SM

SM Energy Co

$27.81 -0.53 (-1.87%) At close · Jul 10

Market Cap

$6.67B

239,748,701

Up next

Next earnings call

Jul 19, 2026 Est · unconfirmed · in 1 wks

FQ3-26 quarter ends

~Sep 30, 2026 Est

Latest filing: 10-Q

filed May 7, 2026

AI Brief

TL;DR.

Bullish

Bearish

AI-generated from the earnings call and 8-K · may contain errors · not investment advice

Equibles Rating blended score · not investment advice

Overall

Neutral

SellHoldBuy

Technical Neutral Momentum Strong Sentiment Bearish Fundamentals Strong Quant / Vol Very High

Market backdrop VIX 15 · calm Equity put/call 0.55

Technical

price trend

Neutral

50 / 200-day cross No cross

Price vs 200-day avg +13%

above

Price vs 50-day avg −8%

below

RSI (14) 46

neutral

MACD trend Positive

52-week position 57%

mid-range

Volume (OBV) Confirms

volume backs price

Momentum

relative strength

Strong

1-month return −15%

trailing

6-month return +53%

trailing

YTD return +50%

this year

Relative strength +44%

vs S&P · 6-mo

Sentiment

smart money

Bearish

Trend (MA cross) No cross

50d $30 › 200d $25 — 50d above 200d

Institutional flow Distributing

21 of 516 funds reported for Jun 30 · net -109.6K sh shares

Insider flow Distributing

Net -$834.3K over 90 days · 100% sells

Short interest Rising

5.59% of float · ▲ +0.4% MoM · 3.3 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

516 holders — near 3-yr high, broad support

Squeeze score 56

elevated · 0–100

Fundamentals

Strong

Revenue growth +17%

Y/Y

EPS growth −15%

Y/Y

Valuation P/E 11.7

below peers

Buyback $488.0M

remaining

Balance sheet $1.7B

net debt

Quant / Vol

risk profile

Very High

Volatility 49%

annualized · 1-yr

Max drawdown −38%

past year

ATR 4.5%

of price · 14-day

Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

Guidance & track record what management promised — and delivered

Latest guidance · from the 8-K filed May 6, 2026

Capital Expenditures · Full Year 2026 Non-GAAP Initiated $2,650 – $2,850

Lease Operating Expense · Full Year 2026 Initiated $7 – $7

Transportation · Full Year 2026 Initiated $4 – $4

Ad Valorem Taxes · Full Year 2026 Initiated $1

DD&A · Full Year 2026 Initiated $13 – $15

Recurring G&A · Full Year 2026 Initiated $280 – $300

Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

Technicals

trend & momentum for long-term holders Neutral

1 · 4 · 2

50 / 200-day cross

No cross Neutral

Price vs 200-day avg

+13% Bullish

Price vs 50-day avg

−8% Bearish

RSI (14)

46 Neutral

MACD trend

Positive Bullish

52-week position

57% Neutral

Volume (OBV)

Confirms Neutral

Market signals — smart money & positioning

Bearish · 3 of 6

Trend (MA cross) No cross

50d $30 › 200d $25 — 50d above 200d

Institutional flow Distributing

21 of 516 funds reported for Jun 30 · net -109.6K sh shares

Insider flow Distributing

Net -$834.3K over 90 days · 100% sells

Short interest Rising

5.59% of float · ▲ +0.4% MoM · 3.3 days cover

Volume signal Normal

Volume near normal

Institution breadth Multi-yr high

516 holders — near 3-yr high, broad support

Price context

position in its 52-week range

52-wk low $17 Now $28 · 57% 52-wk high $36

vs 200-day avg +13% vs 50-day avg -8%

Illustrative technical + ownership context — a signal mix, not investment advice.

Key metrics

the company's own KPIs, from its earnings releases, calls, and filings

Metric	Latest	Period	YoY
Actioned synergies to date	$300M	Q1 2026	—
Annualized run-rate synergy target	$375M	Q1 2026	—
Capital expenditures before changes in accruals non-GAAP	$672M	Q1 2026	—
Operating cash flow before net change in working capital non-GAAP	$692M	Q1 2026	—
Production	371.2	Q1 2026	—
Total liquidity	$2.9B	As of March 31, 2026	—
absolute debt reduction since Civitas close	$700M	since January 2026 call	—
adjusted EBITDAX non-GAAP	$970M	Q1 2026 call	—
adjusted free cash flow non-GAAP	$20M	Q1 2026 call	—
adjusted net income non-GAAP	$309M	Q1 2026 call	—
adjusted net income per diluted share non-GAAP	$1.55	Q1 2026 call	—
borrowing base	$5B	Q1 2026 call	—
capital expenditures	$672M	Q1 2026 call	—
DJ simul-frac completion efficiency improvement	25%	Q1 2026 call	—
integration and transaction cash costs	$180M	Q1 2026 call	—
merger synergies actioned	$300M	Q1 2026 call	—
Permian completion efficiency improvement	4%	Q1 2026 call	—
Permian net wells turned in line	25	Q1 2026 call	—
South Texas completion efficiency improvement	6%	Q1 2026 call	—
South Texas divestiture net proceeds	$900M	April 2026 call	—
Uinta cash production margin	$40	Q1 2026 call	—
Average daily net production	206.8	Full-year 2025	—
Net production	75.5	Full-year 2025	—

Figures exactly as the company stated them · click a metric with a to chart its history · period links open the stating document · "call" marks figures stated on the earnings call, "filing" figures stated in the 10-K/10-Q · YoY needs the prior-year figure on file

Versus peers

Oil & Gas E&P — same industry group

Open screener →

Company	Mkt cap	YTD	Rev growth Y/Y	P/E	Short % shares
SM SM Energy Co this stock	$6.67B	+50.0%	+17.2%	11.7	5.6%
COP Conocophillips	$132.84B	+17.4%	+7.7%	18.5	1.6%
CNQ CANADIAN NATURAL RESOURCES Ltd	$87.20B	+26.0%	—	—	4.6%
EOG Eog Resources Inc	$71.43B	+28.9%	-4.5%	13.2	3.6%
TRMOY Tourmaline Oil Corp/ADR	$54.17B	—	—	—	0.0%

Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

At a glance

key data from every section

Ownership

Institutional Holders Reducing

Holders

514

% held: 90.0%
Reported: 21 of 516
Top holder: BlackRock, Inc.

Held Float

View

Held by Funds

Fund positions

381

View

Short & Settlement

Short Interest Rising

Shares short

13.4M

Days to cover: 3.3d
Change: +48.3K sh

View

Short Volume

Short vol %

64%

As of: Jul 10, 2026

Short Total

View

Fails to Deliver

FTD shares

Value: $1.2K
As of: Jun 12, 2026

View

Off-Exchange

Off-exchange %

48.0%

Week of: May 4, 2026

Off-exch Lit

View

Smart Money

Insider Trades Net selling

Net (90d)

-$834.3K

Buyers / Sellers: 0 / 1

Buyers Sellers

View

Congressional Trades Sell

Member

Christopher L. Jacobs

Amount: $1.0K–$15.0K
Traded: Jul 18, 2022

View

Financials

Revenue (FY)

$3.2B

Net income (FY): $648.0M
EPS diluted: $5.64

View

Buybacks

Authorized

$500.0M

Remaining: $488.0M

Spent Remaining

View

Filings

SEC Filings

Latest

8-K

Filed: Jun 1, 2026
This year: 21

View

Proposed Sales

Value

$117.3K

Shares: 3.6K
Filed: May 18, 2026

View

Earnings & Events

Earnings Calls

Last call

Jun 23, 2026

View

Investor Relations

Upcoming events

View

Performance

	5D	20D	120D	MTD	YTD
SM	+3.6%	-15.3%	+52.9%	+6.6%	+50.0%
SPY	+1.4%	+4.1%	+9.1%	+1.1%	+10.7%
vs SPY	+2.2%	-19.4%	+43.9%	+5.5%	+39.3%

Capital returns

Latest dividend

$0.22 / share · ex Jun 8, 2026

Raised 10%

Paid (TTM)

$1.04 / share · 5 payouts

Dividend yield (TTM, derived)

3.74%

Buyback program · as of Mar 31, 2026

Authorized

$500.00M

Spent (derived)

$12.00M

Remaining

$488.00M

Spent Remaining

Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

Key facts CIK 893538 CUSIP 78454L100 13F (30d) 20 filings 20 filers Visit website Investor relations

SM

Price & Indicators

Technicals

Key metrics

Versus peers

At a glance

Performance

Capital returns