SM Energy (SM) Shares Outstanding (Entity) (2009 - 2026)
SM Energy (SM) reported Shares Outstanding (Entity) of 237.49 million for Q2 2026, up 107.2% from 114.63 million a year earlier and up 19.3% from the prior quarter.
SM Energy (SM) Shares Outstanding (Entity) (2009 - 2026) Analysis & Trends
For FY2025, SM Energy posted Shares Outstanding (Entity) of 114.63 million, up 0.1% from FY2024.
- Shares Outstanding (Entity) has a five-year compound annual growth rate of 0.0% (FY2020 to FY2025).
- By year, Shares Outstanding (Entity) came in at 114.46 million in FY2024 (-1.1%), 115.75 million in FY2023 (-5.1%), 121.93 million in FY2022 (+0.1%) and 121.86 million in FY2021 (+6.2%).
- The Q2 2026 figure ranks as the highest quarterly Shares Outstanding (Entity) in data going back to Q2 2009.
- Year over year, Shares Outstanding (Entity) has now increased in each of the last five quarters, with growth averaging 22.3% over the last eight quarters.
- The high point for year-over-year Shares Outstanding (Entity) in five years was Q2 2026 (growth of 107.2%); the low point was Q3 2023 (a decline of 5.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 199 million (Q1 2026), 114.63 million (Q4 2025) and 114.55 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn | - |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn | 1.98 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn | 1.20 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn | 399.02 Mn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - | - |
| 10 | SM Energy | 8.03 Bn | 6.43 Bn | 1.94 Bn | 237.49 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 237.49 Mn |
| Mar 31, 2026 | 199.00 Mn |
| Dec 31, 2025 | 114.63 Mn |
| Sep 30, 2025 | 114.55 Mn |
| Jun 30, 2025 | 114.63 Mn |
| Mar 31, 2025 | 114.46 Mn |
| Dec 31, 2024 | 114.46 Mn |
| Sep 30, 2024 | 114.42 Mn |
| Jun 30, 2024 | 114.07 Mn |
| Mar 31, 2024 | 115.04 Mn |
| Dec 31, 2023 | 115.75 Mn |
| Sep 30, 2023 | 116.31 Mn |
| Jun 30, 2023 | 118.11 Mn |
| Mar 31, 2023 | 120.52 Mn |
| Dec 31, 2022 | 121.93 Mn |
| Sep 30, 2022 | 122.80 Mn |
| Jun 30, 2022 | 121.96 Mn |
| Mar 31, 2022 | 121.86 Mn |
| Dec 31, 2021 | 121.86 Mn |
| Sep 30, 2021 | 121.47 Mn |
SM Energy Shares Outstanding (Entity) 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-entity&ticker=SM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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-entity&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();