SM Energy Co
Company Stats
- Market Cap
- $8.0B
- as of Sep 30, 2026
- Shares Outstanding
- 237.9M
- Free Float
- 97.2%
Income Statement
- Revenue
- $3.2B
- Operating Income
- $1.0B
- Net Income
- $648.0M
- Revenue Growth, 3Y
- -2.1%
Balance Sheet
- Cash & Equivalents
- $368.0M
Returns & Capital
- Dividends Paid
- $92.0M
- Dividend Yield
- 1.1%
- Dividend Payout, 3Y Avg
- 11.3%
- Share Repurchases
- $13.0M
- Buyback Yield, 3Y Avg
- 1.4%
- SBC, 3Y Avg
- $24.7M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $3.2B | — | — |
| FY2024 | $2.7B | — | — |
| FY2023 | $2.4B | — | — |
| FY2022 | $3.4B | — | — |
| FY2021 | $2.6B | $1.1B | 43.8% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 25, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Energy Earnings: Demand Runs Hot, Capex Stays Disciplined