How does SM's PE Ratio compare to its peers?

SM is good value based on its Price-To-Earnings Ratio (6x) compared to the peer average (10.7x).

How does SM's PE Ratio compare vs other companies in the US Oil and Gas Industry?

SM is good value based on its Price-To-Earnings Ratio (6x) compared to the US Oil and Gas industry average (11.3x).

What is SM's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SM is good value based on its Price-To-Earnings Ratio (6x) compared to the estimated Fair Price-To-Earnings Ratio (11.4x).

What is the Fair Price of SM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

SM ($43.33) is trading below our estimate of [[fair value]] ($102.93)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

SM Energy (NYSE:SM) - Stock Price, News & Analysis

SM Stock Overview

An independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. More details

SM fundamental analysis
Snowflake Score
Valuation	6/6
Future Growth	2/6
Past Performance	3/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 57.9% below our estimate of its fair value

Earnings are forecast to grow 6% per year

Pays a reliable dividend of 1.85%

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 21.5%

Risk Analysis

SM passed our risk checks.

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WarrenAI

Based on Analyst Price Targets

Uinta Acquisitions Fuel Growth And Earnings Potential With Innovative Oil Production

Key Takeaways Uinta acquisitions have expanded core acreage, boosting oil production and potential future earnings. Focus on debt reduction and operational efficiency suggests potential for improved EPS and stronger financial health.

View narrative

US$52.29

17.1% undervalued

19.04%

Revenue growth p.a.

4 days ago

SM Energy Company Competitors

California Resources

NYSE:CRC

US$5.2b

Magnolia Oil & Gas

NYSE:MGY

US$5.3b

Murphy Oil

NYSE:MUR

US$4.7b

Black Stone Minerals

NYSE:BSM

US$3.2b

Price History & Performance

Summary of all time highs, changes and price drops for SM Energy
Historical stock prices
Current Share Price	US$43.33
52 Week High	US$53.26
52 Week Low	US$34.13
Beta	4.19
11 Month Change	1.12%
3 Month Change	-1.88%
1 Year Change	13.97%
33 Year Change	42.53%
5 Year Change	383.59%
Change since IPO	1,475.64%

SM Energy Company (NYSE:SM) Looks Inexpensive But Perhaps Not Attractive Enough

Oct 19

Recent updates

SM Energy Company (NYSE:SM) Looks Inexpensive But Perhaps Not Attractive Enough

Oct 19

SM Energy: Production Should Be Close To 200,000 BOEPD After Uinta Basin Deals (Rating Upgrade)

Sep 20

Shareholder Returns

	SM	US Oil and Gas	US Market
7D	-1.6%	0.4%	-2.1%
1Y	14.0%	13.9%	29.6%

Return vs Industry: SM matched the US Oil and Gas industry which returned 13.9% over the past year.

Return vs Market: SM underperformed the US Market which returned 29.6% over the past year.

Price Volatility

Is SM's price volatile compared to industry and market?
SM volatility
SM Average Weekly Movement	5.7%
Oil and Gas Industry Average Movement	5.3%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.5%
10% least volatile stocks in US Market	3.1%

Stable Share Price: SM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: SM's weekly volatility (6%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1908	544	Herb Vogel	sm-energy.com

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. It has working interests in oil and gas producing wells in the Midland Basin and South Texas. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010.

SM Energy Company Fundamentals Summary

How do SM Energy's earnings and revenue compare to its market cap?
SM fundamental statistics
Market cap	US$4.96b
Earnings (TTM)	US$829.13m
Revenue (TTM)	US$2.34b

6.0x

P/E Ratio

2.1x

P/S Ratio

Is SM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SM income statement (TTM)
Revenue	US$2.34b
Cost of Revenue	US$409.52m
Gross Profit	US$1.93b
Other Expenses	US$1.10b
Earnings	US$829.13m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	7.25
Gross Margin	82.48%
Net Profit Margin	35.47%
Debt/Equity Ratio	66.6%

How did SM perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

10%

Payout Ratio

SM Stock Overview

Rewards

Risk Analysis

Uinta Acquisitions Fuel Growth And Earnings Potential With Innovative Oil Production

SM Energy Company Competitors

NYSE:CRC

US$5.2b

NYSE:MGY

US$5.3b

NYSE:MUR

US$4.7b

NYSE:BSM

US$3.2b

Price History & Performance

Recent News & Updates

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

SM Energy Company Provides Production Guidance for the Fourth Quarter of 2024 and Updates Production Guidance for the Full Year 2024

SM Energy Company (NYSE:SM) Looks Inexpensive But Perhaps Not Attractive Enough

Upcoming dividend of US$0.20 per share

SM Energy Company to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 16%

Recent updates

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

SM Energy Company Provides Production Guidance for the Fourth Quarter of 2024 and Updates Production Guidance for the Full Year 2024

SM Energy Company (NYSE:SM) Looks Inexpensive But Perhaps Not Attractive Enough

Upcoming dividend of US$0.20 per share

SM Energy Company to Report Q3, 2024 Results on Oct 31, 2024

Investor sentiment improves as stock rises 16%

Northern Oil and Gas, Inc. (NYSE:NOG) and SM Energy Company (NYSE:SM) completed the acquisition of Additional Uinta Basin Assets of Altamont Energy LLC.

SM Energy Company (NYSE:SM) and Northern Oil and Gas, Inc. (NYSE:NOG) completed the acquisition of Uinta Basin oil and gas assets from XCL AssetCo, LLC, XCL Marketing, LLC, Wasatch Water Logistics, LLC, XCL SandCo, LLC and XCL Resources, LLC.

Second quarter dividend of US$0.20 announced

SM Energy: Production Should Be Close To 200,000 BOEPD After Uinta Basin Deals (Rating Upgrade)

SM Energy: Robust E&P Companies Better Than Outright WTI In Today's Environment

SM Energy Company Appoints Beth McDonald as Its New Executive Vice President and Chief Operating Officer

SM Energy Company Appoints Beth McDonald as Its New Executive Vice President and Chief Operating Officer

Independent Director recently sold US$455k worth of stock

Independent Director notifies of intention to sell stock

SM Energy Company Updates Production Guidance for the Full Year 2024

SM Energy: Pivot From The Permian

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Investor sentiment deteriorates as stock falls 16%

SM Energy Company to Report Q2, 2024 Results on Aug 07, 2024

SM Energy: Power Up The Oil And Gas Industry

Upcoming dividend of US$0.18 per share

President exercised options and sold US$1.1m worth of stock

We Like These Underlying Return On Capital Trends At SM Energy (NYSE:SM)

SM Energy Company (NYSE:SM) and Northern Oil and Gas, Inc. (NYSE:NOG) entered into an agreement to acquire the Uinta Basin oil and gas assets of XCL Resources, LLC for $2.6 billion.

SM Energy Company (NYSE:SM) announces an Equity Buyback for $500 million worth of its shares.

First quarter dividend of US$0.18 announced

SM Energy Company Approves Cash Dividend, Payable on August 5, 2024

Is SM Energy (NYSE:SM) A Risky Investment?

Independent Director recently sold US$3.0m worth of stock

Independent Director notifies of intention to sell stock

SM Energy's Capital Efficiency Creates An Attractive Opportunity

First quarter 2024 earnings: EPS misses analyst expectations

SM Energy Company Provides Production Guidance for the Second Quarter and Full Year 2024

There Is A Reason SM Energy Company's (NYSE:SM) Price Is Undemanding

Price target increased by 8.1% to US$57.93

SM Energy Company to Report Q1, 2024 Results on May 02, 2024

Price target increased by 7.1% to US$55.00

Upcoming dividend of US$0.18 per share

SM Energy Company, Annual General Meeting, May 23, 2024

Fourth quarter dividend of US$0.18 announced

SM Energy Company Declares Quarterly Cash Dividend, Payable on May 3, 2024

The Return Trends At SM Energy (NYSE:SM) Look Promising

Senior Vice President of Exploration recently sold US$1.9m worth of stock

Senior Vice President of Exploration notifies of intention to sell stock

SM Energy: Reviewing Its Outlook For 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Sm Energy Company Provides Production Guidance for Full Year 2024

These 4 Measures Indicate That SM Energy (NYSE:SM) Is Using Debt Extensively

SM Energy Company to Report Q4, 2023 Results on Feb 21, 2024

Are Investors Undervaluing SM Energy Company (NYSE:SM) By 41%?

Upcoming dividend of US$0.18 per share at 1.9% yield

SM Energy (NYSE:SM) Will Pay A Larger Dividend Than Last Year At $0.18

SM Energy Company Declares Quarterly Cash Dividend, Payable on February 5, 2024

SM Energy: Strong Free Cash Flow At An Attractive Valuation

Little Excitement Around SM Energy Company's (NYSE:SM) Earnings

New major risk - Revenue and earnings growth

Insufficient new directors