SM Stock Analysis: SM Energy | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 6.437m USD | 12M Return: 8.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 112M
EPS Trend: 2.2%
Qual. Beats: 1
Rev. Trend: 87.3%
Qual. Beats: 1
Warnings
Tailwinds
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 05, 2026, the stock is trading at USD 26.85 with a total of 4,165,400 shares traded. Over the past week, the price has changed by +1.24%, over one month by -21.16%, over three months by -11.25% and over the past year by +8.07%.
Current recommended Stop Loss: 25.00 (which is 6.9% or 1.4 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 | 40.9 | 52.4% |
P/E Trailing = 11.3291
P/E Forward = 3.6337
P/S = 1.7797
P/B = 0.8982
P/EG = 0.4543
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 = 14.0b USD (6.44b + Debt 7.98b - CCE 449.0m)
Interest Coverage Ratio = 1.37 (Ebit TTM 689.4m / Interest Expense TTM 501.4m)
EV/FCF = -61.90x (Enterprise Value 14.0b / FCF TTM -225.6m)
FCF Yield = -1.62% (FCF TTM -225.6m / Enterprise Value 14.0b)
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 = 0.73 (Enterprise Value 14.0b / 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 = 6.80% (E(6.44b)/V(14.4b) * Re(9.82%) + D(7.98b)/V(14.4b) * Rd(6.29%) * (1-Tc(0.30)))
Discount Rate = 9.82% (= 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=2.03 | Chg30d=+3.64% | Revisions=+8% | Analysts=14
EPS next Quarter (2026-09-30): EPS=2.12 | Chg30d=+9.97% | Revisions=+8% | Analysts=13
EPS current Year (2026-12-31): EPS=7.72 | Chg30d=+3.11% | Revisions=+46% | GrowthEPS=+42.5% | GrowthRev=+136.5%
EPS next Year (2027-12-31): EPS=7.87 | Chg30d=+2.52% | Revisions=+30% | GrowthEPS=+64.1% | GrowthRev=+1.9%
[Analyst] Revisions Ratio: +29% (up=23, down=12)