SM Energy
At a glance
SM Energy reported 2025 revenue of $3.15B, up 17.2% from $2.69B in 2024. Over 4 years since 2021 ($2.62B), that is growth of about 4.7% a year. Operating margin was 31.7%, up from 8% in 2021. Revenue peaked in 2022 at $3.36B.
In the last 12 months 3 insiders reported 0 open-market purchases and 3 sales ($1.6M). None of the sales were flagged as 10b5-1 plan trades. The largest was a sale of $834K by Director Ramiro G Peru on May 22, 2026.
SM Energy filed 27 current reports (Form 8-K) in the last 12 months, most often for results of operations (7), regulation fd disclosure (4), material agreement (4) and agreement terminated (3). The latest officer or director change was reported on May 22, 2026. It reported a material agreement or a completed acquisition or disposal 5 times.
1 of the 20 investors tracked here held SM Energy at the last quarter end, worth $6.9M combined. It is the largest weight for Bridgewater Associates (0% of its portfolio). New this quarter: Bridgewater Associates.
Annual results
| Year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net income | $36M | $1.11B | $818M | $770M | $648M |
| Diluted EPS | $0.29 | $8.96 | $6.86 | $6.67 | $5.64 |
| Dividend per share | $0.02 | $0.31 | $0.63 | $0.76 | $0.80 |
Fiscal year ends Dec 31 · incorporated in DE
Tracked investors holding (13F)
Weight is the share of each investor's portfolio, as of the quarter end.
Current reports (8-K, last 12 months)
Insider open-market trades (last 12 months)
Source: SEC EDGAR. How figures are combined