Inside the research
SM Energy Company
SM Research profile · latest available data
Price overview
$33.91
▼ -1.19 (-3.4%)
| 52w hi | $41.29 |
|---|---|
| 52w lo | $17.20 |
| Vol | 3.06M |
| As of | 25 Sep 2026 |
The Verdict
Our score +0.76
| Short | +0.42 |
|---|---|
| Medium | +0.93 |
| Long | +1.09 |
computed 2026-09-27
Key fundamentals
SM Energy Company
Energy · Oil & Gas E&P
| Market cap | $8.07B |
|---|---|
| Enterprise value | $14.88B |
| Trailing P/E | 6.01x |
| Forward P/E | 4.25x |
| EV / EBITDA | 4.64x |
| P / S (ttm) | 1.63x |
| Profit margin | 20.2% |
| Return on equity | 16.1% |
| Revenue growth | +176.1% |
| Earnings growth | +153.9% |
| Debt / equity | 95.14 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.49 | |
| Sector | +0.09 | |
| Technical | +0.40 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the United States. The company holds working interests in oil and gas producing wells in the Midland Basin, South Texas, Uinta Basin, and DJ Basin. 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.
Risk Metrics
| Beta vs SPX | 0.86 |
|---|---|
| Corr SPX | 0.26 |
| Annual vol | 54.1% |
| Annual ret | +4.5% |
| Sharpe | 0.08 |
| Max DD | -61.8% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-05 | Earnings Release, Reg FD Disclosure… | read |
| 2026-07-16 | Earnings Release | read |
| 2026-06-01 | Termination of Agreement | read |
| 2026-05-22 | Officer / Director Change, Shareholder Vote… | read |
| 2026-05-12 | Termination of Agreement | read |
| 2026-05-06 | Earnings Release, Exhibits | read |
| 2026-04-30 | Acquisition / Disposition, Reg FD Disclosure… | read |
| 2026-04-17 | Earnings Release | read |
| 2026-04-02 | Reg FD Disclosure, Exhibits | read |
| 2026-03-18 | Reg FD Disclosure, Exhibits | read |
| 2026-03-09 | Material Agreement, Material Obligation… | read |
| 2026-03-05 | Other Material Event, Exhibits | read |
Insider Trades
| Date | Insider | Role | Action | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-24 | Lebeck James Barker | EVP, GC & Corp Secretary | Withheld for tax | 3.29K | $85.90K |
| 2026-07-24 | Lebeck James Barker | EVP, GC & Corp Secretary | Option exercise | 7.52K | — |
| 2026-07-24 | PURSELL A WADE | EVP & CFO | Withheld for tax | 7.40K | $193.22K |
| 2026-07-24 | PURSELL A WADE | EVP & CFO | Option exercise | 16.92K | — |
| 2026-07-01 | Lebeck James Barker | EVP, GC & Corp Secretary | Option exercise | 5.27K | — |
| 2026-07-01 | Lebeck James Barker | EVP, GC & Corp Secretary | Withheld for tax | 2.31K | $60.19K |
| 2026-07-01 | Lebeck James Barker | EVP, GC & Corp Secretary | Option exercise | 10.88K | — |
| 2026-07-01 | Lebeck James Barker | EVP, GC & Corp Secretary | Withheld for tax | 2.67K | $69.77K |
| 2026-07-01 | Lebeck James Barker | EVP, GC & Corp Secretary | Option exercise | 6.11K | — |
| 2026-07-01 | Lebeck James Barker | EVP, GC & Corp Secretary | Withheld for tax | 4.76K | $124.26K |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 95.3% |
| HHI | 3,156 (concentrated) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $305.53M | 11.71M |
| Millennium Management | $117.28M | 4.49M |
| Fidelity / FMR LLC | $99.13M | 3.80M |
| Citadel Advisors | $38.63M | 1.48M |
| AQR Capital Management | $26.10M | 1.00M |
| Capital Research / Capital World | $22.04M | 844.53K |
| Bridgewater Associates | $6.92M | 265.02K |
| T. Rowe Price Group | $8.43K | 322.88K |
As of 2026-06-30
Dividends
| Yield (TTM) | 1.83% |
|---|---|
| $ / share (TTM) | $0.62 |
| 5y CAGR | +118.7% |
Annual dividend per share
| 2021 | $0.02 |
|---|---|
| 2022 | $0.16 |
| 2023 | $0.60 |
| 2024 | $0.74 |
| 2025 | $1.00 |
| 2026 | $0.22 |
SEC Filings
The Long Run
FY 2010–2025 · 15 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $2.69B | +6.6% | |
| Operating income | $1.00B | +19.3% | |
| Net income | $818.00M | +118.0% | |
| Cash from ops | $1.57B | +10.1% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $34.40 | $34.86 | $33.59 | $33.91 | 3.06M |
| Sep 24 | $34.83 | $35.64 | $34.50 | $35.10 | 3.99M |
| Sep 23 | $34.43 | $35.24 | $33.94 | $34.31 | 3.53M |
| Sep 22 | $34.18 | $34.90 | $33.86 | $33.92 | 4.21M |
| Sep 21 | $35.91 | $36.22 | $34.59 | $34.75 | 4.96M |
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