SM Energy (SM) Payables (2009 - 2026)
SM Energy (SM) posted quarterly Payables of $2.9 billion for Q1 2026, up 266.33% year-over-year from $798.2 million in Q1 2025, and up 322.54% quarter-over-quarter from $692.0 million in Q4 2025.
SM Energy (SM) Payables (2009 - 2026) Analysis & Trends
SM Energy (SM) has reported Payables for 18 consecutive years, with $2.9 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Payables rose 266.33% year-over-year to $2.9 billion; the TTM figure through Mar 2026 stood at $2.9 billion (up 266.33% YoY), while the FY2025 annual figure was $692.0 million, down 9.78% from the prior year.
- Payables grew to $2.9 billion in Q1 2026 per SM's latest filing, from $692.0 million in the prior quarter.
- Across five years, Payables topped out at $2.9 billion in Q1 2026 and bottomed at $520.5 million in Q1 2024.
- Historically, Payables has averaged $830.0 million across 5 years, with a median of $684.0 million in 2025.
- Annual changes were most pronounced in 2023 — Payables sank 47.47% — and 2026, when it surged 266.33%.
- SM Energy's Payables stood at $588.5 million in 2022, then gained by 5.08% to $618.4 million in 2023, then rose by 24.03% to $767.0 million in 2024, then slipped by 9.78% to $692.0 million in 2025, then jumped by 322.54% to $2.9 billion in 2026.
- Business Quant data shows SM's Payables at $2.9 billion in Q1 2026, $692.0 million in Q4 2025, and $684.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 6.76 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 1.13 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 3.91 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 36.00 Mn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 3.12 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 2.62 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 3.57 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 1.17 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | 40.78 Mn |
| 10 | SM Energy | 8.96 Bn | 8.19 Bn | 1.94 Bn | 2.55 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.55 Bn |
| Mar 31, 2026 | 2.92 Bn |
| Dec 31, 2025 | 692.00 Mn |
| Sep 30, 2025 | 684.05 Mn |
| Jun 30, 2025 | 813.01 Mn |
| Mar 31, 2025 | 798.20 Mn |
| Dec 31, 2024 | 767.00 Mn |
| Sep 30, 2024 | 563.24 Mn |
| Jun 30, 2024 | 584.32 Mn |
| Mar 31, 2024 | 520.47 Mn |
| Dec 31, 2023 | 618.39 Mn |
| Sep 30, 2023 | 583.61 Mn |
| Jun 30, 2023 | 552.67 Mn |
| Mar 31, 2023 | 553.00 Mn |
| Dec 31, 2022 | 588.47 Mn |
| Sep 30, 2022 | 806.70 Mn |
| Jun 30, 2022 | 1.01 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 882.81 Mn |
| Sep 30, 2021 | 1.09 Bn |