SM Energy (SM) Property, Plant & Equipment (Net) (2009 - 2026)
SM Energy's Property, Plant & Equipment (Net) came in at $16.55 billion for Q2 2026, up 100.3% from $8.26 billion a year earlier but down 3.2% from the prior quarter.
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Analysis
SM Energy (SM) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, SM Energy's Property, Plant & Equipment (Net) was $8.2 billion, up 2.6% from FY2024.
- Property, Plant & Equipment (Net) has increased in each of the last four years, with a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- Going back by year, Property, Plant & Equipment (Net) was $7.99 billion in FY2024 (+48.7%), $5.38 billion in FY2023 (+10.1%), $4.88 billion in FY2022 (+6.7%) and $4.58 billion in FY2021 (-2.7%).
- The five-year range for quarterly Property, Plant & Equipment (Net) is $4.58 billion (Q4 2021) to $17.1 billion (Q1 2026).
- Year-over-year, Property, Plant & Equipment (Net) has increased for 16 consecutive quarters, with growth averaging 50.9% over the last eight quarters.
- The fastest year-over-year change in Property, Plant & Equipment (Net) over five years came in Q1 2026 (growth of 109.5%), and the weakest in Q1 2022 (a decline of 2.8%).
- Business Quant data shows SM's Property, Plant & Equipment (Net) at $17.1 billion (Q1 2026), $8.2 billion (Q4 2025) and $8.26 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - | 296.30 Bn |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn | 182.30 Bn |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn | 215.94 Bn |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - | 117.89 Bn |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - | 57.15 Bn |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn | 91.25 Bn |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - | 62.95 Bn |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn | 39.65 Bn |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - | 56.93 Bn |
| 10 | SM Energy | 8.37 Bn | 6.77 Bn | 1.94 Bn | 16.55 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.55 Bn |
| Mar 31, 2026 | 17.10 Bn |
| Dec 31, 2025 | 8.20 Bn |
| Sep 30, 2025 | 8.26 Bn |
| Jun 30, 2025 | 8.26 Bn |
| Mar 31, 2025 | 8.16 Bn |
| Dec 31, 2024 | 7.99 Bn |
| Sep 30, 2024 | 5.75 Bn |
| Jun 30, 2024 | 5.66 Bn |
| Mar 31, 2024 | 5.51 Bn |
| Dec 31, 2023 | 5.38 Bn |
| Sep 30, 2023 | 5.29 Bn |
| Jun 30, 2023 | 5.23 Bn |
| Mar 31, 2023 | 5.03 Bn |
| Dec 31, 2022 | 4.88 Bn |
| Sep 30, 2022 | 4.75 Bn |
| Jun 30, 2022 | 4.65 Bn |
| Mar 31, 2022 | 4.58 Bn |
| Dec 31, 2021 | 4.58 Bn |
| Sep 30, 2021 | 4.67 Bn |
API Access
SM Energy Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();