US · Energy · Oil & Gas E&P
EPS came in at 2.19 against a street estimate of 1.93 — a beat of 13.5%.
Analysts rate SM Energy Co a buy (8 buy, 6 hold, 0 sell out of 14) with an average price target of $42.47.
CONFIDENT SM delivered $467M adjusted free cash flow in Q2 2026, first full quarter post-merger. Returned $137M to shareholders, actioned 95% of synergy targets ($355M of $375M), and reduced net debt by $1.1B. Raised H2 production guidance and lowered G&A by $50M. Balance sheet derisked with no senior note maturities until mid-2028. Q2 2026 All major basins showing operational improvement post-merger. Uinta standout with completion pace more than doubled YTD and >$1M per-well cost savings. Analysts focused on balance sheet path, return framework evolution, and technical progress (Howard County, Uinta innovations, emerging plays). Management emphasized disciplined capital allocation, 80/20 framework flexibility as leverage target approaches, and repeatable technical playbooks being scaled across portfolio. 2026-08-06…
Full summary in the app.
| Fund | Stake |
|---|---|
| BlackRock Inc | 16.16% |
| Vanguard Portfolio Management, LLC | 6.41% |
| Canada Pension Plan Investment Board | 6.09% |
| Aristeia Capital, LLC | 5.47% |
| State Street Corp | 5.25% |
| Vanguard Capital Management, LLC | 4.43% |
| American Century Companies Inc | 3.76% |
| Dimensional Fund Advisors, Inc. | 3.44% |
| Document | Date |
|---|---|
| Current report · Q3 2026 SM ENERGY COMPANY - FORM 8-K SUMMARY HEADLINE NUMBERS • Debt Redemption Amount: $416,791,000 paid on September 4, 2026 • Instrument Redeemed: 6.625% | 2026-09-04 |
| Quarterly report · Q2 2026 SM ENERGY COMPANY - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Net Income (Q2 2026): $1,071 million (vs. $202 million in Q2 2025) — increase of 430% • | 2026-08-06 |
| Results announced · Q3 2026 SM ENERGY COMPANY – Q2 2026 RESULTS SUMMARY HEADLINE NUMBERS • Net income: $4.46 per diluted share (Q2 2026); adjusted net income $2.19 per diluted | 2026-08-05 |
| Results announced · Q3 2026 SM ENERGY COMPANY - FORM 8-K SUMMARY Filed July 16, 2026 --- HEADLINE NUMBERS • Q2 2026 Oil realized price (before derivatives): $96.85 per barrel | 2026-07-16 |
| Current report · Q2 2026 SM ENERGY COMPANY - FORM 8-K SUMMARY HEADLINE NUMBERS • Debt Redemption Amount: $419,235,000 paid on June 1, 2026 • Debt Instrument: 6.75% Senior No | 2026-06-01 |
| Quarterly report · Q1 2026 SM ENERGY COMPANY - Q1 2026 SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Total Assets: $19.1 billion as of March 31, 2026 (vs. $9.3 billion Decem | 2026-05-07 |
| Proxy statement · Q4 2025 SM ENERGY COMPANY 2026 PROXY SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Elect 11 director nominees to the Board of Directors, serving unt | 2026-04-08 |
| Annual report FY2025 SM ENERGY COMPANY – FORM 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Company: SM Energy Company, independent oil, gas, and NGL producer; fo | 2026-02-26 |
Readable in the app.
| Action | Detail | Date |
|---|---|---|
| Dividend | $0.22 / share ex-date Sep 4, 2026 · pay Sep 21, 2026 | 2026-09-04 |
| Dividend | $0.22 / share ex-date Jun 8, 2026 · pay Jun 22, 2026 | 2026-06-08 |
| Dividend | $0.22 / share ex-date Mar 9, 2026 · pay Mar 23, 2026 | 2026-03-09 |
| Dividend | $0.20 / share ex-date Dec 26, 2025 · pay Jan 9, 2026 | 2025-12-26 |
| Dividend | $0.20 / share ex-date Oct 17, 2025 · pay Nov 3, 2025 | 2025-10-17 |
| Announcement | Date |
|---|---|
| 2026 outlook and guidance provided; fixed dividend policy increased SM Energy Company announced its Q4 2025 and full-year 2025 financial results on February 25, 2026. The company also provided 2026 guidance and disclosed that its Board of Directors approved | 2026-02-25 |
| Signed agreement to sell oil and gas assets for $950 million SM Energy Company agreed to sell approximately 61,000 net acres of oil and gas assets in Texas's Maverick Basin to Caturus Energy for $950 million in cash. The deal was signed February 17, 2 | 2026-02-18 |
| Completed merger with Civitas; amended credit agreement and assumed debt SM Energy completed a merger with Civitas Resources and made significant changes to its debt structure on January 30, 2026. The company amended its credit facility with Wells Fargo, extendin | 2026-01-30 |
| Stockholders approve merger with Civitas Resources; closing expected soon SM Energy Company held a stockholder vote on January 27, 2026, to approve its merger with Civitas Resources. Both key proposals passed overwhelmingly: (1) shareholders approved issuing SM En | 2026-01-27 |
| Merger with Civitas Resources progressing; director transitions announced SM Energy Company is completing its previously announced merger with Civitas Resources. As of the merger closing, four current directors (Bailo, Powers, Sullivan, Vogel) will resign, and six | 2026-01-26 |
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Google PlayApp StoreData updated 2026-09-18.