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)
DEFA14A
Additional proxy soliciting materials
4 Apr 24
DEF 14A
Definitive proxy
4 Apr 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
SM Energy Reports 2023 Results and 2024 Operating Plan
21 Feb 24
8-K
SM Energy Reports Production Beat on Lower Capital Costs
1 Feb 24
10-Q
2023 Q3
Quarterly report
3 Nov 23
8-K
SM Energy Reports Third Quarter 2023 Results
2 Nov 23
10-Q
2023 Q2
Quarterly report
3 Aug 23
8-K
Results of Operations and Financial Condition
2 Aug 23
8-K
And Entered Agreements to Acquire 22,800 Oily Net Acres
21 Jun 23
Transcripts
SM
Earnings call transcript
2023 Q4
21 Feb 24
SM
Earnings call transcript
2023 Q3
2 Nov 23
SM
Earnings call transcript
2023 Q2
3 Aug 23
SM
Earnings call transcript
2023 Q1
28 Apr 23
SM
Earnings call transcript
2022 Q4
23 Feb 23
SM
Earnings call transcript
2022 Q3
4 Nov 22
SM
Earnings call transcript
2022 Q2
4 Aug 22
SM
Earnings call transcript
2022 Q1
29 Apr 22
SM
Earnings call transcript
2021 Q4
25 Feb 22
SM
Earnings call transcript
2021 Q3
29 Oct 21
Latest ownership filings
4
BARTON R BROOKMAN JR
21 Mar 24
4
A WADE PURSELL
6 Mar 24
4
Mary Ellen Lutey
5 Mar 24
144
Notice of proposed sale of securities
1 Mar 24
3
BARTON R BROOKMAN JR
26 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
STATE STREET CORP
24 Jan 24
SC 13G/A
BlackRock Inc.
19 Jan 24
4
A WADE PURSELL
9 Nov 23
144
Notice of proposed sale of securities
12 Sep 23
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
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) | 401.98 mm | 401.98 mm | 401.98 mm | 401.98 mm | 401.98 mm | 401.98 mm |
Cash burn (monthly) | (no burn) | 8.04 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 55.24 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 346.74 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 43.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
92.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 365 |
Opened positions | 88 |
Closed positions | 27 |
Increased positions | 106 |
Reduced positions | 130 |
13F shares | Current |
---|---|
Total value | 4.19 tn |
Total shares | 106.84 mm |
Total puts | 558.60 k |
Total calls | 844.80 k |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 20.24 mm | $802.65 bn |
Vanguard | 14.49 mm | $574.62 bn |
STT State Street | 6.38 mm | $253.14 bn |
Dimensional Fund Advisors | 5.02 mm | $198.89 bn |
Frontier Capital Management | 3.45 mm | $136.94 bn |
Geode Capital Management | 2.45 mm | $97.25 bn |
River Road Asset Management | 2.28 mm | $90.35 bn |
Millennium Management | 2.26 mm | $89.69 bn |
MCQEF Macquarie | 2.16 mm | $85.66 bn |
IVZ Invesco | 2.05 mm | $81.46 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Mar 24 | Barton R Brookman JR | Common Stock, $.01 Par Value | Grant | Acquire A | No | No | 0 | 1,839 | 0.00 | 1,839 |
1 Mar 24 | Lutey Mary Ellen | Common Stock, $.01 Par Value | Sell | Dispose S | Yes | No | 44.5 | 43,506 | 1.94 mm | 12,472 |
29 Dec 23 | Lutey Mary Ellen | Common Stock, $.01 Par Value | Other | Acquire J | Yes | No | 26.89 | 282 | 7.58 k | 55,978 |
29 Dec 23 | Lutey Mary Ellen | Common Stock, $.01 Par Value | Other | Acquire J | No | No | 26.89 | 285 | 7.66 k | 116,836 |
9 Nov 23 | Pursell A Wade | Common Stock, $.01 Par Value | Gift | Dispose G | No | No | 0 | 1,000 | 0.00 | 377,984 |
7 Sep 23 | Herbert S Vogel | Common Stock, $.01 Par Value | Gift | Dispose G | No | No | 0 | 5,000 | 0.00 | 460,174 |
News
Analyst Ratings For SM Energy
22 Apr 24
Keybanc Maintains Overweight on SM Energy, Raises Price Target to $65
22 Apr 24
Peering Into SM Energy's Recent Short Interest
18 Apr 24
Wells Fargo Maintains Equal-Weight on SM Energy, Raises Price Target to $51
18 Apr 24
Keybanc Maintains Overweight on SM Energy, Raises Price Target to $62
12 Apr 24
Press releases
SM ENERGY SCHEDULES FIRST QUARTER 2024 EARNINGS RELEASE AND CALL
18 Apr 24
EnerCom is Pleased to Announce that Registration is Now Open for the 29th Annual EnerCom Denver - The Energy Investment Conference
16 Apr 24
SM ENERGY DECLARES QUARTERLY CASH DIVIDEND
26 Mar 24
SM ENERGY ANNOUNCES THE APPOINTMENT OF BARTON R. BROOKMAN TO THE COMPANY'S BOARD OF DIRECTORS AND PROMOTION OF JAMES B. LEBECK
21 Feb 24
SM ENERGY REPORTS 2023 RESULTS AND 2024 OPERATING PLAN
21 Feb 24