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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

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearShares, fourth quarterChange
FY2025115M−0%
FY2024115M−1%
FY2023116.5M−6%
FY2022123.6M−2%
FY2021126.1M+10%
FY2020114.5M+1%
FY2019112.8M−0%
FY2018113.2M+1%
FY2017111.6M+22%
FY201691.4M+35%
FY201568M+1%
FY201467.4M−1%
FY201368.1M+3%
FY201266.1M+3%
FY201164M−1%

Each fiscal year is the twelve months to its fourth quarter, shown as the fourth quarter's average share count.

Quarter by quarter

QuarterEndedShares outstandingOn a year earlier
Q2 FY26240M+109%
Q1 FY26199M+73%
Q4 FY25115M−0%
Q3 FY25115.2M+0%
Q2 FY25114.8M−1%
Q1 FY25114.9M−1%
Q4 FY24115M−1%
Q3 FY24115M−3%
Q2 FY24115.7M−4%
Q1 FY24116.5M−5%
Q4 FY23116.5M−6%
Q3 FY23118.3M−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.