Is SM Energy Co (SM) a Bargain After 4.5% Drop? GF Value Says Un
SM Energy Co (SM) shares dropped 4.5% to $33.25, but GuruFocus's GF Value™ still considers it undervalued at $48.22, suggesting a potential 31.0% margin of safety. Despite a strong GF Score™ of 83/100, concerns exist regarding its Financial Strength (4/10), a P/E ratio significantly higher than its historical median, and a complete absence of insider transactions in the last three months. Investors are advised to consider these factors, as the stock is labeled a "Possible Value Trap."
SM Energy, Transocean, and Valaris Shares Are Falling, What You Need To Know
Shares of SM Energy, Transocean, and Valaris experienced declines following reports that crude oil prices fell due to potential peace talks between the U.S. and Iran, which would unwind the "Hormuz risk" premium. The sector's weakness was exacerbated by Borr Drilling (BORR) missing revenue expectations, impacting high-beta offshore drillers. The article also notes the volatility of Valaris shares, highlighting a previous surge in price due to rising crude oil prices and geopolitical tensions.
SM Energy (NYSE: SM) files Form 144 listing 2021–2024 service‑issued shares
SM Energy (NYSE: SM) has filed a Form 144 to announce the proposed resale of common stock originally issued in lieu of services. The filing lists several grant dates and share amounts, including 3,850 shares for 2024, 6,541 for 2023, and 3,621 for 2022, among others from prior years. This regulatory disclosure informs the market of the intent to sell these shares.
Assessing SM Energy (NYSE:SM) Valuation After Strong Earnings Surprise And Positive Momentum
SM Energy (NYSE:SM) is under valuation scrutiny following strong earnings that beat analyst expectations and significant share price momentum. While a narrative based on earnings multiples suggests SM Energy is 21% overvalued with a fair value of $28.82, a discounted cash flow (DCF) model points to a much higher value of US$308.22, indicating it might be undervalued. This discrepancy highlights differing views on the company's future prospects and risks, prompting investors to conduct their own analysis.
SM Energy Rating Upgraded to Outperform by Raymond James
Raymond James has upgraded SM Energy's rating from Underperform to Outperform with a $55 price target, citing the company as a major beneficiary of rising oil prices due to the Iran war. The company has significantly improved its financial stability by reducing debt after its merger with Civitas, with leverage expected to fall below 1x by Q4. Analysts foresee further shareholder returns and highlight SM Energy's attractive valuation compared to its peer group.
Raymond James upgrades SM Energy stock rating on oil strength
Raymond James upgraded SM Energy (NYSE:SM) to Outperform from Underperform, setting a price target of $55.00 due to the company's strong performance following an increase in oil prices and expectations of reduced debt and increased free cash flow. The stock has seen significant gains, and the company is preparing for share buybacks while trading at attractive valuation multiples compared to peers. SM Energy also reported strong Q1 2026 financial results, surpassing EPS and revenue expectations, and redeemed $400 million in senior notes.
Raymond James upgrades SM Energy stock rating on oil strength By Investing.com
Raymond James upgraded SM Energy (NYSE:SM) to Outperform with a $55 price target, citing its strong performance amidst rising oil prices following the Iran war. The company has significantly reduced debt and expects to achieve a leverage ratio below 1x by Q4 2026, with plans to initiate share buybacks in Q2 2026. Despite a recent stock run, analysts believe a bullish oil outlook presents further upside potential, underscoring the company's financial health and growth prospects.
Are High Oil Prices a Key Driver of SM's Energy Operations?
The article discusses how high West Texas Intermediate (WTI) crude oil prices, trading above $100 per barrel due to the Iran-war shock, are significantly benefiting SM Energy's exploration and production activities. It highlights SM Energy's strong presence in lucrative basins like the Permian and DJ Basins, making its business outlook promising. The article also suggests that other energy giants like Exxon Mobil (XOM) and ConocoPhillips (COP) are similarly positioned to gain from these elevated oil prices.
We Think That There Are More Issues For SM Energy (NYSE:SM) Than Just Sluggish Earnings
SM Energy's recent earnings were subdued, but underlying issues like significant share dilution (109% increase in shares over 12 months) and a 90% profit decrease over three years raise concerns for investors. Unusual items suppressed profit by US$232m last year, but these are often one-off. The article suggests focusing on earnings per share (EPS) due to dilution and considering the impact of unusual items when evaluating the company's performance.
SM Energy Q1 2026 Earnings Beat Estimates on Surging Production - News and Statistics
SM Energy reported strong first-quarter 2026 results, exceeding analyst expectations with revenues of $1.48 billion and adjusted EPS of $1.55, largely due to a significant increase in oil production following its merger with Civitas. Despite a sharp decline in operating margins due to merger-related costs and hedging, the company emphasized its commitment to returning capital to shareholders and continued exploration in key basins like the Permian and Uinta. Executives addressed analyst questions regarding future activity, well productivity, and financial strategy, reiterating a focus on maximizing shareholder value over immediate activity increases.
SM Energy (SM) Is Up 10.7% After Civitas Merger Boosts Output But Swings To Q1 Loss - Has The Bull Case Changed?
SM Energy (SM) reported Q1 2026 results with revenue rising to US$1,479 million but swung to a net loss of US$335 million, despite sharply higher oil, gas, and NGL production due to the Civitas merger. The company raised its 2026 production guidance and accelerated debt reduction, highlighting the positive impact of merger-driven scale and cost synergies. These developments are reshaping the company's operational and financial profile, emphasizing growth, de-risking, and balance sheet resilience.
SM Energy (SM) Is Up 10.7% After Civitas Merger Boosts Output But Swings To Q1 Loss - Has The Bull Case Changed?
SM Energy (SM) saw its stock rise 10.7% after reporting Q1 2026 results that, despite an accounting loss of US$335 million, showed increased revenue and sharply higher oil, gas, and NGL production due to the Civitas merger. The company raised its 2026 production guidance and accelerated debt reduction, emphasizing how the merger is improving its operational and financial outlook. While the quarter presented a loss, the focus remains on whether merger synergies and increased production will lead to sustained cash generation and tighter balance sheet resilience.
CPPIB holds 14,493,791 shares of SM Energy (NYSE: SM) in amended 13G
Canada Pension Plan Investment Board (CPPIB) and its subsidiary CPPIB Crestone Peak Resources Canada Inc. have reported beneficial ownership of 14,493,791 shares of SM Energy (NYSE: SM), representing 6.1% of the total shares outstanding. This disclosure was made in an amended Schedule 13G/A filing dated May 15, 2026. The holding indicates a static beneficial ownership position with shared voting and dispositive power, calculated based on 238,359,166 shares outstanding as of February 2, 2026.
CPPIB affiliate holds 14.49M shares of SM Energy (NYSE: SM) in Schedule 13G
An affiliate of the Canada Pension Plan Investment Board (CPPIB) has reported a 6.1% stake in SM Energy (NYSE: SM) through a Schedule 13G filing. CPPIB Crestone Peak Resources Canada Inc. beneficially owns 14,493,791 shares of Common Stock. This filing indicates a passive investment, with shares outstanding calculated as 238,359,166 as of February 2, 2026.
Assessing SM Energy (SM) Valuation After A 63% Year To Date Rally
SM Energy (SM) has seen significant share price appreciation in 2026, with a 63% year-to-date rally. While a narrative-based valuation suggests it is 8.2% overvalued at $31.17 compared to a fair value of $28.82, a Discounted Cash Flow (DCF) model points to a much higher fair value of $189.99. This discrepancy highlights mixed signals regarding the company's true valuation.
SM Energy Surges 67% in Six Months: Is the Stock Worth Betting on Now?
SM Energy (SM) has seen a significant 67% surge in its stock over the past six months, outperforming the industry and its peers, driven by strong Q1 earnings, the Civitas merger, and high-quality assets in premier shale basins. The company is actively deleveraging by using proceeds from asset divestitures to reduce debt and aims to increase free cash flow, which is expected to boost shareholder returns through buybacks. Despite its recent gains, SM Energy is considered undervalued based on its EV/EBITDA multiple compared to the industry average, making it a "Strong Buy" according to Zacks.
The 5 Most Interesting Analyst Questions From SM Energy’s Q1 Earnings Call
SM Energy exceeded Q1 expectations with a surge in oil production and cost synergies following its merger with Civitas, while maintaining disciplined capital allocation. Analysts focused on future activity given high oil prices, well productivity in key basins, U-turn well success in the Permian, inventory runway, and the balance between debt reduction and share buybacks. The company is poised for continued monitoring of synergy realization, capital allocation, and operational efficiency improvements.
SM Energy redeems $400 million in senior notes due 2026
SM Energy (NYSE:SM) announced the redemption of its entire outstanding $400 million principal amount of 5.000% Senior Notes due 2026, alongside accrued interest. This debt reduction follows strong Q1 2026 financial results where the company surpassed Wall Street expectations with an EPS of $1.55 and revenue of $1.48 billion. Despite strong performance and an "undervalued" classification by InvestingPro analysis, the stock has shown some volatility, influenced by surging crude oil prices.
SM Energy Redeems $400 Million 5.000% 2026 Notes, Terminates Indenture
SM Energy has redeemed all $400 million of its 5.000% Senior Notes due 2026 on May 11, 2026, including accrued interest. This action terminates the related indenture with Computershare Trust Company and simplifies the company's capital structure. The company faced no penalties for the early exit.
PN Bakken: SM Energy feels winter’s wrath with flat first quarter ND output
SM Energy Co. experienced flat first-quarter output from the Bakken petroleum system in 2014, due to weather-related completion delays in the northern Rockies. Despite this, overall production remained strong, with significant growth in its Eagle Ford play and additions of new acreage in the Powder River Basin. The company reported a substantial increase in net income for the first quarter of 2014 compared to the previous year.
SM Energy Redeems 2026 Senior Notes, Simplifies Capital Structure
SM Energy (SM) announced the full redemption of $400 million of its 5.000% Senior Notes due 2026 on May 11, 2026. This action simplifies the company's capital structure by eliminating a near-term debt maturity and cancelling related guarantees. Analysts currently rate SM Energy as a Buy with a $39.00 price target, while TipRanks’ AI Analyst, Spark, rates it as Neutral, citing mixed financial and operational indicators.
SM Energy Co - Redeems All Outstanding 5.000% Senior Notes Due 2026 For $400 Million On May 11, 2026 - SEC Filing
SM Energy Co announced the redemption of all its outstanding 5.000% Senior Notes due 2026. The company redeemed these notes, totaling $400 million, on May 11, 2026. This information was disclosed in an SEC filing.
SM Energy Co - redeems all outstanding 5.000% senior notes due 2026 for $400 million on May 11, 2026 - SEC filing
SM Energy Co announced the redemption of all its outstanding 5.000% senior notes due 2026, totaling $400 million, on May 11, 2026. This information was disclosed in an SEC filing. The company is actively managing its debt, as indicated by recent announcements regarding tender offers and the issuance of new senior notes.
SM Energy redeems $400 million in senior notes due 2026
SM Energy Co (NYSE:SM) announced it redeemed $400 million of its 5.000% Senior Notes due 2026, including accrued interest. This debt reduction follows strong first-quarter financial results for 2026, where the company surpassed Wall Street expectations in EPS and revenue, and its stock has seen a 71% increase over the past six months. The company also maintains a 2.9% dividend yield and has consistently raised its dividend for four consecutive years.
SM Energy Reshapes Post Merger Story With Synergies Cash Flow And Payouts
SM Energy (NYSE: SM) recently reported strong first-quarter 2026 results, showcasing significant progress after its merger with Civitas. The company has increased its annual synergy target to $375 million, raised its fixed dividend by 10%, and used proceeds from a $950 million South Texas asset sale to reduce debt. This strategic reshaping focuses on enhancing scale, optimizing capital structure, and delivering improved shareholder distributions, despite a GAAP net loss driven by derivative losses.
SM Energy Reshapes Post Merger Story With Synergies Cash Flow And Payouts
SM Energy (NYSE:SM) reported Q1 2026 results, highlighting significant progress after its merger with Civitas. The company increased its annual synergy target to $375 million, updated production guidance, and completed a $950 million South Texas asset sale, using proceeds for debt management. The board also approved a 10% dividend increase, signaling confidence in the combined entity's ability to support higher payouts and manage debt while reshaping its capital structure and portfolio.
SM Energy Q1 Earnings Beat on Higher Oil-Equivalent Production
SM Energy reported strong Q1 2026 earnings, surpassing analyst estimates, driven by higher oil-equivalent production following its merger with Civitas. The company also raised its annualized synergy target to $375 million and increased its full-year 2026 production guidance. Additionally, SM Energy announced a 10% increase in its annual fixed dividend and plans to begin share repurchases in Q2.
Is It Too Late To Consider SM Energy (SM) After Its Strong Year To Date Run?
SM Energy (SM) has seen significant share price appreciation year-to-date and over the last year, prompting a valuation analysis. Simply Wall St's Discounted Cash Flow (DCF) model suggests the stock is 78.1% undervalued, estimating an intrinsic value of $132.84 per share compared to its current price of $29.10. However, the Price-to-Earnings (P/E) ratio of 53.26x is higher than the industry and peer averages, indicating it is overvalued on that metric, suggesting a mixed valuation picture.
Is SM Energy (SM) Still Attractive After Strong Year To Date Share Price Gains?
SM Energy (SM) has seen significant share price gains year-to-date, but recent declines prompt a re-evaluation of its attractiveness. A Discounted Cash Flow (DCF) analysis suggests the stock is undervalued by 78.1%, projecting a fair value of US$132.84 per share. However, its current P/E ratio of 53.26x is considerably higher than the industry average, indicating it might be overvalued based on earnings.
Denali Advisors LLC Buys 54,428 Shares of SM Energy Company $SM
Denali Advisors LLC increased its stake in SM Energy Company by 22.2% during the fourth quarter, purchasing an additional 54,428 shares to bring its total holding to 300,000 shares valued at $5.61 million. SM Energy reported strong first-quarter earnings, exceeding expectations with $1.55 EPS on $1.48 billion in revenue, a 75% year-over-year increase. The company also raised its quarterly dividend to $0.22 per share, and analysts maintain a "Moderate Buy" consensus with an average price target of $33.62.
Vanguard Group Inc. Cuts Stock Position in SM Energy Company $SM
Vanguard Group Inc. reduced its stake in SM Energy Company by 2.4% in the fourth quarter, although it still holds a significant 11.8% of the company's shares. SM Energy reported strong quarterly results, exceeding analyst expectations for both earnings and revenue, and increased its quarterly dividend. Analysts currently rate SM Energy as a "Moderate Buy" with an average price target of $33.62.
SM Energy (NYSE:SM) Upgraded at Wall Street Zen
SM Energy (NYSE:SM) has been upgraded from a "hold" to a "buy" rating by Wall Street Zen. This upgrade comes as several other analysts have also issued ratings, with the stock currently holding an average rating of "Moderate Buy" and an average target price of $33.62. The company recently reported strong Q1 earnings, beating analyst consensus estimates, and saw significant increases in institutional investor positions.
SM Energy (SM) Margin Compression Reinforces Bearish Narrative Despite FY 2025 Profitability
SM Energy (SM) concluded FY 2025 with strong revenue and EPS, but its net profit margin decreased significantly from 29.9% to 21.4%, fueling a bearish narrative about tightening profitability. Despite this, skeptical forecasts still anticipate substantial revenue growth and a larger profit pool by 2029, even with slightly lower margins. The company's P/E ratio is below the industry average, and its reliable dividend yield adds to its appeal, but high debt and shareholder dilution raise concerns for critics.
SM Q1 Deep Dive: Merger Integration Drives Production Gains, Margin Pressures Persist
SM Energy reported better-than-expected Q1 CY2026 revenue and adjusted EPS, driven by increased oil production following its merger with Civitas and successful integration efforts. Despite a sharp decline in operating margins due to merger-related costs and commodity hedging, the company plans to initiate share buybacks and reduce debt while maintaining capital discipline. Management remains focused on leveraging synergies, optimizing its asset portfolio, and prioritizing free cash flow acceleration.
SM Energy targets 420,000 BOE/d 2026 production midpoint and plans Q2 share buybacks as synergies goal rises to $375M
SM Energy (SM) has set a 2026 production midpoint target of 420,000 BOE/d, indicating substantial growth. The company also announced plans to initiate share buybacks in Q2 and increased its synergy goal to $375 million, signaling confidence in its financial strategy and operational efficiency. This outlook suggests a focus on both increasing output and returning value to shareholders.
SM Energy Company 2026 Q1 - Results - Earnings Call Presentation (NYSE:SM) 2026-05-07
SM Energy Company (NYSE:SM) released its Q1 2026 earnings, reporting an EPS of $1.55, which beat estimates by $0.42. The company's revenue for the quarter was $1.48 billion, surpassing expectations by $57.25 million and representing a significant 75.12% year-over-year increase. This article presents the slide deck published by SM Energy Company in conjunction with their earnings call.
SM Energy: Q1 Earnings Snapshot
SM Energy Co. (SM) reported a first-quarter loss of $335 million, or $1.68 per share. However, its adjusted earnings of $1.55 per share exceeded Wall Street expectations. The independent oil and gas company also surpassed revenue forecasts, posting $1.48 billion for the period.
SM Energy Company (SM) Stock Rises on Q1 2026 Earnings
SM Energy Company (SM) reported Q1 2026 results with revenues of $1.48 billion, an increase of 75.12% year-over-year, exceeding estimates. Despite the revenue growth, the company recorded an operating loss of $298 million and a net loss of $335 million, with diluted EPS at -$1.68. The stock rose 2.0% post-market, and institutional investors showed mixed activity, while analysts issued a median price target of $33.0.
SM Energy: Q1 Earnings Snapshot
SM Energy Co. reported a first-quarter loss of $335 million, or $1.68 per share. However, adjusted earnings of $1.55 per share surpassed Wall Street estimates of $1.29 per share. The oil and gas company also exceeded revenue forecasts, posting $1.48 billion against an expected $1.44 billion.
Higher output and asset sale reshape SM Energy (NYSE: SM)
SM Energy reported a net loss of $335 million for Q1 2026, primarily due to a non-cash derivative loss, but adjusted net income was $309 million. The company significantly increased its average net daily production to 371.2 MBoe/d and raised its full-year 2026 production guidance while reaffirming capital expenditures. This follows its merger with Civitas Resources and a $950 million sale of South Texas assets, used to reduce debt and refinance existing notes, alongside a 10% increase in its annual fixed dividend.
SM Energy Reports First Quarter 2026 Results
SM Energy (NYSE: SM) reported strong financial and operating results for the first quarter of 2026, driven by accelerated synergies and higher production after its merger with Civitas Resources. The company raised its full-year production guidance and reaffirmed its capital expenditure plan. SM Energy also strengthened its balance sheet by closing a $950 million asset sale and refinancing high-coupon debt, leading to an increased annual fixed dividend and a commitment to share repurchases.
SM Energy (SM) Is Up 6.6% After Fully Redeeming 2026 Notes At Par Has The Bull Case Changed?
SM Energy is fully redeeming US$819 million of its 2026 Senior Notes at par, a move that improves financial flexibility but doesn't address immediate concerns about a weak first-quarter earnings report and challenges with well productivity and drilling inventory. This decision, following the Civitas merger, reshapes the company's financial structure, but investors need to consider whether the previously optimistic analyst forecasts remain valid given the new information and ongoing operational questions.
Does SM Energy’s (SM) 2026 Debt Redemption Clarify Its Long-Term Drilling Strategy Or Cloud It?
SM Energy recently redeemed US$819 million in senior notes due 2026, a move that tidies its near-term debt. However, the redemption doesn't address ongoing concerns about future well productivity and expected weaker first-quarter earnings. The company's investment narrative now hinges on its ability to translate its expanded footprint and higher production volumes into consistent earnings, particularly given scrutiny on inventory quality in its basins.
Earnings Flash (SM) SM Energy Company Reports Q1 Revenue $1.48B, vs. FactSet Est of $1.42B
SM Energy Company (SM) reported Q1 revenue of $1.48 billion, surpassing the FactSet consensus estimate of $1.42 billion. The announcement was made on May 6, 2026, and follows related news of the company's adjusted earnings fall and adjusted EPS.
SM Energy (NYSE:SM) Exceeds Q1 CY2026 Expectations
SM Energy (NYSE: SM) reported Q1 CY2026 results that surpassed Wall Street's revenue expectations, with sales increasing by 75.1% year-on-year to $1.48 billion. However, the company posted a GAAP loss of $1.68 per share, significantly missing analyst estimates, and its Adjusted EBITDA also fell short. Despite strong revenue growth and oil production, the company experienced a decline in operating margin and free cash flow margin compared to the previous year.
Does SM Energy’s (SM) 2026 Debt Redemption Clarify Its Long-Term Drilling Strategy Or Cloud It?
SM Energy recently announced the full redemption of US
SM Energy Stock Slumps Ahead of Tough Earnings
SM Energy (SM) stock is experiencing volatility and declining ahead of its Q1 2026 earnings report, with expectations of sharply reduced profits year-over-year. This downturn is exacerbated by a broader slump in oil stocks, falling crude prices, and analyst concerns regarding slowing well productivity and the company's long-term drilling inventory. Analysts have adjusted their views and targets downwards, further contributing to the stock's pressure.
SM Energy gears up to report Q1 earnings: Time to buy or exit?
This article from MSN discusses SM Energy's upcoming Q1 earnings report. It poses the question of whether investors should buy or sell the stock in anticipation of this announcement. The content is essentially a headline from MSN, without any detailed article text.
What To Expect From SM Energy’s (SM) Q1 Earnings
SM Energy (NYSE:SM) is scheduled to announce its Q1 earnings this Wednesday after market hours. The market expects a 65.6% year-on-year revenue growth, an improvement from the previous year, although analysts have shown increasing bearishness. The stock is up 3% over the last month, with an average analyst price target of $37.62 compared to its current price of $31.37.
Assessing SM Energy (SM) Valuation After South Texas Asset Sale And Debt Redemption
SM Energy (SM) recently completed a US$950 million sale of its South Texas assets, using most of the proceeds to redeem its 2026 Senior Notes. Despite a recent surge in stock price and trading below the average analyst target, Simply Wall St's narrative suggests the stock is 5.7% overvalued at $28.82, while its P/E ratio is lower than the industry average, indicating a potential pricing gap. Investors are advised to consider various factors and potential risks, including logistics and capital spending, before making investment decisions.
