SM
SM Energy Company
NYSEUSDEQUITY
Energy
DELAYED
Buy
+41/100
Last price
35.10
▲ 0.05 (0.14%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
35.05
Prev close
35.05
Day high
35.34
Day low
34.46
Volume
2.34M
Market cap
$8.35B
P/E (TTM)
6.21
52W range
17.45 – 41.56
Day trading desk
Gap from prior close
+0.00%
Prior close 35.05
VWAP
35.10
-0.01% from price
Relative volume
1.40×
Normal
Session range
2.57%
34.46 – 35.34
Position in range
73%
Near session high
ATR (14D)
1.36
3.87% of price
Prior day high
35.82
PDH
Prior day low
34.49
PDL
Bid / ask spread
—
Quote not published
Session volume
5.24M
Avg 3.75M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+6.01%
+4.1%
1M
-3.68%
-4.8%
3M
+20.58%
+16.1%
6M
+11.96%
-6.2%
YTD
+87.70%
+73.5%
1Y
+35.78%
+19.4%
3Y
-11.48%
-93.7%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on SM open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
+152.76K
Net buying
Buy transactions
18
198.46K shares
Sell transactions
3
45.70K shares
Net transactions
+21
Buys less sells
Sell : buy shares
0.2 : 1
Mixed
Insider-held shares
2.20M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 10, 26 | VENKATRAMAN ASHWIN Director |
SELL | 3.65K | $139.72K | Direct |
| Aug 21, 26 | LEBECK JAMES BARKER General Counsel |
SELL | 17.50K | $647.85K | Direct |
| Aug 21, 26 | PURSELL ALAN WADE Chief Financial Officer |
STOCK | 5.00K | $0 | Direct |
| Jul 24, 26 | LEBECK JAMES BARKER General Counsel |
— | 7.52K | — | Direct |
| Jul 24, 26 | PURSELL ALAN WADE Chief Financial Officer |
— | 16.92K | — | Direct |
| Jul 1, 26 | MCDONALD ELIZABETH ANNE Chief Executive Officer |
— | 24.41K | — | Direct |
| Jul 1, 26 | LEBECK JAMES BARKER General Counsel |
— | 22.26K | — | Direct |
| Jul 1, 26 | BENNETT ALAN D Officer |
— | 3.50K | — | Direct |
| Jul 1, 26 | MCKENNA BLAKE DOUGLAS Chief Operating Officer |
— | 4.16K | — | Direct |
| Jul 1, 26 | PURSELL ALAN WADE Chief Financial Officer |
— | 37.40K | — | Direct |
| Jun 22, 26 | WILLARD HOWARD A III Director |
STOCK | 9.02K | $0 | Direct |
| Jun 22, 26 | VAN KEMPEN WOUTER T Director |
STOCK | 6.17K | $0 | Direct |
| Jun 22, 26 | HELMS LLOYD W JR Director |
STOCK | 9.02K | $0 | Direct |
| Jun 22, 26 | CLARK MORRIS R. J.D. Director |
STOCK | 6.17K | $0 | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BAILO CARLA JEAN |
Director | 106.83K | Stock Award(Grant) |
FOX CARRIE M |
Director | 98.05K | Stock Award(Grant) |
KNOTT KENNETH J. |
Officer | 134.24K | Conversion of Exercise of derivative security |
PERU RAMIRO G |
Director | 72.13K | Stock Award(Grant) |
PURSELL ALAN WADE |
Chief Financial Officer | 426.53K | Stock Gift |
QUINTANA JULIO MANUEL |
Director | 120.19K | Stock Award(Grant) |
SULLIVAN WILLIAM D |
Director | 105.09K | Stock Award(Grant) |
VAN KEMPEN WOUTER T |
Director | 141.55K | Stock Award(Grant) |
VOGEL HERBERT S |
Chief Executive Officer | 536.08K | Conversion of Exercise of derivative security |
WILLARD HOWARD A III |
Director | 81.99K | Stock Award(Grant) |
Fundamentals
Market cap$8.35B
Enterprise value$15.16B
Revenue (TTM)$4.96B
Gross profit$4.29B
EBITDA$3.20B
Net income$1.00B
EPS (TTM)$5.65
Free cash flow$1.47B
Total cash$620.00M
Total debt$7.43B
Book value / share$32.90
Shares outstanding237.85M
Float222.75M
Short % of float6.62%
Dividend yield2.51%
Beta (5Y)0.96
Valuation & profitability ratios
Trailing P/E6.21
Forward P/E4.36
PEG ratio0.59
Price / sales—
Price / book1.07
EV / revenue3.06
EV / EBITDA4.73
Gross margin86.46%
Operating margin60.32%
Profit margin20.15%
Return on equity16.13%
Return on assets6.90%
Debt / equity95.14
Current ratio0.62
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $3.14B | $2.67B | $2.36B | $3.35B | +17.5% |
| Operating revenue | $3.14B | $2.67B | $2.36B | $3.35B | +17.5% |
| Cost of revenue | $2.09B | $1.45B | $1.25B | $1.22B | +44.7% |
| Gross profit | $1.05B | $1.23B | $1.11B | $2.12B | -14.6% |
| Selling, general & admin | $161.00M | $138.00M | $121.00M | $114.56M | +16.7% |
| Total operating expense | $224.00M | $199.00M | $191.00M | $167.72M | +12.6% |
| Operating income | $822.00M | $1.03B | $919.00M | $1.95B | -19.9% |
| Net interest income | -$170.00M | -$109.00M | -$72.00M | -$114.57M | -56.0% |
| Pre-tax income | $830.00M | $966.00M | $914.00M | $1.40B | -14.1% |
| Tax provision | $182.00M | $196.00M | $96.00M | $283.82M | -7.1% |
| Net income | $648.00M | $770.00M | $818.00M | $1.11B | -15.8% |
| Net income to common | $648.00M | $770.00M | $818.00M | $1.11B | -15.8% |
| Basic EPS | 5.65 | 6.71 | 6.89 | 9.09 | -15.8% |
| Diluted EPS | 5.64 | 6.67 | 6.86 | 8.96 | -15.4% |
| EBIT | $1.00B | $1.11B | $1.01B | $1.52B | -9.4% |
| EBITDA | $2.21B | $1.92B | $1.70B | $2.12B | +15.3% |
| Basic shares | 115.00M | 114.76M | 118.68M | 122.35M | +0.2% |
| Diluted shares | 115.00M | 115.53M | 119.24M | 124.08M | -0.5% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $368.00M | $0 | $616.16M | $445.00M | — |
| Cash & short-term investments | $368.00M | $0 | $616.16M | $445.00M | — |
| Total current assets | $811.00M | $435.00M | $916.44M | $737.20M | +86.4% |
| Property, plant & equipment | $8.20B | $7.99B | $5.38B | $4.88B | +2.6% |
| Total assets | $9.25B | $8.58B | $6.38B | $5.72B | +7.9% |
| Total current liabilities | $1.17B | $790.00M | $633.81M | $598.58M | +48.0% |
| Current debt | $419.00M | — | — | — | — |
| Long-term debt | $2.30B | $2.78B | $1.58B | $1.57B | -17.3% |
| Total debt | $2.71B | $2.78B | $1.58B | $1.57B | -2.2% |
| Total liabilities | $4.44B | $4.34B | $2.76B | $2.63B | +2.4% |
| Retained earnings | $3.29B | $2.73B | $2.05B | $1.31B | +20.3% |
| Shareholder equity | $4.81B | $4.24B | $3.62B | $3.09B | +13.5% |
| Working capital | -$358.00M | -$355.00M | $282.63M | $138.62M | -0.8% |
| Net tangible assets | $4.81B | $4.24B | $3.62B | $3.09B | +13.5% |
| Shares issued | 114.63M | 114.46M | 115.75M | 121.93M | +0.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $648.00M | $770.00M | $818.00M | $1.11B | -15.8% |
| Stock-based compensation | $29.00M | $25.00M | $20.00M | $18.77M | +16.0% |
| Change in working capital | $14.00M | $10.00M | -$4.00M | -$72.06M | +40.0% |
| Operating cash flow | $2.01B | $1.78B | $1.57B | $1.69B | +12.8% |
| Capital expenditure | -$1.47B | -$3.42B | -$1.10B | -$879.94M | +56.9% |
| Investing cash flow | -$1.47B | -$3.41B | -$1.10B | -$880.26M | +56.9% |
| Share buybacks | -$13.00M | -$86.00M | -$228.00M | -$57.21M | +84.9% |
| Dividends paid | -$92.00M | -$85.00M | -$72.00M | -$19.64M | -8.2% |
| Financing cash flow | -$175.00M | $1.01B | -$305.00M | -$693.86M | -117.4% |
| Free cash flow | $539.00M | -$1.63B | $475.00M | $806.47M | +133.0% |
| End cash position | $368.00M | $0 | $616.00M | $445.00M | — |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $2.16B | $1.48B | $702.29M | $811.01M | $785.00M | +46.0% |
| Operating revenue | $2.16B | $1.48B | $702.29M | $811.01M | $785.00M | +46.0% |
| Cost of revenue | $1.15B | $860.00M | $525.62M | $554.41M | $517.00M | +33.5% |
| Gross profit | $1.01B | $617.00M | $176.67M | $256.60M | $268.00M | +63.4% |
| Selling, general & admin | $79.00M | $174.00M | $40.25M | $39.32M | $42.00M | -54.6% |
| Total operating expense | $46.00M | $218.00M | $65.78M | $55.60M | $51.00M | -78.9% |
| Operating income | $962.00M | $399.00M | $110.89M | $201.00M | $217.00M | +141.1% |
| Net interest income | -$111.00M | -$113.00M | -$41.25M | -$42.11M | -$43.00M | +1.8% |
| Pre-tax income | $1.39B | -$410.00M | $141.20M | $204.29M | $253.00M | +438.8% |
| Tax provision | $318.00M | -$75.00M | $32.23M | $49.20M | $51.00M | +524.0% |
| Net income | $1.07B | -$335.00M | $108.98M | $155.09M | $202.00M | +419.7% |
| Net income to common | $1.07B | -$335.00M | $108.98M | $155.09M | $202.00M | +419.7% |
| Basic EPS | 4.48 | -1.68 | 0.95 | 1.35 | 1.76 | +366.7% |
| Diluted EPS | 4.46 | -1.68 | 0.95 | 1.35 | 1.76 | +365.5% |
| EBIT | $1.50B | -$297.00M | $184.33M | $247.23M | $296.00M | +605.1% |
| EBITDA | $2.09B | $135.00M | $503.07M | $572.49M | $589.00M | +1,449.6% |
| Basic shares | 239.00M | 199.00M | 115.00M | 114.83M | 114.52M | +20.1% |
| Diluted shares | 240.00M | 199.00M | 115.00M | 115.23M | 114.79M | +20.6% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Cash & equivalents | $620.00M | $449.00M | $368.00M | $162.25M | $101.88M | — | +38.1% |
| Cash & short-term investments | $620.00M | $449.00M | $368.00M | $162.25M | $101.88M | — | +38.1% |
| Accounts receivable | $989.00M | $915.00M | — | $367.69M | $364.30M | $382.95M | +8.1% |
| Total current assets | $1.90B | $1.67B | $811.00M | $632.96M | $575.09M | — | +13.7% |
| Property, plant & equipment | $16.55B | $16.43B | $8.20B | $8.26B | $8.26B | — | +0.7% |
| Total assets | $18.86B | $19.14B | $9.25B | $9.09B | $8.99B | — | -1.5% |
| Total current liabilities | $3.09B | $4.28B | $1.17B | $1.14B | $837.95M | — | -27.8% |
| Current debt | $416.00M | $1.24B | $419.00M | $418.59M | — | — | -66.3% |
| Long-term debt | $6.62B | $6.74B | $2.30B | $2.29B | $2.71B | — | -1.8% |
| Total debt | $7.04B | $7.98B | $2.71B | $2.71B | $2.71B | — | -11.8% |
| Total liabilities | $11.04B | $12.28B | $4.44B | $4.38B | $4.40B | — | -10.0% |
| Retained earnings | $3.92B | $2.90B | $3.29B | $3.21B | $3.07B | — | +35.1% |
| Shareholder equity | $7.81B | $6.87B | $4.81B | $4.71B | $4.59B | — | +13.8% |
| Working capital | -$1.19B | -$2.61B | -$358.00M | -$502.37M | -$262.86M | — | +54.4% |
| Net tangible assets | $7.81B | $6.87B | $4.81B | $4.71B | $4.59B | — | +13.8% |
| Shares issued | 237.49M | 239.70M | 114.63M | 114.55M | 114.63M | — | -0.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | $1.07B | -$335.00M | $108.98M | $155.02M | $202.00M | — | +419.7% |
| Stock-based compensation | $11.00M | $25.00M | $8.04M | $7.96M | $6.00M | — | -56.0% |
| Change in working capital | -$118.00M | -$31.00M | $28.87M | -$52.87M | $70.00M | — | -280.6% |
| Operating cash flow | $1.10B | $640.00M | $451.91M | $505.09M | $571.00M | — | +72.3% |
| Capital expenditure | -$754.00M | -$555.00M | -$228.76M | -$419.24M | -$410.00M | — | -35.9% |
| Investing cash flow | $143.00M | -$628.00M | -$224.23M | -$404.77M | -$410.00M | — | +122.8% |
| Share buybacks | — | — | -$224.00K | -$11.78M | -$648.00K | $0 | — |
| Dividends paid | -$53.00M | -$82.00M | -$23.22M | -$22.78M | -$23.00M | — | +35.4% |
| Financing cash flow | -$1.07B | $69.00M | -$21.94M | -$40.06M | -$59.00M | — | -1,658.0% |
| Free cash flow | $349.00M | $85.00M | $223.15M | $85.85M | $161.00M | — | +310.6% |
| End cash position | $620.00M | $449.00M | $368.00M | $162.25M | $102.00M | — | +38.1% |
Options analytics
Put / call volume
0.67
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
20.00
-43.0% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
142
Contracts, this expiry
Put volume
95
Contracts, this expiry
Heaviest call OI
25.00
0 contracts
Heaviest put OI
20.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 1.95 | 2.19 | +12.0% |
| Mar 2026 | 1.13 | 1.55 | +37.8% |
| Dec 2025 | 0.83 | 0.83 | +0.2% |
| Sep 2025 | 1.25 | 1.33 | +6.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.76 | 15 | $1.95B | +140.2% |
| Next quarter | 1.94 | 14 | $2.00B | +183.3% |
| Current year | 7.47 | 17 | $7.67B | +143.2% |
| Next year | 7.72 | 9 | $7.66B | -0.1% |
Analyst targets & ownership
Mean target$43.76
High target$58.00
Low target$32.00
Implied upside24.69%
Analyst count17
ConsensusBUY
Strong buy / Buy2 / 9
Hold5
Sell / Strong sell1 / 0
Held by insiders0.92%
Held by institutions99.81%
Institutions holding640
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
34.42
+1.97% from price
SMA 20
35.98
-2.44% from price
SMA 50
34.91
+0.53% from price
SMA 100
32.63
+7.56% from price
SMA 200
28.53
+23.04% from price
EMA 12
35.02
+0.23% from price
EMA 26
35.33
-0.66% from price
EMA 50
34.67
+1.23% from price
RSI (14)
48.8
Neutral
MACD (12,26,9)
-0.31
Hist -0.16
ATR (14)
1.36
3.87% of price
Realised vol 30D
45.8%
Annualised
Bollinger upper
40.29
20, 2σ
Bollinger lower
31.66
20, 2σ
50 / 200 cross
Golden
34.91 vs 28.53
Trend bias
Above 200
+23.04%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
-0.78
Less volatile than market
Correlation to SPY
-0.20
Largely independent
Realised vol 30D
45.8%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-30.8%
Peak to trough
Max drawdown 5Y
-67.7%
Peak to trough
ATR 14
1.36
3.87% of price
Beta (reported)
0.96
5Y monthly, from filing
Short interest
Shares short
13.48M
Prior 14.61M
Change vs prior
-7.7%
Shorts covering
% of float
6.62%
Normal
% of shares out
5.67%
Against total outstanding
Days to cover
3.7
Liquid
Float
222.75M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Sep 15, 26 | Keybanc | MAINTAINED | Overweight | Overweight |
| Sep 14, 26 | UBS | MAINTAINED | Buy | Buy |
| Sep 3, 26 | Seaport Global | INITIATED | — | Sell |
| Aug 13, 26 | Wells Fargo | UPGRADE | Equal-Weight | Overweight |
| Aug 10, 26 | Truist Securities | MAINTAINED | Buy | Buy |
| Jul 21, 26 | Raymond James | MAINTAINED | Outperform | Outperform |
| Jul 21, 26 | Susquehanna | MAINTAINED | Neutral | Neutral |
| Jul 15, 26 | UBS | INITIATED | — | Buy |
| Jul 7, 26 | Truist Securities | MAINTAINED | Buy | Buy |
| Jul 7, 26 | Stephens & Co. | MAINTAINED | Overweight | Overweight |
| Jul 7, 26 | Mizuho | MAINTAINED | Outperform | Outperform |
| Jun 22, 26 | Roth Capital | UPGRADE | Neutral | Buy |
Dividends & splits
Forward rate$0.88 / yr
Forward yield2.51%
5-year avg yield0.23%
Payout ratio18.44%
Ex-dividend dateSep 4, 2026
Next pay dateSep 21, 2026
Last split2:1
Split dateApr 1, 2005
SEC filings
Specialized Disclosure Report filed pursuant to Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act relating to the use of conflict minerals (Rule 13p-1)
SD · 2026-09-15
Corporate Changes & Voting Matters
8-K · 2026-09-04
Periodic Financial Reports
10-Q · 2026-08-06
Corporate Changes & Voting Matters
8-K · 2026-08-05
Corporate Changes & Voting Matters
8-K · 2026-07-16
Corporate Changes & Voting Matters
8-K · 2026-06-01
Corporate Changes & Voting Matters
8-K · 2026-05-22
Corporate Changes & Voting Matters
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Headlines
SM Energy Schedules Third Quarter 2026 Conference Call for November 4, 2026
PR Newswire · 1d ago
SM Energy (SM), Why Is It Back In The Spotlight?
Simply Wall St. · 4d ago
2 Russell 2000 Stocks with Solid Fundamentals and 1 We Find Risky
StockStory · 5d ago
Investors Heavily Search SM Energy Company (SM): Here is What You Need to Know
Zacks · 6d ago
SM Investments makes case for long-term thinking amid rapid change
PR Newswire · 7d ago
SM Investments makes case for long-term thinking amid rapid change
PR Newswire · 7d ago
SM Energy (SM) Falls More Steeply Than Broader Market: What Investors Need to Know
Zacks · 7d ago
SM Energy (SM) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks · 8d ago
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