SM Energy Company

NYSE:SM Stock Report

Market Cap: US$4.4b

SM Energy Past Earnings Performance

Past criteria checks 3/6

SM Energy has been growing earnings at an average annual rate of 51.6%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 14.1% per year. SM Energy's return on equity is 20.4%, and it has net margins of 35.5%.

Key information

51.6%

Earnings growth rate

52.0%

EPS growth rate

Oil and Gas Industry Growth33.7%
Revenue growth rate14.1%
Return on equity20.4%
Net Margin35.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet

Nov 24
SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet

SM Energy: Works On Integrating Its Uinta Basin Assets

Nov 23

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

Oct 19
SM Energy Company (NYSE:SM) Looks Inexpensive But Perhaps Not Attractive Enough

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

Sep 20

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

Sep 13

SM Energy: Pivot From The Permian

Aug 09

SM Energy: Power Up The Oil And Gas Industry

Jul 12

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

Jun 29
We Like These Underlying Return On Capital Trends At SM Energy (NYSE:SM)

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

Jun 11
Is SM Energy (NYSE:SM) A Risky Investment?

SM Energy's Capital Efficiency Creates An Attractive Opportunity

May 13

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

Apr 24
There Is A Reason SM Energy Company's (NYSE:SM) Price Is Undemanding

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

Mar 22
The Return Trends At SM Energy (NYSE:SM) Look Promising

SM Energy: Reviewing Its Outlook For 2024

Feb 23

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

Feb 15
These 4 Measures Indicate That SM Energy (NYSE:SM) Is Using Debt Extensively

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

Jan 16
Are Investors Undervaluing SM Energy Company (NYSE:SM) By 41%?

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

Jan 01
SM Energy (NYSE:SM) Will Pay A Larger Dividend Than Last Year At $0.18

SM Energy: Strong Free Cash Flow At An Attractive Valuation

Dec 28

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

Dec 22
Little Excitement Around SM Energy Company's (NYSE:SM) Earnings

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

Nov 12
Is SM Energy (NYSE:SM) A Risky Investment?

SM Energy (NYSE:SM) Is Due To Pay A Dividend Of $0.15

Oct 22
SM Energy (NYSE:SM) Is Due To Pay A Dividend Of $0.15

SM Energy May Generate Over $700 Million In 2024 Free Cash Flow

Oct 19

Here's Why SM Energy (NYSE:SM) Has Caught The Eye Of Investors

Oct 17
Here's Why SM Energy (NYSE:SM) Has Caught The Eye Of Investors

SM Energy (NYSE:SM) Has Announced A Dividend Of $0.15

Oct 02
SM Energy (NYSE:SM) Has Announced A Dividend Of $0.15

A Look At The Fair Value Of SM Energy Company (NYSE:SM)

Sep 12
A Look At The Fair Value Of SM Energy Company (NYSE:SM)

SM Energy: Nearly $400 Million In Projected H2 2023 Free Cash Flow

Aug 14

Under The Bonnet, SM Energy's (NYSE:SM) Returns Look Impressive

Aug 08
Under The Bonnet, SM Energy's (NYSE:SM) Returns Look Impressive

SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet

Jul 24
SM Energy (NYSE:SM) Has A Pretty Healthy Balance Sheet

SM Energy: Interesting Only For Acquisition Potential

Jul 10

Should You Be Adding SM Energy (NYSE:SM) To Your Watchlist Today?

Jul 07
Should You Be Adding SM Energy (NYSE:SM) To Your Watchlist Today?

Revenue & Expenses Breakdown

How SM Energy makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:SM Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 242,3378291970
30 Jun 242,3378111890
31 Mar 242,2577511830
31 Dec 232,2698181810
30 Sep 232,3278291720
30 Jun 232,5221,0881750
31 Mar 232,9501,2621820
31 Dec 223,1961,1121700
30 Sep 223,3711,2781750
30 Jun 223,2968831670
31 Mar 222,8723361510
31 Dec 212,502361510
30 Sep 211,995-5541330
30 Jun 211,516-7381320
31 Mar 211,145-6041350
31 Dec 201,081-7651400
30 Sep 201,205-7011620
30 Jun 201,299-5611740
31 Mar 201,532-4211790
31 Dec 191,525-1871840
30 Sep 191,4712251760
30 Jun 191,537471750
31 Mar 191,533131760
31 Dec 181,5735081720
30 Sep 181,5191721800
30 Jun 181,3652191790
31 Mar 181,254821780
31 Dec 171,208-1611770
30 Sep 171,214-3361770
30 Jun 171,245-2871810
31 Mar 171,246-3361800
31 Dec 161,128-7581920
30 Sep 161,081-8972070
30 Jun 161,119-8532170
31 Mar 161,262-7422390
31 Dec 151,442-4482690
30 Sep 151,7532242990
30 Jun 152,0244303190
31 Mar 152,2645473180
31 Dec 142,3946662970
30 Sep 142,5233412650
30 Jun 142,5182032390
31 Mar 142,4092202320

Quality Earnings: SM has high quality earnings.

Growing Profit Margin: SM's current net profit margins (35.5%) are lower than last year (35.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: SM's earnings have grown significantly by 51.6% per year over the past 5 years.

Accelerating Growth: SM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SM had negative earnings growth (-0.01%) over the past year, making it difficult to compare to the Oil and Gas industry average (-14.6%).

Return on Equity

High ROE: SM's Return on Equity (20.4%) is considered high.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 14:08
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

SM Energy Company is covered by 54 analysts. 10 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.