SM Energy (SM) Shares Outstanding (2009 - 2026)
SM Energy (SM) reported Weighted Average Shares Outstanding of 237 million for Q3 2026, up 106.4% from 114.83 million a year earlier but down 0.8% from the prior quarter.
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Analysis
SM Energy (SM) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, SM Energy posted Weighted Average Shares Outstanding of 115 million, up 0.2% from FY2024.
- Weighted Average Shares Outstanding has a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- By year, Weighted Average Shares Outstanding came in at 114.76 million in FY2024 (-3.3%), 118.68 million in FY2023 (-3.0%), 122.35 million in FY2022 (+2.8%) and 119.04 million in FY2021 (+4.7%).
- Five-year quarterly Weighted Average Shares Outstanding spans a low of 114.41 million in Q3 2024 and a high of 239 million in Q2 2026.
- Year over year, Weighted Average Shares Outstanding has now increased in each of the last five quarters, with growth averaging 35.6% over the last eight quarters.
- The high point for year-over-year Weighted Average Shares Outstanding in five years was Q2 2026 (growth of 108.7%); the low point was Q1 2024 (a decline of 5.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at 239 million (Q2 2026), 199 million (Q1 2026) and 115 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 4.14 Bn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | 5.89 Bn |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 1.96 Bn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 2.19 Bn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | 3.02 Bn |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 1.20 Bn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 2.59 Bn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | 2.09 Bn |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | 397.01 Mn |
| 10 | SM Energy | 7.71 Bn | 5.83 Bn | 1.60 Bn | 237.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 237.00 Mn |
| Jun 30, 2026 | 239.00 Mn |
| Mar 31, 2026 | 199.00 Mn |
| Dec 31, 2025 | 115.00 Mn |
| Sep 30, 2025 | 114.83 Mn |
| Jun 30, 2025 | 114.52 Mn |
| Mar 31, 2025 | 114.52 Mn |
| Dec 31, 2024 | 114.76 Mn |
| Sep 30, 2024 | 114.41 Mn |
| Jun 30, 2024 | 114.63 Mn |
| Mar 31, 2024 | 115.64 Mn |
| Dec 31, 2023 | 118.68 Mn |
| Sep 30, 2023 | 117.82 Mn |
| Jun 30, 2023 | 119.41 Mn |
| Mar 31, 2023 | 121.67 Mn |
| Dec 31, 2022 | 122.35 Mn |
| Sep 30, 2022 | 123.20 Mn |
| Jun 30, 2022 | 121.91 Mn |
| Mar 31, 2022 | 121.91 Mn |
| Dec 31, 2021 | 119.04 Mn |
API Access
SM Energy Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=SM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "SM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();