SM Energy (SM) Market Capitalization (2009 - 2026)
SM Energy (SM) reported Market Capitalization of $7.97 billion for Q3 2026, up 178.5% from $2.86 billion a year earlier and up 28.5% from the prior quarter.
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Analysis
SM Energy (SM) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, SM Energy posted Market Capitalization of $2.14 billion, down 51.7% from FY2024.
- Market Capitalization has a five-year compound annual growth rate of 25.0% (FY2020 to FY2025).
- By year, Market Capitalization came in at $4.44 billion in FY2024 (-1.0%), $4.48 billion in FY2023 (+5.5%), $4.25 billion in FY2022 (+18.2%) and $3.59 billion in FY2021 (+411.6%).
- The Q3 2026 figure ranks as the highest quarterly Market Capitalization in data going back to Q1 2009.
- Year over year, Market Capitalization has now increased in each of the last three quarters, with growth averaging 25.7% over the last eight quarters.
- The high point for year-over-year Market Capitalization in five years was Q4 2021 (growth of 411.6%); the low point was Q4 2025 (a decline of 51.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $6.2 billion (Q2 2026), $6.2 billion (Q1 2026) and $2.14 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.97 Bn |
| Jun 30, 2026 | 6.20 Bn |
| Mar 31, 2026 | 6.20 Bn |
| Dec 31, 2025 | 2.14 Bn |
| Sep 30, 2025 | 2.86 Bn |
| Jun 30, 2025 | 2.83 Bn |
| Mar 31, 2025 | 3.43 Bn |
| Dec 31, 2024 | 4.44 Bn |
| Sep 30, 2024 | 4.57 Bn |
| Jun 30, 2024 | 4.93 Bn |
| Mar 31, 2024 | 5.73 Bn |
| Dec 31, 2023 | 4.48 Bn |
| Sep 30, 2023 | 4.61 Bn |
| Jun 30, 2023 | 3.74 Bn |
| Mar 31, 2023 | 3.39 Bn |
| Dec 31, 2022 | 4.25 Bn |
| Sep 30, 2022 | 4.62 Bn |
| Jun 30, 2022 | 4.17 Bn |
| Mar 31, 2022 | 4.75 Bn |
| Dec 31, 2021 | 3.59 Bn |
API Access
SM Energy Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "SM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();