SM Energy (SM)
Explores, develops, and produces oil and gas across four U.S. shale basins.
$34.30
vs last close+0.38 (+1.11%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 640 | 607 | 560 | 633 | 642 | 836 | 840 | 785 | 811 | 718 | 1,479 | 2,500 |
| Cost of revenue | 328 | 326 | 304 | 316 | 351 | 475 | 495 | 517 | 554 | 583 | 428 | 556 |
| Gross profit | 312 | 280 | 256 | 317 | 291 | 361 | 345 | 268 | 257 | 136 | 1,051 | 1,944 |
| 116 | −30 | 78 | 38 | −40 | 74 | 68 | −27 | 10 | 131 | 1,349 | 448 | |
| 29 | 37 | 30 | 31 | 35 | 42 | 39 | 42 | 39 | 40 | 174 | 79 | |
| General & administrative | 29 | 37 | 30 | 31 | 35 | 42 | 39 | 42 | 39 | 40 | 174 | 79 |
| Other expenses | 87 | −66 | 47 | 7 | −75 | 32 | 29 | −69 | −29 | 91 | 1,175 | 369 |
| Operating income | 196 | 310 | 178 | 279 | 331 | 287 | 276 | 295 | 246 | 4 | −298 | 1,496 |
| −19 | −18 | −15 | −15 | −33 | −46 | −44 | −42 | −42 | 137 | −112 | −107 | |
| Interest income | 4 | 6 | 7 | 6 | 18 | 1 | 0 | 0 | 1 | 2 | 0 | 0 |
| Interest expense | 23 | 24 | 22 | 22 | 51 | 46 | 44 | 43 | 43 | 303 | 113 | 111 |
| Other non-operating income | −4 | −6 | −7 | −6 | −17 | −1 | 0 | 0 | −1 | −440 | −1 | −4 |
| Income before tax | 176 | 292 | 163 | 264 | 298 | 241 | 232 | 253 | 204 | 141 | −410 | 1,389 |
| Income tax expense | −46 | 45 | 32 | 54 | 57 | 53 | 50 | 51 | 49 | 32 | −75 | 318 |
| Net income from continuing operations | 222 | 247 | 131 | 210 | 241 | 188 | 182 | 202 | 155 | 109 | −335 | 1,071 |
| Net income | 222 | 247 | 131 | 210 | 241 | 188 | 182 | 202 | 155 | 109 | −335 | 1,071 |
| EPS, basic | $1.89 | $2.13 | $1.13 | $1.83 | $2.10 | $1.64 | $1.59 | $1.76 | $1.35 | $0.95 | −$2.91 | $4.48 |
| EPS, diluted | $1.88 | $2.12 | $1.13 | $1.82 | $2.09 | $1.63 | $1.59 | $1.76 | $1.35 | $0.95 | −$2.91 | $4.46 |
| Weighted average shares, basic | 118 | 116 | 116 | 115 | 114 | 114 | 115 | 115 | 115 | 115 | 115 | 239 |
| Weighted average shares, diluted | 118 | 117 | 116 | 116 | 115 | 115 | 115 | 115 | 115 | 115 | 115 | 240 |
| EBITDA | 389 | 505 | 351 | 465 | 551 | 548 | 546 | 588 | 573 | 763 | 135 | 2,092 |
| Depreciation & amortization | 189 | 189 | 166 | 180 | 203 | 261 | 270 | 293 | 325 | 319 | 432 | 592 |
| EBIT | 199 | 316 | 185 | 286 | 348 | 288 | 276 | 295 | 247 | 444 | −297 | 1,500 |
