SM - SM Energy Co Stock Price, Fair Value and News

49.17USD-1.76 (-3.46%)Market Closed

Market Summary

USD49.17-1.76

Market Closed

-3.46%

SM Alerts

Big fall in earnings (Y/Y)

SM Stock Price

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SM RSI Chart

SM Valuation

Market Cap

5.9B

Price/Earnings (Trailing)

7.81

Price/Sales (Trailing)

2.48

EV/EBITDA

5.85

Price/Free Cashflow

3.86

SM Price/Sales (Trailing)

SM Profitability

EBT Margin

34.89%

Return on Equity

20.29%

Return on Assets

11.73%

Free Cashflow Yield

25.92%

SM Fundamentals

SM Revenue

Revenue (TTM)

2.4B

Rev. Growth (Yr)

-2.38%

Rev. Growth (Qtr)

-8.03%

SM Earnings

Earnings (TTM)

750.5M

Earnings Growth (Yr)

-33.92%

Earnings Growth (Qtr)

-46.91%

Breaking Down SM Revenue

52 Week Range

51.07

(Low)(High)

Last 7 days

6.7%

Last 30 days

-1.6%

Last 90 days

38.0%

Trailing 12 Months

96.2%

How does SM drawdown profile look like?

SM Financial Health

Current Ratio

1.48

Debt/Equity

0.59

Debt/Cashflow

0.7

SM Investor Care

Dividend Yield

1.3%

Dividend/Share (TTM)

0.66

Buy Backs (1Y)

4.55%

Diluted EPS (TTM)

6.37

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.4B	0	0	0
2023	3.1B	2.6B	2.4B	2.4B
2022	3.0B	3.5B	3.5B	3.4B
2021	1.2B	1.6B	2.1B	2.6B
2020	1.6B	1.4B	1.3B	1.1B
2019	1.6B	1.6B	1.5B	1.6B
2018	1.5B	1.8B	2.0B	2.1B
2017	1.4B	1.2B	1.2B	1.1B
2016	1.3B	1.1B	1.1B	1.2B
2015	2.3B	2.1B	1.8B	1.6B
2014	2.4B	2.6B	2.6B	2.5B
2013	1.6B	1.9B	2.1B	2.3B
2012	1.7B	1.6B	1.4B	1.5B
2011	1.0B	1.2B	1.5B	1.6B
2010	993.1M	999.6M	1.0B	1.1B
2009	0	1.1B	988.6M	832.2M
2008	0	0	0	1.3B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of SM Energy Co

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 21, 2024	brookman barton r jr	acquired	-	-	1,839	-
Mar 04, 2024	pursell a wade	gifted	-	-	-5,000	evp & cfo
Mar 01, 2024	lutey mary ellen	sold	-1,936,020	44.5	-43,506	svp - expl., development & ehs
Dec 29, 2023	lutey mary ellen	acquired	7,663	26.89	285	svp - expl., development & ehs
Dec 29, 2023	lutey mary ellen	acquired	7,582	26.89	282	svp - expl., development & ehs
Dec 29, 2023	pursell a wade	acquired	2,715	26.89	101	evp & cfo
Nov 09, 2023	pursell a wade	gifted	-	-	-1,000	evp & cfo
Sep 07, 2023	vogel herbert s	gifted	-	-	-5,000	president & ceo
Aug 30, 2023	quintana julio m	sold	-1,850,640	42.06	-44,000	-
Aug 29, 2023	peru ramiro g	sold	-644,664	41.14	-15,670	-

Which funds bought or sold SM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	WealthCollab, LLC	unchanged	-	2,505	11,217	0.01%
May 10, 2024	Mitsubishi UFJ Trust & Banking Corp	added	32.95	547,743	1,291,210	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	0.85	1,230,070	5,352,210	-%
May 10, 2024	LPL Financial LLC	added	36.56	512,804	1,189,250	-%
May 10, 2024	CIBC Private Wealth Group, LLC	unchanged	-	69,642	297,006	-%
May 10, 2024	CREDIT SUISSE AG/	reduced	-1.6	1,301,960	6,180,600	0.01%
May 10, 2024	Pinnacle Wealth Planning Services, Inc.	new	-	210,068	210,068	0.03%
May 10, 2024	PNC Financial Services Group, Inc.	reduced	-13.44	108,109	1,052,930	-%
May 10, 2024	VANGUARD GROUP INC	reduced	-0.79	153,918,000	709,084,000	0.01%
May 10, 2024	JPMORGAN CHASE & CO	added	12.19	62,577,400	203,395,000	0.02%

Are Funds Buying or Selling SM?

Are funds buying SM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SM

No. of Funds

SM Alerts

Big fall in earnings (Y/Y)

Unveiling SM Energy Co's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.33%	14,337,306	SC 13G/A
Jan 24, 2024	state street corp	5.74%	6,674,610	SC 13G/A
Jan 19, 2024	blackrock inc.	17.3%	20,179,832	SC 13G/A
Feb 10, 2023	state street corp	5.44%	6,677,641	SC 13G/A
Feb 09, 2023	vanguard group inc	12.70%	15,599,887	SC 13G/A
Jan 23, 2023	blackrock inc.	16.7%	20,555,732	SC 13G/A
Feb 14, 2022	maple rock capital partners inc.	-	0	SC 13G/A
Feb 14, 2022	state street corp	5.07%	6,160,116	SC 13G/A
Jan 27, 2022	blackrock inc.	15.8%	19,248,951	SC 13G/A
Jan 26, 2022	blackrock inc.	15.8%	19,248,951	SC 13G/A

Recent SEC filings of SM Energy Co

View All Filings

Date Filed	Form Type	Document
May 03, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 04, 2024	DEFA14A	DEFA14A
Apr 04, 2024	DEF 14A	DEF 14A
Mar 21, 2024	4	Insider Trading
Mar 06, 2024	4	Insider Trading
Mar 05, 2024	4	Insider Trading
Mar 01, 2024	144	Notice of Insider Sale Intent
Feb 26, 2024	3	Insider Trading
Feb 22, 2024	10-K	Annual Report

Peers (Alternatives to SM Energy Co)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	467.0B	341.1B	-2.21%	9.99%	14.24	1.37	-16.75%	-46.83%
CVX	305.6B	198.9B	2.14%	5.33%	15.06	1.54	-18.05%	-43.28%
OXY	57.0B	27.7B	-6.27%	13.02%	13.18	2.06	-22.75%	-55.41%
MRO	15.3B	6.6B	-7.17%	19.89%	10.69	2.32	-15.57%	-47.38%
CHK	11.6B	6.4B	-1.79%	13.64%	10.96	1.8	-54.63%	-85.10%
MID-CAP
RRC	9.0B	2.2B	1.91%	47.15%	18.59	4.08	-62.59%	-77.29%
HP	3.9B	2.7B	-8.87%	25.78%	10.99	1.41	2.93%	8.77%
CNX	3.6B	2.5B	-3.50%	52.68%	3.57	1.43	-6.59%	-31.79%
KOS	2.9B	1.7B	-0.64%	-0.96%	13.11	1.68	-15.13%	-28.06%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	262.2M	304.0M	-4.88%	-3.21%	8.57	0.86	-28.78%	-93.34%
AMTX	182.5M	257.2M	-16.19%	136.42%	-4.12	0.71	7.59%	61.82%
BATL	96.3M	220.8M	-18.34%	-11.63%	-31.58	0.44	-38.52%	-116.44%
AE	73.1M	2.8B	-4.35%	-14.79%	42.7	0.03	-15.01%	137.22%
BRN	27.7M	23.9M	11.74%	2.99%	-10.2	1.16	-21.86%	-149.09%

SM Energy Co News

Latest updates

SM Energy Co Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-8.0%	560	609	641	551	574	671	835	992	860	855	760	564	444	320	281	170	356	452	390	407	341
Costs and Expenses	27.7%	381	299	445	341	301	329	213	479	758	381	634	744	655	492	384	482	837	540	291	303	526
S&GA Expenses	-100.0%	-	37.00	29.00	28.00	28.00	33.00	28.00	28.00	25.00	37.00	26.00	25.00	25.00	20.00	24.00	27.00	27.00	37.00	33.00	31.00	32.00
EBITDA Margin	-8.6%	0.39*	0.42*	0.43*	0.55*	0.55*	0.45*	0.46*	0.33*	0.17*	0.08*	-0.20*	-0.39*	-	-	-	-	-	-	-	-	-
Interest Expenses	-8.5%	22.00	24.00	23.00	22.00	22.00	23.00	23.00	35.00	39.00	40.00	41.00	40.00	40.00	41.00	42.00	40.00	42.00	41.00	41.00	40.00	38.00
Income Taxes	-28.3%	32.00	45.00	-45.98	42.00	56.00	65.00	119	87.00	13.00	10.00	-0.04	-0.16	0.00	-33.43	-22.97	-36.68	-99.01	-27.71	16.00	14.00	-46.04
Earnings Before Taxes	-44.1%	163	292	176	192	254	323	601	410	62.00	435	86.00	-223	-251	-198	-121	-125	-510	-129	58.00	64.00	-223
EBT Margin	-9.4%	0.35*	0.39*	0.39*	0.52*	0.52*	0.42*	0.43*	0.29*	0.12*	0.02*	-0.28*	-0.49*	-	-	-	-	-	-	-	-	-
Net Income	-46.9%	131	247	222	150	199	258	481	323	49.00	425	86.00	-222	-251	-165	-98.29	-89.25	-411	-102	42.00	50.00	-177
Net Income Margin	-7.7%	0.32*	0.34*	0.34*	0.41*	0.41*	0.33*	0.36*	0.25*	0.11*	0.01*	-0.27*	-0.46*	-	-	-	-	-	-	-	-	-
Free Cashflow	-42.1%	276	477	383	383	332	288	513	543	342	430	328	296	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.3%	6,398	6,380	6,079	5,993	5,870	5,716	5,652	5,339	5,396	5,234	5,062	5,053	5,016	4,976	5,122	5,268	5,615	6,292	6,453	6,392	6,287
Current Assets	-13.5%	793	916	703	679	756	737	808	633	759	613	336	269	230	204	275	355	625	253	311	289	221
Cash Equivalents	-17.8%	506	616	402	378	478	445	498	267	420	333	30.00	-	-	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net PPE	2.6%	5,514	5,376	5,292	5,231	5,030	4,883	4,747	4,652	4,583	4,576	4,665	4,715	4,713	4,702	4,765	4,826	4,888	5,954	6,029	5,985	5,954
Current Liabilities	-15.4%	536	634	599	564	563	599	814	1,014	1,059	889	1,104	1,052	777	584	377	308	383	472	491	504	545
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,175	2,263	160	2,610	155	153	150
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,175	-	160	2,610	155	153	150
Shareholder's Equity	2.3%	3,698	3,616	3,404	3,298	3,230	3,085	2,868	2,445	2,115	2,063	1,637	1,553	1,770	2,016	2,185	2,281	2,342	2,749	2,844	2,802	2,743
Retained Earnings	5.4%	2,163	2,052	1,826	1,621	1,489	1,309	1,068	606	282	235	-190	-274	-51.72	201	366	465	555	968	1,070	1,033	983
Additional Paid-In Capital	-1.8%	1,537	1,565	1,581	1,680	1,744	1,780	1,810	1,851	1,844	1,840	1,839	1,839	1,834	1,828	1,828	1,825	1,797	1,792	1,785	1,780	1,772
Shares Outstanding	-0.6%	115	116	116	118	121	122	122	122	122	119	118	117	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	3,684	-	-	-	4,113	-	-	-	2,939	-	-	-	419	-	-	-	1,393	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-42.1%	276,000	476,515	382,994	383,251	331,634	288,375	513,370	542,569	342,092	429,630	328,119	296,399	105,624	256,860	201,613	114,339	218,132	241,981	203,156	259,928	118,502
Share Based Compensation	-12.4%	5,018	5,731	6,038	4,163	4,318	4,914	5,105	4,479	4,274	4,628	4,498	3,956	5,737	-438	4,164	5,712	5,561	5,560	6,766	6,154	5,838
Cashflow From Investing	-48.8%	-332,288	-223,268	-237,194	-397,818	-240,405	-287,821	-226,697	-215,618	-150,127	-122,484	-174,795	-222,322	-147,634	-128,806	-116,643	-170,811	-139,306	-234,588	-215,415	-320,353	-242,935
Cashflow From Financing	-37.3%	-53,624	-39,063	-122,058	-85,064	-58,358	-53,991	-55,327	-479,749	-104,794	-4,230	-123,524	-74,077	42,000	-128,054	-84,970	56,467	-78,821	-10,894	9,360	66,821	46,482
Dividend Payments	19.4%	20,834	17,447	17,800	18,077	18,290	18,419	-	1,218	-	1,215	-	-	-	1,146	-	-	-	5,642	-	-	-
Buy Backs	50.9%	33,095	21,931	97,151	69,483	40,468	36,966	20,241	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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SM Income Statement

2024-03-31

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) (in thousands, except per share data) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating revenues and other income:
Oil, gas, and NGL production revenue	$ 559,596	$ 570,778
Other operating income	274	2,727
Total operating revenues and other income	559,870	573,505
Operating expenses:
Oil, gas, and NGL production expense	137,375	142,348
Depletion, depreciation, amortization, and asset retirement obligation liability accretion	166,188	154,189
Exploration	18,581	18,428
General and administrative	30,178	27,669
Net derivative (gain) loss	28,145	(51,329)
Other operating expense, net	1,008	10,153
Total operating expenses	381,475	301,458
Income from operations	178,395	272,047
Interest expense	(21,873)	(22,459)
Interest income	6,770	4,702
Other non-operating expense	(24)	(232)
Income before income taxes	163,268	254,058
Income tax expense	(32,069)	(55,506)
Net income	$ 131,199	$ 198,552
Basic weighted-average common shares outstanding	115,642	121,671
Diluted weighted-average common shares outstanding	116,456	122,294
Basic net income per common share	$ 1.13	$ 1.63
Diluted net income per common share	1.13	1.62
Net dividends declared per common share	$ 0.18	$ 0.15

SM Balance Sheet

2024-03-31

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) (in thousands, except share data) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 506,252	$ 616,164
Accounts receivable	241,731	231,165
Derivative assets	33,913	56,442
Prepaid expenses and other	11,149	12,668
Total current assets	793,045	916,439
Property and equipment (successful efforts method):
Proved oil and gas properties	11,756,523	11,477,358
Accumulated depletion, depreciation, and amortization	(6,994,005)	(6,830,253)
Unproved oil and gas properties, net of valuation allowance of $34,934 and $35,362, respectively	335,755	335,620
Wells in progress	380,419	358,080
Other property and equipment, net of accumulated depreciation of $60,606 and $59,669, respectively	34,905	35,615
Total property and equipment, net	5,513,597	5,376,420
Noncurrent assets:
Derivative assets	7,198	8,672
Other noncurrent assets	84,618	78,454
Total noncurrent assets	91,816	87,126
Total assets	6,398,458	6,379,985
Current liabilities:
Accounts payable and accrued expenses	496,361	611,598
Derivative liabilities	24,108	6,789
Other current liabilities	15,615	15,425
Total current liabilities	536,084	633,812
Noncurrent liabilities:
Revolving credit facility	0	0
Senior Notes, net	1,576,115	1,575,334
Asset retirement obligations	124,085	118,774
Net deferred tax liabilities	397,296	369,903
Derivative liabilities	1,369	1,273
Other noncurrent liabilities	65,258	65,039
Total noncurrent liabilities	2,164,123	2,130,323
Commitments and contingencies (note 6)
Stockholders’ equity:
Common stock, $0.01 par value - authorized: 200,000,000 shares; issued and outstanding: 115,036,144 and 115,745,393 shares, respectively	1,150	1,157
Additional paid-in capital	1,536,929	1,565,021
Retained earnings	2,162,771	2,052,279
Accumulated other comprehensive loss	(2,599)	(2,607)
Total stockholders’ equity	3,698,251	3,615,850
Total liabilities and stockholders’ equity	$ 6,398,458	$ 6,379,985

About SM Energy Co

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. It also has working interests in oil and gas producing wells in the Midland Basin and South Texas. 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.

CEO	Mr. Herbert S. Vogel
WEBSITE	https://sm-energy.com
INDUSTRY	Oil - E&P
EMPLOYEES	539

SM Energy Co Frequently Asked Questions

What is the ticker symbol for SM Energy Co? What does SM stand for in stocks?

SM is the stock ticker symbol of SM Energy Co. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SM Energy Co (SM)?

As of Thu May 09 2024, market cap of SM Energy Co is 5.86 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SM stock?

You can check SM's fair value in chart for subscribers.

What is the fair value of SM stock?

You can check SM's fair value in chart for subscribers. The fair value of SM Energy Co is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SM Energy Co is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SM Energy Co a good stock to buy?

The fair value guage provides a quick view whether SM is over valued or under valued. Whether SM Energy Co is cheap or expensive depends on the assumptions which impact SM Energy Co's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SM.

What is SM Energy Co's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, SM's PE ratio (Price to Earnings) is 7.8 and Price to Sales (PS) ratio is 2.48. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SM PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on SM Energy Co's stock?

In the past 10 years, SM Energy Co has provided -0.037 (multiply by 100 for percentage) rate of return.