SM Energy Co Company Profile (NYSE:SM)

SM Energy Co trades on the New York Stock Exchange (NYSE) under the ticker symbol "SM."

SM Energy Co declared a semiannual dividend on Thursday, March 30th. Investors of record on Friday, April 21st will be paid a dividend of $0.05 per share on Wednesday, May 3rd. This represents a yield of 0.43%. The ex-dividend date of this dividend is Wednesday, April 19th. View SM Energy Co's Dividend History.

SM Energy Co (NYSE:SM) posted its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.32) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.32). The business had revenue of $284.94 million for the quarter, compared to the consensus estimate of $299.12 million. SM Energy Co had a negative return on equity of 18.80% and a negative net margin of 41.66%. The business's revenue for the quarter was down 16.6% on a year-over-year basis. During the same period in the prior year, the business earned ($0.44) EPS. View SM Energy Co's Earnings History.

SM Energy Co is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for SM Energy Co.

17 brokers have issued 1 year price targets for SM Energy Co's shares. Their predictions range from $16.00 to $59.00. On average, they anticipate SM Energy Co's share price to reach $33.53 in the next twelve months. View Analyst Ratings for SM Energy Co.

Here are some recent quotes from research analysts about SM Energy Co stock:

• 1. According to Zacks Investment Research, "Though SM Energy holds considerable acreage in the Williston Basin, most of its holdings lie in the region having low yield. Thus, its results will likely lag its peers who have acreage in the core region of the Bakken. The company is facing pressure on top line. Over the past three years (2014–2016), total revenues declined at a CAGR of 30.5%. Continued pressure on oil and gas prices are the primarily reasons for decrease in revenues. We are also concerned with the company’s high debt load. At the end of the first quarter, SM Energy’s debt balance stood at $2,898.6 million compared with cash balance of $659.1 million in the balance sheet. In fact, the company’s debt-to-capitalization ratio is 52.6%, higher than the broader industry average of 50.3%." (7/27/2017)
• 2. Williams Capital analysts commented, "We came away from the mee�ngs with greater confidence in management ’s ability to execute on its 3-year produc�on growth CAGR guidance of >15% (we raised our es�mate to 20.2%). With wells outperforming its acquisi�on model by 30% on average in its RockStar area in Howard and Mar�n Coun�es, we believe an inflec�on point is developing for a beat -and-raise setup in the coming quarters, which should li� investor concerns. SM remains one of our Top Picks. With nearly 100% upside to our conservative $45 PT, we believe the recent underperformance provides an excellent opportunity to own a transformational story with a solid financial position (3.1 x net- debt/EBITDA at YE17) at an unduly discounted valuation (SM trades at a two-turn discount to its peers’ average EV/EBITDA – see valuation section below). In our view, execution across its ~86,700 net Midland Basin acres will be key to driving share performance. As the Company grows its Midland Basin oil volumes over the next several quarters improving visibility into 2018/2019, shares should witness multiple expansion, in our view, which should prove our $45 PT to be conservative." (4/17/2017)
• 3. UBS AG analysts commented, "Among our Permian-levered E&P coverage, SM offers high risk/high reward given its competitive cash flow per debt-adjusted share growth & valuation discount though balanced by a large multi-year outspend and execution concerns. We believe SM is one of the E&Ps most exposed to weak oil prices, given the implied outspend and a large committed activity ramp. The funding gap is expected to be partly bridged by the sale of its oily Divide County assets, pricing of which is also tied to the oil price outlook. The company's portfolio is also in flux, with the recent sale of non-operated Eagle Ford & expected sale of Divide County, making comparison difficult vs. Street (we are below consensus). Given the moving pieces, we prefer to wait for more macro stability, clarity on Howard County delineation results, & execution track record before stepping off the sidelines." (3/23/2017)
• 4. Piper Jaffray Companies analysts commented, "SM Energy (SM) shares sank 8% today. The decline was primarily driven by the Q4 production miss and weaker '17 expectations (especially on an oil cut relative to our prior expectations) resulting in a reduction in '17 earnings and cash flows. Secondarily, the shares were negatively impacted by higher-than-expected Permian well costs. We thought the Permian update was instructive and demonstrated the progress the company has made in the play. In addition, the new wells announced today were good, many with just 20 day rates provided (meaning the 30 day rate will likely be higher given production was still increasing). While SM shares are maddeningly volatile (and are never easy), we reiterate our OW rating given the favorable valuation and risk/reward proposition. We believe long-term investors could be rewarded as SM drives Permian production growth and de-risks their acreage in the Midland basin." (2/1/2017)

Some companies that are related to SM Energy Co include Laredo Petroleum (LPI), Texas Pacific Land Trust (TPL), Transportadora De Gas Sa Ord B (TGS), Kosmos Energy (KOS), Southwestern Energy Company (SWN), PDC Energy (PDCE), Matador Resources Company (MTDR), Gulfport Energy Corporation (GPOR), Enerplus Corporation (ERF), Callon Petroleum Company (CPE), Tullow Oil plc (TLW), Magellan Petroleum Corporation (TELL), Viper Energy Partners LP (VNOM), Whiting Petroleum Corporation (WLL), SRC Energy (SRCI), SRC Energy (SRCI), Advantage Oil & Gas Ltd (AAV) and Wildhorse Resource Development Corporation (WRD).

SM Energy Co's management team includes the folowing people:

• William D. Sullivan, Independent Chairman of the Board
• Javan D. Ottoson, President, Chief Executive Officer, Director
• A. Wade Pursell, Chief Financial Officer, Executive Vice President
• David W. Copeland, Executive Vice President, General Counsel, Corporate Secretary
• Herbert S. Vogel, Executive Vice President - Operations
• Kenneth J. Knott, Senior Vice President—Business Development and Land and Assistant Secretary
• Mary Ellen Lutey, Senior Vice President and Regional Manager
• Lehman E. Newton III, Senior Vice President - Regional Manager
• Mark T. Solomon, Vice President, Controller, Assistant Secretary
• David J. Whitcomb, Vice President - Marketing

SM Energy Co's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.89%), Capital Research Global Investors (6.21%), Key Group Holdings Cayman LTD. (4.75%), State Street Corp (4.65%), Alliancebernstein L.P. (4.04%) and Dimensional Fund Advisors LP (3.79%). Company insiders that own SM Energy Co stock include David W Copeland, Herbert S Vogel, Javan D Ottoson, Kenneth J Knott, Rose M Robeson and William D Sullivan. View Institutional Ownership Trends for SM Energy Co.

SM Energy Co's stock was sold by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Macquarie Group Ltd., Denver Investment Advisors LLC, Smith Asset Management Group LP, Janus Henderson Group PLC, Kennedy Capital Management Inc., Voya Investment Management LLC and Tortoise Capital Advisors L.L.C.. View Insider Buying and Selling for SM Energy Co.

SM Energy Co's stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Key Group Holdings Cayman LTD., State Street Corp, Renaissance Technologies LLC, Alliancebernstein L.P., Frontier Capital Management Co. LLC, Oslo Asset Management AS and Airain ltd. Company insiders that have bought SM Energy Co stock in the last two years include David W Copeland, Herbert S Vogel, Javan D Ottoson, Rose M Robeson and William D Sullivan. View Insider Buying and Selling for SM Energy Co.

Shares of SM Energy Co can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of SM Energy Co stock can currently be purchased for approximately $13.87.