SM Energy (SM) Total Debt (2009 - 2026)
SM Energy (SM) reported Total Debt of $703.0 million for Q1 2026, down 74.37% year-over-year from $2.7 billion in Q1 2025, and down 69.41% quarter-over-quarter from $2.3 billion in Q4 2025.
SM Energy (SM) Total Debt (2009 - 2026) Analysis & Trends
SM Energy (SM) has 18 years of Total Debt data on file, last reported at $703.0 million in Q1 2026.
- Total Debt for Q1 2026 came in at $703.0 million, down 74.37% year-over-year; the trailing twelve-month figure through Mar 2026 was $703.0 million (down 74.37% YoY), and the FY2025 annual result was $2.3 billion, down 15.36% from the prior year.
- Total Debt retreated to $703.0 million in Q1 2026 per SM's latest filing, from $2.3 billion in the prior quarter.
- Over five years, Total Debt peaked at $2.7 billion in Q1 2025 and troughed at $19.0 million in Q2 2025.
- A 5-year average of $1.6 billion and a median of $1.6 billion in 2022 frame the typical range for Total Debt.
- The sharpest annual moves came in 2023 and 2025: Total Debt plunged 98.89% in 2023, then jumped 11277.99% in 2025.
- A 5-year view of Total Debt shows it stood at $1.6 billion in 2022, then retreated by 2.84% to $1.6 billion in 2023, then surged by 71.6% to $2.7 billion in 2024, then declined by 15.36% to $2.3 billion in 2025, then slumped by 69.41% to $703.0 million in 2026.
- Business Quant data shows SM's Total Debt at $703.0 million in Q1 2026, $2.3 billion in Q4 2025, and $2.7 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | 11.19 Bn |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | 12.37 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 23.33 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 7.93 Bn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 15.67 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | 13.90 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | 2.62 Bn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 778.55 Mn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | 178.30 Bn |
| 10 | SM Energy | 6.19 Bn | 5.54 Bn | 1.05 Bn | 703.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 703.00 Mn |
| Dec 31, 2025 | 2.30 Bn |
| Sep 30, 2025 | 2.72 Bn |
| Jun 30, 2025 | 19.00 Mn |
| Mar 31, 2025 | 2.74 Bn |
| Dec 31, 2024 | 2.72 Bn |
| Sep 30, 2024 | 2.71 Bn |
| Jun 30, 2024 | 20.55 Mn |
| Mar 31, 2024 | 24.11 Mn |
| Dec 31, 2023 | 1.58 Bn |
| Sep 30, 2023 | 1.62 Bn |
| Jun 30, 2023 | 22.21 Mn |
| Mar 31, 2023 | 1.60 Bn |
| Dec 31, 2022 | 1.63 Bn |
| Sep 30, 2022 | 1.75 Bn |
| Jun 30, 2022 | 2.00 Bn |
| Mar 31, 2022 | 2.52 Bn |
| Dec 31, 2021 | 2.40 Bn |
| Sep 30, 2021 | 2.63 Bn |
| Jun 30, 2021 | 2.68 Bn |