SM Energy Company
Research SM Energy Company (SM) on Bullrun: valuation model: 3.7% overvalued, market cap USD 8.95B, P/E 7.4, dividend yield 2.8%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerSM
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas E&P
- CurrencyUSD
- Valuation signal3.7% overvalued
- Market capUSD 8.95B
- P/E7.4
- Dividend yield2.8%
- 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 3.7% overvalued; latest market cap is USD 8.95B; P/E is 7.4; dividend yield is 2.8%.
Peer valuation comparison
Latest P/E is 7.43x versus a Energy sector median of 15.73x (52.8% below).
Latest dividend yield is 2.81% versus a Energy sector median of 3.64% (22.8% 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 | USD 475.00M | 46.8% | 6.86 | USD 616.16M | USD 1.58B | USD 3.62B |
| FY2022 | USD 3.36B | USD 1.11B | USD 806.47M | 63.2% | 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 | 2026-10-12 | USD 8.95B | 7.4 | 2.8% | 1.06 |
| 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 1.06 USD, yield 2.8%.
| 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.
ETFs that hold SM Energy Company
SM Energy Company is one of the ten largest holdings of 6 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| State Street SPDR Russell 2000 US Small Cap UCITS ETF | 0.29% | 0.30% |
| Avantis Global Small Cap Value UCITS ETF USD Acc | 0.52% | 0.39% |
| Xtrackers Russell 2000 UCITS ETF 1C | 0.29% | 0.30% |
| Vanguard Russell 2000 U.S. Small-Cap UCITS ETF USD Acc | 0.29% | 0.20% |
| Avantis Global Small Cap Value UCITS ETF | 0.52% | 0.39% |
| State Street SPDR Russell 2000 US Small Cap UCITS ETF EUR Hedged Acc | 0.29% | 0.35% |
Compare every fund on the same index:
Related stock research
Other Energy stocks
Frequently asked questions
Is SM Energy Company overvalued or undervalued?
Bullrun's valuation model currently marks SM Energy Company as 3.7% overvalued.
What is SM Energy Company's market cap?
SM Energy Company's market capitalization is USD 8.95B.
What is SM Energy Company's P/E ratio?
SM Energy Company's price-to-earnings (P/E) ratio is 7.4.
Does SM Energy Company pay a dividend?
SM Energy Company has a dividend yield of 2.8%.
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.