sm energy company is an independent energy company focused on the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the united states. the company was founded in 1908, incorporated in 1915, and became a public company through an initial public offering in 1992. sm energy trades on the new york stock exchange under the symbol sm. the company operates in four core areas managed by four regional offices: the mid-continent, rocky mountains, permian basin, and gulf coast regions are operated out of our offices in tulsa, oklahoma; billings, montana; midland, texas; and houston, texas, respectively. each office is staffed with a full complement of geologists, geophysicists, engineers, and landmen who have extensive experience in the region or basin where they work. the denver, colorado, headquarters provides financial and administrative support for the regional operations. at sm energy, we also take seriously the manner in which we conduct our
Company profile
Ticker
SM
Exchange
Website
CEO
Javan Ottoson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ST MARY LAND & EXPLORATION CO
SEC CIK
Corporate docs
Subsidiaries
SMT Texas LLC • Belring GP LLC • St. Mary Energy Louisiana LLC • Hilltop Investments, a Colorado general partnership • Parish Ventures, a Colorado general partnership • Green Canyon Offshore LLC • B. Partnership • St. Mary Land East Texas LP ...
IRS number
410518430
SM stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
25 Jul 24
8-K
SM Energy Prices an Upsized Private Offering of $750 Million of Senior Notes Due 2029 and $750 Million of Senior Notes Due 2032
18 Jul 24
8-K
SM Energy Announces Private Offering of $650 Million of Senior Notes Due 2029 and $650 Million of Senior Notes Due 2032
18 Jul 24
8-K
Entry into a Material Definitive Agreement
8 Jul 24
8-K
Entry into a Material Definitive Agreement
28 Jun 24
8-K
Submission of Matters to a Vote of Security Holders
24 May 24
10-Q
2024 Q1
Quarterly report
3 May 24
8-K
Excellent Operational Execution Boosts Bottom Line Results
2 May 24
DEFA14A
Additional proxy soliciting materials
4 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
Transcripts
SM
Earnings call transcript
2024 Q1
3 May 24
SM
Earnings call transcript
2024 Q1
2 May 24
SM
Earnings call transcript
2023 Q4
22 Feb 24
SM
Earnings call transcript
2023 Q4
21 Feb 24
SM
Earnings call transcript
2023 Q3
3 Nov 23
SM
Earnings call transcript
2023 Q3
2 Nov 23
SM
Earnings call transcript
2023 Q2
3 Aug 23
SM
Earnings call transcript
2023 Q2
3 Aug 23
SM
Earnings call transcript
2023 Q2
2 Aug 23
SM
Earnings call transcript
2023 Q1
28 Apr 23
Latest ownership filings
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 506.25 mm | 506.25 mm | 506.25 mm | 506.25 mm | 506.25 mm | 506.25 mm |
Cash burn (monthly) | 36.64 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 141.64 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 364.61 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 10.0 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
98.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 380 |
Opened positions | 337 |
Closed positions | 8 |
Increased positions | 14 |
Reduced positions | 19 |
13F shares | Current |
---|---|
Total value | 5.06 tn |
Total shares | 113.28 mm |
Total puts | 666.60 k |
Total calls | 1.48 mm |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 19.94 mm | $993.98 bn |
Vanguard | 14.22 mm | $709.08 bn |
STT State Street | 6.25 mm | $311.74 bn |
Dimensional Fund Advisors | 5.96 mm | $296.97 bn |
JPM JPMorgan Chase & Co. | 4.08 mm | $203.39 bn |
Pacer Advisors | 3.73 mm | $186.00 bn |
T. Rowe Price Investment Management | 2.76 mm | $137.67 mm |
Frontier Capital Management | 2.70 mm | $134.38 bn |
Geode Capital Management | 2.58 mm | $128.80 bn |
American Century Companies | 2.33 mm | $116.31 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
26 Jul 24 | Herbert S Vogel | RSU Common Stock, $.01 Par Value | Grant | Acquire A | No | No | 0 | 50,389 | 0.00 | 50,389 |
26 Jul 24 | Julie Gray | RSU Common Stock, $.01 Par Value | Grant | Acquire A | No | No | 0 | 3,436 | 0.00 | 3,436 |
26 Jul 24 | James Barker Lebeck | RSU Common Stock, $.01 Par Value | Grant | Acquire A | No | No | 0 | 18,323 | 0.00 | 18,323 |
26 Jul 24 | Lytle Patrick A | RSU Common Stock, $.01 Par Value | Grant | Acquire A | No | No | 0 | 5,440 | 0.00 | 5,440 |
26 Jul 24 | Lutey Mary Ellen | RSU Common Stock, $.01 Par Value | Grant | Acquire A | Yes | No | 0 | 3,436 | 0.00 | 3,436 |
26 Jul 24 | Lutey Mary Ellen | RSU Common Stock, $.01 Par Value | Grant | Acquire A | No | No | 0 | 9,162 | 0.00 | 9,162 |
News
ExxonMobil's GPX Project Set to Resume After Settlement
26 Jul 24
RPC Q2 Earnings Outpace Estimates, Revenues Lag
26 Jul 24
Analyst Scoreboard: 10 Ratings For SM Energy
26 Jul 24
Wells Fargo Maintains Equal-Weight on SM Energy, Lowers Price Target to $50
26 Jul 24
Truist Securities Maintains Hold on SM Energy, Lowers Price Target to $46
22 Jul 24
Press releases
SM ENERGY SCHEDULES SECOND QUARTER 2024 EARNINGS RELEASE AND CALL
24 Jul 24
SM ENERGY PRICES AN UPSIZED PRIVATE OFFERING OF $750 MILLION OF SENIOR NOTES DUE 2029 AND $750 MILLION OF SENIOR NOTES DUE 2032
18 Jul 24
SM ENERGY ANNOUNCES PRIVATE OFFERING OF $650 MILLION OF SENIOR NOTES DUE 2029 AND $650 MILLION OF SENIOR NOTES DUE 2032
18 Jul 24
SM ENERGY ANNOUNCES PARTICIPATION IN UPCOMING INVESTOR CONFERENCE
10 Jun 24
LiTHOS Announces Execution of Letter of Intent for Technology to Launch TiERRA™ Re-Injection Service
6 Jun 24