SM Energy (SM)

• Market cap: $2.63B
• 1 day: -2.02%
• 5 days: -3.27%
• 1 month: -23.91%
• 3 months: -42.46%
• 6 months: -46.38%
• Year to date: -43.25%
• 1 year: -53.00%
• 5 years: 462.72%
• 10 years: -60.69%
• Sector: Energy
• Industry: Oil & Gas Exploration & Production

About: SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in Texas and Utah. Its portfolio is comprised of assets in the Midland Basin of West Texas, the Maverick Basin of South Texas, and the Uinta Basin of northeastern Utah.

Employees: 544

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

160% more call options, than puts

Call options by funds: $76.8M | Put options by funds: $29.5M

25% more first-time investments, than exits

New positions opened: 70 | Existing positions closed: 56

1% more funds holding

Funds holding: 414 [Q3] → 420 (+6) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

4% less capital invested

Capital invested by funds: $4.66B [Q3] → $4.46B (-$196M) [Q4]

9% less repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 158

1.21% less ownership

Funds ownership: 101.79% [Q3] → 100.58% (-1.21%) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $24 5% upside
• Avg. target: $38 67% upside
• High target: $55 141% upside

6 analyst ratings

• positive: 3 50%
• neutral: 3 50%
• negative: 0 0%

Susquehanna Biju Perincheril 24% 1-year accuracy 15 / 63 met price target	5% upside $24	Neutral Maintained	22 Apr 2025
Keybanc Tim Rezvan 43% 1-year accuracy 19 / 44 met price target	58% upside $36	Overweight Maintained	21 Apr 2025
Stephens & Co. Mike Scialla 26% 1-year accuracy 13 / 50 met price target	141% upside $55	Overweight Maintained	15 Apr 2025
Wells Fargo Hanwen Chang 26% 1-year accuracy 5 / 19 met price target	45% upside $33	Equal-Weight Maintained	25 Mar 2025
JP Morgan Zach Parham 55% 1-year accuracy 11 / 20 met price target	80% upside $41	Neutral Maintained	13 Mar 2025