NYSE · Oil & Gas E&P · USD

SM Energy Company (SM) Stock Analysis

SM Energy Company (SM) is a Oil & Gas E&P stock listed on NYSE and quoted in US Dollar.

Last Updated: October 21, 2026

$38.61

−$0.24 (−0.62%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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SM Key Statistics

As of Oct 21, 2026

Trading

Open: $38.74
Previous Close: $38.85
Day's Range: 38.19–39.11
52-Week Range: 17.45–41.56
Volume: 2.18M
Beta: 0.96

Valuation

Market Cap: $9.18B
P/E Ratio: 6.85
Forward P/E: 4.49
PEG Ratio: 0.54
P/S ratio: 1.85
EPS (ttm): 5.64

Financials (FY)

Revenue (FY): $3.14B+17.48%
Net Income (FY): $648.00M−15.84%
Profit margin: 20.15%
Shares Outstanding: 237.85M
1-Year Return: +92.55%

Dividend and dates

Dividend: $0.88+2.27%
Ex-Dividend Date: September 4, 2026
Earnings Date: November 3, 2026
Avg Volume: 3.60M

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, SM closed at $38.61, +92.55% over 1 year.

SM Energy Company (SM) has a market capitalization of $9.18B.

In fiscal 2025, SM reported revenue of $3.14B.

SM Stock Return by Calendar Year

SM Energy Company (SM) 10-year return: what $10,000 became

1 year: $10,000 $19,255; +92.55%
5 years: $10,000 $14,272; +42.72%
10 years: $10,000 $11,133; +11.33%

If you had invested $10,000 in SM Energy Company (SM) 10 years ago, at the close on October 21, 2016, it would have been worth $11,133 at the close on October 21, 2026: +11.33% in total, +1.08% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+382.15%−49.72%+109.67%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+109.67%
2025	−49.72%
2024	+1.84%
2023	+13.14%
2022	+18.58%
2021	+382.15%
2020	−44.85%
2019	−26.72%
2018	−29.60%
2017	−35.65%
2016 (partial year)	+11.15%

As of October 21, 2026.

SM Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$3.14B	$648.00M	20.7%
2024	$2.67B	$770.00M	28.8%
2023	$2.36B	$818.00M	34.6%
2022	$3.35B	$1.11B	33.2%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$3.14B	$1.05B	$822.00M	$648.00M	20.7%
2024	$2.67B	$1.23B	$1.03B	$770.00M	28.8%
2023	$2.36B	$1.11B	$919.00M	$818.00M	34.6%
2022	$3.35B	$2.12B	$1.95B	$1.11B	33.2%

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

SM Dividend History

’17’18’19’20’21’22’23’24’25’26*

$1.00+35.1% vs 2024

Dividends per share, 2025 · 5 payments

Year	Dividends per share	Payments	Change
2026*	$0.66	3	—
2025	$1.00	5	+35.1%
2024	$0.74	4	+23.3%
2023	$0.60	4	+275.0%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.66	3	—
2025	$1.00	5	+35.1%
2024	$0.74	4	+23.3%
2023	$0.60	4	+275.0%
2022	$0.16	2	+700.0%
2021	$0.02	2	+0.0%
2020	$0.02	2	−80.0%
2019	$0.10	2	+0.0%
2018	$0.10	2	+0.0%
2017	$0.10	2	—

Most recent payment: $0.22 per share, ex-dividend September 4, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

SM Valuation vs Oil & Gas E&P Median

Median of 116 stocks

Metric	SM	Oil & Gas E&P median	vs median
P/E	6.85	14.65	53% below
P/S ratio	1.85	2.41	23% below
Profit margin	20.15%	12.09%	8.1 pts above

Medians across 116 Oil & Gas E&P stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Analysis

Data-derived

Company Overview

SM Energy Company (SM) is capitalised at $9.18B on the latest close. The company sits in the Energy sector, in the Oil & Gas E&P industry. Headcount on file is 1,241.

The most recent close on file for SM is $38.61, dated October 21, 2026. That is −$0.24 (−0.62%) against the previous close. Over the past 52 weeks the price has ranged from $17.45 to $41.56. The latest close sits 121.26% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $3.14B. That is +17.48% against the prior fiscal year, when revenue was $2.67B. The same year closed with net income of $648.00M. That is −15.84% against the prior fiscal year. The reported profit margin is 20.15%. That is 8.1 percentage points above the Oil & Gas E&P median of 12.09%. Earnings per share on a trailing basis come to 5.64.

Across the 4 fiscal years on file, revenue moves from $3.35B in 2022 to $3.14B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

SM trades at a trailing price-to-earnings ratio of 6.85. That is 53.24% below the Oil & Gas E&P median of 14.65. On forward earnings the ratio is 4.49. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.54. The price-to-sales ratio is 1.85. On price-to-sales that is 23.21% below the Oil & Gas E&P median of 2.41. The medians here are taken across 116 Oil & Gas E&P companies that report the metric.

Over the trailing twelve months the total return is +92.55%. Across 10 years the annualized return works out at +1.08%. The reported beta is 0.96. Daily returns over the trailing 10 years annualize to a volatility of 79.48%.

Growth & Income

Shareholders receive a dividend, yielding 2.27% on the latest price. That is 1 percentage points below the Oil & Gas E&P median yield of 3.27%. At the indicated rate that is $0.88 a share a year. The ex-dividend date on file is September 4, 2026. Dividends are recorded for 10 calendar years; 2026 shows 3 payments totalling $0.66 a share. The year before, 2025, totalled $1.00 a share.

Across the complete calendar years on file, 2021 returned +382.15% and 2025 returned −49.72%. Of the 9 complete calendar years on file, 4 finished higher. So far in 2026 the total return is +109.67%.

Peer Comparison

SM Energy Company (SM) operates in the Oil & Gas E&P industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
SM Energy Company	SM	$9.18B	6.9
ConocoPhillips	COP	$175.00B	19.3
Canadian Natural Resources Limited	CNQ	$111.69B	13.3
EOG Resources, Inc.	EOG	$82.81B	12.3

The Oil & Gas E&P industry average P/E ratio is 14.6x. SM Energy Company trades at a P/E of 6.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About SM Energy Company

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the United States. The company holds working interests in oil and gas producing wells in the Midland Basin, South Texas, Uinta Basin, and DJ Basin. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

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