Pulling SEC filings + quote and writing the call…
Pulling SEC filings + quote and writing the call…

SM Energy Co
Next earnings Jul 29, 2026 · consensus $1.83 EPS, $1.99B rev
Last earnings -8.5% on 2026-05-06
Cheap, cash-rich oil & gas producer at under 5x earnings, but commodity-cyclical with falling profit and heavy share dilution.
Sources: SEC EDGAR (CIK 0000893538, latest 10-Q filed 2026-05-07) · EODHD · analysis by claude-code · as of 6/21/2026, 8:55:43 PM.
Research and education only — not financial advice. Calls are generated from SEC filings and a delayed/third-party price feed, may be wrong or out of date, and are not a recommendation to buy or sell any security. Do your own research.
Middling fundamentals offset by an attractive price (~106% below fair value) — worth a look on the value angle.
SM Energy is an independent oil & gas exploration-and-production company. On trailing numbers it screens cheap: a 4.8x P/E and 2.1x P/S, backed by strong cash generation — operating cash flow of $2.01B (up 12.8%) and a 31.7% operating margin. Revenue grew 17.2% to $3.15B in FY2025, reflecting higher production, and the balance sheet is reasonable with $4.81B of equity, $368M cash and moderate debt. Return on equity is 13.5% and the company pays a growing dividend ($92M, up 8.2%).
The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $2.62B | $3.36B | $2.37B | $2.69B | $3.15B |
| Gross profit | — | — | — | — | — |
| Operating income | $209M | $1.58B | $987M | $1.08B | $1.00B |
| Net income | $36.2M | $1.11B | $818M | $770M | $648M |
| Diluted EPS | $0.29 | $8.96 | $6.86 | $6.67 | $5.64 |
| Net margin | 1.4% | 33.1% | 34.5% | 28.6% | 20.5% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
1482 tracked peers · median
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Last 90 days: 0 open-market buys · 1 sale
| 2026-05-21 | PERU RAMIRO G Director | Sell | 24.6K @ $33.98 | $834K |
| 2026-03-12 | PURSELL A WADE EVP & CFO | Gift | 7.50K | |
| 2026-02-05 | van Kempen Wouter T. Director | Tax | 75.2K @ $18.87 | $1.42M |
| 2026-01-23 | Lebeck James Barker EVP Corp Development & GC | Exercise | 14.7K | |
| 2026-01-23 | Lebeck James Barker EVP Corp Development & GC | Tax | 6.79K @ $18.75 | $127K |
| 2025-12-31 | PURSELL A WADE EVP & CFO | Acquired (J) | 184.00 @ $15.96 | $2.94K |
| 2025-09-09 | McDonald Elizabeth Anne President & COO | Exercise | 9.69K | |
| 2025-09-09 | McDonald Elizabeth Anne President & COO | Tax | 4.24K @ $26.71 | $113K |
| 2025-07-24 | Vogel Herbert S President & CEO | Exercise | 28.7K | |
| 2025-07-24 | Vogel Herbert S President & CEO | Tax | 12.6K @ $24.71 | $311K |
| 2025-07-24 | Knott Kenneth J. SVP - Bus Dev & Land | Exercise | 3.46K | |
| 2025-07-24 | Knott Kenneth J. SVP - Bus Dev & Land | Tax | 843.00 @ $24.71 | $20.8K |
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.