SM Energy (SM) Payables (2009 - 2026)

SM Energy's (SM) quarterly Payables came in at $2.9 billion in Q1 2026, up 266.33% year-on-year from $798.2 million in Q1 2025, and up 322.54% on a QoQ basis from $692.0 million in Q4 2025.

SM Energy (SM) Payables (2009 - 2026) Analysis & Trends

SM Energy (SM) has 18 years of Payables data on file, last reported at $2.9 billion in Q1 2026.

  • On a quarterly basis, Payables rose 266.33% year-over-year to $2.9 billion in Q1 2026; TTM through Mar 2026 was $2.9 billion, a 266.33% increase from a year earlier, with the FY2025 full-year figure at $692.0 million, down 9.78% from the prior year.
  • Payables for Q1 2026 stood at $2.9 billion, up from $692.0 million in the prior quarter.
  • Over the last five years, Payables for SM reached as high as $2.9 billion in Q1 2026 and fell as low as $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.
  • Across the five-year window, Payables tumbled 47.47% in 2023 and soared 266.33% in 2026, its largest moves.
  • Year by year, Payables stood at $588.5 million in 2022, then climbed by 5.08% to $618.4 million in 2023, then advanced by 24.03% to $767.0 million in 2024, then declined by 9.78% to $692.0 million in 2025, then soared by 322.54% to $2.9 billion in 2026.
  • Per Business Quant data, the three most recent Payables figures were $2.9 billion in Q1 2026, $692.0 million in Q4 2025, and $684.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Payables (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 7.02 Bn
2 Eog Resources 74.61 Bn 70.76 Bn - 3.73 Bn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn 62.00 Mn
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn 2.62 Bn
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 3.78 Bn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn 1.17 Bn
7 Texas Pacific Land 27.36 Bn 27.11 Bn - 40.54 Mn
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 1.97 Bn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 881.00 Mn
10 SM Energy 6.05 Bn 5.40 Bn 1.05 Bn 2.92 Bn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 1.04 Bn