SM Energy Company
SMEnergyNASDAQOil & Gas E&P · Last scanned Jul 18, 2026
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Daily timeframeSM 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 carries a $7.51B market cap, placing it firmly in the mid-cap category. The company holds working interests in oil and gas producing wells in the Midland Basin, South Texas, Uinta Basin, and DJ Basin.
Market Cap
$7.51B
Beta
0.73
P/E (TTM)
12.73
P/E (Fwd)
4.23
EPS (TTM)
$2.46
EPS (Fwd)
$7.41
ROE
2.3%
ROA
2.9%
Cash
$449.0M
Total Debt
$8.56B
Free CF
$1.45B
52W Change
21.0%
Annual Financials
Cash vs Debt
On the balance sheet, SM has $449.0M in cash with $8.56B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $1.45B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 2.3% points to modest capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 2.9% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $3.35B (2022) to $3.14B (2025).
Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing SM.