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| Date | Value |
|---|---|
| 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 |