SM Energy (SM) Total Debt (2009 - 2026)
SM Energy's (SM) quarterly Total Debt came in at $1.2 billion in Q1 2026, down 54.42% year-on-year from $2.7 billion in Q1 2025, and down 60.58% on a QoQ basis from $3.1 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 $1.2 billion in Q1 2026.
- On a quarterly basis, Total Debt fell 54.42% year-over-year to $1.2 billion in Q1 2026; TTM through Mar 2026 was $1.2 billion, a 54.42% decrease from a year earlier, with the FY2025 full-year figure at $3.1 billion, up 4440.58% from the prior year.
- Total Debt for Q1 2026 stood at $1.2 billion, down from $3.1 billion in the prior quarter.
- Over the last five years, Total Debt for SM reached as high as $3.1 billion in Q4 2025 and fell as low as $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.
- Across the five-year window, Total Debt jumped 4440.58% in 2025 and sank 54.42% in 2026, its largest moves.
- Year by year, Total Debt stood at $1.6 billion in 2022, then advanced by 0.15% to $1.6 billion in 2023, then sank by 95.62% to $69.0 million in 2024, then soared by 4440.58% to $3.1 billion in 2025, then sank by 60.58% to $1.2 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $1.2 billion in Q1 2026, $3.1 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 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 23.33 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 7.93 Bn |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 13.90 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 11.96 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 15.67 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 5.77 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 8.39 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 5.88 Bn |
| 10 | SM Energy | 6.05 Bn | 5.40 Bn | 1.05 Bn | 1.24 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2019 | 118.00 Mn |