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 | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Crude Oil | $2.03B | $1.26B | $580.05M | $669.11M | $653.00M | $658.00M | $681.73M | $531.83M | $532.55M | – | – | – | 81.0% | +210.3% |
| Natural Gas Liquids (NGL) | $115.00M | $91.00M | $51.50M | $57.74M | $54.00M | $61.00M | $68.43M | $60.00M | $55.71M | – | – | – | 4.6% | +113.0% |
| Natural Gas | $15.00M | $124.00M | $70.75M | $84.16M | $78.00M | $120.00M | $85.42M | $50.56M | $45.19M | – | – | – | 0.6% | -80.8% |
| Oil production revenue | – | – | – | – | – | $658.47M | $682.21M | $531.83M | $532.55M | $440.89M | $470.31M | $499.23M | – | – |
| NGL production revenue | – | – | – | – | – | $61.06M | $68.16M | $60.00M | $55.71M | $50.86M | $53.93M | $58.66M | – | – |
| Gas production revenue | – | – | – | – | – | $120.09M | $85.49M | $50.56M | $45.19M | $67.84M | $82.62M | $81.81M | – | – |
By region
| Revenue | Q2 26 | Q1 26 | Q4 25 | Q3 25 | Q2 25 | Q1 25 | Q4 24 | Q3 24 | Q2 24 | Q1 24 | Q4 23 | Q3 23 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Midland Basin | $1.11B | $729.00M | – | – | $342.00M | $393.00M | – | – | – | – | – | – | 44.4% | +224.6% |
| DJ Basin | $579.00M | $342.00M | – | – | $0 | $0 | – | – | – | – | – | – | 23.2% | – |
| Uinta Basin | $286.00M | $206.00M | $197.66M | $231.51M | $232.00M | $214.00M | $204.00M | $0 | $0 | $0 | – | – | 11.4% | +23.3% |
| South Texas | $181.00M | $200.00M | $211.48M | $235.31M | $211.00M | $233.00M | $245.54M | $236.02M | $231.65M | $186.78M | $208.20M | $224.45M | 7.2% | -14.2% |
| Midland Basin | – | – | $293.16M | $344.19M | $341.86M | $392.79M | $386.03M | $406.36M | $401.80M | $372.81M | $398.77M | $415.25M | – | – |
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.