SM Energy Company (SM) Q3 2026 earnings results

SM Energy Company (SM) reported Q3 2026 results on Nov 3, 2026, 4:11:39 PM ET: adjusted EPS $1.95 vs. $1.98 expected (miss by 1.5%); revenue $2.16B vs. $2.05B expected (beat by 5.6%). Outlook: Full-year 2026 capital expenditures are expected to be approximately $2.75 billion.

MetricReportedAnalyst estimateResult
EPS (adjusted, diluted)$1.95$1.98Miss by 1.5%
Revenue$2.16B$2.05BBeat by 5.6%

Analyst estimate: the average forecast before the release.

Source

Figures from the SEC 8-K filing, released Nov 3, 2026, 4:11:39 PM ET. Nexqual published them 43 seconds after release. Each figure is confirmed by two independent extraction methods before it is published.

Year over year

Compared with the same quarter a year earlier (ended September 30, 2025, from the company's SEC filing): revenue grew 166.0% from $812.00M.

Stock reaction

The results came out after the market closed. SM closed at $31.06 on November 4, 2026, down 15.3% from its $36.67 close on November 3, 2026 before the results. Latest: $29.46 as of 11:53 AM ET, −19.7% since the pre-release close.

Questions and answers

Did SM Energy Company beat earnings expectations?

No. SM Energy Company reported adjusted EPS of $1.95 against an average analyst estimate of $1.98 (miss by 1.5%), and revenue of $2.16B against $2.05B expected (beat by 5.6%).

What were SM Energy Company's Q3 2026 earnings and revenue?

adjusted diluted EPS of $1.95 and revenue of $2.16B. Compared with the same quarter a year earlier (ended September 30, 2025, from the company's SEC filing): revenue grew 166.0% from $812.00M.

When did SM Energy Company report Q3 2026 earnings?

Nov 3, 2026, 4:11:39 PM ET, in an SEC 8-K filing (Item 2.02).

How did SM stock react to the earnings?

The results came out after the market closed. SM closed at $31.06 on November 4, 2026, down 15.3% from its $36.67 close on November 3, 2026 before the results. Latest: $29.46 as of 11:53 AM ET, −19.7% since the pre-release close.

What did SM Energy Company say about its outlook?

Full-year 2026 capital expenditures are expected to be approximately $2.75 billion.

More on SM

SM stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. All results reported that day: earnings November 3, 2026.

Source: SEC EDGAR 8-K (Item 2.02), Nexqual Earnings Flash. Built November 10, 2026 at 16:53 UTC. Not investment advice.

Data source: Nexqual. Last updated: November 10, 2026 at 16:53 UTC. This page is informational and not investment advice.

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