(SM) SM Energy - Overview

Sector: Energy | Industry: Oil & Gas E&P | Exchange: NYSE (USA) | Market Cap: 8.096m USD | Total Return: 33.8% in 12m

Crude Oil, Natural Gas, Natural Gas Liquids
Total Rating 43
Safety 32
Buy Signal 0.36
Oil & Gas E&P
Industry Rotation: -3.3
Market Cap: 8.10B
Avg Turnover: 120M
Risk 3d forecast
Volatility53.1%
VaR 5th Pctl9.55%
VaR vs Median9.10%
Reward TTM
Sharpe Ratio0.75
Rel. Str. IBD80.5
Rel. Str. Peer Group73
Character TTM
Beta1.150
Beta Downside1.735
Hurst Exponent0.462
Drawdowns 3y
Max DD64.87%
CAGR/Max DD0.09
CAGR/Mean DD0.20
EPS (Earnings per Share) EPS (Earnings per Share) of SM over the last years for every Quarter: "2021-03": -0.05, "2021-06": 0.01, "2021-09": 0.74, "2021-12": 1.14, "2022-03": 1.98, "2022-06": 2.19, "2022-09": 1.82, "2022-12": 1.29, "2023-03": 1.33, "2023-06": 1.28, "2023-09": 1.73, "2023-12": 1.59, "2024-03": 1.41, "2024-06": 1.85, "2024-09": 1.62, "2024-12": 1.91, "2025-03": 1.76, "2025-06": 1.5, "2025-09": 1.33, "2025-12": 0.83, "2026-03": 1.55,
EPS CAGR: 0.25%
EPS Trend: 2.2%
Last SUE: 2.90
Qual. Beats: 1
Revenue Revenue of SM over the last years for every Quarter: 2021-03: 443.846, 2021-06: 563.849, 2021-09: 760.239, 2021-12: 854.96, 2022-03: 858.721, 2022-06: 990.377, 2022-09: 827.558, 2022-12: 669.25, 2023-03: 570.778, 2023-06: 546.555, 2023-09: 639.699, 2023-12: 606.857, 2024-03: 559.596, 2024-06: 633.451, 2024-09: 642.38, 2024-12: 835.858, 2025-03: 839.62, 2025-06: 785.076, 2025-09: 811.009, 2025-12: 718.295, 2026-03: 1479,
Rev. CAGR: 16.27%
Rev. Trend: 87.3%
Last SUE: 1.59
Qual. Beats: 1

Warnings

Altman Z'' 0.18 < 1.0 - financial distress zone

Below Avwap Earnings

Tailwinds

Idiosyncratic Leader

Description: SM SM Energy

SM Energy Company is a Denver-based independent energy firm focused on the acquisition, exploration, and production of crude oil, natural gas, and natural gas liquids within the United States. The company manages a portfolio of working interests across major unconventional resource plays, including the Midland, South Texas, Uinta, and DJ Basins.

Operating in the upstream sector, the business model relies on capital-intensive drilling programs and the technical evaluation of geological formations to convert undeveloped acreage into producing assets. Exploration and production companies typically face high sensitivity to benchmark commodity prices and fluctuations in regional basis differentials.

For a detailed analysis of the companys valuation metrics and historical performance, consider reviewing the latest data on ValueRay.

Headlines to Watch Out For
  • Oil production growth in the Midland Basin drives top-line revenue and cash flow
  • Uinta Basin acquisition expands inventory life and potential production scale
  • Fluctuations in WTI crude prices directly impact realized margins and stock valuation
  • Operational efficiencies in South Texas horizontal drilling reduce capital expenditure requirements
  • Debt leverage ratios and free cash flow allocation influence shareholder return programs
Piotroski VR-10 (Strict) 3.5
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 (6.29b) to EBITDA (2.06b): 3.06 < 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 0.45%; Δ 4.47k% > 0.5%)
Asset Turnover: 27.16% > 50% (prev 33.58%; Δ -6.42% > 0%)
Interest Coverage Ratio: 1.37 > 6 (EBITDA TTM 2.06b / Interest Expense TTM 501.4m)
Altman Z'' 0.18
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 688.4m / Avg Total Assets 14.0b)
D: 0.24 (Book Value of Equity 2.91b / Total Liabilities 12.3b)
Altman-Z'' = 0.18 = B
Beneish M -2.26
DSRI: 1.86 (Receivables 915.0m/383.0m, Revenue 3.79b/2.95b)
GMI: 0.99 (GM 45.11% / 44.51%)
AQI: 0.96 (AQ_t 0.91 / AQ_t-1 0.94)
SGI: 1.29 (Revenue 3.79b / 2.95b)
TATA: -0.11 (NI 130.7m - CFO 2.17b) / TA 19.1b)
Beneish M = -2.26 (Cap -4..+1) = BBB
What is the price of SM shares?

As of May 31, 2026, the stock is trading at USD 30.71 with a total of 3,039,708 shares traded.
Over the past week, the price has changed by -7.64%, over one month by -1.67%, over three months by +33.91% and over the past year by +33.75%.

Is SM a buy, sell or hold?

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

What are the forecasts/targets for the SM price?
Analysts Target Price 40.4 31.7%
SM Energy (SM) - Fundamental Data Overview as of 27 May 2026
Market Cap USD = 8.10b (8.10b USD * 1.0 USD.USD)
P/E Trailing = 14.2489
P/E Forward = 4.7687
P/S = 2.2384
P/B = 1.1788
P/EG = 0.5962
Revenue TTM = 3.79b USD
EBIT TTM = 688.4m USD
EBITDA TTM = 2.06b USD
Long Term Debt = 6.74b USD (from longTermDebt, last quarter)
Short Term Debt = 1.24b USD (from shortLongTermDebt, last quarter)
Debt = 6.74b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.29b USD (calculated: Debt 6.74b - CCE 449.0m)
Enterprise Value = 14.4b USD (8.10b + Debt 6.74b - CCE 449.0m)
Interest Coverage Ratio = 1.37 (Ebit TTM 688.4m / Interest Expense TTM 501.4m)
EV/FCF = -63.78x (Enterprise Value 14.4b / FCF TTM -225.6m)
FCF Yield = -1.57% (FCF TTM -225.6m / Enterprise Value 14.4b)
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 14.4b / Total Assets 19.1b)
Interest Expense / Debt = 7.44% (Interest Expense 501.4m / Debt 6.74b)
Taxrate = 21.93% (182.0m / 830.0m)
NOPAT = 537.4m (EBIT 688.4m * (1 - 21.93%))
Current Ratio = 0.39 (Total Current Assets 1.67b / Total Current Liabilities 4.28b)
Debt / Equity = 0.98 (Debt 6.74b / totalStockholderEquity, last quarter 6.87b)
Debt / EBITDA = 3.06 (Net Debt 6.29b / EBITDA 2.06b)
 Debt / FCF = -27.89 (negative FCF - burning cash) (Net Debt 6.29b / 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 = 5.74% (EBIT 688.4m / Capital Employed (Equity 5.25b + L.T.Debt 6.74b))
RoIC = 3.62% (NOPAT 537.4m / Invested Capital 14.9b)
WACC = 8.11% (E(8.10b)/V(14.8b) * Re(10.03%) + D(6.74b)/V(14.8b) * Rd(7.44%) * (1-Tc(0.22)))
Discount Rate = 10.03% (= 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=1.96 | Chg30d=+3.71% | Revisions=-23% | Analysts=13
EPS next Quarter (2026-09-30): EPS=2.00 | Chg30d=+8.59% | Revisions=-8% | Analysts=12
EPS current Year (2026-12-31): EPS=7.49 | Chg30d=+14.67% | Revisions=+29% | GrowthEPS=+38.2% | GrowthRev=+131.2%
EPS next Year (2027-12-31): EPS=7.68 | Chg30d=+6.68% | Revisions=+27% | GrowthEPS=+65.4% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: +29%