SM Energy (SM) revenue breakdown
By product, Crude Oil is the largest at 82% of fiscal 2025 revenue, growing 17% a year over 9 years.
By region, Midland Basin is the largest at 44% of fiscal 2025 revenue; Uinta Basin grew fastest, 329% a year over 1 years.
Revenue by product
Fiscal years, as SM Energy reports them in its 10-K filings; fiscal 2025 total $3.1B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Crude Oil | $612M | $654M | $1.1B | $1.2B | $854M | $1.9B | $2.3B | $1.8B | $2.2B | $2.6B | 82% |
| Natural Gas | $337M | $369M | $354M | $263M | $187M | $525M | $791M | $328M | $249M | $353M | 11% |
| Natural Gas Liquids (NGL) | $229M | $230M | $216M | $140M | $85M | $181M | $285M | $222M | $235M | $224M | 7% |
Revenue by region
Fiscal years, as SM Energy reports them in its 10-K filings; fiscal 2025 total $3.1B.
| Regions | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Midland Basin | $135M | $482M | $1.1B | $1.2B | $880M | $2.0B | $2.3B | $1.5B | $1.6B | $1.4B | 44% |
| South Texas | $724M | $610M | $515M | $390M | $247M | $570M | $1.1B | $840M | $900M | $891M | 28% |
| Uinta Basin | — | — | — | — | — | — | — | — | $204M | $875M | 28% |
| Rocky Mountain | $320M | $161M | — | — | — | — | — | — | — | — | — |
| Rocky Mountain | — | — | $57M | — | — | — | — | — | — | — | — |
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In fiscal 2025, by product: Crude Oil $2.6B, Natural Gas $353M, Natural Gas Liquids (NGL) $224M.
From SM Energy's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.