Price
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Smart Score
Below averageWe are an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in Texas, Utah, and following the closing of the Civitas Merger on January 30, 2026, Colorado and New Mexico. SM Energy was founded in 1908, incorporated in Delaware in 1915, and our initial public offering of common stock was in 1992. Our common stock trades on the New York Stock Exchange under the ticker symbol “SM.”
In the company’s own words · 10-K filed Feb 26, 2026 · SEC EDGAR
Business segments
Q2 2026 · $1.16BThe company’s own SEC segment disclosure.
- Crude Oil$1.14B98%
- Natural Gas Liquids Reserves$28.0M2%
SM Energy Company (SM) reported revenue of $2.50B in Q2 2026 (quarter ended June 30, 2026), up 215% from the same quarter a year earlier. That came with a gross margin of 78% and net income of $1.07B (43% of revenue). For the full year FY2025, revenue was $3.15B (+17% year on year) and net income $648M. Its largest product in 2026-Q2 was Crude Oil at $1.14B, 98% of the disclosed total, just ahead of Natural Gas Liquids Reserves at 2.4%.
Raw charts
11 series · TTMAs reported to the SEC, without any scoring.