SM Energy Co Total Assets
SM Energy Co total assets. Based on the latest financial reports, SM Energy Co (SM) holds total assets worth $19.14 Billion USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see SM Energy Co cash flow conversion for how efficiently the company converts equity into cash flow.
Total Assets of SM Energy Co (1990–2025)
Total assets of SM Energy Co from 1990 to 2025. This chart illustrates how SM Energy Co's total assets have evolved over time, based on quarterly financial data. See latest SM Energy Co stock price today for real-time trading data and today's change.
SM Energy Co - Asset Composition Analysis
SM Energy Co Total Assets Breakdown (December 2025)
SM Energy Co total assets breakdown as of December 2025. SM Energy Co's total assets of $19.14 Billion consist of 8.8% current assets and 91.2% non-current assets. Explore SM working capital efficiency to assess how much short-term liquidity the company maintains relative to its equity base.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $368.00 Million | 4.0% |
| Accounts Receivable | $331.00 Million | 3.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $8.41 Billion | 90.9% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1990–2025)
This chart illustrates how SM Energy Co's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SM Energy Co's current assets represent 8.8% of total assets in 2025, a decrease from 20.6% in 1990.
- Cash Position: Cash and equivalents constituted 4.0% of total assets in 2025, up from 1.0% in 1990.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1990.
- Asset Diversification: The largest asset category is property, plant & equipment at 90.9% of total assets.
SM Energy Co Competitors by Total Assets
Key competitors of SM Energy Co based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
EOG Resources Inc
NYSE:EOG
|
USA | $54.78 Billion |
|
Santos Ltd
AU:STO
|
Australia | AU$32.05 Billion |
|
Tourmaline Oil Corp.
TO:TOU
|
Canada | CA$23.06 Billion |
|
Permian Resources Corporation
NYSE:PR
|
USA | $18.50 Billion |
|
Ovintiv Inc
NYSE:OVV
|
USA | $77.72 Billion |
|
Chord Energy Corp
NASDAQ:CHRD
|
USA | $13.72 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.11 Billion |
|
Talos Energy
NYSE:TALO
|
USA | $5.43 Billion |
SM Energy Co - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.39 | 0.57 | 0.26 |
| Quick Ratio | 0.39 | 0.57 | 0.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-2.61 Billion | $-350.90 Million | $-782.26 Million |
SM Energy Co - Advanced Valuation Insights
This section examines the relationship between SM Energy Co's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.08 |
| Latest Market Cap to Assets Ratio | 0.81 |
| Asset Growth Rate (YoY) | 7.9% |
| Total Assets | $9.25 Billion |
| Market Capitalization | $7.45 Billion USD |
Valuation Analysis
Near Book Valuation: The market values SM Energy Co's assets close to their book value (0.81x), suggesting investors view the company's assets at approximately fair value.
Positive Asset Growth: SM Energy Co's assets grew by 7.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for SM Energy Co (1990–2025)
The table below shows the annual total assets of SM Energy Co from 1990 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $9.25 Billion | +7.89% |
| 2024-12-31 | $8.58 Billion | +34.43% |
| 2023-12-31 | $6.38 Billion | +11.62% |
| 2022-12-31 | $5.72 Billion | +9.21% |
| 2021-12-31 | $5.23 Billion | +5.18% |
| 2020-12-31 | $4.98 Billion | -20.91% |
| 2019-12-31 | $6.29 Billion | -0.95% |
| 2018-12-31 | $6.35 Billion | +2.85% |
| 2017-12-31 | $6.18 Billion | -3.39% |
| 2016-12-31 | $6.39 Billion | +13.73% |
| 2015-12-31 | $5.62 Billion | -13.73% |
| 2014-12-31 | $6.52 Billion | +38.50% |
| 2013-12-31 | $4.71 Billion | +12.04% |
| 2012-12-31 | $4.20 Billion | +10.54% |
| 2011-12-31 | $3.80 Billion | +38.43% |
| 2010-12-31 | $2.74 Billion | +16.24% |
| 2009-12-31 | $2.36 Billion | -12.40% |
| 2008-12-31 | $2.70 Billion | +4.80% |
| 2007-12-31 | $2.57 Billion | +35.42% |
| 2006-12-31 | $1.90 Billion | +49.68% |
| 2005-12-31 | $1.27 Billion | +34.19% |
| 2004-12-31 | $945.46 Million | +28.48% |
| 2003-12-31 | $735.85 Million | +37.00% |
| 2002-12-31 | $537.14 Million | +22.92% |
| 2001-12-31 | $436.99 Million | +35.76% |
| 2000-12-31 | $321.89 Million | +39.71% |
| 1999-12-31 | $230.40 Million | +24.88% |
| 1998-12-31 | $184.50 Million | -12.56% |
| 1997-12-31 | $211.00 Million | +46.22% |
| 1996-12-31 | $144.30 Million | +50.16% |
| 1995-12-31 | $96.10 Million | +7.49% |
| 1994-12-31 | $89.40 Million | +9.29% |
| 1993-12-31 | $81.80 Million | +7.77% |
| 1992-12-31 | $75.90 Million | +41.08% |
| 1991-12-31 | $53.80 Million | +33.50% |
| 1990-12-31 | $40.30 Million | -- |
About SM Energy Co
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the United States. The company holds working interests in oil and gas producing wells in the Midland Basin, South Texas, Uinta Basin, and DJ Basin. The company was formerly known as St. Mary Land & Exploration Company and changed its name t… Read more