SM Energy Co.
- SM · NYSE
- Crude Petroleum & Natural Gas
- Denver, CO
- 1,241 employees
- CIK 0000893538
Updated from SEC filings through
Top things to know
Executives
- Elizabeth Anne McDonald President & CEO 4, 2026-07-24
-
A. Wade Pursell EVP & CFO 4, 2026-08-24 - Alan D. Bennett Vice President - Controller 4, 2026-07-24
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James Barker Lebeck EVP, GC & Corp Secretary 4, 2026-08-24 -
Blake Douglas McKenna EVP and COO 4, 2026-07-24 - Blake D. McKenna Executive Vice President and Chief Operating Officer DEF 14A, 2026-04-08
SM Energy Co is a U.S. public company in crude petroleum & natural gas (SIC 1311), headquartered in Denver, CO. It trades as SM on NYSE. Revenue was $3.2B in the fiscal year ending December 31, 2025, +17.2% from the year before. It reported about 1,241 employees. Elizabeth Anne McDonald is President & CEO.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $3.2B 10-K, 2026-02-26 | $2.7B 10-K, 2026-02-26 | $2.4B 10-K, 2026-02-26 | $3.4B 10-K, 2025-02-20 | $2.6B 10-K, 2024-02-22 |
| Operating income | $1.0B 10-K, 2026-02-26 | $1.1B 10-K, 2026-02-26 | $987M 10-K, 2026-02-26 | $1.6B 10-K, 2025-02-20 | $209M 10-K, 2024-02-22 |
| SG&A | $161M 10-K, 2026-02-26 | $138M 10-K, 2026-02-26 | $121M 10-K, 2026-02-26 | $115M 10-K, 2025-02-20 | $112M 10-K, 2024-02-22 |
| Net income | $648M 10-K, 2026-02-26 | $770M 10-K, 2026-02-26 | $818M 10-K, 2026-02-26 | $1.1B 10-K, 2025-02-20 | $36.2M 10-K, 2024-02-22 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Elizabeth Anne McDonald | President & CEO | 4, 2026-07-24 |
| Herbert S. Vogel | Board member (per proxy) bio: Former President, Chief Executive Officer and Director | DEF 14A, 2026-04-08 |
| A. Wade Pursell CFO at SM Energy Company | EVP & CFO | 4, 2026-08-24 |
| Alan D. Bennett Vice President - Controller at SM Energy Company | Vice President - Controller | 4, 2026-07-24 |
| Blake D. McKenna | Named in proxy bio: Executive Vice President and Chief Operating Officer | DEF 14A, 2026-04-08 |
| James B. Lebeck | Named in proxy bio: Executive Vice President - Chief Corporate Development Officer, General Counsel and Corporate Secretary | DEF 14A, 2026-04-08 |
| Kenneth J. Knott | Named in proxy bio: Advisor; Former Senior Vice President - Business Development and Land | DEF 14A, 2026-04-08 |
| James Barker Lebeck | EVP, GC & Corp Secretary | 4, 2026-08-24 |
| Blake Douglas McKenna | EVP and COO | 4, 2026-07-24 |
| Ashwin Venkatraman | Board member (per proxy) bio: Director | DEF 14A, 2026-04-08 |
| Barton R. Brookman | Board member (per proxy) bio: Director | DEF 14A, 2026-04-08 |
| Carrie M. Fox | Board member (per proxy) bio: Director | DEF 14A, 2026-04-08 |
| Howard A. Willard III | Board member (per proxy) bio: Director | DEF 14A, 2026-04-08 |
| Julio M. Quintana | Board member (per proxy) bio: Director | DEF 14A, 2026-04-08 |
| Lloyd W. Helms, Jr. | Board member (per proxy) bio: Director | DEF 14A, 2026-04-08 |
| Morris R. Clark | Board member (per proxy) bio: Director | DEF 14A, 2026-04-08 |
What SM Energy Co does
We are an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in Texas, Utah, and following the closing of the Civitas Merger on January 30, 2026, Colorado and New Mexico. SM Energy was founded in 1908, incorporated in Delaware in 1915, and our initial public offering of common stock was in 1992. Our common stock trades on the New York Stock Exchange under the ticker symbol “SM.”
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 235.0 million (as of October 22, 2026) | 10-Q, November 4, 2026 |
|---|---|---|
| Public float | $2.0B (as of June 30, 2025) | 10-K, February 26, 2026 |
| Reportable segments | 1 (period ending September 30, 2026) | 10-Q, November 4, 2026 |
| Latest proxy statement | Meeting December 31, 2025 (filed April 8, 2026) | DEF 14A, April 8, 2026 |
| Auditor | Ernst & Young LLP (Denver, Colorado) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| September 10, 2026 | Ashwin Venkatraman Director | Sale | 3,650 | $140K | Form 4, September 11, 2026 |
| August 21, 2026 | James Barker Lebeck EVP, GC & Corp Secretary | Sale | 17,500 | $648K | Form 4, August 24, 2026 |
| May 21, 2026 | Ramiro G. Peru Director | Sale | 24,553 | $834K | Form 4, May 22, 2026 |
Recent 8-K events
- 8-K filed 2026-11-03
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-10-14
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-04
- Item 1.02 Termination of a material definitive agreement
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- Item 7.01 Regulation FD disclosure
- 8-K filed 2026-07-16
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-01
- Item 1.02 Termination of a material definitive agreement
- 8-K filed 2026-05-22
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-05-12
- Item 1.02 Termination of a material definitive agreement
- 8-K filed 2026-05-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-04-30
- Item 2.01 Completion of acquisition or disposition of assets
- Item 7.01 Regulation FD disclosure
Frequently asked questions about SM Energy Co
- What does SM Energy Co do?
- In its own words, from Item 1 of its 10-K: "We are an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in Texas, Utah, and following the closing of the Civitas Merger on January 30, 2026, Colorado and New Mexico. SM Energy was founded in 1908, incorporated in Delaware in 1915, and our initial public offering of common stock was in 1992. Our common stock trades on the New York Stock Exchange under the ticker symbol “SM.”"
- What is SM Energy Co's revenue?
- $3.2B for the fiscal year ending December 31, 2025, from its 10-K filed February 26, 2026.
- Is SM Energy Co profitable?
- SM Energy Co reported net income of $648M for the fiscal year ending December 31, 2025.
- How many employees does SM Energy Co have?
- About 1,241 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of SM Energy Co?
- Elizabeth Anne McDonald, President & CEO, as named in a 4 filed July 24, 2026.
- Who is the CFO of SM Energy Co?
- A. Wade Pursell, EVP & CFO, as named in a 4 filed August 24, 2026.
- Where is SM Energy Co headquartered?
- Denver, CO.
- What is SM Energy Co's stock ticker?
- SM on NYSE.
- What industry is SM Energy Co in?
- Crude Petroleum & Natural Gas, SIC code 1311.
- What is SM Energy Co's website?
- sm-energy.com.
- When does SM Energy Co report earnings next?
- January 13, 2027. Source: estimate_8k_pattern.
- Is SM Energy Co a public company?
- Yes. SM Energy Co files with the SEC under CIK 0000893538 and trades as SM.
- Who audits SM Energy Co?
- Ernst & Young LLP, Denver, Colorado, as named in its latest annual report (10-K).
- How many shares of SM Energy Co are outstanding?
- 235.0 million shares as of October 22, 2026, from its 10-Q filed November 4, 2026.
- What is SM Energy Co's public float?
- $2.0B as of June 30, 2025, as reported on the cover of its 10-K filed February 26, 2026.
- How many business segments does SM Energy Co report?
- 1 reportable segment for the period ending September 30, 2026, from its 10-Q filed November 4, 2026.
- When is SM Energy Co's annual shareholder meeting?
- December 31, 2025, per its proxy statement (DEF 14A) filed April 8, 2026.
- Have SM Energy Co insiders traded stock recently?
- Since May 21, 2026, officers and directors reported 3 open-market sales worth about $1.6M and 0 purchases on Forms 4 and 5. The most recent: Ashwin Venkatraman (Director) sold 3,650 shares on September 10, 2026.