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SM

39.18USD-1.93(-4.69%)Market Closed

SM Energy Co

Market Summary

USD39.18-1.93Market Closed
-4.69%

SM Alerts

SM Stock Price

RSI Chart

Valuation

Market Cap

5.5B

Price/Earnings

6.22

Price/Sales

1.58

Price/Cashflow

3.34

MarketCap/EBT

5.53

Price/Sales

Profitability

EBT Margin

28.62%

Return on Equity

36.11%

Return on Assets

16.53%

Fundamentals

Revenue

Revenue (TTM)

3.5B

Revenue Y/Y

9.89%

Revenue Q/Q

-15.79%

Earnings

Earnings (TTM)

1.3B

Earnings Y/Y

462.24%

Earnings Q/Q

48.77%

Price Action

52 Week Range

25.1454.78
(Low)(High)

Last 7 days

-7.0%

Last 30 days

-15.0%

Last 90 days

-7.7%

Trailing 12 Months

40.0%

Financial Health

Current Ratio

0.62

Debt/Equity

0.85

Debt/Cashflow

0.79

Investor Care

Dividend Yield

0.04%

Dividend/Share (TTM)

0.16

Shares Dilution (1Y)

1.09%

Diluted EPS (TTM)

10.44

Peers (Alternatives to SM Energy)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
78.3B
22.2B
-5.69% 69.73%
13.73
3.53
70.19% 203.78%
66.9B
36.8B
-9.43% 129.08%
6.09
1.96
69.86% 4049.24%
61.4B
24.8B
-9.68% 36.50%
8.62
2.47
81.49% 409.80%
49.8B
19.7B
-6.90% 67.82%
9.45
2.71
83.28% 424.48%
26.7B
9.6B
-10.80% 42.92%
6.94
2.93
73.79% 893.42%
14.4B
10.9B
-6.70% 81.62%
4.67
1.31
73.36% 286.92%
12.8B
14.1B
-3.56% 59.69%
5.25
0.97
63.46% 733.33%
MID-CAP
7.8B
3.1B
-12.86% 69.15%
6.63
2.55
105.26% 318.63%
7.1B
5.4B
-9.99% 36.47%
5.66
1.32
97.87% 385.71%
4.4B
2.3B
-33.88% 7.97%
4.99
1.94
101.44% 11.78%
4.2B
2.6B
-19.42% 95.39%
12.34
1.58
131.99% 194.19%
2.8B
2.3B
-11.73% 69.10%
15
1.38
104.75% 360.71%
2.7B
2.9B
-14.81% -16.36%
3.22
0.93
111.76% 166.14%
SMALL-CAP
1.4B
6.1B
-9.86% 54.58%
13.64
0.23
72.58% 132.13%
1.1B
1.9B
-16.17% 1.25%
2.05
0.56
114.30% 186.49%

Financials for SM Energy

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue2.2%3,5423,4673,0392,6232,088
  S&GA Expenses2.5%11911611211295
Earnings Before Taxes51.9%1,50799235946-587.37
Net Income44.8%1,27888333636-553.85
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets5.9%5,6525,3395,3965,2345,062
  Current Assets27.6%808633759613336
    Cash Equivalents86.6%49826742033330
  Net PPE2.0%4,7474,6524,5834,5764,665
  Current Liabilities-19.7%8141,0141,0598891,104
  Long Term Debt-2,081----
Shareholder's Equity17.3%2,8682,4452,1152,0631,637
  Retained Earnings76.4%1,068606282235-190.37
  Additional Paid-In Capital-2.2%1,8101,8511,8441,8401,839
Shares Outstanding0.7%123122122122121
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations11.3%1,8281,6421,3961,160987
  Share Based Compensation3.4%1818171914
Cashflow From Investing-7.8%-714.93-663.02-669.73-667.23-673.56
Cashflow From Financing9.6%-644.10-712.30-306.62-159.83-283.65
  Dividend Payments0%2222

Risks

What is the probability of a big loss on SM?

100%


Probability that SM Energy stock will be more than 20% underwater in next one year

100%


Probability that SM Energy stock will be more than 30% underwater in next one year.

78.5%


Probability that SM Energy stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does SM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if SM Energy was unfortunately bought at previous high price.

Returns

Cumulative Returns on SM

-2.0%


10-Year Cumulative Returns

8.5%


7-Year Cumulative Returns

13.4%


5-Year Cumulative Returns

63.4%


3-Year Cumulative Returns

What are the long-term rolling returns for SM?

FIve years rolling returns for SM Energy.

Which funds bought or sold SM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-29
Bridgefront Capital, LLC
NEW
-
326,000
326,000
0.33%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,309,000
1,309,000
0.01%
2022-11-21
Parallax Volatility Advisers, L.P.
REDUCED
-41.34
-72,000
129,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
416,000
5,743,000
0.01%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
27.38
173,000
605,000
-%
2022-11-16
GLENMEDE TRUST CO NA
REDUCED
-10.7
-299,000
16,646,000
0.10%
2022-11-15
AUXIER ASSET MANAGEMENT
REDUCED
-10.65
-4,000
237,000
0.05%
2022-11-15
COLONY GROUP LLC
NEW
-
2,538,000
2,538,000
0.04%
2022-11-15
UNITED SERVICES AUTOMOBILE ASSOCIATION
ADDED
2.99
59,000
503,000
0.01%
2022-11-15
JANE STREET GROUP, LLC
REDUCED
-13.2
-59,000
1,255,000
-%

1–10 of 43

Latest Funds Activity

Are funds buying SM calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own SM

SM Energy News

San Mateo Daily Journal

Rams stay optimistic in historically bad title defense year.11 hours ago

SM Fair Value

SM Energy fair value in different scenarios

The table shows the Fair Value estimates for SM Energy for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

25.76

-34.25%

38.13

-2.68%

86.14

119.86%

118.35

202.07%

164.31

319.37%

Current Inflation

24.68

-37.01%

35.99

-8.14%

77.76

98.47%

105.86

170.19%

145.68

271.82%

Very High Inflation

23.25

-40.66%

33.23

-15.19%

67.64

72.64%

90.90

132.01%

123.58

215.42%

Historical SM Energy Fair Value Estimates


Recent SEC filings of SM Energy

View All Filings
Date Filed Form Type Document
Nov 22, 2022
4
Insider Trading
Nov 04, 2022
10-Q
Quarterly Report
Nov 03, 2022
8-K
Current Report
Oct 17, 2022
8-K
Current Report
Sep 22, 2022
UPLOAD
UPLOAD
Sep 14, 2022
CORRESP
CORRESP
Sep 12, 2022
4
Insider Trading
Sep 12, 2022
4
Insider Trading
Sep 07, 2022
8-K
Current Report
Sep 02, 2022
4
Insider Trading

Latest Insider Trading transactions for SM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-10-21
Quintana Julio M
SOLD
-954,217
42.79
-22,300
-
2022-09-09
Lytle Patrick A
SOLD
-394,891
45.61
-8,658
VP - Chief Accounting Officer
2022-09-09
Copeland David W
SOLD
-462,300
46.23
-10,000
EVP & General Counsel
2022-09-09
Copeland David W
GIFTED
-
-
-7,481
EVP & General Counsel
2022-09-01
Copeland David W
SOLD (Taxes)
-1,080,510
44.07
-24,518
EVP & General Counsel
2022-09-01
Copeland David W
ACQUIRED
-
-
62,296
EVP & General Counsel
2022-09-01
PURSELL A WADE
ACQUIRED
-
-
131,148
EVP & CFO
2022-09-01
Knott Kenneth J.
SOLD (Taxes)
-615,922
44.07
-13,976
SVP - Bus Dev & Land
2022-09-01
Lytle Patrick A
SOLD (Taxes)
-155,126
44.07
-3,520
VP - Chief Accounting Officer
2022-09-01
Lutey Mary Ellen
SOLD (Taxes)
-234,408
44.07
-5,319
SVP - Expl., Development & EHS

1–10 of 50

Herbert S. Vogel
510
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. As of February 24, 2022, it had 492.0 million barrels of oil equivalent of estimated proved reserves. It also has working interests in 825 gross productive oil wells and 483 gross productive gas 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 was founded in 1908 and is headquartered in Denver, Colorado.

SM Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share data) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Operating revenues and other income:    
Oil, gas, and NGL production revenue$ 827,558$ 759,813$ 2,676,656$ 1,745,547
Other operating income7,89342610,67322,387
Total operating revenues and other income835,451760,2392,687,3291,767,934
Operating expenses:    
Oil, gas, and NGL production expense159,961135,745470,245362,131
Depletion, depreciation, amortization, and asset retirement obligation liability accretion145,865202,701460,169574,375
Exploration14,2038,70944,11726,746
Impairment1,0778,7506,46626,250
General and administrative28,42825,53081,71574,883
Net derivative (gain) loss(137,577)209,146385,180924,183
Other operating expense, net1,21343,4012,61444,654
Total operating expenses213,170633,9821,450,5062,033,222
Income (loss) from operations622,281126,2571,236,823(265,288)
Interest expense(22,825)(40,861)(97,708)(120,268)
Loss on extinguishment of debt05(67,605)(2,139)
Other non-operating income (expense), net1,163153930(1,071)
Income (loss) before income taxes600,61985,5541,072,440(388,766)
Income tax (expense) benefit(119,379)39(218,951)95
Net income (loss)$ 481,240$ 85,593$ 853,489$ (388,671)
Basic weighted-average common shares outstanding123,195121,457122,318118,224
Diluted weighted-average common shares outstanding124,279123,851124,233118,224
Basic net income (loss) per common share$ 3.91$ 0.70$ 6.98$ (3.29)
Diluted net income (loss) per common share3.870.696.87(3.29)
Dividends per common share$ 0.15$ 0.01$ 0.16$ 0.02

SM Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share data) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 498,435$ 332,716
Accounts receivable258,003247,201
Derivative assets42,20724,095
Prepaid expenses and other9,1339,175
Total current assets807,778613,187
Property and equipment (successful efforts method):  
Proved oil and gas properties9,914,2619,397,407
Accumulated depletion, depreciation, and amortization(6,054,796)(5,634,961)
Unproved oil and gas properties579,261629,098
Wells in progress276,298148,394
Other property and equipment, net of accumulated depreciation of $62,950 and $62,359, respectively31,83136,060
Total property and equipment, net4,746,8554,575,998
Noncurrent assets:  
Derivative assets36,048239
Other noncurrent assets60,83244,553
Total noncurrent assets96,88044,792
Total assets5,651,5135,233,977
Current liabilities:  
Accounts payable and accrued expenses631,984563,306
Derivative liabilities174,717319,506
Other current liabilities7,3166,515
Total current liabilities814,017889,327
Noncurrent liabilities:  
Revolving credit facility00
Senior Notes, net1,571,4292,081,164
Asset retirement obligations97,72497,324
Deferred income taxes212,4709,769
Derivative liabilities14,50625,696
Other noncurrent liabilities73,70567,566
Total noncurrent liabilities1,969,8342,281,519
Commitments and contingencies (note 6)
Stockholders’ equity:  
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 122,796,046 and 121,862,248 shares, respectively1,2281,219
Additional paid-in capital1,810,3521,840,228
Retained earnings1,068,385234,533
Accumulated other comprehensive loss(12,303)(12,849)
Total stockholders’ equity2,867,6622,063,131
Total liabilities and stockholders’ equity$ 5,651,513$ 5,233,977