Filing Flows › SM Energy (SM) › Capital expenditures
SM Energy (SM) capital expenditures by quarter
SM Energy's capital expenditures were $711M in Q3 2026 (third quarter 2026), -6% from Q2 2026. Over the last 7 quarters it ranged from $216M (Q4 2025) to $754M (Q2 2026).
| Quarter | Capital expenditures | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | $711M | -6% | +79% |
| Q2 2026 | $754M | +36% | +84% |
| Q1 2026 | $555M | +157% | +34% |
| Q4 2025 | $216M | -46% | — |
| Q3 2025 | $398M | -3% | — |
| Q2 2025 | $410M | -1% | — |
| Q1 2025 | $414M | — | — |
Q3 2026 at a glance
SM Energy, Q3 2026: revenue $2.2B (+167% year over year), operating margin 10.9%, net earnings $93.0M, operating cash flow $1.1B. The chart follows the revenue to costs, profit and cash.
Questions
What is SM Energy's capital expenditures?
SM Energy's capital expenditures were $711M in Q3 2026 (third quarter 2026), -6% from Q2 2026.
How has SM Energy's capital expenditures changed?
Over the last 7 quarters it ranged from $216M (Q4 2025) to $754M (Q2 2026).