SM Energy (SM) Other Working Capital Changes (2009 - 2026)

SM Energy (SM) reported Other Working Capital Changes of $31.0 million for Q1 2026, down 3.12% year-over-year from $32.0 million in Q1 2025, and up 295.37% quarter-over-quarter from -$15.9 million in Q4 2025.

SM Energy (SM) Other Working Capital Changes (2009 - 2026) Analysis & Trends

SM Energy (SM) has 18 years of Other Working Capital Changes data on file, last reported at $31.0 million in Q1 2026.

  • Other Working Capital Changes for Q1 2026 came in at $31.0 million, down 3.12% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.0 million (up 96.2% YoY), and the FY2025 annual result was -$1.0 million, down 107.69% from the prior year.
  • Other Working Capital Changes improved to $31.0 million in Q1 2026 per SM's latest filing, from -$15.9 million in the prior quarter.
  • Over five years, Other Working Capital Changes peaked at $138.0 million in Q1 2022 and troughed at -$96.5 million in Q3 2022.
  • A 5-year average of $2.7 million and a median of -$12.2 million in 2022 frame the typical range for Other Working Capital Changes.
  • The sharpest annual moves came in 2024 and 2025: Other Working Capital Changes soared 272.63% in 2024, then tumbled 552.16% in 2025.
  • A 5-year view of Other Working Capital Changes shows it stood at -$12.2 million in 2022, then sank by 354.45% to -$55.3 million in 2023, then soared by 95.6% to -$2.4 million in 2024, then plunged by 552.16% to -$15.9 million in 2025, then surged by 295.37% to $31.0 million in 2026.
  • Business Quant data shows SM's Other Working Capital Changes at $31.0 million in Q1 2026, -$15.9 million in Q4 2025, and $52.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn
4 Eog Resources 72.93 Bn 69.08 Bn -
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn
10 SM Energy 6.19 Bn 5.54 Bn 1.05 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 31.00 Mn
Mar 31, 2026 31.00 Mn
Dec 31, 2025 -15.87 Mn
Dec 31, 2025 -15.87 Mn
Sep 30, 2025 52.57 Mn
Sep 30, 2025 52.57 Mn
Jun 30, 2025 -69.70 Mn
Jun 30, 2025 -69.70 Mn
Mar 31, 2025 32.00 Mn
Mar 31, 2025 32.00 Mn
Dec 31, 2024 -2.43 Mn
Dec 31, 2024 -2.43 Mn
Sep 30, 2024 -32.04 Mn
Sep 30, 2024 -32.04 Mn
Jun 30, 2024 -50.22 Mn
Jun 30, 2024 -50.22 Mn
Mar 31, 2024 97.69 Mn
Mar 31, 2024 97.69 Mn
Dec 31, 2023 -55.33 Mn
Dec 31, 2023 -55.33 Mn