Headquartered in Denver, CO Fiscal year ends December NYSE: SM sm-energy.com
SM Energy Company (NYSE: SM) is an independent exploration and production company that acquires, develops and produces oil, natural gas and natural gas liquids. Its operations span four U.S. shale basins: the Permian Basin, the DJ Basin, South Texas and the Uinta Basin.
The company's footprint expanded substantially through its merger with Civitas Resources, which closed on January 30, 2026. SM issued approximately 123.7 million shares in the deal. The merger roughly doubled production to about 433 MBoe/d in Q3 2026, of which about 230 MBbl/d was oil.
On April 30, 2026, SM divested certain South Texas assets (the Galvan Divestiture). It generates revenue from oil, gas and NGL sales and uses commodity derivatives to hedge price exposure.
The company follows a strategy built on three priorities, Integrate, Execute and Bolster. These focus on capturing merger synergies, disciplined capital allocation, debt reduction toward low one-times leverage, and stockholder returns through a quarterly dividend and share repurchases. Updated
A six-quarter streak of earnings beats ended on a 1.46% miss, and the stock sold off after hours. Full-year oil guidance came down on Permian compliance downtime and Uinta takeaway constraints that management does not expect to clear until early 2027, even after the Civitas merger more than doubled production.
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Joel South A prominent independent energy company based in Denver, Colorado, SM Energy (NYSE:SM | SM Price Prediction) has climbed 37% year-to-date as retail investors weigh whether its $12.8 billion merger with Civitas Resources,…
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Mizuho analyst Nitin Kumar has made a number of changes to energy sector price targets, along with one rating change.
Friday's top analyst upgrades and downgrades included Altice USA, Applied Materials, Block, Coeur Mining, Consolidated Edison, Fastly, Shopify, SM Energy, Tata Motors and Wingstop.
Tuesday's top analyst upgrades and downgrades included Beyond Meat, Coinbase, Coty, Facebook, IBM, Intel, Kimberly-Clark, Pioneer Natural Resources, Winnebago and Zynga.
Analysts at JPMorgan shuffled the deck on oil and gas producers Wednesday morning, including a big downgrade for Chevron.
Wednesday's top analyst upgrades and downgrades included Beyond Meat, Comcast, ConocoPhillips, Kohl's, Plug Power, 3M and SBA Communications.
Friday's top analyst upgrades and downgrades included Barrick Gold, DraftKings, Hyatt Hotels, Nikola, Occidental Petroleum, Penn National Gaming, Shopify, T-Mobile, Uber, Valero Energy and Workday.
The top analyst upgrades, downgrades and initiations seen on Tuesday included Cisco Systems, Duke Energy, Goodyear, Illumina, Kinder Morgan, Micron Technology, Pfizer and Tencent Music.
The top analyst upgrades, downgrades and initiations seen on Monday included Aflac, Apple, Chipotle Mexican Grill, Coca-Cola, Dell Technologies, Dish Network, Gilead Sciences, McDonald's and Starbucks.
SM Energy Company (NYSE: SM) is an independent exploration and production company that acquires, develops and produces oil, natural gas and natural gas liquids. Its operations span four U.S. shale basins: the Permian Basin, the DJ Basin, South Texas and the Uinta Basin.
24/7 Wall St.'s 12-month price target for SM is $35.24, rated Buy. The Wall Street consensus target is $45.33. SM price prediction →
