SM Energy Co

Market Summary

USD35.56+0.71

Delayed

2.04%

SM Stock Price

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SM RSI Chart

SM Valuation

Market Cap

4.2B

Price/Earnings (Trailing)

3.86

Price/Sales (Trailing)

1.6

EV/EBITDA

2.62

Price/Free Cashflow

2.77

SM Price/Sales (Trailing)

SM Profitability

EBT Margin

52.07%

Return on Equity

32.99%

Return on Assets

18.16%

Free Cashflow Yield

36.11%

SM Fundamentals

SM Revenue

Revenue (TTM)

2.6B

Revenue Y/Y

-44.49%

Revenue Q/Q

-3.97%

SM Earnings

Earnings (TTM)

1.1B

Earnings Y/Y

-53.67%

Earnings Q/Q

-24.52%

Price Action

Last 7 days

-6.2%

Last 30 days

-2.2%

Last 90 days

-14.6%

Trailing 12 Months

0.5%

How does SM drawdown profile look like?

SM Financial Health

Current Ratio

1.2

SM Investor Care

Dividend Yield

1.69%

Dividend/Share (TTM)

0.6

Buy Backs (1Y)

3.12%

Diluted EPS (TTM)

8.83

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	3.1B	2.6B	0	0
2022	3.0B	3.5B	3.5B	3.4B
2021	1.2B	1.6B	2.1B	2.6B
2020	1.6B	1.4B	1.3B	1.1B
2019	1.6B	1.6B	1.5B	1.6B
2018	1.5B	1.8B	2.0B	2.1B
2017	1.4B	1.2B	1.2B	1.1B
2016	1.3B	1.1B	1.1B	1.2B
2015	2.3B	2.1B	1.9B	1.6B
2014	2.4B	2.6B	2.6B	2.5B
2013	1.6B	1.9B	2.1B	2.3B
2012	1.7B	1.6B	1.4B	1.5B
2011	1.0B	1.2B	1.5B	1.6B
2010	993.1M	999.6M	1.0B	1.1B
2009	0	820.8M	782.0M	832.2M
2008	0	0	0	1.3B

Get all data in R, Python etc through our Historical Stock Data APIs

Latest Insider Trading transactions for SM

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Nov 09, 2023	pursell a wade	gifted	-	-	-1,000	evp & cfo
Sep 07, 2023	vogel herbert s	gifted	-	-	-5,000	president & ceo
Aug 30, 2023	quintana julio m	sold	-1,850,640	42.06	-44,000	-
Aug 29, 2023	peru ramiro g	sold	-644,664	41.14	-15,670	-
Aug 23, 2023	pursell a wade	gifted	-	-	-4,000	evp & cfo
Aug 23, 2023	robeson rose m	sold	-1,189,500	39.65	-30,000	-
Aug 07, 2023	lytle patrick a	sold	-249,759	38.46	-6,494	vp - chief accounting officer
Jul 03, 2023	lytle patrick a	sold (taxes)	-43,870	31.63	-1,387	vp - chief accounting officer
Jul 03, 2023	lutey mary ellen	acquired	-	-	14,948	svp - expl., development & ehs
Jul 03, 2023	lytle patrick a	acquired	-	-	4,816	vp - chief accounting officer

Which funds bought or sold SM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Dec 06, 2023	Raleigh Capital Management Inc.	new	-	6,701	6,701	-%
Dec 06, 2023	CITIGROUP INC	reduced	-29.36	-896,474	6,933,910	-%
Nov 30, 2023	Neo Ivy Capital Management	reduced	-10.79	141,000	1,332,000	0.58%
Nov 24, 2023	DEUTSCHE BANK AG\	reduced	-65.51	-3,841,470	2,926,370	-%
Nov 22, 2023	CONNORS INVESTOR SERVICES INC	added	0.23	684,000	3,350,000	0.41%
Nov 22, 2023	Public Sector Pension Investment Board	reduced	-31.44	-950,887	5,815,470	0.04%
Nov 22, 2023	KBC Group NV	unchanged	-	-	289,000	-%
Nov 22, 2023	Verity Asset Management, Inc.	new	-	280,048	280,048	0.21%
Nov 21, 2023	Walleye Trading LLC	added	308	826,163	1,026,700	-%
Nov 21, 2023	COMERICA BANK	reduced	-52.7	6,613,440	6,613,440	0.03%

Latest Funds Activity

Are funds buying SM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SM

No. of Funds

Schedule 13G FIlings of SM Energy Co

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	vanguard group inc	12.70%	15,599,887	SC 13G/A
Jan 23, 2023	blackrock inc.	16.7%	20,555,732	SC 13G/A
Feb 14, 2022	maple rock capital partners inc.	-	0	SC 13G/A
Feb 14, 2022	state street corp	5.07%	6,160,116	SC 13G/A
Jan 27, 2022	blackrock inc.	15.8%	19,248,951	SC 13G/A
Jan 26, 2022	blackrock inc.	15.8%	19,248,951	SC 13G/A
Jan 10, 2022	vanguard group inc	11.37%	13,811,934	SC 13G/A
Feb 16, 2021	maple rock capital partners inc.	7.78%	8,911,964	SC 13G
Feb 12, 2021	dimensional fund advisors lp	1.4%	1,635,740	SC 13G/A
Feb 10, 2021	state street corp	5.47%	6,262,561	SC 13G

Recent SEC filings of SM Energy Co

View All Filings

Date Filed	Form Type	Document
Nov 09, 2023	4	Insider Trading
Nov 03, 2023	10-Q	Quarterly Report
Nov 02, 2023	8-K	Current Report
Sep 12, 2023	144	Notice of Insider Sale Intent
Sep 08, 2023	5	Insider Trading
Sep 08, 2023	4	Insider Trading
Sep 01, 2023	4	Insider Trading
Aug 31, 2023	4	Insider Trading
Aug 31, 2023	144	Notice of Insider Sale Intent

Peers (Alternatives to SM Energy Co)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	394.5B	355.7B	-3.29%	-3.94%	9.59	1.11	-11.79%	-20.69%
CVX	269.5B	210.2B	1.35%	-16.10%	10.58	1.28	-11.63%	-25.47%
MRO	14.8B	6.6B	-3.06%	-9.92%	8.79	2.23	-17.82%	-54.98%
CHK	9.9B	10.9B	-7.80%	-19.02%	1.83	0.91	37.84%	94.62%
OXY	-	29.7B	-7.67%	-10.94%	-	-	-19.21%	-57.99%
MID-CAP
RRC	7.2B	3.9B	-10.24%	20.19%	5.21	1.83	-12.27%	9.11%
HP	3.6B	2.9B	-5.55%	-22.16%	8.23	1.24	39.51%	6143.35%
CNX	3.2B	3.4B	-3.84%	25.88%	1.34	0.95	197.39%	446.96%
KOS	2.9B	1.8B	-3.50%	10.26%	37.6	1.66	-23.88%	-82.35%
CPE	2.0B	2.4B	-7.33%	-15.63%	3.69	0.83	-7.39%	-51.28%
SMALL-CAP
AMPY	230.9M	327.6M	-1.50%	-15.45%	0.61	0.7	-27.62%	496.32%
AMTX	179.2M	-	-0.66%	15.78%	-1.27	1.18	21.03%	-281.13%
BATL	83.1M	250.3M	-17.62%	-53.54%	-1.92	0.33	-31.75%	-183.24%
AE	67.7M	2.8B	-16.17%	-31.68%	-10.96	0.02	-14.73%	-145.53%
BRN	24.6M	26.8M	2.07%	-17.57%	-24.44	0.92	8.21%	-113.99%

SM Energy Co News

Latest updates

Nasdaq • 06 Dec 2023 • 05:22 pm • 4 days ago

SM Energy Shares Enter Oversold Territory

Nasdaq • 06 Dec 2023 • 03:54 pm • 4 days ago

SM March 2024 Options Begin Trading

InvestorsObserver • 22 Nov 2023 • 03:02 pm • 18 days ago

Should You Buy SM Energy Co (SM) in Oil & Gas E&P Industry?

GuruFocus.com • 22 Nov 2023 • 08:02 am • 18 days ago

Genuine Parts Co Takes the Spotlight in Jeff Auxier's Q3 Portfolio ...

Invezz • 20 Nov 2023 • 08:00 am • 20 days ago

Top 8 Best Energy ETFs to Buy Q4 2024

SETE News • 16 Nov 2023 • 06:54 pm • 23 days ago

Wall Street analysts' outlook for SM Energy Co (SM)

Yahoo Finance • 10 Nov 2023 • 08:00 am • 30 days ago

Zacks.com featured highlights G-III Apparel, Titan Machinery, SM ...

StreetInsider.com • 08 Nov 2023 • 08:00 am • 32 days ago

Form N-CSR RBB Fund Trust For: Aug 31

Oil & Gas Journal • 06 Nov 2023 • 08:00 am • 34 days ago

SM Energy adds to Midland basin drilling plans

Morningstar • 06 Nov 2023 • 08:00 am • 34 days ago

Five potential takeover targets in the oil industry, following deals by ...

The Business Journals • 06 Nov 2023 • 08:00 am • 34 days ago

South Texas Drilling Permit Roundup: Four companies tie for most ...

Clayton County Register • 03 Nov 2023 • 02:26 am • 37 days ago

Absolute Software Corporation: A Beacon of Innovation in the ...

Beaumont Enterprise • 02 Nov 2023 • 10:00 pm • 37 days ago

SM Energy: Q3 Earnings Snapshot

Seeking Alpha • 30 Oct 2023 • 07:00 am • 41 days ago

SPSM: A Good Way To Get Low Cost Small Cap Exposure

The Business Journals • 26 Oct 2023 • 07:00 am • 45 days ago

South Texas Drilling Permit Roundup: SM Energy plans seven new ...

Financials for SM Energy Co

Income Statement (Last 12 Months)
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Revenue	-4.0%	551	574	671	835	992	860	855	760	564	444	320	281	170	356	452	390	407	341	394	459	444
Costs and Expenses	13.3%	341	301	329	213	479	758	381	634	744	655	492	384	482	837	540	291	303	526	-35.57	568	388
S&GA Expenses	-0.6%	28.00	28.00	33.00	28.00	28.00	25.00	37.00	26.00	25.00	25.00	20.00	24.00	27.00	27.00	37.00	33.00	31.00	32.00	30.00	29.00	29.00
EBITDA Margin	0.8%	0.55*	0.55*	0.45*	0.46*	0.33*	0.17*	0.08*	-0.20*	-0.39*	-0.44*	-0.70*	-0.58*	-0.40*	-0.22*	-0.05*	-	-	-	-	-	-
Interest Expenses	-1.4%	22.00	22.00	23.00	23.00	35.00	39.00	40.00	41.00	40.00	40.00	41.00	42.00	40.00	42.00	41.00	41.00	40.00	38.00	38.00	38.00	42.00
Income Taxes	-24.2%	42.00	56.00	65.00	119	87.00	13.00	10.00	-0.04	-0.16	0.00	-33.43	-22.97	-36.68	-99.01	-27.71	16.00	14.00	-46.04	82.00	-36.75	-0.90
Earnings Before Taxes	-24.4%	192	254	323	601	410	62.00	435	86.00	-223	-251	-198	-121	-125	-510	-129	58.00	64.00	-223	392	-172	16.00
EBT Margin	0.7%	0.52*	0.52*	0.42*	0.43*	0.29*	0.12*	0.02*	-0.28*	-0.49*	-0.57*	-0.85*	-0.71*	-0.52*	-0.32*	-0.15*	-	-	-	-	-	-
Net Income	-24.5%	150	199	258	481	323	49.00	425	86.00	-222	-251	-165	-98.29	-89.25	-411	-102	42.00	50.00	-177	310	-135	17.00
Net Income Margin	0.7%	0.41*	0.41*	0.33*	0.36*	0.25*	0.11*	0.01*	-0.27*	-0.46*	-0.50*	-0.68*	-0.56*	-0.41*	-0.26*	-0.12*	-	-	-	-	-	-
Free Cashflow	15.6%	383	332	288	513	543	342	430	328	296	106	257	202	114	218	242	-	-	-	-	-	-

Balance Sheet
(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Assets	2.1%	5,993	5,870	5,716	5,652	5,339	5,396	5,234	5,062	5,053	5,016	4,976	5,122	5,268	5,615	6,292	6,453	6,392	6,287	6,353	6,274	6,736
Current Assets	-10.2%	679	756	737	808	633	759	613	336	269	230	204	275	355	625	253	311	289	221	429	453	955
Cash Equivalents	-20.8%	378	478	445	498	267	420	333	30.00	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	78.00	177	616
Net PPE	4.0%	5,231	5,030	4,883	4,747	4,652	4,583	4,576	4,665	4,715	4,713	4,702	4,765	4,826	4,888	5,954	6,029	5,985	5,954	5,831	5,776	5,718
Current Liabilities	0.1%	564	563	599	814	1,014	1,059	889	1,104	1,052	777	584	377	308	383	472	491	504	545	466	734	1,048
Shareholder's Equity	2.1%	3,298	3,230	3,085	2,868	2,445	2,115	2,063	1,637	1,553	1,770	2,016	2,185	2,281	2,342	2,749	2,844	2,802	2,743	2,920	2,599	2,737
Retained Earnings	8.9%	1,621	1,489	1,309	1,068	606	282	235	-190	-274	-51.72	201	366	465	555	968	1,070	1,033	983	1,166	856	998
Additional Paid-In Capital	-3.6%	1,680	1,744	1,780	1,810	1,851	1,844	1,840	1,839	1,839	1,834	1,828	1,828	1,825	1,797	1,792	1,785	1,780	1,772	1,766	1,758	1,754
Shares Outstanding	-2.0%	118	121	122	123	122	122	122	121	118	115	115	114	113	113	113	113	112	112	112	112	112

Cashflow (Last 12 Months)
(In Millions)

Cashflow (Quarterly)
Description	(%) Q/Q	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4	2018Q3	2018Q2
Cashflow From Operations	15.6%	383,251,000	331,634,000	288,375,000	513,370,000	542,569,000	342,092,000	429,630,000	328,119,000	296,399,000	105,624,000	256,860,000	201,613,000	114,339,000	218,132,000	241,981,000	203,156,000	259,928,000	118,502,000	179,452,000	229,659,000	171,383,000
Share Based Compensation	-3.6%	4,163,000	4,318,000	4,914,000	5,105,000	4,479,000	4,274,000	4,628,000	4,498,000	3,956,000	5,737,000	-438,000	4,164,000	5,712,000	5,561,000	5,560,000	6,766,000	6,154,000	5,838,000	6,228,000	7,004,000	5,264,000
Cashflow From Investing	-65.5%	-397,818,000	-240,405,000	-287,821,000	-226,697,000	-215,618,000	-150,127,000	-122,484,000	-174,795,000	-222,322,000	-147,634,000	-128,806,000	-116,643,000	-170,811,000	-139,306,000	-234,588,000	-215,415,000	-320,353,000	-242,935,000	-273,974,000	-308,241,000	-194,978,000
Cashflow From Financing	-45.8%	-85,064,000	-58,358,000	-53,991,000	-55,327,000	-479,749,000	-104,794,000	-4,230,000	-123,524,000	-74,077,000	42,000,000	-128,054,000	-84,970,000	56,467,000	-78,821,000	-10,894,000	9,360,000	66,821,000	46,482,000	-4,319,000	-360,518,000	-3,836,000
Dividend Payments	-1.2%	18,077,000	18,290,000	18,419,000	-	1,218,000	-	1,215,000	-	589,000	-	1,146,000	-	565,000	-	5,642,000	-	2,806,000	-	5,607,000	-	2,792,000
Buy Backs	71.7%	69,483,000	40,468,000	36,966,000	20,200,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

SM Income Statement

2023-09-30

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share data) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Operating revenues and other income:
Oil, gas, and NGL production revenue	$ 639,699	$ 827,558	$ 1,757,032	$ 2,676,656
Other operating income	1,202	7,893	8,128	10,673
Total operating revenues and other income	640,901	835,451	1,765,160	2,687,329
Operating expenses:
Oil, gas, and NGL production expense	138,264	159,961	426,200	470,245
Depletion, depreciation, amortization, and asset retirement obligation liability accretion	189,353	145,865	501,374	460,169
Exploration	10,245	14,203	43,633	44,117
General and administrative	29,255	28,428	84,424	81,715
Net derivative (gain) loss	75,355	(137,577)	12,352	385,180
Other operating expense, net	2,832	2,290	20,182	9,080
Total operating expenses	445,304	213,170	1,088,165	1,450,506
Income from operations	195,597	622,281	676,995	1,236,823
Interest expense	(23,106)	(22,825)	(67,713)	(97,708)
Interest income	4,106	1,546	13,802	2,080
Loss on extinguishment of debt	0	0	0	(67,605)
Other non-operating expense, net	(233)	(383)	(696)	(1,150)
Income before income taxes	176,364	600,619	622,388	1,072,440
Income tax (expense) benefit	45,979	(119,379)	(51,619)	(218,951)
Net income	$ 222,343	$ 481,240	$ 570,769	$ 853,489
Basic weighted-average common shares outstanding	117,823	123,195	119,589	122,318
Diluted weighted-average common shares outstanding	118,328	124,279	120,165	124,233
Basic net income per common share	$ 1.89	$ 3.91	$ 4.77	$ 6.98
Diluted net income per common share	1.88	3.87	4.75	6.87
Dividends declared per common share	$ 0.15	$ 0.15	$ 0.45	$ 0.16

SM Balance Sheet

2023-09-30

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share data) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 401,980	$ 444,998
Accounts receivable	264,511	233,297
Derivative assets	25,524	48,677
Prepaid expenses and other	10,537	10,231
Total current assets	702,552	737,203
Property and equipment (successful efforts method):
Proved oil and gas properties	11,169,443	10,258,368
Accumulated depletion, depreciation, and amortization	(6,680,485)	(6,188,147)
Unproved oil and gas properties, net of valuation allowance of $36,286 and $38,008, respectively	526,085	487,192
Wells in progress	236,234	287,267
Other property and equipment, net of accumulated depreciation of $59,133 and $56,512, respectively	41,017	38,099
Total property and equipment, net	5,292,294	4,882,779
Noncurrent assets:
Derivative assets	5,294	24,465
Other noncurrent assets	78,430	71,592
Total noncurrent assets	83,724	96,057
Total assets	6,078,570	5,716,039
Current liabilities:
Accounts payable and accrued expenses	540,459	532,289
Derivative liabilities	43,152	56,181
Other current liabilities	15,473	10,114
Total current liabilities	599,084	598,584
Noncurrent liabilities:
Revolving credit facility	0	0
Senior Notes, net	1,574,553	1,572,210
Asset retirement obligations	115,271	108,233
Deferred income taxes	324,440	280,811
Derivative liabilities	4,595	1,142
Other noncurrent liabilities	56,334	69,601
Total noncurrent liabilities	2,075,193	2,031,997
Commitments and contingencies (note 6)
Stockholders’ equity:
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 116,313,887 and 121,931,676 shares, respectively	1,163	1,219
Additional paid-in capital	1,581,110	1,779,703
Retained earnings	1,826,002	1,308,558
Accumulated other comprehensive loss	(3,982)	(4,022)
Total stockholders’ equity	3,404,293	3,085,458
Total liabilities and stockholders’ equity	$ 6,078,570	$ 5,716,039

About SM Energy Co

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 also 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 was founded in 1908 and is headquartered in Denver, Colorado.

CEO	Mr. Herbert S. Vogel
WEBSITE	sm-energy.com
EMPLOYEES	539

SM Energy Co Frequently Asked Questions

What is the ticker symbol for SM Energy Co? What does SM stand for in stocks?

SM is the stock ticker symbol of SM Energy Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SM Energy Co (SM)?

As of Fri Dec 08 2023, market cap of SM Energy Co is 4.2 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SM stock?

You can check SM's fair value in chart. The fair value of SM Energy Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SM Energy Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SM Energy Co a good stock to buy?

The fair value guage provides a quick view whether SM is over valued or under valued. Whether SM Energy Co is cheap or expensive depends on the assumptions which impact SM Energy Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SM.

What is SM Energy Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Dec 08 2023, SM's PE ratio (Price to Earnings) is 3.86 and Price to Sales (PS) ratio is 1.6. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SM Energy Co's stock?

In the past 10 years, SM Energy Co has provided -0.078 (multiply by 100 for percentage) rate of return.