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SMSM Energy Company
$29.92$7.2B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
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Live BreakoutsStock ScreenerOwnership
SM logo

SM Energy Company

SM
NYSE · Oil & Gas Producers
$29.92
At close - Nov 6, 4:00 PM EST - USD
Market Cap$7.17B
P/E7.6x
52W High$41.56
Volume3.94M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q3

Acquisition-Driven Scale Meets Commodity-Cycle Earnings Volatility

SM Energy's fundamental picture is defined by acquisition-driven balance sheet expansion, with total assets rising from $6.7B in 2024Q2 to $19.0B in 2026Q3 and revenue swinging from $633.5M to $2.5B over the same window, suggesting growth is driven more by deal timing and commodity cycles than steady organic…

GrowthMixed
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

SM price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

10/12 Beats

EPS beat 10 of last 12 quarters

02

Valuation risk

-41% Peers

P/E is 41% below peer median

03

Market leadership

RS 65 · Avg

Average momentum (RS Rating: 65)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Feb 3

Market performance

Price History →

Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SM+59.85%
S&P 500 (^GSPC)+7.63%
1-Year Return
SM+71.86%
S&P 500 (^GSPC)+9.69%
3-Year Return
SM-17.11%
S&P 500 (^GSPC)+69.97%
5-Year Return
SM-12.16%
S&P 500 (^GSPC)+58.03%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
7.6x
Forward P/EExpansion
3.7x
EV/EBITDA40th %ile
2.9x
FCF YieldCash Flow
3.8%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
7.6x
5.6x
80th· High
EV/EBITDA
2.9x
3.3x
40th· Fair
Price/FCF
26.3x
7.6x
100th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$431.82+1343.2%
Base (Fair)$634.77+2021.6%
Bull$1239.67+4043.3%
$431.82 Bear$634.77 Base$1239.67 Bull
Current Market Price: $29.92
Trades at a 95.3% discount to Base DCF ($634.77)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$3.15B+18.1% YoY
Net income FY25
$648M-15.9% YoY
Free cash flow FY25
$573M+135.1% YoY
Operating margin FY25
26.1%-14.2 pts YoY
ROIC (FY25)8.6%
Avg ROIC 5Y14.5%
ROE (TTM)13.8%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate10/12 (83%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Nov 3, 2026
$1.95-3.0%
vs $2.01
$2.2B+6.2%
vs $2.0B
Q3 2026
Aug 5, 2026
$2.19+11.7%
vs $1.96
$2.5B+23.5%
vs $2.0B
Q2 2026
May 6, 2026
$1.55+38.4%
vs $1.12
$1.5B+4.3%
vs $1.4B
Q1 2026
Feb 25, 2026
$0.83+0.2%
vs $0.83
$705M-7.8%
vs $765M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Zacks Investment Research·2d ago
Down 11.9% in 4 Weeks, Here's Why You Should You Buy the Dip in SM Energy (SM)

SM Energy (SM) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Seeking Alpha·3d ago
SM Energy Company (SM) Q3 2026 Earnings Call Transcript

SM Energy Company ( SM ) Q3 2026 Earnings Call November 4, 2026 10:00 AM EST Company Participants Megan Hays - Vice President of Investor Relations Elizabeth McDonald - President, CEO & Director Blake Mckenna - Executive VP & COO A. Pursell - Executive VP & CFO Conference Call Participants John Freeman - Raymond James & Associates, Inc., Research Division Gabe Daoud - Truist Securities, Inc., Research Division Scott Hanold - RBC Capital Markets, Research Division Timothy Rezvan - KeyBanc Capital Markets Inc., Research Division Hsu-Lei Huang - TPH Research Jack Kindregan - BMO Capital Markets Equity Research Peyton Dorne - UBS Investment Bank, Research Division Presentation Operator Greetings.

Reuters·3d ago
SM Energy may shift drilling in early 2027 amid Uinta Basin constraints

SM Energy may shift drilling in early 2027 amid Uinta Basin constraints

Zacks Investment Research·3d ago
Here's Why SM Energy (SM) is a Strong Momentum Stock

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Filtered for SM Energy CompanyMore Headlines
04

Compare before deciding

Benchmark SM against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for SM Energy Company (SM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SM logoSMSM Energy CompanyCurrent
$29.92$7.17B7.6218.07%13.66%13.76%2.67%
MTDR logoMTDRMatador Resources Company
$50.41$6.26B8.685.1%17.6%11.71%2.6%
CRGY logoCRGYCrescent Energy Company
$11.22$3.71B59.7122.14%1.3%1.23%4.19%
CHRD logoCHRDChord Energy Corporation
$136.49$7.68B8.30-7.12%13.4%10.99%4.02%
MGY logoMGYMagnolia Oil & Gas Corporation
$23.67$4.38B12.67-0.31%25.82%16.51%2.57%
DVN logoDVNDevon Energy Corporation
$42.21$29.56B11.027.83%16.22%12.56%2.33%

Compare SM vs Peers

SM Energy Company (SM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MTDR

Most directly comparable listed peer for SM.

Scale Benchmark

vs XOM

Larger-name benchmark to compare SM against a more recognizable public peer.

Peer Set

Compare Top 5

vs MTDR, CRGY, CHRD, MGY

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

SM SEC Filings & Documents

SM Energy Company (SM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Nov 3, 2026·SEC

Material company update

Oct 14, 2026·SEC

Material company update

Aug 5, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 20, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Nov 4, 2026·SEC

FY 2026

Aug 6, 2026·SEC

FY 2026

May 7, 2026·SEC

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SM Frequently Asked Questions

SM Energy Company (SM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is SM Energy Company's revenue?

SM Energy Company (SM) reported $6.87B in revenue over the trailing twelve months. Revenue was $3.15B in fiscal year 2025. That is 5192% more than the $59.6M of fiscal year 1996.

How fast is SM Energy Company growing?

SM Energy Company (SM) grew revenue by 109.9% over the trailing twelve months, compared with the twelve months before.

Is SM profitable?

Yes. SM Energy Company (SM) earned $938.0M in net income over the trailing twelve months (a 13.7% net margin).

Dividend & Returns
Does SM pay dividends?

Yes. SM Energy Company (SM) pays a dividend that yields 2.67% at the current price, a moderate yield.

What is SM's return on equity?

SM Energy Company (SM) had a return on equity (ROE) of 13.8% over the trailing twelve months. That is in line with the market's typical 10-15%.

What is SM Energy Company's free cash flow?

SM Energy Company (SM) generated $272.8M in free cash flow over the trailing twelve months.

What if you invested $1,000 in SM back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →