Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
SM
Strong BuyAPPROVESM Energy Company · Energy · United States · $8.7B · Avg Vol: $136M/d
SM Energy is a pure-play upstream operator well-positioned to capitalize on structural energy supply deficits. The ongoing disruption in the Strait of Hormuz acts as a permanent tailwind for crude prices. Management’s aggressive capital allocation, evidenced by active share repurchases and redemption of debt, demonstrates a shareholder-first culture that aligns with the Buffett lens of rational capital allocation in a high-conviction macro environment. [BUYBACK TAILWIND: Active buyback (SEC): $87M repurchased (ending 2026-06-30)]
COMPANY DESCRIPTION
SM Energy Company is an independent energy company focused on the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the U.S. Its competitive position is derived from its concentrated asset base in top-tier regions, particularly the Permian Basin and South Texas, enabling efficient operations. The company maintains a niche as an agile, pure-play operator focused on high-return unconventional resource plays.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.3B | 2.4B | 2.7B | 3.1B | -2.1% | 5.0B | 7.5B | 7.5B | 54.6% |
| EPS | 9.09 | 3.33 | 3.20 | 2.70 | -33.3% | 5.64 | 3.54 | 4.41 | 27.8% |
| Shares | 121.9M | 239.7M | 239.7M | 239.7M | +96.6% | 237.9M | — | — | — |
| Debt | 1.6B | 1.6B | 2.8B | 2.7B | 20.0% | 7.4B | — | — | — |
| Equity | 3.1B | 3.6B | 4.2B | 4.8B | 16.0% | — | — | — | — |
| Op CF | 1.7B | 1.6B | 1.8B | 2.0B | 6.0% | 2.7B | — | — | — |
| Inv CF | -880.3M | -1.1B | -3.4B | -1.5B | — | — | — | — | — |
| Fin CF | -693.9M | -305.0M | 1.0B | -175.0M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Energy, ranked by industry match, size, and score similarity. Cross-listings of SM are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| SM | SM Energy Company(you) | $8.7B | 98 | Strong Buy |
| CHRD | Chord Energy Corporation | $7.9B | 93 | Strong Buy |
| APA | APA Corporation | $15.1B | 98 | Strong Buy |
| MTDR | Matador Resources Company | $7.1B | 88 | Strong Buy |
| MGY | Magnolia Oil & Gas Corporation | $6.6B | 88 | Strong Buy |
| OVV.TO | Ovintiv Inc. | $18.2B | 92 | Strong Buy |
| PR | Permian Resources Corporation | $19.8B | 92 | Strong Buy |
| CRGY | Crescent Energy Company | $5.4B | 73 | Buy |
| DMLP | Dorchester Minerals, L.P. | $1.4B | 96 | Strong Buy |
| RRC | Range Resources Corporation | $9.6B | 61 | Hold |
Peer medians: ROE 10.6% · P/E 17.5x · Gross margin 43.5%