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SM Energy SM Debt Issuance Proceeds

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Other financials

Income statement

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Revenue$2.5B+215%
Gross profit$1.9B+242%
Operating income$1.5B+407%
Net income$1.1B+430%
EPS (diluted)$4.46+153%

Balance sheet

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Cash & equivalents$620.0M+509%
Total debt$138.0M+111%
Total equity$7.8B+70.2%
Total assets$18.9B+110%

Cash flow

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Operating cash flow$1.1B+93.2%
CapEx$12.8M
Free cash flow$500.6M+43.7%

Valuation

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Market cap$6.96B+126%
P/E+3.2×
P/S1.3×+0.3×

Profitability

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Gross margin74.2%+0.1pp
Operating margin29.6%-8.3pp
Net margin18.2%-7.7pp
FCF margin50.1%+2.8pp

Returns & leverage

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Return on equity16.1%-3.1pp
Debt / equity0.0×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by SM Energy in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromLinesOfCredit.

The source filing: SM Energy’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:55 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000893538-26-000121
Line itemFor the Six Months Ended June 30, 2026For the Six Months Ended June 30, 2025
Other(24)(15)
Net cash used in investing activities(485)(839)
Cash flows from financing activities:
Proceeds from revolving credit facility3411,385
Repayment of revolving credit facility(341)(1,453)
Net proceeds from Senior Notes984
Cash paid to repurchase Senior Notes(1,743)
Repurchase of common stock(87)(1)

Item 1. Financial Statements (unaudited)

FAQ

What is SM Energy's debt issuance proceeds?
SM Energy (SM) reported debt issuance proceeds of $326M in Q2 2026.
How has SM Energy's debt issuance proceeds changed year-over-year?
SM Energy's debt issuance proceeds decreased by 38.3% year-over-year, from $528M to $326M.
What is the long-term trend for SM Energy's debt issuance proceeds?
Over 3 years (2021 to 2025), SM Energy's debt issuance proceeds has grown at a -5.0% compound annual growth rate (CAGR), from $1.83B to $1.57B.
What does debt issuance proceeds mean?
Cash received from issuing bonds, notes, term loans, and other debt instruments in the capital markets or from bank lending.

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