SM

SM Energy Co
—

Company Information

Company Name
SM Energy Co
CIK
CIK0000893538
Category
Large accelerated filer
Ticker: Exchange
SM: NYSE
Fiscal Year End
December 31
Owner Organization
01 Energy & Transportation
SIC
1311
SIC Description
Crude Petroleum & Natural Gas
Ticker
SM

SEC filing data through

Insider Sentiment

Last purchase
2025-05-06
Last sale
2026-09-10
Shares purchased (TTM)
0
Shares sold (TTM)
45,703
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
2026-06-30
Institutional shares owned
228,808,971
Shares outstanding
239,000,000
Ownership
95.74%
-1.31% Y/Y

Earnings Market Reaction

Filing date
2026-08-06
Price on filing date
—
1-month reaction
27.60%
3-month reaction
…
Drift continued8/11 (73%)
Faded / reversed3/11 (27%)

Balance Sheet

Values in millions ($)
Line item2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-312023-12-312023-09-30Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Assets Current
Cash And Cash Equivalents At Carrying Value620449368162102001,735488506616402
Accounts Receivable Net Current989915331368364383361227239242231265
Derivative Assets Current14520183697961497227345626
Prepaid Expense And Other Assets Current14610629343028251020111311
Assets Current1,9001,6718116335754724352,044774793916703
Property Plant And Equipment Net
Proved Oil And Gas Property Successful Effort Method23,21422,28016,01215,65415,37814,68814,30212,50112,16411,75711,47711,169
Oil And Gas Property Successful Effort Method Accumulated Depreciation Depletion And Amortization-8,466-7,891-8,793-8,478-8,158-7,869-7,603-7,371-7,171-6,994-6,830-6,680
Unproved Oil And Gas Property Successful Effort Method8601,078460592590760765287286336336526
Disposal Group Including Discontinued Operation Property Plant And Equipment-666----------
Property Plant And Equipment Other Net13113365725545484545353641
Property Plant And Equipment Net16,54817,1018,2028,2658,2618,1627,9935,7545,6625,5145,3765,292
Assets Noncurrent
Escrow Deposit-------102102---
Derivative Assets Noncurrent562765544128795
Other Assets Noncurrent354345234187153151145115111857878
Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment410372240192157154149229221928784
Assets18,85819,1449,2539,0908,9938,7888,5778,0286,6576,3986,3806,079
Liabilities Current
Accounts Payable And Accrued Liabilities Current2,3672,221690674794765760561564496612540
Senior Notes Current4161,235419419--0-----
Derivative Liabilities Current1847032101933722124743
Other Liabilities Current12212158332525221817161515
Liabilities Current3,0894,2801,1691,135838823790581602536634599
Liabilities Noncurrent
Long Term Line Of Credit00000386900000
Senior Long Term Notes6,6206,7412,2962,2942,7112,7102,7082,7071,5771,5761,5751,575
Asset Retirement Obligations Noncurrent430477150150150148145125124124119115
Deferred Income Tax Liabilities Net630315724690590570545467441397370324
Derivative Liabilities Noncurrent12251217703115
Other Liabilities Noncurrent27546110210210279758566656556
Liabilities Noncurrent7,9567,9963,2743,2413,5653,5613,5493,3852,2112,1642,1302,075
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
Common Stock Value221111111111
Additional Paid In Capital Common Stock3,8883,9621,5171,5081,5171,5091,5021,4931,4931,5371,5651,581
Retained Earnings Accumulated Deficit3,9212,9033,2913,2053,0742,8952,7352,5702,3532,1632,0521,826
Accumulated Other Comprehensive Income Loss Net Of Tax211-1-1-1-1-2-3-3-3-4
Stockholders Equity7,8136,8684,8104,7134,5904,4044,2374,0623,8443,6983,6163,404
Liabilities And Stockholders Equity18,85819,1449,2539,0908,9938,7888,5778,0286,6576,3986,3806,079
Property Plant And Equipment Other Accumulated Depreciation676563656463626262616059
Common Stock Par Or Stated Value Per Share0.010.010.010.010.010.010.010.010.010.010.010.01
Common Stock Shares Authorized400400200200200200200200200200200200
Common Stock Shares Issued237240115115115114114114114115116116
Shares Outstanding237240115115115114114114114115116116

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SM Energy Co (SM) — SEC Financial Statements & Analysis

SM Energy Co (SM) is a crude petroleum & natural gas company, incorporated in DE. SM Energy Co trades on NYSE as: SM. SM Energy Co (SM)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06. Based on that filing, SM Energy Co carries a market cap of $6.20B, a P/E ratio of 6.20x, a P/B ratio of 0.79x, a P/S ratio of 1.21x, an enterprise value of $5.58B, and an EV/EBITDA multiple of 3.43x. On profitability, it posts a gross margin of 72.41%, an operating margin of 31.62%, a net margin of 19.43%, a Return on Equity (ROE) of 16.13%, a Return on Assets (ROA) of 7.18%, and a Return on Invested Capital (ROIC) of 20.75%. Per share, it reports EPS of $4.18, diluted EPS of $4.17, free cash flow per share of $11.09, and a dividend per share of $0.76. Over the trailing year, it posted revenue growth of 65.84% year-over-year, net income growth of 23.08% year-over-year, and EPS growth of -40.78% year-over-year. On the balance sheet, it maintains a current ratio of 0.62x, a quick ratio of 0.57x, working capital of $-1.19B, a debt-to-equity ratio of 1.41x, a debt ratio of 0.59, an interest coverage ratio of 5.25x, free cash flow of $2.65B (TTM), and net debt of $-620.00M. Figures sourced from SEC EDGAR.

Market Cap
$6.20B
P/E TTM
6.20x
EPS TTM
$4.18
P/B TTM
0.79x
ROE TTM
16.13%
ROA TTM
7.18%
Debt To Equity
1.41x
Free Cash Flow TTM
$2.65B
Net Revenue TTM Growth 1Y
65.84%

Data as of 2026-06-30 · Source: SEC EDGAR

Frequently Asked Questions

What industry is SM Energy Co in?

SM Energy Co (SM) operates in the Crude Petroleum & Natural Gas industry.

What exchange does SM trade on?

SM Energy Co (SM) trades on the NYSE.

Where is SM Energy Co incorporated?

SM Energy Co is incorporated in DE.

When was SM Energy Co (SM)'s most recent SEC filing?

SM Energy Co (SM)'s most recent SEC filing is a Form 10-Q for the period ended 2026-06-30, filed with the SEC on 2026-08-06.

What is SM's market cap?

SM Energy Co (SM) has a market capitalization of $6.20B as of 2026-06-30.

What is SM's P/E ratio?

SM Energy Co (SM)'s trailing twelve month P/E ratio is 6.20x as of 2026-06-30.

What is SM's EPS (earnings per share)?

SM Energy Co (SM)'s trailing twelve month EPS is $4.18 as of 2026-06-30.

What is SM's ROE (return on equity)?

SM Energy Co (SM)'s trailing twelve month Return on Equity (ROE) is 16.13% as of 2026-06-30.

What is SM's ROA (return on assets)?

SM Energy Co (SM)'s trailing twelve month Return on Assets (ROA) is 7.18% as of 2026-06-30.

What is SM's ROIC (return on invested capital)?

SM Energy Co (SM)'s trailing twelve month Return on Invested Capital (ROIC) is 20.75% as of 2026-06-30.

What is SM's EV/EBITDA?

SM Energy Co (SM)'s trailing twelve month EV/EBITDA is 3.43x as of 2026-06-30.

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