SM Energy Company

NYSE:SM Stock Report

Market Cap: US$7.5b

SM Energy Management

Management criteria checks 1/4

SM Energy's CEO is Beth McDonald, appointed in Sep 2025, has a tenure of less than a year. total yearly compensation is $4.48M, comprised of 12.9% salary and 87.1% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth $169.96K. The average tenure of the management team and the board of directors is 1.1 years and 0.3 years respectively.

Key information

Beth McDonald

Chief executive officer

US$4.5m

Total compensation

CEO salary percentage12.88%
CEO tenureless than a year
CEO ownership0.002%
Management average tenure1.1yrs
Board average tenureless than a year

Recent management updates

Recent updates

SM Energy: Strong Buying Trends Since February Merger Should Continue

Apr 29

SM: Civitas Merger And New CEO Will Drive Future Upside

Analysts have adjusted their price target for SM Energy slightly higher, to approximately $55.27 from about $55.01, reflecting updated assumptions around revenue growth, profit margins, and future P/E multiples. What's in the News Civitas Resources Inc.

SM: Civitas Merger And New CEO Will Shape Future Upside

Analysts have raised their price target on SM Energy from $48.00 to about $55.01, citing updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E expectations. What's in the News SM Energy completed a $12.8b merger with Civitas Resources, creating a combined oil and gas producer operating in Utah, Texas and Colorado's Denver Julesburg Basin.

SM: Post Merger Profit Margin Assumptions Will Pressure Future Share Performance

Analysts have raised their fair value estimate for SM Energy from $19.00 to $22.00, citing updated assumptions for profit margin, discount rate, revenue growth, and future P/E as key drivers of the new price target. What's in the News Civitas Resources Inc.

SM: Merger Integration And Production Outlook Will Shape Future Shareholder Upside

Analysts have trimmed their price target on SM Energy to $28.82 from $31.42, citing updated assumptions that reflect a lower discount rate, adjusted revenue growth expectations, higher projected profit margins, and a higher future P/E multiple. What's in the News SM Energy completed its merger with Civitas Resources in a transaction valued at $12.8b, with the combined company operating oil and natural gas assets in Utah, Texas and Colorado's Denver Julesburg Basin, and continuing to trade on the NYSE under the SM ticker (Executive Changes: CEO).

SM: Merger Synergies And Margin Pressure Will Constrain Future Share Performance

Analysts have adjusted their price target on SM Energy from $27.00 to $19.00, reflecting updated views on the company’s growth outlook, margin profile, and future P/E assumptions. What's in the News SM Energy closed a $12.8b merger with Civitas Resources Inc.

SM: Civitas Merger And New Leadership Will Drive Future Upside

Analysts have adjusted their price target on SM Energy to reflect an unchanged fair value estimate of $48.00, together with updated assumptions for discount rate, revenue growth, profit margin, and future P/E that indicate a different mix of risk and earnings than before. What's in the News SM Energy completed a $12.8b merger with Civitas Resources on January 30, 2026, creating a combined oil and gas producer operating in Utah, Texas and Colorado's Denver Julesburg Basin (Key Developments).

SM: Production Guidance And Buybacks Will Support Future Shareholder Upside

Analysts have trimmed their price target for SM Energy by about $1 to reflect updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E. What's in the News SM Energy has scheduled a special or extraordinary shareholders meeting for January 27, 2026, which could bring proposals that affect capital structure, governance, or other corporate matters (Key Developments).

SM: Share Repurchases And Production Guidance Will Support Future Shareholder Upside

Analysts have trimmed their price target on SM Energy from about US$33.50 to roughly US$32.33, citing updated assumptions around fair value, discount rate, revenue growth, profit margins, and future P/E as the key drivers of the change. What's in the News SM Energy has scheduled a Special or Extraordinary Shareholders Meeting for January 27, 2026, giving investors a key date to watch for company level decisions (Key Developments).

SM: Merger Talks And 2025 Production Outlook Will Drive Upside Potential

Analysts have trimmed their price target on SM Energy to approximately $48.00 from about $56.36. This reflects a view that sharply higher projected revenue growth is likely to be offset by expectations for lower profit margins and a more conservative valuation multiple.

SM: Merger Talks And Share Repurchases Will Drive Future Shareholder Upside

Analysts have modestly reduced their price target on SM Energy from 33.92 dollars to 33.50 dollars. This reflects slightly lower assumptions for revenue growth and profit margins, even as valuation multiples edge higher.

SM: Merger Prospects and Leadership Transition Will Unlock Shareholder Value

Analysts have revised their price target for SM Energy, lowering it from $36.64 to $33.92. This change is based on updated forecasts for revenue growth and profit margins.

SM: Planned Merger and Leadership Transition Will Drive Future Performance

Analysts have lowered their price target for SM Energy from $37.54 to $36.64, citing reduced projections for revenue growth even though profit margins remain stable. What's in the News Civitas Resources Inc.

SM Energy's (NYSE:SM) Weak Earnings May Only Reveal A Part Of The Whole Picture

Nov 10
SM Energy's (NYSE:SM) Weak Earnings May Only Reveal A Part Of The Whole Picture

Merger Prospects And Rising Oil Output Will Drive Future Gains

Analysts have slightly lowered their price target for SM Energy from $38.62 to $37.54. They cite more cautious estimates for revenue growth and profit margins as the reason for the adjustment.

Uinta Basin Production Will Rise Despite Operational Hurdles

Narrative Update: SM Energy Analyst Price Target Adjustment Analysts have revised SM Energy’s fair value estimate downward from $40.00 to $38.62 per share. This adjustment is due to more conservative revenue growth assumptions, which are partially offset by improved profit margin projections and a lower future price-to-earnings ratio.

Shareholders May Not Be So Generous With SM Energy Company's (NYSE:SM) CEO Compensation And Here's Why

May 15
Shareholders May Not Be So Generous With SM Energy Company's (NYSE:SM) CEO Compensation And Here's Why

SM Energy's (NYSE:SM) Solid Earnings May Rest On Weak Foundations

May 10
SM Energy's (NYSE:SM) Solid Earnings May Rest On Weak Foundations

SM Energy: Exploring The Factors Behind The Recent -20% Fall

Apr 07

SM Energy: A Look At Its Outlook For 2025

Feb 22

SM Energy: Driving Growth With Innovation And Oil Market Tailwinds

Jan 28

CEO Compensation Analysis

How has Beth McDonald's remuneration changed compared to SM Energy's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025US$4mUS$576k

US$648m

Sep 30 2025n/an/a

US$727m

Jun 30 2025n/an/a

US$813m

Mar 31 2025n/an/a

US$821m

Dec 31 2024US$4mUS$162k

US$770m

Compensation vs Market: Beth's total compensation ($USD4.48M) is below average for companies of similar size in the US market ($USD8.56M).

Compensation vs Earnings: Beth's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


CEO

Beth McDonald (46 yo)

less than a year
Tenure
US$4,475,172
Compensation

Ms. Elizabeth Anne McDonald, also known as Beth, was Chief Operating Officer of SM Energy Company from September 9, 2024 until January 30, 2026 and serves as its President since September 8, 2025 and is it...


Leadership Team

NamePositionTenureCompensationOwnership
Elizabeth McDonald
Presidentless than a yearUS$4.48m0.0023%
$ 170.0k
A. Pursell
Executive VP & CFO17.6yrsUS$3.86m0.17%
$ 12.4m
James Lebeck
Executive VP3.3yrsUS$2.55m0.0062%
$ 463.5k
Blake Mckenna
Executive VP & COOless than a yearno datano data
Alan Bennett
VP, Controller & Principal Accounting Officer1.1yrsno data0.00069%
$ 51.7k
Julie Gray
Vice President of Marketing2.8yrsno datano data
Jason Sands
Vice President of Human Resources2.3yrsno datano data
Patrick Lytle
Senior Vice President of Finance1.1yrsno data0.0053%
$ 399.8k
Richard Jenkins
Senior Vice President of Utah Business Unit1.1yrsno data0.012%
$ 872.3k
Andrew Urie
Vice President of Exploration & Geoscienceno datano datano data
Jason Menegatti
Senior Vice President of DJ Business Unitless than a yearno datano data
Nikki Burnett
Senior Vice President of Southwest Business Unitno datano datano data
1.1yrs
Average Tenure
43yo
Average Age

Experienced Management: SM's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Elizabeth McDonald
Presidentless than a yearUS$4.48m0.0023%
$ 170.0k
Rose Robeson
Independent Director11.8yrsUS$300.02k0.017%
$ 1.3m
Ramiro Peru
Independent Director11.7yrsUS$330.02k0.038%
$ 2.8m
Barton Brookman
Independent Director2.2yrsUS$285.04k0.011%
$ 835.6k
Julio Quintana
Independent Chairman of the Board19.8yrsUS$428.70k0.046%
$ 3.4m
Howard Willard
Directorless than a yearno data0.030%
$ 2.3m
Lloyd Helms
Directorless than a yearno data0.0073%
$ 548.1k
Wouter van Kempen
Directorless than a yearno data0.056%
$ 4.2m
Morris Clark
Directorless than a yearno data0.026%
$ 2.0m
Carrie Fox
Directorless than a yearno data0.037%
$ 2.8m
Ashwin Venkatraman
Independent Director1.3yrsUS$280.02k0.0042%
$ 312.2k
0.3yrs
Average Tenure
62yo
Average Age

Experienced Board: SM's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 04:15
End of Day Share Price 2026/04/30 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SM Energy Company is covered by 41 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joseph AllmanBaird
Jeffrey RobertsonBarclays
Rudolf HokansonBarrington Research Associates, Inc.