Financial insights of SM

MyFinsight

For the quarter ending 2026-03-31, SM made $1,479,000K in revenue. -$335,000K in net income. Net profit margin of -22.65%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Total operating revenues and other income	1,479,000	704,922	811,591	792,943
Oil, gas, and ngl production expense	428,000	206,883	229,036	224,008
Depletion, depreciation, and amortization	432,000	318,738	325,372	292,990
Exploration	26,000	18,350	11,532	15,355
General and administrative	174,000	40,247	39,317	42,097
Net derivative loss	-697,000	71,429	45,479	78,308
Other operating expense	-20,000	-9,811	-5,331	-1,893
Total operating expenses	1,777,000	522,600	565,109	498,035
Income (loss) from operations	-298,000	182,322	246,482	294,908
Interest expense	113,000	43,129	42,937	42,561
Interest income	-	1,877	828	182
Other non-operating income, net	1,000	134	-80	-27
Income (loss) before income taxes	-410,000	141,204	204,293	252,502
Income tax (expense) benefit	-75,000	32,226	49,205	50,837
Net income (loss)	-335,000	108,978	155,088	201,665

Basic EPS	-1.68	0.938	1.35	1.76
Diluted EPS	-1.68	0.947	1.35	1.76
Basic Average Shares	199,000,000	116,139,000	114,826,000	114,520,000
Diluted Average Shares	199,000,000	115,038,000	115,226,000	114,788,000

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.