SM Energy Quarterly Balance Sheet
NYSE: SMEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Pre-market: 37.14 +0.38%
SM Energy financial position
As of Jun 30, 2026, SM Energy reported total assets of $18.86 billion, up 109.7% from a year earlier against total liabilities of $11.04 billion. Shareholders' equity stood at $7.81 billion, or 41.4% of assets. The company held $620.0 million in cash and equivalents against $6.62 billion of debt, a net debt position of $6.00 billion.
The current ratio (current assets divided by current liabilities) was 0.62, meaning short-term obligations exceed short-term assets. Debt-to-equity was 0.85.
Summary generated from market data by MetaCap's automated system. Methodology
SM Energy balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 620.00M | 449.00M | 368.00M | 162.25M | 101.88M | 54.00K | 0 | 1.74B | 487.87M | 506.25M | 616.16M | 401.98M |
| Receivables | 989.00M | 915.00M | 331.00M | 367.69M | 364.30M | 382.95M | 361.00M | 226.60M | 239.09M | 241.73M | 231.16M | 264.51M |
| Total Current Assets | 1.90B | 1.67B | 811.00M | 632.96M | 575.09M | 471.82M | 435.00M | 2.04B | 774.23M | 793.04M | 916.44M | 702.55M |
| Property, Plant & Equipment | 16.55B | 17.10B | 8.20B | 8.26B | 8.26B | 8.16B | 7.99B | 5.75B | 5.66B | 5.51B | 5.38B | 5.29B |
| Total Assets | 18.86B | 19.14B | 9.25B | 9.09B | 8.99B | 8.79B | 8.58B | 8.03B | 6.66B | 6.40B | 6.38B | 6.08B |
| Accounts Payable | 2.37B | 2.22B | 77.00M | 674.16M | 794.00M | 764.77M | 83.00M | 560.84M | 563.76M | 496.36M | 107.31M | 540.46M |
| Total Current Liabilities | 3.09B | 4.28B | 1.17B | 1.14B | 837.95M | 822.72M | 790.00M | 581.10M | 601.78M | 536.08M | 633.81M | 599.08M |
| Long-Term Debt | 6.62B | 6.74B | 2.30B | 2.29B | 2.71B | 2.71B | 2.71B | 2.71B | 1.58B | 1.58B | 1.58B | 1.57B |
| Total Liabilities | 11.04B | 12.28B | 4.44B | 4.38B | 4.40B | 4.38B | 4.34B | 3.97B | 2.81B | 2.70B | 2.76B | 2.67B |
| Shareholders' Equity | 7.81B | 6.87B | 4.81B | 4.71B | 4.59B | 4.40B | 4.24B | 4.06B | 3.84B | 3.70B | 3.62B | 3.40B |
| Retained Earnings | 3.92B | 2.90B | 3.29B | 3.21B | 3.07B | 2.89B | 2.73B | 2.57B | 2.35B | 2.16B | 2.05B | 1.83B |
| Total Debt | 6.62B | 6.74B | 2.30B | 2.29B | 2.71B | 2.71B | 2.71B | 2.71B | 1.58B | 1.58B | 1.58B | 1.57B |
| Net Cash (Debt) | -6.00B | -6.29B | -1.93B | -2.13B | -2.61B | -2.71B | -2.71B | -971.39M | -1.09B | -1.07B | -959.17M | -1.17B |
| Shares Outstanding | 237.49M | 239.70M | 114.63M | 114.55M | 114.63M | 114.46M | 114.46M | 114.42M | 114.07M | 115.04M | 115.75M | 116.31M |
This table shows 12 quarterly periods of SM Energy's balance sheet, from Q2 2026 back to Q3 2023, across 15 line items including cash & equivalents, receivables, total current assets. Values in USD; B = billions, M = millions. Fiscal periods follow SM's reporting calendar. What is a balance sheet?