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	2024-12-31
Total operating revenues and other income	811,591	792,943	844,544	852,221
Oil, gas, and ngl production expense	229,036	224,008	225,073	214,594
Depletion, depreciation, and amortization	325,372	292,990	269,900	260,524
Exploration	11,532	15,355	11,763	16,349
General and administrative	39,317	42,097	39,339	41,913
Net derivative gain	45,479	78,308	-17,216	-20,298
Other operating expense, net	-5,331	-1,893	-4,965	-11,575
Total operating expenses	565,109	498,035	568,256	565,253
Income from operations	246,482	294,908	276,288	286,968
Interest expense	42,937	42,561	44,373	46,297
Interest income	828	182	113	783
Loss on extinguishment of debt	-	-	-	-121
Other non-operating expense, net	-80	-27	-27	451
Income before income taxes	204,293	252,502	232,001	241,422
Income tax expense	49,205	50,837	49,732	53,144
Net income	155,088	201,665	182,269	188,278

Basic net income per common share	1.35	1.76	1.59	1.65
Basic weighted-average common shares outstanding	114,826,000	114,520,000	114,515,000	-229,924,000
Diluted net income per common share	1.35	1.76	1.59	1.63
Diluted weighted-average common shares outstanding	115,226,000	114,788,000	114,948,000	-231,631,000