SMNYSECrude Petroleum & Natural GasFiscal year ends December 31
SM Energy Co
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$38.89−0.61 (-1.54%)
Close on Oct 19, 2026
- Market cap
- $9.33B
- P/E (TTM)
- 7.7
- Dividend yield
- 2.06%
SM Energy Co revenue by segment
By business segment
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Crude Oil | $2.56B | $2.19B | $1.81B | – | – | – | – | – | – | – | 81.2% | +17.1% |
| Natural Gas | $353.00M | $249.00M | $328.00M | – | – | – | – | – | – | – | 11.2% | +41.8% |
| Natural Gas Liquids (NGL) | $224.00M | $235.00M | $222.00M | – | – | – | – | – | – | – | 7.1% | -4.7% |
| Oil production revenue | – | $2.19B | $1.81B | $2.27B | $1.89B | $853.57M | $1.18B | $1.07B | $654.25M | $611.84M | – | – |
| NGL production revenue | – | $234.73M | $222.23M | $284.96M | $180.61M | $85.16M | $140.01M | $216.23M | $230.12M | $229.30M | – | – |
| Gas production revenue | – | $249.07M | $327.88M | $790.88M | $525.48M | $187.46M | $262.53M | $354.45M | $369.41M | $337.29M | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Midland Basin | $1.37B | $1.57B | $1.52B | $2.25B | $2.03B | $879.58M | $1.20B | $1.06B | $482.06M | – | 43.5% | -12.4% |
| South Texas | $891.00M | $900.00M | $840.00M | $1.10B | $569.50M | $246.61M | $390.01M | $514.51M | $610.49M | – | 28.2% | -1.0% |
| Uinta Basin | $875.00M | $204.00M | – | – | – | – | – | – | – | – | 27.7% | +328.9% |
| Permian [Member] | – | – | – | – | – | – | – | $1.06B | $482.06M | $134.81M | – | – |
| Rocky Mountain [Member] | – | – | – | – | – | – | – | $57.24M | $161.24M | $319.66M | – | – |
| South Texas & Gulf Coast [Member] | – | – | – | – | – | – | – | $514.51M | $610.49M | $723.96M | – | – |
| Rocky Mountain [Member] | – | – | – | – | – | – | – | $57.24M | $161.24M | – | – | – |
From the segment and revenue-disaggregation notes of SM Energy's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.