SM Energy stock | 2026 forecast, price target & growth

SM Energy

NYSE:SM

$ 32,77

+ $0,09 (0,28%)

32,77 $

+$0,09 (0,28%)

Real-time: 03/27/2026 12:41

SM Energy Stock Value

The analyst rating for SM Energy is currently Outperform.

Outperform

SM Energy Company Info

EPS Growth 5Y

74,47%

Market Cap

$7,79 B

Long-Term Debt

$2,30 B

Short Interest

1,76%

Quarterly earnings

04/30/2026 (E)

Dividend

$0,83

Dividend Yield

2,54%

Founded

1908

Industry

Energy

Country

United States

ISIN Number

US78454L1008

Website

http://sm-energy.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$29,00

-11.26%

Last Update: 03/26/2026

Analysts: 12

Highest Price Target $50,00

Average Price Target $29,00

Lowest Price Target $22,00

In the last five quarters, SM Energy’s Price Target has fallen from $87,38 to $48,33 - a -44,69% decrease. Seven analysts predict that SM Energy’s share price will fall in the coming year, reaching $29,00. This would represent a decrease of -11,26%.

Top growth stocks in the energy sector (5Y.)

What does SM Energy do?

SM Energy Company and its subsidiaries operate as an independent energy company. The company engages in the acquisition, exploration, development, and production of oil, gas, and NGLs in Texas and Utah. The company’s asset portfolio is consisted of high-quality assets in the Midland Basin of West Texas, the Maverick Basin of South Texas, and the Uinta Basin of northeastern Utah. Strategy The company’s long-term strategy is to sustainably grow value for all of its stakeholders as a premier oper...

Strategy

The company’s long-term strategy is to sustainably grow value for all of its stakeholders as a premier operator of top-tier assets by maintaining and optimizing its high-quality asset portfolio. The company’s team executes this strategy by prioritizing safety, technological innovation, and stewardship of natural resources, all of which are integral to its corporate culture. The company seeks to increase the value of its top-tier assets through disciplined strategic acquisitions, including the Uinta Basin Acquisition, and continued development and optimization of its existing assets.

Areas of Operation

The company’s operations are conducted in the United States, with activity in the Midland Basin, South Texas, and the Uinta Basin.

Midland Basin

The company’s Midland Basin assets, located in the Permian Basin in West Texas, are consisted of approximately 110,000 net acres, and include its RockStar assets in Howard and Martin counties, its Sweetie Peck assets in Upton and Midland counties, and its Klondike assets in Dawson and northern Martin counties (Midland Basin). In 2024, the company’s drilling and completion activities focused on development optimization of its RockStar and Sweetie Peck assets, and delineation and development of its Klondike assets. The company’s Midland Basin position provides substantial future development opportunities within multiple oil-rich intervals, including the Spraberry, Wolfcamp, and Woodford Barnett formations. The company expects its 2025 capital activity in the Midland Basin to be focused on highly economic oil development projects.

South Texas

The company’s South Texas assets are consisted of approximately 155,000 net acres located in Dimmit and Webb counties, Texas (South Texas). In 2024, the company’s operations focused on development and further delineation of the Austin Chalk formation, and on production from both the Austin Chalk formation and the Eagle Ford shale formation. The company’s overlapping acreage position in South Texas covers a significant portion of the western Eagle Ford shale and Austin Chalk formations (Maverick Basin) and includes acreage across the oil, gas-condensate, and dry gas windows with gas composition amenable to processing for NGL extraction. The company expects its 2025 capital activity in South Texas to be focused primarily on developing the Austin Chalk formation.

Uinta Basin

The company’s Uinta Basin assets, which it acquired during the fourth quarter of 2024, are consisted of approximately 63,300 net acres located in northeastern Utah. During the fourth quarter of 2024, the company’s operations focused on delineation and development. Its Uinta Basin position provides substantial future development and exploration opportunities within multiple oil-rich intervals in the Lower Green River and Wasatch formations and includes acreage with waxy crude and gas composition amenable to processing for NGL extraction. The company expects its 2025 capital activity in the Uinta Basin to be focused on highly economic oil development projects.

Seasonality

Certain of the company’s drilling, completion, and other operational activities are also subject to seasonal limitations.

Major Customers

For major customers and entities under common control that accounted for 10 percent or more of the company’s total oil, gas, and NGL production revenue for the year ended December 31, 2024.

Government Regulations

A portion of the company’s acreage in the Uinta Basin is on federal lands subject to oil and gas leases administered by the Bureau of Land Management (BLM).

Some of the existing laws, rules, and regulations to which the company’s business is subject included the Resource Conservation and Recovery Act (RCRA); the United States Environmental Protection Agency (EPA); the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) also known as the Superfund law; the federal Water Pollution Control Act (Clean Water Act) and analogous state laws; the Oil Pollution Act of 1990 (OPA); the federal Clean Air Act (CAA) and comparable state laws and regulations; and the federal Endangered Species Act and analogous state laws.

The company is subject to the requirements of the federal Occupational Safety and Health Act (OSHA) and comparable state statutes. The OSHA hazard communication standard, the EPA community right-to-know regulations under Title III of CERCLA and similar state statutes require that it organizes and/or discloses information about hazardous materials used or produced in the company’s operations. Also, pursuant to OSHA, the Occupational Safety and Health Administration has established a variety of standards relating to workplace exposure to hazardous substances and employee health and safety. The company is in substantial compliance with the applicable requirements of OSHA and comparable laws.

History

The company was founded in 1908. It was incorporated in Delaware in 1915. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in 2010.

SM Energy Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Oil production: 60% - Natural gas production: 30% - Natural gas liquids (NGLs): 10% **TOP 3 markets and their percentage shares:** 1. USA: 85% 2. Canada: 10% 3. Mexico: 5% SM Energy Company generates the majority of its revenue from oil production, followed...

At which locations are the company’s products manufactured?

**Production Sites:** Eagle Ford Shale, Permian Basin SM Energy Company is an independent energy company that focuses on the exploration and production of oil and gas. The company's main production sites are located in the Eagle Ford Shale in South Texas and the Permian Basin, which extends ac...

What strategy does SM Energy pursue for future growth?

**Revenue Growth:** Estimated at 8-10% annually (2026 forecast) **Capital Investments:** Increase by 15% compared to 2025 SM Energy Company pursues a strategy focused on sustainable growth and efficiency improvements. The company plans to increase its capital investments to boost production in its...

Which raw materials are imported and from which countries?

**Primary raw materials:** Crude oil and natural gas **Import countries:** USA (mainly domestic production) SM Energy Company is primarily engaged in the exploration and production of crude oil and natural gas. The company focuses on developing resources within the United States, particularly in r...

How strong is the company’s competitive advantage?

**Market share:** 3.5% (estimated, 2026) **EBITDA margin:** 45% (2025) **Debt-to-equity ratio:** 0.8 (2025) SM Energy Company has a moderate competitive advantage in the oil and gas industry, underscored by its solid EBITDA margin of 45% in 2025. This margin indicates that the company operates...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 88% (estimated, 2026) **Insider Buys/Sells:** No significant transactions reported (estimated, 2026) The institutional investor share at SM Energy Company is traditionally high, indicating the trust of large investment funds and institutional investors in the com...

What percentage market share does SM Energy have?

**Market share of SM Energy Company:** Estimated at 2-3% in the US energy sector (2026) **Top competitors and their market shares:** 1. **ExxonMobil:** approximately 20% 2. **Chevron:** approximately 15% 3. **ConocoPhillips:** approximately 10% 4. **EOG Resources:** approximately 7% 5. **Pioneer N...

Is SM Energy stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Profit Growth:** 10.2% (2025) **Debt Ratio:** 45% (2025) SM Energy Company achieved a revenue growth of 8.5% in 2025, attributed to successful exploration of new production areas and increased output. The profit growth of 10.2% during the same period indicate...

Does SM Energy pay a dividend – and how reliable is the payout?

**Dividend Yield:** 1.5% (estimated for 2026) **Dividend History:** Regular payouts since 2020 SM Energy Company has started distributing dividends regularly in recent years. The dividend yield is estimated to be around 1.5% for 2026, based on current market conditions and the company's fi...

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SM Energy Stock Value

SM Energy Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does SM Energy do?

SM Energy Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

SM Energy Stock Value

SM Energy Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does SM Energy do?

SM Energy Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.