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SM Energy Company (SM)
NYSE: SM · Real-Time Price · USD
29.92
+0.29 (0.98%)
At close: Nov 6, 2026, 4:00 PM EST
30.10
+0.18 (0.60%)
After-hours: Nov 6, 2026, 7:58 PM EST

SM Energy Company Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Income
931,071-335108.98155202182187.99240.52210.29131.2247.11222.34149.87198.55258.46481.24323.4948.76424.9
Depreciation & Amortization
590592432318.74325293270260.22202.94179.65166.19189.11189.35157.83154.19151.08145.87154.82159.48208.76
Other Amortization
---2.35---2.082.181.371.371.371.371.371.371.371.33.64.013.93
Loss (Gain) From Sale of Assets
2-262------------------
Stock-Based Compensation
1411258.048677.616.595.795.025.736.044.164.324.915.114.484.274.63
Other Operating Activities
484-191549-15.0570-5695.04-32.0129.0669.91-19.5816.7848.23-0.58-68.62-216.6627.97263.53-277.83
Change in Accounts Receivable
---30----86----10.19---38.55----101.05
Change in Accounts Payable
----17---109---8.08----109.56---218.24
Change in Other Net Operating Assets
-61-118-3115.87-5370-322.4332.0450.22-97.6954.89-52.8921.78-26.2212.1896.5228.21-137.96-51.95
Operating Cash Flow
1,1221,103640451.91505571483578.36452.26476.38276476.52382.99383.25331.63288.38513.37542.57342.09429.63
Operating Cash Flow Growth (YoY)
122.18%93.17%32.51%-21.86%11.66%19.86%75.00%21.37%18.09%24.30%-16.78%65.24%-25.40%-29.36%-3.06%-32.88%56.46%83.05%223.88%67.26%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Capital Expenditures
-711-754-555-228.76-398-410-414-2,457-302.94-322.68-332.37-223.27-237.19-398.17-240.71-288.09-226.11-215.62-150.13-124.58
Sale of Property, Plant & Equipment
-8897-------00----------
Cash Acquisitions
---49-----------------
Other Investing Activities
-27--244.53-7--157.92--0.08--0.350.310.27-0.59--2.09
Investing Cash Flow
-746143-628-224.23-405-410-429-2,449-302.95-322.68-332.29-223.27-237.19-397.82-240.41-287.82-226.7-215.62-150.13-122.48

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Long-Term Debt Issued
--1,000---857-------------
Total Debt Issued
3793251,0000.51855288571,0191,477----------183
Long-Term Debt Repaid
---823----888------------104.77-
Total Debt Repaid
-796-1,261-823--185-565-888-949.88-349.12---------480.18-104.77-183
Net Debt Issued (Repaid)
-417-9361770.5--37-3169.091,128---------480.18-104.77-
Issuance of Common Stock
---1.07---1.16-1.84-1.24-1.82-1.39-1.65-1.32
Repurchase of Common Stock
-79-87--0.22-12-1--2.01--51.22-32.77-22.86-96.38-68.8-40.07-36.97-20.24---
Common Dividends Paid
-52-53-82-23.22-23-23-23-22.86-20.6-20.71-20.83-17.45-17.8-18.08-18.29-18.42--1.22--1.22
Other Financing Activities
-61-26-0.06-52--11.79-9.19--0.02--7.88-0.01---35.09--0.02-4.34
Financing Cash Flow
-554-1,07569-21.94-40-59-5433.581,098-70.09-53.62-39.06-122.06-85.06-58.36-53.99-55.33-479.75-104.79-4.23

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Net Cash Flow
-17817181205.7560102--1,8371,24783.62-109.91214.1823.74-99.6332.87-53.44231.35-152.887.17302.92

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Free Cash Flow
41134985223.1510716169-1,879149.32153.7-56.37253.25145.8-14.9290.920.29287.26326.95191.97305.05
Free Cash Flow Growth (YoY)
284.11%116.77%23.19%--28.34%4.75%--2.41%--88139.37%-49.24%--52.64%-99.91%94.06%343.11%-138.22%
Free Cash Flow Margin
20.21%16.56%6.08%32.90%13.74%21.10%8.54%-229.77%24.31%24.22%-11.11%43.59%22.75%-2.85%17.37%0.04%34.38%34.35%24.95%37.46%
Free Cash Flow Per Share
1.721.450.431.940.931.400.60-16.331.301.33-0.482.171.23-0.120.740.002.312.631.552.46
Levered Free Cash Flow
3831441,243223.02-63.9559.862.05-1,95840.189.39-146.4186.7698.49-140.4753.49-131.8155.95174.1168179.82
Unlevered Free Cash Flow
455.5213.381,314247.63-37.0886.7429.55-1,93169.6101.65-134.1200.34111.56-12866.15-119.03168.91192.68188.61200.94

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21
Cash Interest Paid
14690951.45803824.8741.578.5732.999.4334.838.833.888.5734.7926.6764.210.38
Cash Income Tax Paid
-32--15-19.380.1910.72-3.292.80.046.090.050.07010.5-0.86
Change in Working Capital
-61-118-3128.87-5370-3225.4332.0450.22-97.6952.78-52.8921.78-26.22-58.8396.5228.21-137.9665.24
SEC Filings: 10-K · 10-Q