Loading...
SM logo

SM Energy CompanyNYSE:SM Stock Report

Market Cap US$2.5b
Share Price
US$21.26
My Fair Value
US$37.92
43.9% undervalued intrinsic discount
1Y-50.4%
7D-5.9%
Portfolio Value
​
View

SM Energy Company

NYSE:SM Stock Report

Market Cap: US$2.5b

SM Energy (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
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends4/6

Rewards

Trading at 58.4% below our estimate of its fair value

Earnings grew by 0.2% over the past year

Trading at good value compared to peers and industry

Risk Analysis

High level of non-cash earnings

Earnings are forecast to decline by an average of 9.8% per year for the next 3 years

Dividend of 3.67% is not well covered by free cash flows

Has a high level of debt


SM Community Fair Values

Create Narrative

See what 30 others think this stock is worth. Follow their fair value or set your own to get alerts.

SM logo
SM Energy

Global Decarbonization And Regulations Will Erode Oil Margins

Key Takeaways Accelerating decarbonization trends and ESG pressures may limit growth opportunities, restrict access to capital, and threaten long-term financial performance. Heavy concentration in a few basins and core inventory depletion increase vulnerability to regulation, cost inflation, and declining profitability.
View narrative
US$27
FV
21.3% undervalued intrinsic discount
3.66%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
SM logo
SM Energy

Uinta Basin Production Will Rise Despite Operational Hurdles

Key Takeaways Operational efficiencies, disciplined capital allocation, and technological improvements support margin resilience, free cash flow, and sustained per-share growth despite commodity price fluctuations. Strong balance sheet, ongoing share buybacks, and deep drilling inventory position the company for enhanced shareholder returns and long-term production growth.
View narrative
US$38.62
FV
44.9% undervalued intrinsic discount
3.71%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
17users have followed this narrative
SM logo
SM Energy

Robust Global Demand And Technology Will Advance Hydrocarbon Success

Key Takeaways Outperformance in Uinta Basin assets, falling costs, and high well productivity position the company for accelerated earnings and margin growth beyond market expectations. Disciplined capital allocation and technology-driven efficiencies enable sustained per-share growth, strong free cash flow, and above-peer shareholder returns amid robust global demand.
View narrative
US$56.36
FV
62.3% undervalued intrinsic discount
10.87%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
View Stock Community

SM Energy Company Competitors

Price History & Performance

Summary of share price highs, lows and changes for SM Energy
Historical stock prices
Current Share PriceUS$21.26
52 Week HighUS$46.42
52 Week LowUS$19.67
Beta2.3
1 Month Change-22.49%
3 Month Change-17.88%
1 Year Change-50.39%
3 Year Change-52.22%
5 Year Change1,220.50%
Change since IPO673.09%

Recent News & Updates

Recent updates

SM Energy: Uinta Basin Production Surges In Q2 2025

Sep 18

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

Why Investors Shouldn't Be Surprised By SM Energy Company's (NYSE:SM) 26% Share Price Plunge

Apr 09
Why Investors Shouldn't Be Surprised By SM Energy Company's (NYSE:SM) 26% Share Price Plunge

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

Apr 07

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

Mar 25
Is SM Energy (NYSE:SM) A Risky Investment?

SM Energy: A Look At Its Outlook For 2025

Feb 22

Investors Aren't Buying SM Energy Company's (NYSE:SM) Earnings

Feb 21
Investors Aren't Buying SM Energy Company's (NYSE:SM) Earnings

SM Energy: Driving Growth With Innovation And Oil Market Tailwinds

Jan 28

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
User avatar

Strategic Expansion And Operational Efficiency Propel Oil Giant Toward Bright Financial Horizon

Enhanced revenue from successful development in the Woodford-Barnett area and strategic debt reduction to improve the balance sheet and shareholder value.

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

Shareholder Returns

SMUS Oil and GasUS Market
7D-5.9%-2.9%-1.5%
1Y-50.4%-4.1%14.4%

Return vs Industry: SM underperformed the US Oil and Gas industry which returned -2.6% over the past year.

Return vs Market: SM underperformed the US Market which returned 15.1% over the past year.

Price Volatility

Is SM's price volatile compared to industry and market?
SM volatility
SM Average Weekly Movement6.5%
Oil and Gas Industry Average Movement5.4%
Market Average Movement6.5%
10% most volatile stocks in US Market17.6%
10% least volatile stocks in US Market3.0%

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 (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1908663Herb Vogelsm-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 capUS$2.50b
Earnings (TTM)US$812.74m
Revenue (TTM)US$3.00b
3.0x
P/E Ratio
0.8x
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)
RevenueUS$3.00b
Cost of RevenueUS$650.06m
Gross ProfitUS$2.35b
Other ExpensesUS$1.54b
EarningsUS$812.74m

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Nov 04, 2025

Earnings per share (EPS)7.07
Gross Margin78.35%
Net Profit Margin27.07%
Debt/Equity Ratio59.1%

How did SM perform over the long term?

See historical performance and comparison

Dividends

3.8%
Current Dividend Yield
11%
Payout Ratio

Does SM pay a reliable dividends?

See SM dividend history and benchmarks
When do you need to buy SM by to receive an upcoming dividend?
SM Energy dividend dates
Ex Dividend DateOct 17 2025
Dividend Pay DateNov 03 2025
Days until Ex dividend1 day
Days until Dividend pay date16 days

Does SM pay a reliable dividends?

See SM dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/17 00:03
End of Day Share Price 2025/10/17 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

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

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 Github.

Analyst Sources

SM Energy Company is covered by 47 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.