SM Energy Company (SM)
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-14
$39.03+2.44%
Close 2026-09-14 · 1-day change
NYSEEnergyOil & Gas Exploration & ProductionSnapshot 2026-09-14
Research Workspace
Put SM beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Oil & Gas Exploration & Production is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Management is running behind on a stated commitment.
View ThesisRevenue growth is accelerating — up about 75% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 39%, softest on free-cash-flow margins.
View QualityMiddle-of-the-pack management execution.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationThis stock is volatile — it swings about 2% on a typical day and fell roughly 35% in its worst 12-month stretch.
View RiskSM Energy's growth trajectory relies on its ability to increase production and manage debt. The company recently beat earnings expectations, reporting an EPS of 2.19, which reflects strong operational performance. It trades at 6.5× P/E, significantly below the peer median of 17. The price reflects less growth than forecast, indicating modest expectations. Specific risks include management's unsteady performance, as they are running behind on commitments. Peer multiples imply a price about 19% above where it trades. This read is provisional; the thesis is on watch.
Trailing returns as of 2026-09-14. SM is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 17 analysts currently covering SM (as of Sep 2026).
Based on 10 Wall Street analysts offering 12-month price targets for SM in the last 4 months.
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Compare SM with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| SM Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 8 valuation methods, at three horizons. As of 2026-09-14. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Oil & Gas Exploration & Production — fair value, gap to price, and forward P/E.
Compare the value case
Put SM next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Potential lawsuit could hinder growth and operational plans.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-14. EPS is implied from price ÷ P/E. Not investment advice.
Current $39.03
The last 12 months of price, then the range of analyst 12-month targets from today’s $39.03.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Below average on quality vs scored peers
A second lens on the 12-month fair value: for companies that score high on measured quality (profitability, balance-sheet safety, earnings stability), this read trusts more of today's profit margins instead of averaging them toward their multi-year history the way the headline number does. Shown alongside the fair value above, not in place of it. A diagnostic, not a price target or a buy/sell signal.
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Advances: Maintain dividend payments with 10% increase
Dividend declaration supports management's commitment to increase payments.
Political risk may impact growth strategy and production guidance.
Advances: Increase production guidance to 418-440 MBoe/d
Increased production guidance supports growth objectives.
Advances: Debt reduction through note redemption
Debt reduction aligns with management's objective to redeem notes.
Advances: Debt reduction through note redemption
Note redemption supports debt reduction objective significantly.
Advances: Integrate Civitas merger with $375M synergy target
Upgrade indicates confidence in merger integration and growth potential.
Advances: Debt reduction through note redemption
Deleveraging gains traction, supporting debt reduction objective.