SM Energy (SM) Total Debt (2009 - 2026)
SM Energy (SM) posted quarterly Total Debt of $1.2 billion for Q1 2026, down 54.42% year-over-year from $2.7 billion in Q1 2025, and down 60.58% quarter-over-quarter from $3.1 billion in Q4 2025.
SM Energy (SM) Total Debt (2009 - 2026) Analysis & Trends
SM Energy (SM) has reported Total Debt for 18 consecutive years, with $1.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Debt fell 54.42% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $1.2 billion (down 54.42% YoY), while the FY2025 annual figure was $3.1 billion, up 4440.58% from the prior year.
- Total Debt declined to $1.2 billion in Q1 2026 per SM's latest filing, from $3.1 billion in the prior quarter.
- Across five years, Total Debt topped out at $3.1 billion in Q4 2025 and bottomed at $69.0 million in Q4 2024.
- Historically, Total Debt has averaged $1.9 billion across 5 years, with a median of $1.6 billion in 2023.
- Annual changes were most pronounced in 2025 — Total Debt soared 4440.58% — and 2026, when it tumbled 54.42%.
- SM Energy's Total Debt stood at $1.6 billion in 2022, then rose by 0.15% to $1.6 billion in 2023, then sank by 95.62% to $69.0 million in 2024, then jumped by 4440.58% to $3.1 billion in 2025, then sank by 60.58% to $1.2 billion in 2026.
- Business Quant data shows SM's Total Debt at $1.2 billion in Q1 2026, $3.1 billion in Q4 2025, and $2.7 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 23.29 Bn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | 12.39 Bn |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 7.93 Bn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | 12.61 Bn |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 12.89 Bn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | 11.96 Bn |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 13.74 Bn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | 5.77 Bn |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | SM Energy | 8.96 Bn | 8.19 Bn | 1.94 Bn | 7.45 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.45 Bn |
| Mar 31, 2026 | 1.24 Bn |
| Dec 31, 2025 | 3.13 Bn |
| Sep 30, 2025 | 2.71 Bn |
| Mar 31, 2025 | 2.71 Bn |
| Dec 31, 2024 | 69.00 Mn |
| Sep 30, 2024 | 2.71 Bn |
| Mar 31, 2024 | 1.58 Bn |
| Jun 30, 2023 | 1.57 Bn |
| Mar 31, 2023 | 1.57 Bn |
| Sep 30, 2022 | 1.57 Bn |
| Jun 30, 2022 | 1.57 Bn |
| Jun 30, 2021 | 52.50 Mn |
| Mar 31, 2021 | 135.00 Mn |
| Dec 31, 2020 | 93.00 Mn |
| Sep 30, 2020 | 2.18 Bn |
| Jun 30, 2020 | 2.26 Bn |
| Mar 31, 2020 | 72.00 Mn |
| Dec 31, 2019 | 2.61 Bn |
| Sep 30, 2019 | 129.00 Mn |