Produces oil, gas, and natural gas liquids in Texas, Utah, Colorado, and New Mexico.
Jun 2026Revenue $5.50B/yrExpenses $3.87B/yr
No trend
Figures by year
Is SM Energy profitable?
Yes. In the 12 months to Jun 2026, revenue was $5.50B and expenses $3.87B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $3.15B | $2.15B | $1.00B |
| Dec 2024 | $2.69B | $1.61B | $1.08B |
| Dec 2023 | $2.37B | $1.39B | $987M |
| Dec 2022 | $3.36B | $1.78B | $1.58B |
| Dec 2021 | $2.62B | $2.41B | $209M |
| Dec 2020 | $1.13B | $2.20B | −$1.07B |
| Dec 2019 | $1.59B | $1.66B | −$70.0M |
| Dec 2018 | $2.07B | $1.23B | $836M |
| Dec 2017 | $1.13B | $1.29B | −$164M |
| Dec 2016 | $1.22B | $2.27B | −$1.06B |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.