Touchstone
Last syncNov 1, 2026, 6:55 PM ET

SM

Sm Energy Co Energy Crude Petroleum & Natural Gas Russell 3000
$40.38Close $4.6BMarket cap $17.20 – $41.2952-week range Nov 3, 2026Next report · after the close
Stage 2 Leader 4th of 68Contraction Setup 1st of 8

Highlights

Strengths

  • In a stage-2 uptrend all 8 trend conditions pass
  • Leading the market RS 95 · stronger than 95% of stocks over 12 months
  • Near its high 2% below its 52-week high
  • Tight base near its pivot pullbacks 22% → 5%; 0.6% below its $40.61 pivot
  • Volume drying up last 10 days 27% under the 50-day average
  • Earnings growing EPS +154% year on year, faster than the quarter before (+360 pts)

Cautions

  • Results soon Nov 3, 2026, in 2 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 6, 2026
Off 12-month high 2%
1wk up 0.7% price change
1mo up 19.5% price change
12-month return up 103% market up 11% · its own up 91%
F-score — — Not assessed
Altman Z″ 2.77 Low risk
P/E 7.1× price / earnings
PEG — P/E / EPS growth
P/B 1.0× price / book
Earnings yield up 15.3% EBIT / enterprise value
Cheaper than 97% of the market · markedly cheap
Revenue growth up 17% year on year
EPS growth up 154% latest quarter · +360 pts
Sales growth up 215% latest quarter · +140 pts
ROE up 14% return on equity
Free cash margin up 64% $2.0B FCF
D/E 0.48 long-term debt / equity
Net debt / EBITDA 1.9×
Interest cover 5.8×EBIT / interest
Piotroski tests

Repair signals

  • Long-term debt down 15% ($2.7B → $2.3B)

Trade setup

ATR% 3.2% $1.30 a day · 2×ATR $37.78
RS 95 / 99 vs the universe
Trend 8 / 8 trend template
Relative volume 0.8× vs 50-day average
Up/down volume 0.99 50 sessions
Implied move — no option chain · report Nov 3, 2026
Contractions 2 22% → 5%
Pivot $40.61 0.6% below
Volume dry-up 0.7× 10 vs 50 sessions
Trend template · 8 of 8

Screen verdict

2 of 3 screens
  • Stage 2 Leader in mixed conditions
    • RS 95
    • Trend 8/8
    • Off 12-month high 2%
    • EPS growth +154% (accel +360 pts)
    • Sales growth +215% (accel +140 pts)
    • Altman Z″ 2.77 (low risk)
  • Contraction Setup in mixed conditions
    • RS 95
    • Trend 8/8
    • 2 contractions (22% → 5%)
    • 0.6% below pivot 40.61
    • Volume at 73% of its 50d average
    • EPS growth +154% (accel +360 pts)

Warning signs

none flagged
  • No restatement or impairment
  • Equity positive
  • Interest covered
  • No material dilution
  • Profits tracking cash
  • Margins and revenue not shrinking
Last reported Oct 14, 2026
Results reaction Oct 14, 2026-2% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $3.2B +17% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.1B FY2021 · $2.6B FY2022 · $3.4B FY2023 · $2.4B FY2024 · $2.7B FY2025 · $3.2B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $648.0M -16% on FY2024
-$1B $0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$764.6M FY2021 · $36.0M FY2022 · $1.1B FY2023 · $818.0M FY2024 · $770.0M FY2025 · $648.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $2.0B +13% on FY2024
$0 $2.5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $790.9M FY2021 · $1.2B FY2022 · $1.7B FY2023 · $1.6B FY2024 · $1.8B FY2025 · $2.0B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Net 21%
  • Free cash 64%
-100% 0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Net -68% · Free cash 70% FY2021 · Net 1% · Free cash 44% FY2022 · Net 33% · Free cash 50% FY2023 · Net 34% · Free cash 66% FY2024 · Net 29% · Free cash 66% FY2025 · Net 21% · Free cash 64%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $1.9B net debt
  • Cash
  • Long-term debt
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $10,000 · Long-term debt $2.2B FY2021 · Cash $332.7M · Long-term debt $2.1B FY2022 · Cash $445.0M · Long-term debt $1.6B FY2023 · Cash $616.2M · Long-term debt $1.6B FY2024 · Cash $0 · Long-term debt $2.7B FY2025 · Cash $368.0M · Long-term debt $2.3B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 114.63m -0.1% since FY2020
121.93m 114.46m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 114.74m FY2021 · 121.86m FY2022 · 121.93m FY2023 · 115.75m FY2024 · 114.46m FY2025 · 114.63m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $1.1B $2.6B $3.4B $2.4B $2.7B $3.2B
Operating income -$1.1B $209.1M $1.6B $987.0M $1.1B $1.0B
Net income -$764.6M $36.0M $1.1B $818.0M $770.0M $648.0M
Net margin -68% 1% 33% 34% 29% 21%
Earnings per share -$6.72 $0.29 $8.96 $6.87 $6.64 $5.63
Free cash flow $790.9M $1.2B $1.7B $1.6B $1.8B $2.0B
Free cash margin 70% 44% 50% 66% 66% 64%
Cash $10,000 $332.7M $445.0M $616.2M $0 $368.0M
Long-term debt $2.2B $2.1B $1.6B $1.6B $2.7B $2.3B
Shareholders' equity $2.0B $2.1B $3.1B $3.6B $4.2B $4.8B
Shares outstanding 114.74m 121.86m 121.93m 115.75m 114.46m 114.63m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 6, 2026 Quarterly ↗ Jun 30, 2026 37d
May 7, 2026 Quarterly ↗ Mar 31, 2026 37d
Feb 26, 2026 Annual ↗ Dec 31, 2025 57d
Nov 3, 2025 Quarterly ↗ Sep 30, 2025 34d
Aug 1, 2025 Quarterly ↗ Jun 30, 2025 32d
May 2, 2025 Quarterly ↗ Mar 31, 2025 32d
Feb 20, 2025 Annual ↗ Dec 31, 2024 51d
Nov 1, 2024 Quarterly ↗ Sep 30, 2024 32d
Aug 8, 2024 Quarterly ↗ Jun 30, 2024 39d
May 3, 2024 Quarterly ↗ Mar 31, 2024 33d
Feb 22, 2024 Annual ↗ Dec 31, 2023 53d
Nov 3, 2023 Quarterly ↗ Sep 30, 2023 34d

Current reports

FiledDisclosed
Oct 14, 2026 Results ↗
Sep 4, 2026 Agreement ended ↗
Aug 5, 2026 Results · Regulation FD ↗
Jul 16, 2026 Results ↗
Jun 1, 2026 Agreement ended ↗
May 22, 2026 Director or officer change · Shareholder vote ↗
May 12, 2026 Agreement ended ↗
May 6, 2026 Results ↗
Apr 30, 2026 Acquisition or disposal · Regulation FD ↗
Apr 17, 2026 Results ↗
Apr 2, 2026 Regulation FD ↗
Mar 18, 2026 Regulation FD ↗