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
DateValue
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