SM - NYSE

SM Energy Company

SM Energy Company

SMยทNYSE

$34.24

+0.79%
EnergyOil & Gas Exploration & Production

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.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$8.21B
EPS5.6500
P/E Ratio6.06
Earnings Date07/30/2026
SM Energy Company

SM Energy Company Fair Value Envelope

SM ยท NYSE

Our analysis suggests that SM has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $34.24, this represents a potential HIDDEN relative to our calculated worth for SM Energy Company.

HIDDEN
Intrinsic Value
Current Price: $34.24

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$15,669.5B
+ Cash & Equivalents$368.0M
Firm Value$15,669.9B
- Debt$2.3B
Equity Value$15,667.6B
/ Shares Outstanding114,584,045B
DCF Value$136.7K
UNDERVALUED BY 399241%

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
Terminal Value represents 88.7% of Enterprise Value

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