SM Energy Co (SM) stock

SMNYSECrude Petroleum & Natural GasFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 12/3017% below fair value

$32.73−0.04 (-0.12%)

Close on Nov 13, 2026Market cap $7.78BP/E 7.9Yield 2.44%

SM Energy statistics

95 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Feb 24, 2027 (estimated, after the close)
Last ex-dividend date: Sep 4, 2026
Fundamentals through: Sep 30, 2026
Share price as of: Nov 13, 2026

Valuation ratiosIndustry

Market Cap: $7.78B; $1.34B
Enterprise Value: $7.34B; $2.19B
PE Ratio: 7.94; 11.24
PS Ratio: 1.14; 1.48
PB Ratio: 1.00; 1.36
P/TBV Ratio: 1.00; 1.40
P/OCF Ratio: 2.35; 4.98

Enterprise valuationIndustry

EV / Sales: 1.07; 1.97
EV / EBITDA: 4.54; 6.31
EV / EBIT: 4.54; 10.93

Share statisticsIndustry

Shares Outstanding: 238M; 106M
Shares Change (YoY): 71.7%; 1.55%
Shares Change (QoQ): -0.79%; 0.00%
Float: 236M; 78M
Shares Held by Insiders: 0.90%; 10.2%
Shares Held by Institutions: 96.7%; 68.9%

Short sellingIndustry

Short Interest: 13M; –
Short Interest Change: -10.6%; 0.16%
Short % of Float: 5.48%; 6.75%
Short % of Shares Outstanding: 5.43%; 5.40%
Days to Cover: 5.29; 4.31

Stock price statisticsIndustry

52-Week High: $41.56; –
52-Week Low: $17.45; –
20-Day Moving Average: $35.68; –
50-Day Moving Average: $36.16; –
200-Day Moving Average: $31.00; –
Average True Range (14): $1.71; –
Price Change (1 Week): 9.39%; 4.82%
Price Change (1 Month): -12.8%; -4.46%
Price Change (3 Months): -7.75%; -8.07%
Price Change (6 Months): 0.43%; -13.7%
Price Change (YTD): 75.0%; 16.8%
Price Change (1 Year): 78.7%; 12.6%
Price Change (3 Years): -14.7%; -4.93%
Price Change (5 Years): -5.24%; 24.6%
Price Change (10 Years): 1.11%; 7.80%
Average Volume (10 Days): 4M; –
Average Volume (20 Days): 3M; –
Average Volume (90 Days): 4M; –
Relative Volume: 0.84; 0.78
Relative Strength Index (14): 42.6; 44.9
Volatility (1 Year): 53.8%; 47.5%
Beta (5 Years): 0.99; 0.67

MarginsIndustry

Gross Margin: 74.2%; 24.3%
Operating Margin: 23.6%; 10.5%
Pretax Margin: 18.1%; 3.70%
Profit Margin: 13.7%; 1.57%
EBITDA Margin: 23.6%; 22.3%

Returns on capitalIndustry

Return on Equity (ROE): 15.0%; 2.43%
Return on Assets (ROA): 6.69%; 0.12%
Return on Invested Capital (ROIC): 20.5%; 5.17%
Return on Capital Employed (ROCE): 10.2%; 5.57%

Financial positionIndustry

Current Ratio: 0.57; 1.07
Quick Ratio: 0.51; 0.61
Interest Coverage: 4.22; 2.11

GrowthIndustry

Revenue Growth (YoY): 107.6%; 7.60%
Net Income Growth (YoY): 29.0%; 6.67%
EPS Growth (YoY): -34.7%; -13.6%
Revenue Growth (3Y CAGR): -2.07%; -0.28%
Revenue Growth (5Y CAGR): 22.9%; 15.8%
EPS Growth (3Y CAGR): -14.3%; -18.5%

EfficiencyIndustry

Asset Turnover: 0.49; 0.39
Revenue Per Employee: $5.52M; $1.65M
Profits Per Employee: $755.84K; $1.81K
Employee Count: 1,241; 326
WACC: 10.0%; 8.02%

Income statement (TTM)Industry

Revenue: $6.85B; $910.96M
Gross Profit: $5.09B; $347.77M
Operating Income: $1.62B; $38.94M
Pretax Income: $1.24B; $16.37M
Net Income: $938.00M; $659.32K
EBITDA: $1.62B; $124.84M
EPS (Diluted): $4.12; $0.19

Balance sheetIndustry

Cash & Short-Term Investments: $442.00M; $30.49M
Net Cash (Debt): $442.00M; -$47.77M
Net Cash Per Share: $1.86; -$0.39
Equity (Book Value): $7.78B; $598.56M
Book Value Per Share: $32.70; $10.13
Tangible Book Value: $7.78B; $567.72M
Working Capital: -$1.37B; $1.72M

Cash flow (TTM)Industry

Operating Cash Flow: $3.32B; $195.04M

Dividends and yieldsIndustry

Earnings Yield: 12.0%; 1.81%
Dividend Yield: 2.44%; 2.44%
Shareholder Yield: 2.44%; 2.05%
Dividend Per Share: $0.80; $0.60
Dividend Growth (YoY): 5.26%; 0.00%
Years of Dividend Growth: 4; 0
Payout Ratio: 22.4%; 33.1%

Taxes and interestIndustry

Interest Expense: $383.00M; $46.86M
Income Tax: $305.00M; $7.64M
Effective Tax Rate: 24.5%; 21.5%

Scores and fair valueIndustry

Graham Number: $55.05; $29.41
Graham Upside: 68.2%; 12.7%
Altman Z-Score: 1.27; 1.54
Piotroski F-Score: 6; 5

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	SM	S&P 500	Difference	SM per year	S&P 500 per year
1 month	-15.1%	-3.0%	−12.0 pts
3 months	+1.6%	-2.8%	+4.3 pts
Year to date	+78.8%	+11.5%	+67.3 pts
1 year	+83.1%	+13.5%	+69.7 pts
3 years	-5.9%	+77.7%	−83.6 pts	-2.0%	+21.1%
5 years	+4.8%	+72.6%	−67.8 pts	+0.9%	+11.5%
10 years	+17.5%	+308.2%	−290.6 pts	+1.6%	+15.1%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

13M SM shares were sold short on Oct 30, 2026, down 10.6% from the previous report, or 5.48% of the shares available to trade. At recent volumes it would take 5.3 days to buy them back. Over the last 20 sessions, 58.1% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	12,919,727	-10.6%	2,441,981	5.3
Oct 15, 2026	14,444,422	+3.5%	2,394,013	6.0
Sep 30, 2026	13,957,972	+3.5%	4,663,797	3.0
Sep 15, 2026	13,482,404	+5.3%	3,528,478	3.8
Aug 31, 2026	12,802,701	-12.3%	3,695,865	3.5
Aug 14, 2026	14,605,783	+15.5%	4,394,711	3.3
Jul 31, 2026	12,641,149	-16.7%	3,003,663	4.2
Jul 15, 2026	15,176,402	+13.2%	4,221,192	3.6
Jun 30, 2026	13,410,352	+0.4%	4,114,364	3.3
Jun 15, 2026	13,362,022	+3.7%	3,780,467	3.5
May 29, 2026	12,886,910	+1.9%	4,514,701	2.9
May 15, 2026	12,652,639	-5.9%	4,060,992	3.1