SM (SM Energy Company) Stock Financials & Earnings

SMSM Energy Company

Mkt Cap$3B

Revenue (TTM)$3.2B

Net Income (TTM)$648M

EPS (TTM)$5.65

Free Cash Flow (TTM)-$241M

Gross Margin31.9%

Op. Margin26.1%

Net Margin20.5%

FCF Margin-7.7%

P/S Ratio (TTM)0.9x

P/E Ratio (TTM)4.6x

YoY Rev Growth+18.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$571M	$274M	$272M
Q2 23	$547M	$243M	$209M
Q3 23	$640M	$312M	$196M
Q4 23	$607M	$280M	$310M
Q1 24	$560M	$256M	$178M
Q2 24	$633M	$317M	$279M
Q3 24	$642M	$291M	$331M
Q4 24	$836M	$361M	$287M
Q1 25	$840M	$345M	$276M
Q2 25	$785M	$268M	$295M
Q3 25	$811M	$257M	$246M
Q4 25	$718M	$136M	$4M

Revenue Breakdown

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Revenue Segments

Quarter	Natural Gas Revenue	Oil Revenue	Oil and Condensate Revenue	E&P Segment
Q1 23	$94M	$421M	$56M	—
Q2 23	$70M	$423M	$53M	—
Q3 23	$82M	$499M	$59M	—
Q4 23	$83M	$470M	$54M	—
Q1 24	$68M	$441M	$51M	—
Q2 24	$45M	$533M	$56M	—
Q3 24	$51M	$532M	$60M	—
Q4 24	$85M	$682M	$68M	—
Q1 25	$120M	$658M	$61M	—
Q2 25	—	—	—	$793M
Q3 25	—	—	—	$812M

Revenue by Geography

Quarter	Midland Basin	South Texas	Uinta Basin
Q1 23	$370M	$201M	—
Q2 23	$340M	$207M	—
Q3 23	$415M	$224M	—
Q4 23	$398M	$208M	—
Q1 24	$373M	$187M	—
Q2 24	$402M	$232M	—
Q3 24	$406M	$236M	—
Q1 25	$393M	$233M	$214M
Q2 25	$342M	$211M	$232M
Q3 25	$344M	$235M	$232M
Q4 25	$293M	$211M	$198M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$478M	$0	$478M
Q2 23	$378M	$0	$378M
Q3 23	$402M	$0	$402M
Q4 23	$616M	$0	$616M
Q1 24	$506M	$0	$506M
Q2 24	$488M	$0	$488M
Q3 24	$1.7B	$0	$1.7B
Q4 24	$0	$0	$0
Q1 25	$54K	$0	$54K
Q2 25	$102M	$0	$102M
Q3 25	$162M	$0	$162M
Q4 25	$368M	$0	$368M

Shares Outstanding

Revenue Per Employee

Revenue / Employee