SM Energy (SM) Net Long-Term Debt Issued (Repaid) (2011 - 2026)
SM Energy (SM) posted Non-Current Debt of $6.61 billion for Q3 2026, up 32.1% from $5.01 billion a year earlier but down 51.6% from the prior quarter.
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Analysis
SM Energy (SM) Net Long-Term Debt Issued (Repaid) (2011 - 2026) Analysis & Trends
At the end of FY2025, SM Energy's Non-Current Debt came in at $5.01 billion, down 8.7% from FY2024.
- Annual Non-Current Debt shows a five-year compound annual growth rate of 17.7% (FY2020 to FY2025).
- In prior years, SM Energy's Non-Current Debt was $5.49 billion in FY2024 (+248.2%), $1.58 billion in FY2023 (+0.2%), $1.57 billion in FY2022 (-24.5%) and $2.08 billion in FY2021 (-6.0%).
- Quarterly Non-Current Debt has run from a low of $1.57 billion in Q2 2022 to a high of $14.72 billion in Q1 2026 over five years.
- On a year-over-year basis, Non-Current Debt has increased in each of the last three quarters, with growth averaging 167.8% over the last eight quarters.
- The strongest year-over-year quarter for Non-Current Debt in the past five years was Q1 2026, with growth of 435.7%; the weakest was Q2 2022, with a decline of 28.4%.
- According to Business Quant data, Non-Current Debt for the three prior quarters was $13.66 billion (Q2 2026), $14.72 billion (Q1 2026) and $5.01 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | -1.57 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 4.57 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | -19.00 Mn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 62.00 Mn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | -956.00 Mn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | -647.00 Mn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 1.00 Mn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 315.02 Mn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | -2.07 Bn |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn | -417.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -417.00 Mn |
| Jun 30, 2026 | -936.00 Mn |
| Mar 31, 2026 | 177.00 Mn |
| Dec 31, 2024 | 86,000.00 |
| Jun 30, 2022 | -480.18 Mn |
| Mar 31, 2022 | -104.77 Mn |
| Sep 30, 2021 | -66.29 Mn |
| Jun 30, 2021 | -385.30 Mn |
| Dec 31, 2020 | -42.23 Mn |
| Sep 30, 2020 | -65.94 Mn |
| Jun 30, 2020 | -53.51 Mn |
| Mar 31, 2020 | -28.32 Mn |
| Dec 31, 2018 | -18,000.00 |
| Sep 30, 2018 | -844.98 Mn |
| Sep 30, 2017 | -13,000.00 |
| Mar 31, 2017 | -2.34 Mn |
| Dec 31, 2016 | -167.44 Mn |
| Sep 30, 2016 | 659.08 Mn |
| Jun 30, 2016 | -9.99 Mn |
| Mar 31, 2016 | -19.92 Mn |
API Access
SM Energy Net Long-Term Debt Issued (Repaid) 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=non-current-debt&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "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=non-current-debt&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();