SM Energy (SM) Shares Outstanding (Diluted Average) (2009 - 2026)

SM Energy (SM) reported Shares Outstanding (Diluted Average) of $199.0 million for Q1 2026, up 73.04% year-over-year from $115.0 million in Q1 2025, and up 73.04% quarter-over-quarter from $115.0 million in Q4 2025.

SM Energy (SM) Shares Outstanding (Diluted Average) (2009 - 2026) Analysis & Trends

SM Energy (SM) has 18 years of Shares Outstanding (Diluted Average) data on file, last reported at $199.0 million in Q1 2026.

  • Shares Outstanding (Diluted Average) for Q1 2026 came in at $199.0 million, up 73.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $199.0 million (up 73.04% YoY), and the FY2025 annual result was $115.0 million, down 0.86% from the prior year.
  • Shares Outstanding (Diluted Average) advanced to $199.0 million in Q1 2026 per SM's latest filing, from $115.0 million in the prior quarter.
  • Over five years, Shares Outstanding (Diluted Average) peaked at $199.0 million in Q1 2026 and troughed at $114.9 million in Q2 2025.
  • A 5-year average of $123.7 million and a median of $119.0 million in 2023 frame the typical range for Shares Outstanding (Diluted Average).
  • The sharpest annual moves came in 2024 and 2026: Shares Outstanding (Diluted Average) declined 4.77% in 2024, then soared 73.04% in 2026.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $124.1 million in 2022, then fell by 4.1% to $119.0 million in 2023, then declined by 2.52% to $116.0 million in 2024, then declined by 0.86% to $115.0 million in 2025, then soared by 73.04% to $199.0 million in 2026.
  • Business Quant data shows SM's Shares Outstanding (Diluted Average) at $199.0 million in Q1 2026, $115.0 million in Q4 2025, and $115.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Woodside Energy 630.08 Bn 624.14 Bn - -
2 Canadian Natural Resources 388.31 Bn 388.31 Bn 6.72 Bn -
3 Conocophillips 142.98 Bn 136.61 Bn 9.48 Bn 1.23 Bn
4 Eog Resources 72.93 Bn 69.08 Bn - 535.00 Mn
5 Occidental Petroleum 55.91 Bn 52.73 Bn 4.87 Bn -
6 Diamondback Energy 54.95 Bn 61.11 Bn 4.22 Bn 282.79 Mn
7 Vista Energy, S.A.B. de C.V 35.18 Bn 34.56 Bn 472.36 Mn 977.00
8 Eqt 32.94 Bn 36.28 Bn 2.98 Bn 629.21 Mn
9 Vermilion Energy 31.24 Bn 31.05 Bn 370.10 Mn 113.40 Mn
10 SM Energy 6.19 Bn 5.54 Bn 1.05 Bn 199.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 199.00 Mn
Dec 31, 2025 115.00 Mn
Sep 30, 2025 115.23 Mn
Jun 30, 2025 114.88 Mn
Mar 31, 2025 115.00 Mn
Dec 31, 2024 116.00 Mn
Sep 30, 2024 115.70 Mn
Jun 30, 2024 116.09 Mn
Mar 31, 2024 116.46 Mn
Dec 31, 2023 119.00 Mn
Sep 30, 2023 120.17 Mn
Jun 30, 2023 121.18 Mn
Mar 31, 2023 122.29 Mn
Dec 31, 2022 124.08 Mn
Sep 30, 2022 124.23 Mn
Jun 30, 2022 124.27 Mn
Mar 31, 2022 124.18 Mn
Dec 31, 2021 123.69 Mn
Sep 30, 2021 118.22 Mn
Jun 30, 2021 116.57 Mn