Financial insights of SM

MyFinsight

For the quarter ending 2025-09-30, SM made $811,591K in revenue. $155,088K in net income. Net profit margin of 19.11%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total operating revenues and other income	811,591	792,943	844,544	643,613
Oil, gas, and ngl production expense	229,036	224,008	225,073	148,380
Depletion, depreciation, and amortization	325,372	292,990	269,900	202,942
Exploration	11,532	15,355	11,763	12,097
General and administrative	39,317	42,097	39,339	35,141
Net derivative gain	45,479	78,308	-17,216	86,283
Other operating expense, net	-5,331	-1,893	-4,965	-384
Total operating expenses	565,109	498,035	568,256	312,661
Income from operations	246,482	294,908	276,288	330,952
Interest expense	42,937	42,561	44,373	50,682
Interest income	828	182	113	18,017
Other non-operating expense, net	-80	-27	-27	-637
Income before income taxes	204,293	252,502	232,001	297,650
Income tax expense	49,205	50,837	49,732	57,127
Net income	155,088	201,665	182,269	240,523

Basic net income per common share	1.35	1.76	1.59	2.1
Basic weighted-average common shares outstanding	114,826,000	114,520,000	114,515,000	114,405,000
Diluted net income per common share	1.35	1.76	1.59	2.09
Diluted weighted-average common shares outstanding	115,226,000	114,788,000	114,948,000	114,993,000