SM - NYSE

SM Energy Company

SM·NYSE

$34.29

+0.94%

EnergyOil & Gas Exploration & Production

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. As of February 24, 2022, it had 492.0 million barrels of oil equivalent of estimated proved reserves. It also has working interests in 825 gross productive oil wells and 483 gross productive gas wells in the Midland Basin and South Texas. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$8.22B

EPS5.6500

P/E Ratio6.07

Earnings Date07/30/2026

9.25B

Assets

3Y+62.0%

5Y+86.0%

10Y+45.0%

4.44B

Total Liabilities

3Y+69.0%

5Y+50.0%

10Y+14.0%

4.81B

Total Equity

14%

3Y+56.0%

5Y+139.0%

10Y+93.0%

SM Energy Company Funding & Solvency Profile

SM · NYSE

Current Assets

Cash & Cash Equivalents368.00M

Net Receivables331.00M

Inventory0.00

Other Current Assets112.00M

Total Current Assets811 M

Non-Current Assets

Property, Plant & Equipment65.00M

Goodwill & Intangible Assets0.00

Long-Term Investments0.00

Other Non-Current Assets175.00M

Total Non-Current Assets240 M

Total Assets

9.25B

Financial Health Analysis

Current Ratio

0.69x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

0.92x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

-358000000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

9% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Negative working capital with limited cash reserves requires immediate attention—potential liquidity crisis if not addressed promptly.

SM Energy Company Balance Sheet

SM • NYSE

SM Energy Company Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	368M	0.0	616.2M	445M	332.7M	10K	10K	78M	313.9M	9.4M	18K	120K	282.2M	5.9M	119.2M	5.1M	10.6M	6.1M	43.5M	1.5M
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1M	1.2M	1.5M
Cash & Short-Term Investments	368M	0.0	616.2M	445M	332.7M	10K	10K	78M	313.9M	9.4M	18K	120K	282.2M	5.9M	119.2M	5.1M	10.6M	7.1M	44.7M	2.9M
Net Receivables	331M	361M	231.2M	233.3M	247.2M	162.5M	184.7M	167.5M	160.2M	152M	134.1M	282.8M	317.6M	258.2M	215.9M	171.7M	148.9M	170.9M	160.1M	150.4M
Accounts Receivables	331M	344.8M	221.6M	230.5M	239.4M	0.0	0.0	0.0	96.6M	96.1M	80.5M	180.3M	0.0	0.0	149.4M	110.5M	80.1M	84.6M	159.1M	142.7M
Other Receivables	0.0	16.1M	9.5M	2.8M	7.8M	22M	15.7M	28.8M	6.6M	26.2M	53.6M	84M	57.3M	34.9M	164.6M	61.2M	68.8M	86.3M	933K	7.7M
Inventory	0.0	0.0	0.0	0.0	0.0	31.2M	55.2M	175.1M	64.3M	54.5M	367.7M	442.5M	16M	13.4M	16.5M	22.5M	24.5M	22.2M	47.3M	17.5M
Prepaids	0.0	0.0	0.0	0.0	9.2M	10M	12.7M	8.6M	10.8M	8.8M	17.1M	19.6M	14.6M	30M	68M	45.5M	14.3M	22.2M	14.1M	17.5M
Other Current Assets	112M	73.7M	69.1M	58.9M	24.1M	41.2M	62.1M	184.6M	64.4M	61M	384.8M	545M	122.5M	46.5M	60M	52.4M	35.2M	0.0	33.2M	56.1M
Total Current Assets	811M	434.7M	916.4M	737.2M	613.2M	203.7M	252.6M	429.3M	549.1M	224.6M	519M	745M	647.5M	340.6M	463.2M	274.6M	209M	311.8M	269.9M	226.9M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	65M	8B	5.4B	4.9B	4.6B	4.7B	6B	5.8B	5.4B	5.7B	4.9B	5.5B	3.8B	3.6B	3.1B	2.4B	2.1B	2.3B	2.3B	1.6B
Goodwill	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	9.5M	9.5M
Intangible Assets	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	10.8M	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	0.0	0.0	0.0	-24.5M	-239K	-117M	-20.6M	-58.5M	-40.4M	-70.6M	-120.7M	0.0	0.0	10.8M	0.0	0.0	0.0	0.0	9.5M	9.5M
Long-Term Investments	0.0	4M	0.0	24.5M	239K	23.2M	20.6M	58.5M	40.4M	70.6M	120.7M	0.0	0.0	-10.8M	0.0	0.0	0.0	0.0	-33.2M	-14.7M
Tax Assets	0.0	0.0	0.0	280.8M	9.8M	93.9M	189.4M	223.3M	80M	315.7M	758.3M	891.7M	10.7M	8.6M	4.2M	8.9M	4.9M	89.6M	33.2M	14.7M
Other Non-Current Assets	175M	145.3M	87.1M	-184.8M	35M	70.9M	-103.4M	-125.6M	104.6M	144.5M	-605.3M	-606M	222.1M	220.3M	234.9M	26.7M	19.4M	-43.4M	17.9M	24.2M
Total Non-Current Assets	240M	8.1B	5.5B	5B	4.6B	4.8B	6B	5.9B	5.6B	6.2B	5.1B	5.8B	4.1B	3.9B	3.3B	2.5B	2.2B	2.4B	2.3B	1.7B
Other Assets	8.2B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Assets	9.3B	8.6B	6.4B	5.7B	5.2B	5B	6.3B	6.4B	6.2B	6.4B	5.6B	6.5B	4.7B	4.2B	3.8B	2.7B	2.4B	2.7B	2.6B	1.9B
LIABILITIES
CURRENT LIABILITIES
Total Payables	0.0	434.3M	294M	43.9M	25.1M	63M	52.1M	56M	77.6M	44.2M	49.2M	72.8M	53.3M	65.5M	61.6M	48.4M	45M	114.3M	70.3M	79.4M
Accounts Payable	0.0	82.5M	107.3M	43.9M	25.1M	63M	52.1M	56M	77.6M	0.0	0.0	0.0	0.0	0.0	35.5M	11.3M	11.6M	25.6M	28.2M	37.2M
Other Payables	0.0	351.8M	186.7M	0.0	0.0	0.0	0.0	0.0	0.0	44.2M	49.2M	72.8M	53.3M	65.5M	26.1M	37.1M	33.4M	88.7M	42.1M	84.5M
Accrued Expenses	0.0	0.0	54.8M	423.2M	453M	274.9M	317M	325.5M	284.6M	142M	111.6M	210.7M	239M	35.6M	43.1M	45.2M	23.6M	18.6M	17.9M	10.3M
Short Term Debt	0.0	22.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	4.5M
Capital Lease Obligations (Current)	0.0	0.0	0.0	10.1M	6.5M	11.7M	19.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Payables	0.0	286.9M	230.1M	225.8M	274.7M	125.8M	134.4M	113.5M	73.6M	46.2M	58.5M	78.8M	98.3M	75M	61.6M	37.1M	33.4M	42.5M	933K	7.7M
Deferred Revenue	0.0	0.0	0.0	280.8M	-6.5M	-11.9M	-19.2M	0.0	0.0	0.0	0.0	152K	96.6M	69.6M	0.0	0.0	0.0	0.0	0.0	123.4M
Other Current Liabilities	1.2B	333.2M	285M	121.4M	404.7M	234.2M	83.7M	84.5M	197.1M	228.9M	141.8M	501.1M	346.8M	440.4M	401.1M	408.4M	228.1M	163.7M	274.4M	109.9M
Total Current Liabilities	1.2B	790M	633.8M	598.6M	889.3M	583.7M	472M	466.1M	559.2M	415.2M	302.5M	784.7M	639.1M	541.5M	505.8M	502.1M	296.7M	296.6M	362.5M	204.1M
NON-CURRENT LIABILITIES
Long Term Debt	2.3B	2.8B	1.6B	1.6B	2.1B	2.2B	2.7B	2.6B	2.9B	2.9B	2.5B	2.3B	1.6B	1.4B	985.1M	323.7M	454.9M	558.7M	572.5M	434M
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	-93.9M	87.6M	104.4M	185.8M	220.7M	137.5M	120.9M	123.3M	121M	101.3M	32.6M	65.5M	136.2M	0.0	0.0
Deferred Tax Liabilities (Non-Current)	724M	545.3M	369.9M	280.8M	9.8M	93.9M	189.4M	223.3M	80M	315.7M	758.3M	891.7M	650.1M	537.4M	568.3M	443.1M	308.2M	358.3M	257.6M	224.5M
Other Non-Current Liabilities	254M	184.5M	160.7M	155.4M	171.1M	150.3M	315.3M	370.2M	314.2M	583.6M	190.5M	221.3M	209.1M	266.1M	276.9M	224.4M	262.1M	217.7M	515.7M	293.2M
Total Non-Current Liabilities	3.3B	3.5B	2.1B	2B	2.3B	2.4B	3.1B	3B	3.2B	3.5B	3.5B	3.4B	2.5B	2.2B	1.8B	1B	1.1B	1.3B	1.3B	951.7M
Capital Lease Obligations	0.0	42.9M	24.4M	33.7M	26M	23.6M	23.1M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	4.4B	4.3B	2.8B	2.6B	3.2B	3B	3.5B	3.4B	3.8B	3.9B	3.8B	4.2B	3.1B	2.8B	2.3B	1.5B	1.4B	1.6B	1.7B	1.2B
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-823K	-1.2M	-1.5M	-423K	-1.2M	-1.9M	-29M	-4.3M
Preferred Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	380K	0.0	0.0	402K	312K	416K	14K	280K	482K	0.0	0.0	0.0	71K
Common Stock	1M	1.1M	1.2M	1.2M	1.2M	1.1M	1.1M	1.1M	1.1M	1.1M	681K	675K	671K	662K	641K	634K	629K	625K	640K	553K
Additional Paid-In Capital	0.0	1.5B	1.6B	1.8B	1.8B	1.8B	1.8B	1.8B	1.7B	1.7B	305.6M	283.3M	257.7M	233.6M	217M	191.7M	160.5M	99.4M	170.1M	38.9M
Retained Earnings	3.3B	2.7B	2.1B	1.3B	234.5M	200.7M	967.6M	1.2B	665.7M	794M	1.6B	2B	1.4B	1.2B	1.3B	1B	851.6M	964M	878.7M	695.2M
Accumulated Other Comprehensive Income/Loss	1M	-1.2M	-2.6M	-4M	-12.8M	-13.6M	-11.3M	-12.4M	-13.8M	-14.6M	-13.4M	-11.3M	-5.4M	-9M	-4.3M	-15.5M	-38M	65.3M	-157M	12.9M
Other Total Stockholders' Equity	1.5B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Stockholders' Equity	4.8B	4.2B	3.6B	3.1B	2.1B	2B	2.7B	2.9B	2.4B	2.5B	1.9B	2.3B	1.6B	1.4B	1.5B	1.2B	973.6M	1.1B	863.3M	743.4M
Total Equity	4.8B	4.2B	3.6B	3.1B	2.1B	2B	2.7B	2.9B	2.4B	2.5B	1.9B	2.3B	1.6B	1.4B	1.5B	1.2B	973.6M	1.1B	863.3M	743.4M
SUMMARY
Total Liabilities & Equity	9.3B	8.6B	6.4B	5.7B	5.2B	5B	6.3B	6.4B	6.2B	6.4B	5.6B	6.5B	4.7B	4.2B	3.8B	2.7B	2.4B	2.7B	2.6B	1.9B
Total Investments	0.0	4M	0.0	24.5M	239K	23.2M	20.6M	58.5M	40.4M	70.6M	120.7M	0.0	0.0	-10.8M	0.0	0.0	0.0	1M	1.2M	1.5M
Total Debt	2.3B	2.8B	1.6B	1.6B	2.1B	2.2B	2.7B	2.6B	2.9B	2.9B	2.5B	2.4B	1.6B	1.4B	985.1M	323.7M	454.9M	587.5M	572.5M	438.4M
Net Debt	1.9B	2.8B	959.2M	1.1B	1.7B	2.2B	2.7B	2.5B	2.6B	2.9B	2.5B	2.4B	1.3B	1.4B	865.9M	318.6M	444.3M	581.4M	529M	437M
Shares Outstanding	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045	114,584,045

SEC Filings

SM - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 01, 2026	June 01, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 22, 2026	May 21, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 12, 2026	May 11, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 06, 2026	May 06, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 30, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 17, 2026	April 17, 2026	2026	View Filing
DEF 14A DEF 14A 2025 N/A	April 08, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	April 02, 2026	April 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 18, 2026	March 18, 2026	2026	View Filing

Showing 1 to 10 of 698 filings

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