For the year ending 2025-12-31, SM made $3,154,000K in revenue. $648,000K in net income. Net profit margin of 20.55%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total operating revenues and other income | 3,154,000 | 2,690,259 | 2,373,886 | 3,358,647 |
| Oil, gas, and ngl production expense | 885,000 | 636,971 | 563,543 | 620,912 |
| Depletion, depreciation, and amortization | 1,207,000 | 809,305 | 690,481 | 603,780 |
| Exploration | 57,000 | 64,121 | 59,480 | 54,943 |
| Impairment | - | - | 0 | 7,468 |
| General and administrative | 161,000 | 138,344 | 121,063 | 114,558 |
| Net derivative gain | 178,000 | 49,958 | 68,154 | -374,012 |
| Other operating expense | -22,000 | -15,781 | -20,567 | -3,493 |
| Total operating expenses | 2,154,000 | 1,614,564 | 1,386,980 | 1,779,166 |
| Income from operations | 1,000,000 | 1,075,695 | 986,906 | 1,579,481 |
| Interest expense | 173,000 | 140,659 | 91,630 | 120,346 |
| Interest income | 3,000 | 31,903 | 19,854 | - |
| Loss on extinguishment of debt | - | -483 | 0 | -67,605 |
| Other non-operating expense | 0 | -233 | -928 | 4,240 |
| Income before income taxes | 830,000 | 966,223 | 914,202 | 1,395,770 |
| Income tax expense | 182,000 | 195,930 | 96,322 | 283,818 |
| Net income | 648,000 | 770,293 | 817,880 | 1,111,952 |
| Basic EPS | 5.65 | 6.71 | 6.89 | 9.09 |
| Diluted EPS | 5.64 | 6.67 | 6.86 | 8.96 |
| Basic Average Shares | 115,000,000 | 114,757,000 | 118,678,000 | 122,351,000 |
| Diluted Average Shares | 115,000,000 | 115,533,000 | 119,240,000 | 124,084,000 |
SM Energy Co (SM)
SM Energy Co (SM)