SM SM Energy Co

$SM it is not miracle. oil companies for this year are one of best portfolio stabilizers. and one of lowest (best) p/e , p/cashflow and p/book

$SM a pleasure to be temporarly -11% in a solid position and in a seriuos company. With a FWD PE of ~4 I can sleep in a good way. The usual little trick of a good earnings release. Available also to avg down if it happens, not worried at all.

$SM Q3 '26 Earnings Results & Recap • Reported GAAP EPS of $1.95 up 46.62% YoY • Reported revenue of $2.17B up 167.38% YoY • SM Energy narrowed full-year 2026 total production guidance to 420-422 MBoe/d and expects oil production of 220-222 MBbl/d, capital expenditures of approximately $2.75B, and cash taxes of $100M.

$SM SM Energy tonight. Just one miss in 5 years. Impressive. Dirt cheap as everyone hates energy. Forward P/E of just 4.5. (No position)

$SM what’s wrong with this profitable company. Why sell it. There is always some reason

$SM in the $XLE Sector and the Exploration & Production Industry, looks like a good reset. It would be purchased when a second green brick is printed and completed. However, $SPY ’s weekly brick is still red, so NO NEW LONGS.

$SM The thing is that the company is already generating a massive profit and paying out the debt, doesn't matter how high will go up oil ,of course it does matter, but not so important. Even having these $100 WTI, but for longer is a very setup for $60,70,80 per share. And oil is not going down any time soon. So it is a perfect price to enter.

$SM Analysts are bullish on SM Energy and not just for 2026. It's one of the few E&Ps where the analysts already have further earnings growth expected for 2027. 2 earnings estimates for 2027 were revised higher in just the last week as analysts realize that oil is going to be higher for longer. (no position)

$SM Daily. With natural gas acting better, SM Energy has been a standout: Held above rising 200-day m.a. comfortably during consolidation and threatening multi-year highs here

Moody’s upgraded SM Energy’s corporate family rating to Ba2 from Ba3 and its senior unsecured debt rating to Ba3 from B1, while revising its outlook to stable from positive. The upgrade reflects rapid balance-sheet improvement following major acquisitions and favorable commodity prices. Moody’s maintained its top-tier speculative-grade SGL-1 liquidity assessment. The company’s 2026 Civitas Resources acquisition and its earlier purchase of an 80% stake in XCL Resources transformed SM Energy into a major multi-basin producer, increasing output to 433,000 barrels of oil equivalent per day in Q3 2026, versus 170,000 two years earlier. Deleveraging has been a key catalyst: SM completed $1 billion in non-core asset sales and captured $400 million in recurring synergies within ten months of the Civitas deal. Adjusted gross debt declined from a peak of $8.1 billion in Q1 to $6.8 billion in Q3, while retained cash flow to debt improved to 49% from 26%. $SM

$SM 2.7 million barrels were withdrawn from the SPR last week. Not a single barrel has been put back in since this nonsense started. 

$SM It's perfectly normal for a stock of this kind to be correlated, in the short term, with the spot price of raw materials. But what is actually happening from the perspective of its economic fundamentals? 👇

$SM Yay!!!! Prices are returning to normal. Gotta save a buck or two at the pumps you know!!!!

$SM A target that implies a PE ratio <4 is pretty conservative... Also a cut of the 25% of the same target after a good Q3 sounds strange. If we consider SM within a normal cycle, the P/E ratio should remain in a range between 5 and 8. Rather than a forward-looking target, this appears more to be a static valuation based on the trailing twelve months, that fails to account for the fact that 2026 will close 20% higher than tge current TTM. It’s one of two things... either the target they provided on October 20th ($44) was wrong, or this one ($33) is wrong. EPS will grow from $8.1 2026 to ~$8.5 2027 ... $33 can't be a serious target, or it's simply a biased one.

$SM Q3 '26 production was 433K boe/d, with oil at 230K bpd, below midpoint due to Permian downtime and Uinta constraints. Synergies actioned reached $400M, 2x initial goal; $950M asset sales near $1B goal. Net debt fell $1.4B since Q1 to $6B. FY26 capex ~$2.75B; Q4 capex ~$610M; Q4 oil guided at 229–239K bpd. Catalysts in play - $400M synergy run rate in 2027 vs $50M in 2026 budget. - Uinta terminal expansion in Q1 '27 could free ~4K bpd. - Delaware well oil productivity +40% per foot vs 2024. - Uinta completion cost fell to $400/ft from $475. - DJ Basin sand mine targets 40% lower proppant costs. - Low-1x leverage, no maturities until 2028. Risks to watch - Uinta takeaway constraints may persist into early 2027. - Cash taxes rise to $100–120M in 2026 and likely 2027. - Oil hedges cut to ~30% from 50%, raising oil price exposure and risk. - Q3 crude missed midpoint; compliance downtime hurt volumes. - 2027 basin plans await February. - Diesel and consumable inflation could offset efficiency gains.

$SM reported earnings after the close yesterday. Adjusted EPS missed estimates: $1.95 vs. $2.01 expected, according to Stock Meadow.

$SM If they report less than $2.19 as they did last quarter. I would be greatly surprised. They need to keep momentum in EPS and Sales going because they have WTI price wind at their backs

$SM there must be another major attack on Iran. That will be the peak I think. Short term peak.