SM - NYSE
SM Energy Company
$34.29
+0.94%SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. As of February 24, 2022, it had 492.0 million barrels of oil equivalent of estimated proved reserves. It also has working interests in 825 gross productive oil wells and 483 gross productive gas wells in the Midland Basin and South Texas. 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.
At a Glance
Live SnapshotSM Energy Company Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Historical Financial Data
Base year metrics used for projections
Projection Settings
Forecast period and terminal assumptions
DCF Valuation Summary
Calculation flow from present value to intrinsic value per share
Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.0B | $8.0B | $16.1B | $32.2B | $64.4B | $128.7B | $257.4B | $514.8B | $1,029.6B | $2,059.3B |
| Maintenance CapEx | -$575.2M | -$1.2B | -$2.3B | -$4.6B | -$9.2B | -$18.4B | -$36.8B | -$73.6B | -$147.3B | -$294.5B |
| Owner Earnings | $3.4B | $6.9B | $13.8B | $27.6B | $55.1B | $110.3B | $220.6B | $441.2B | $882.4B | $1,764.8B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $3.2B | $5.9B | $10.9B | $20.3B | $37.5B | $69.5B | $128.7B | $238.4B | $441.4B | $817.4B |
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Earnings Call
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Analyst Expectations
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