| Balance Sheets | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 162,251 | 101,877 | 54 | 1,735,313 |
| Accounts receivable | 367,688 | 364,296 | 382,955 | 226,604 |
| Derivative assets | 68,567 | 78,504 | 60,640 | 72,287 |
| Prepaid expenses and other | 34,452 | 30,413 | 28,173 | 10,224 |
| Total current assets | 632,958 | 575,090 | 471,822 | 2,044,428 |
| Proved oil and gas properties | 15,653,507 | 15,378,464 | 14,688,382 | 12,501,494 |
| Accumulated depletion, depreciation, and amortization | 8,477,647 | 8,157,601 | 7,869,420 | 7,370,881 |
| Unproved oil and gas properties, net of valuation allowance of 12,334 and 32,680, respectively | 592,493 | 589,842 | 760,128 | 287,311 |
| Wells in progress | 424,891 | 395,532 | 537,457 | 291,197 |
| Other property and equipment, net of accumulated depreciation of 64,658 and 61,737, respectively | 71,669 | 54,531 | 45,055 | 45,149 |
| Total property and equipment, net | 8,264,913 | 8,260,768 | 8,161,602 | 5,754,270 |
| Acquisition deposit held in escrow | - | - | - | 102,000 |
| Derivative assets | 4,677 | 4,871 | 3,533 | 11,584 |
| Other noncurrent assets | 186,952 | 152,506 | 150,708 | 115,490 |
| Total noncurrent assets | 191,629 | 157,377 | 154,241 | 229,074 |
| Total assets | 9,089,500 | 8,993,235 | 8,787,665 | 8,027,772 |
| Accounts payable and accrued expenses | 674,157 | 794,002 | 764,773 | 560,839 |
| Senior notes, net | 418,593 | - | - | - |
| Derivative liabilities | 9,888 | 19,003 | 33,423 | 2,401 |
| Other current liabilities | 32,688 | 24,942 | 24,527 | 17,859 |
| Total current liabilities | 1,135,326 | 837,947 | 822,723 | 581,099 |
| Revolving credit facility | 0 | 0 | 37,500 | 0 |
| Senior notes, net | 2,294,118 | 2,711,148 | 2,709,584 | 2,706,700 |
| Asset retirement obligations | 150,127 | 150,095 | 147,929 | 125,327 |
| Net deferred tax liabilities | 690,446 | 589,756 | 569,551 | 467,459 |
| Derivative liabilities | 4,852 | 12,480 | 17,421 | 448 |
| Other noncurrent liabilities | 101,544 | 101,711 | 79,224 | 85,193 |
| Total noncurrent liabilities | 3,241,087 | 3,565,190 | 3,561,209 | 3,385,127 |
| Common stock, 0.01 par value - authorized 200,000,000 shares issued and outstanding 114,554,192 and 114,461,934 shares, respectively | 1,146 | 1,146 | 1,145 | 1,144 |
| Additional paid-in capital | 1,507,875 | 1,516,542 | 1,508,865 | 1,492,778 |
| Retained earnings | 3,205,190 | 3,073,545 | 2,894,870 | 2,570,108 |
| Accumulated other comprehensive loss | -1,124 | -1,135 | -1,147 | -2,484 |
| Total stockholders equity | 4,713,087 | 4,590,098 | 4,403,733 | 4,061,546 |
| Total liabilities and stockholders equity | 9,089,500 | 8,993,235 | 8,787,665 | 8,027,772 |
SM Energy Co (SM)
SM Energy Co (SM)