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
DateValue
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