (SM) Invested Capital (2018 - 2026) Analysis & Trends

SM Energy (SM) has reported Invested Capital for 3 consecutive years, with $1.2 billion the latest figure, recorded in Q1 2026.

In Q1 2026, Invested Capital changed N/A year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $2.1 billion (changed N/A YoY), while the FY2025 annual figure was $419.0 million, changed N/A from the prior year.
Invested Capital advanced to $1.2 billion in Q1 2026 per SM's latest filing, from $419.0 million in the prior quarter.
Across five years, Invested Capital topped out at $1.2 billion in Q1 2026 and bottomed at $418.6 million in Q3 2025.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Invested Cap. (Qtr)
1	Conocophillips	164.44 Bn	156.75 Bn	12.81 Bn	462.00 Mn
2	Canadian Natural Resources	106.98 Bn	105.09 Bn	10.66 Bn	1.60 Bn
3	Eog Resources	80.47 Bn	75.56 Bn	-	27.00 Mn
4	Diamondback Energy	59.28 Bn	58.82 Bn	5.55 Bn	1.55 Bn
5	Woodside Energy	46.13 Bn	40.18 Bn	6.02 Bn	1.50 Bn
6	Devon Energy	46.12 Bn	45.11 Bn	6.02 Bn	1.50 Bn
7	Occidental Petroleum	39.25 Bn	35.10 Bn	7.73 Bn	203.00 Mn
8	Eqt	33.67 Bn	33.56 Bn	1.42 Bn	114.96 Mn
9	Texas Pacific Land	26.50 Bn	26.25 Bn	-	-
10	SM Energy	8.90 Bn	8.13 Bn	1.94 Bn	416.00 Mn

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