SM Stock Analysis: SM Energy | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 6.794m USD | 12M Return: 2.3% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 118M
EPS Trend: 2.2%
Qual. Beats: 1
Rev. Trend: 87.3%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
SM Energy Company is an independent U.S. energy company focused on the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGLs). As a pure-play upstream operator, the company holds working interests in producing wells across four core basins: the Midland Basin (part of the Permian), South Texas (Eagle Ford region), the Uinta Basin, and the DJ Basin. These are all well-known U.S. unconventional oil and shale gas plays.
Headquartered in Denver, Colorado, the company was founded in 1908 and was originally known as St. Mary Land & Exploration Company before adopting its current name in May 2010. Like most independent exploration and production (E&P) firms, SM Energy concentrates solely on upstream activities and does not engage in refining, transportation, or retail marketing of hydrocarbons.
- WTI crude prices swing Midland Basin margins
- Capital return program expands on rising free cash flow
- Uinta Basin production diversifies Permian-heavy output mix
| Net Income: 130.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA 15.96 > 1.0 |
| NWC/Revenue: -68.78% < 20% (prev -11.89%; Δ -56.89% < -1%) |
| CFO/TA 0.11 > 3% & CFO 2.17b > Net Income 130.7m |
| Net Debt (7.53b) to EBITDA (2.06b): 3.66 < 3 |
| Current Ratio: 0.39 > 1.5 & < 3 |
| Outstanding Shares: last quarter (115.0m) vs 12m ago 0.05% < -2% |
| Gross Margin: 45.11% > 18% (prev 44.51%; Δ 0.60% > 0.5%) |
| Asset Turnover: 27.16% > 50% (prev 33.58%; Δ -6.42% > 0%) |
| Interest Coverage Ratio: 1.37 > 6 (EBIT TTM 689.4m / Interest Expense TTM 501.4m) |
| A: -0.14 (Total Current Assets 1.67b - Total Current Liabilities 4.28b) / Total Assets 19.1b |
| B: 0.15 (Retained Earnings 2.90b / Total Assets 19.1b) |
| C: 0.05 (EBIT TTM 689.4m / Avg Total Assets 14.0b) |
| D: 0.56 (Book Value of Equity 6.87b / Total Liabilities 12.3b) |
| Altman-Z'' = 0.52 = B |
| DSRI: 1.86 (Receivables 915.0m/383.0m, Revenue 3.79b/2.95b) |
| GMI: 0.99 (GM 44.51% / 45.11%) |
| AQI: 1.11 (AQ_t 0.02 / AQ_t-1 0.02) |
| SGI: 1.29 (Revenue 3.79b / 2.95b) |
| TATA: -0.11 (NI 130.7m - CFO 2.17b) / TA 19.1b) |
| Beneish M = -2.07 (Cap -4..+1) = BB |
As of July 12, 2026, the stock is trading at USD 27.81 with a total of 1,744,573 shares traded. Over the past week, the price has changed by +3.58%, over one month by -15.29%, over three months by -1.33% and over the past year by +2.27%.
Current recommended Stop Loss: 25.70 (which is 7.6% or 1.6 ATR below the current price).
SM Energy has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy SM.
- StrongBuy: 6
- Buy: 2
- Hold: 6
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 39 | 40.2% |
P/E Trailing = 12.2684
P/E Forward = 4.1408
P/S = 1.8785
P/B = 1.0162
P/EG = 0.5176
Revenue TTM = 3.79b USD
EBIT TTM = 689.4m USD
EBITDA TTM = 2.06b USD
Long Term Debt = 6.74b USD (from longTermDebt, last quarter)
Short Term Debt = 1.24b USD (from shortTermDebt, last quarter)
Debt = 7.98b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 7.53b USD (calculated: Debt 7.98b - CCE 449.0m)
Enterprise Value = 14.3b USD (6.79b + Debt 7.98b - CCE 449.0m)
Interest Coverage Ratio = 1.37 (Ebit TTM 689.4m / Interest Expense TTM 501.4m)
EV/FCF = -63.48x (Enterprise Value 14.3b / FCF TTM -225.6m)
FCF Yield = -1.58% (FCF TTM -225.6m / Enterprise Value 14.3b)
FCF Margin = -5.95% (FCF TTM -225.6m / Revenue TTM 3.79b)
Net Margin = 3.45% (Net Income TTM 130.7m / Revenue TTM 3.79b)
Gross Margin = 45.11% ((Revenue TTM 3.79b - Cost of Revenue TTM 2.08b) / Revenue TTM)
Gross Margin QoQ = 71.06% (prev 18.89%)
Tobins Q-Ratio = 0.75 (Enterprise Value 14.3b / Total Assets 19.1b)
Interest Expense / Debt = 6.29% (Interest Expense 501.4m / Debt 7.98b)
Taxrate = 30.46% (57.3m / 188.0m)
NOPAT = 479.4m (EBIT 689.4m * (1 - 30.46%))
Current Ratio = 0.39 (Total Current Assets 1.67b / Total Current Liabilities 4.28b)
Debt / Equity = 1.16 (Debt 7.98b / totalStockholderEquity, last quarter 6.87b)
Debt / EBITDA = 3.66 (Net Debt 7.53b / EBITDA 2.06b)
Debt / FCF = -33.36 (negative FCF - burning cash) (Net Debt 7.53b / FCF TTM -225.6m)
Total Stockholder Equity = 5.25b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.94% (Net Income 130.7m / Total Assets 19.1b)
RoE = 2.49% (Net Income TTM 130.7m / Total Stockholder Equity 5.25b)
RoCE = 5.75% (EBIT 689.4m / Capital Employed (Equity 5.25b + L.T.Debt 6.74b))
RoIC = 3.01% (NOPAT 479.4m / Invested Capital 15.9b)
WACC = 6.88% (E(6.79b)/V(14.8b) * Re(9.83%) + D(7.98b)/V(14.8b) * Rd(6.29%) * (1-Tc(0.30)))
Discount Rate = 9.83% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -47.74 | Cagr: -0.61%
[DCF] Fair Price = unknown (Cash Flow -225.6m)
EPS Correlation: 2.22 | EPS CAGR: 0.25% | SUE: 2.90 | # QB: 1
Revenue Correlation: 87.31 | Revenue CAGR: 16.27% | SUE: 1.59 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.89 | Chg30d=-7.09% | Revisions=+8% | Analysts=14
EPS next Quarter (2026-09-30): EPS=1.83 | Chg30d=-13.52% | Revisions=+8% | Analysts=13
EPS current Year (2026-12-31): EPS=7.09 | Chg30d=-8.26% | Revisions=+46% | GrowthEPS=+30.7% | GrowthRev=+129.0%
EPS next Year (2027-12-31): EPS=7.60 | Chg30d=-3.44% | Revisions=+30% | GrowthEPS=+89.6% | GrowthRev=+3.9%
[Analyst] Revisions Ratio: +29% (up=23, down=12)