| SM Energy is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. Co.'s operations are concentrated in the Midland Basin and South Texas. We show 48 historical shares outstanding datapoints in our coverage of SM's shares outstanding history.|
Understanding the changing numbers of SM shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SM versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching SM by allowing them to research SM shares outstanding history
as well as any other stock in our coverage universe.