SM Energy shares outstanding SM
Diluted shares outstanding, averaged over each quarter, from 2009.
- Latest quarter, to Jun 30, 2026
- 240M
- On a year earlier
- +109.1%
- more shares
SM Energy had 240M diluted shares outstanding on average in Q2 FY26, the quarter to Jun 30, 2026.
That is 109.1% more than a year earlier, so each share owns a little less of the company.
Shares outstanding over time
Fiscal year by fiscal year
| Fiscal year | Shares, fourth quarter | Change |
|---|---|---|
| FY2025 | 115M | −0% |
| FY2024 | 115M | −1% |
| FY2023 | 116.5M | −6% |
| FY2022 | 123.6M | −2% |
| FY2021 | 126.1M | +10% |
| FY2020 | 114.5M | +1% |
| FY2019 | 112.8M | −0% |
| FY2018 | 113.2M | +1% |
| FY2017 | 111.6M | +22% |
| FY2016 | 91.4M | +35% |
| FY2015 | 68M | +1% |
| FY2014 | 67.4M | −1% |
| FY2013 | 68.1M | +3% |
| FY2012 | 66.1M | +3% |
| FY2011 | 64M | −1% |
Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.
Quarter by quarter
| Quarter | Ended | Shares outstanding | On a year earlier |
|---|---|---|---|
| Q2 FY26 | 240M | +109% | |
| Q1 FY26 | 199M | +73% | |
| Q4 FY25 | 115M | −0% | |
| Q3 FY25 | 115.2M | +0% | |
| Q2 FY25 | 114.8M | −1% | |
| Q1 FY25 | 114.9M | −1% | |
| Q4 FY24 | 115M | −1% | |
| Q3 FY24 | 115M | −3% | |
| Q2 FY24 | 115.7M | −4% | |
| Q1 FY24 | 116.5M | −5% | |
| Q4 FY23 | 116.5M | −6% | |
| Q3 FY23 | 118.3M | −5% |
What the shares outstanding tells you
Diluted shares outstanding, averaged over the period. Fewer shares means each one owns more of the company.
A falling count usually means buybacks. A rising one means stock pay, acquisitions paid in shares or new shares sold.
More on SM Energy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.