SM Stock Analysis: SM Energy | NYSE
Oil & Gas E&P | NYSE, USA | Market Cap: 7.980m USD | 12M Return: 48.3% | US78454L1008 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 145M
EPS Trend: -15.9%
Qual. Beats: 2
Rev. Trend: 88.6%
Qual. Beats: 2
Warnings
Tailwinds
Seasonality 11.7 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 engaged in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids (NGLs). The company holds working interests in producing wells across four core operating regions: the Midland Basin, South Texas, the Uinta Basin, and the DJ Basin.
The company was founded in 1908 and is headquartered in Denver, Colorado. It was formerly known as St. Mary Land & Exploration Company before adopting its current name in May 2010.
As an independent exploration and production (E&P) company, SM Energy focuses exclusively on upstream activities-finding and bringing hydrocarbons to the surface-rather than midstream transportation, refining, or retail operations. The basins in which it operates are among the most active onshore oil-producing regions in the United States.
- WTI crude prices fluctuate on OPEC+ supply decisions
- Midland Basin production drives oil revenue growth
- Capital returns accelerate as debt declines below target
| Net Income: 1.00b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA 16.47 > 1.0 |
| NWC/Revenue: -21.59% < 20% (prev -8.47%; Δ -13.11% < -1%) |
| CFO/TA 0.14 > 3% & CFO 2.70b > Net Income 1.00b |
| Net Debt (6.42b) to EBITDA (3.56b): 1.80 < 3 |
| Current Ratio: 0.62 > 1.5 & < 3 |
| Outstanding Shares: last quarter (240.0m) vs 12m ago 108.8% < -2% |
| Gross Margin: 61.49% > 18% (prev 40.75%; Δ 20.74% > 0.5%) |
| Asset Turnover: 39.56% > 50% (prev 34.50%; Δ 5.05% > 0%) |
| Interest Coverage Ratio: 3.32 > 6 (EBIT TTM 1.89b / Interest Expense TTM 569.8m) |
| A: -0.06 (Total Current Assets 1.90b - Total Current Liabilities 3.09b) / Total Assets 18.9b |
| B: 0.21 (Retained Earnings 3.92b / Total Assets 18.9b) |
| C: 0.14 (EBIT TTM 1.89b / Avg Total Assets 13.9b) |
| D: 0.71 (Book Value of Equity 7.81b / Total Liabilities 11.0b) |
| Altman-Z'' = 1.92 = BBB |
| DSRI: 1.53 (Receivables 989.0m/364.3m, Revenue 5.51b/3.10b) |
| GMI: 0.66 (GM 40.75% / 61.49%) |
| AQI: 1.24 (AQ_t 0.02 / AQ_t-1 0.02) |
| SGI: 1.78 (Revenue 5.51b / 3.10b) |
| TATA: -0.09 (NI 1.00b - CFO 2.70b) / TA 18.9b) |
| Beneish M = -2.21 (Cap -4..+1) = BB |
As of October 05, 2026, the stock is trading at USD 35.24 with a total of 2,019,888 shares traded. Over the past week, the price has changed by +3.92%, over one month by -7.42%, over three months by +32.02% and over the past year by +48.29%.
Current recommended Stop Loss: 32.70 (which is 7.2% or 1.7 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 | 43.2 | 22.5% |
P/E Trailing = 6.0125
P/E Forward = 4.4053
P/S = 1.6082
P/B = 0.6201
P/EG = 0.1555
Revenue TTM = 5.51b USD
EBIT TTM = 1.89b USD
EBITDA TTM = 3.56b USD
Long Term Debt = 6.62b USD (from longTermDebt, last quarter)
Short Term Debt = 416.0m USD (from shortTermDebt, last quarter)
Debt = 7.04b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.42b USD (calculated: Debt 7.04b - CCE 620.0m)
Enterprise Value = 14.4b USD (7.98b + Debt 7.04b - CCE 620.0m)
Interest Coverage Ratio = 3.32 (Ebit TTM 1.89b / Interest Expense TTM 569.8m)
EV/FCF = -383.5x (Enterprise Value 14.4b / FCF TTM -37.5m)
FCF Yield = -0.26% (FCF TTM -37.5m / Enterprise Value 14.4b)
FCF Margin = -0.68% (FCF TTM -37.5m / Revenue TTM 5.51b)
Net Margin = 18.16% (Net Income TTM 1.00b / Revenue TTM 5.51b)
Gross Margin = 61.49% ((Revenue TTM 5.51b - Cost of Revenue TTM 2.12b) / Revenue TTM)
Gross Margin QoQ = 77.76% (prev 71.06%)
Tobins Q-Ratio = 0.76 (Enterprise Value 14.4b / Total Assets 18.9b)
Interest Expense / Debt = 8.10% (Interest Expense 569.8m / Debt 7.04b)
Taxrate = 24.49% (324.4m / 1.32b)
NOPAT = 1.43b (EBIT 1.89b * (1 - 24.49%))
Current Ratio = 0.62 (Total Current Assets 1.90b / Total Current Liabilities 3.09b)
Debt / Equity = 0.90 (Debt 7.04b / totalStockholderEquity, last quarter 7.81b)
Debt / EBITDA = 1.80 (Net Debt 6.42b / EBITDA 3.56b)
Debt / FCF = -170.9 (out of range, set to none) (Net Debt 6.42b / FCF TTM -37.5m)
Total Stockholder Equity = 6.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.18% (Net Income 1.00b / Total Assets 18.9b)
RoE = 16.53% (Net Income TTM 1.00b / Total Stockholder Equity 6.05b)
RoCE = 14.95% (EBIT 1.89b / Capital Employed (Equity 6.05b + L.T.Debt 6.62b))
RoIC = 8.99% (NOPAT 1.43b / Invested Capital 15.9b)
WACC = 6.84% (E(7.98b)/V(15.0b) * Re(7.48%) + D(7.04b)/V(15.0b) * Rd(8.10%) * (1-Tc(0.24)))
Discount Rate = 7.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 51.51 | Cagr: 37.90%
[DCF] Fair Price = unknown (Cash Flow -37.5m)
EPS Correlation: -15.85 | EPS CAGR: -1.72% | SUE: 1.43 | # QB: 2
Revenue Correlation: 88.59 | Revenue CAGR: 27.93% | SUE: 4.0 | # QB: 2
EPS current Quarter (2026-09-30): EPS=1.75 | Chg30d=+4.22% | Revisions=-27% | Analysts=15
EPS current Year (2026-12-31): EPS=7.43 | Chg30d=+4.56% | Revisions=+24% | GrowthEPS=+37.1% | GrowthRev=+142.6%
EPS next Year (2027-12-31): EPS=7.69 | Chg30d=+3.26% | Revisions=+25% | GrowthEPS=+15.8% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +8% (up=19, down=16)