SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in the state of Texas. More Details
Fair value with moderate growth potential.
Share Price & News
How has SM Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SM is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: SM's weekly volatility has decreased from 24% to 17% over the past year, but is still higher than 75% of US stocks.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: SM underperformed the US Oil and Gas industry which returned -31.1% over the past year.
Return vs Market: SM underperformed the US Market which returned 19.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is SM Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs SM Energy (NYSE:SM) Weighed On By Its Debt Load?
1 month ago | Simply Wall StHow Much Are SM Energy Company (NYSE:SM) Insiders Spending On Buying Shares?
2 months ago | Simply Wall StHere's What You Should Know About SM Energy Company's (NYSE:SM) 0.8% Dividend Yield
Is SM Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SM ($4.68) is trading below our estimate of fair value ($57.2)
Significantly Below Fair Value: SM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SM is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.
PE vs Market: SM is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SM is good value based on its PB Ratio (0.2x) compared to the US Oil and Gas industry average (1x).
How is SM Energy forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: SM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SM's is expected to become profitable in the next 3 years.
Revenue vs Market: SM's revenue (6.5% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: SM's revenue (6.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SM is forecast to be unprofitable in 3 years.
How has SM Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SM is currently unprofitable.
Growing Profit Margin: SM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SM is unprofitable, but has reduced losses over the past 5 years at a rate of 17.2% per year.
Accelerating Growth: Unable to compare SM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SM is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-29.6%).
Return on Equity
High ROE: SM has a negative Return on Equity (-32.1%), as it is currently unprofitable.
How is SM Energy's financial position?
Financial Position Analysis
Short Term Liabilities: SM's short term assets ($274.9M) do not cover its short term liabilities ($377.3M).
Long Term Liabilities: SM's short term assets ($274.9M) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: SM's debt to equity ratio (107.7%) is considered high.
Reducing Debt: SM's debt to equity ratio has reduced from 116.2% to 107.7% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 20.9% per year.
What is SM Energy current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: SM's dividend (0.43%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.47%).
High Dividend: SM's dividend (0.43%) is low compared to the top 25% of dividend payers in the US market (4.05%).
Stability and Growth of Payments
Stable Dividend: SM is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: SM is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: SM is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of SM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Herb Vogel (59 yo)
Mr. Herbert S. Vogel, also known as Herb, serves as Chief Executive Officer and Director at SM Energy Company since November 2, 2020. He has been President at SM Energy Company since July 21, 2020 and serv...
CEO Compensation Analysis
Compensation vs Market: Herb's total compensation ($USD3.16M) is above average for companies of similar size in the US market ($USD1.79M).
Compensation vs Earnings: Herb's compensation has increased whilst the company is unprofitable.
|President||no data||US$3.16m||0.15% |
|Executive VP & CFO||12.17yrs||US$2.66m||0.17% |
|Senior Vice President of Operations||no data||US$1.31m||0.085% |
|Executive VP||9.83yrs||US$1.64m||0.18% |
|Controller & Principal Accounting Officer||2yrs||no data||0.017% |
|Vice President of Investor Relations||5.5yrs||no data||no data|
|Vice President of Marketing||12.25yrs||US$919.15k||0.070% |
|Vice President of Human Resources||2.83yrs||no data||no data|
|Senior Vice President of Business Development & Land||6.25yrs||US$1.05m||0.065% |
Experienced Management: SM's management team is seasoned and experienced (6.3 years average tenure).
|President||no data||US$3.16m||0.15% |
|Independent Director||6.33yrs||US$236.00k||0.061% |
|Independent Director||6.25yrs||US$216.00k||0.088% |
|Independent Chairman of the Board||no data||US$301.02k||0.16% |
|Independent Director||8.17yrs||US$216.00k||0.092% |
|Independent Director||25.83yrs||US$216.00k||0.18% |
|Independent Director||14.33yrs||US$234.40k||0.12% |
|Independent Director||9.67yrs||US$231.00k||0.071% |
|Independent Director||2.08yrs||US$216.00k||0.063% |
Experienced Board: SM's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SM Energy Company's company bio, employee growth, exchange listings and data sources
- Name: SM Energy Company
- Ticker: SM
- Exchange: NYSE
- Founded: 1908
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$536.201m
- Shares outstanding: 114.57m
- Website: https://www.sm-energy.com
Number of Employees
- SM Energy Company
- 1775 Sherman Street
- Suite 1200
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SM||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 1992|
|SJL||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 1992|
|0KZA||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Dec 1992|
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in the state of Texa...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 23:51|
|End of Day Share Price||2020/11/25 00:00|
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.