SM Energy Company
Research SM Energy Company (SM) on Bullrun: valuation model: 12.8% undervalued, market cap USD 8.47B, P/E 7.0, dividend yield 2.3%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerSM
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas E&P
- CurrencyUSD
- Valuation signal12.8% undervalued
- Market capUSD 8.47B
- P/E7.0
- Dividend yield2.3%
- Financial periodQ2 2026
- RevenueUSD 2.16B
- Net incomeUSD 1.07B
- Free cash flowUSD 349.00M
- Gross margin46.8%
Valuation Snapshot
Bullrun's latest valuation model marks SM Energy Company as 12.8% undervalued; latest market cap is USD 8.47B; P/E is 7.0; dividend yield is 2.3%.
Peer valuation comparison
Latest P/E is 7.03x versus a Energy sector median of 14.75x (52.3% below).
Latest dividend yield is 2.28% versus a Energy sector median of 3.8% (40.0% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 3.15B | USD 648.00M | USD 539.00M | 33.2% | 5.64 | USD 368.00M | USD 2.72B | USD 4.81B |
| FY2024 | USD 2.69B | USD 770.00M | -USD 1.63B | 45.5% | 6.67 | USD 0 | USD 2.78B | USD 4.24B |
| FY2023 | USD 2.37B | USD 818.00M | n/a | 46.8% | 6.86 | USD 616.16M | USD 1.58B | USD 3.62B |
| FY2022 | USD 3.36B | USD 1.11B | n/a | n/a | 8.96 | USD 445.00M | USD 1.57B | USD 3.09B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 8.47B | 7.0 | 2.4% | 0.84 |
| 2025 | 2025-12-31 | USD 2.14B | 3.3 | 5.3% | 1 |
| 2024 | 2024-12-31 | USD 4.44B | 5.8 | 1.9% | 0.74 |
| 2023 | 2023-12-29 | USD 4.50B | 5.7 | 1.5% | 0.6 |
| 2022 | 2022-12-30 | USD 4.28B | 3.4 | 0.5% | 0.16 |
| 2021 | 2021-12-31 | USD 3.59B | 737.0 | 0.1% | 0.02 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.84 USD, yield 2.3%.
| Year | Dividends/share |
|---|---|
| FY2025 | 0.8 USD |
| FY2024 | 0.76 USD |
| FY2023 | 0.63 USD |
| FY2022 | 0.31 USD |
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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Frequently asked questions
Is SM Energy Company overvalued or undervalued?
Bullrun's valuation model currently marks SM Energy Company as 12.8% undervalued.
What is SM Energy Company's market cap?
SM Energy Company's market capitalization is USD 8.47B.
What is SM Energy Company's P/E ratio?
SM Energy Company's price-to-earnings (P/E) ratio is 7.0.
Does SM Energy Company pay a dividend?
SM Energy Company has a dividend yield of 2.3%.
What does SM Energy Company do?
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.