SM SM Energy Dashboard

SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in the state of Texas.

Company profile

Ticker

Exchange

NYSE

Website

sm-energy.com

CEO

Javan Ottoson

Incorporated

Delaware

Location

Colorado

Fiscal year end

Dec 31

Sector

Mining, Quarrying, and Oil and Gas Extraction > Crude Petroleum and Natural Gas Extraction

Industry (SIC)

Crude Petroleum & Natural Gas

Petroleo Brasileiro S.A. Petrobras • Anadarko Petroleum • Occidental Petroleum • Marathon Oil • Apache • Chesapeake Energy • Devon Energy • EOG Resources • Pressburg • Ovintiv ...

Former names

ST MARY LAND & EXPLORATION CO

SEC CIK

0000893538

Corporate docs

Articles of Incorporation & Bylaws

IRS number

410518430

SM stock data

S&P 500

1M 1Y 2Y 5Y

News

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Stocks That Hit 52-Week Highs On Friday

25 Jun 21

This morning 143 companies set new 52-week highs.

Stocks That Hit 52-Week Highs On Thursday

24 Jun 21

Before 10 a.m. ET on Thursday, 145 companies set new 52-week highs.

Mid-Day Market Update: Crude Oil Rises Over 1%; Gemini Therapeutics Shares Slide

23 Jun 21

Midway through trading Wednesday, the Dow traded up 0.01% to 33,948.64 while the NASDAQ rose 0.19% to 14,280.41. The S&P also rose, gaining 0.10% to 4,250.86.

Mid-Morning Market Update: Markets Rise; IHS Markit Earnings Beat Views

23 Jun 21

Stocks That Hit 52-Week Highs On Wednesday

23 Jun 21

Press releases

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SM Energy Schedules Second Quarter 2021 Earnings Release And Call

19 Jul 21

DENVER, July 19, 2021 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its second quarter 2021 financial and operating results after market on July 29, 2021.

SM Energy Company Announces Early Results And Upsizing Of Tender Offer And Consent Solicitation

23 Jun 21

DENVER, June 23, 2021 /PRNewswire/ -- SM Energy Company ("SM Energy") (NYSE:SM) announced today the early results and upsizing of its previously announced tender offer (the "Offers") to purchase (i) any

SM Energy Upsizes And Prices $400 Million Public Offering Of Senior Notes Due 2028

9 Jun 21

DENVER, June 9, 2021 /PRNewswire/ -- SM Energy Company ("SM Energy") (NYSE:SM) announced today that it has priced an offering of $400 million in aggregate principal amount of its 6.500% senior unsecured notes due

SM Energy Announces $350 Million Public Offering Of Senior Notes Due 2028

9 Jun 21

SM Energy Company Announces Cash Tender Offer For Any And All Of Its 6.125% Senior Notes Due 2022 And Up To $130.0 million Aggregate Principal Amount Of Its 5.000% Senior Notes Due 2024 And Related Solicitation Of Consent

9 Jun 21

Calendar

30 Apr 21

27 Jul 21

31 Dec 21

Financial summary

Financial statements Chart SM financial data

Quarter (USD)	Mar 21	Dec 20	Sep 20	Jun 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from SM Energy earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)
Cash burn (monthly)	3.33K	833.33	83.72M	73.64M	(positive/no burn)	(positive/no burn)
Cash used (since last report)	12.94K	3.23K	325M	285.87M	n/a	n/a
Cash remaining	-12.94K	-3.23K	-325M	-285.87M	n/a	n/a
Runway (months of cash)	-3.9	-3.9	-3.9	-3.9	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

SM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
1 Jul 21	Newton Lehman E III	Common Stock, $.01 Par Value	Payment of exercise	Dispose F	No	No	24.63	1,021	25.15K	104,141
1 Jul 21	Newton Lehman E III	Common Stock, $.01 Par Value	Option exercise	Aquire M	No	No	0	4,189	0	105,162
1 Jul 21	Newton Lehman E III	Common Stock, $.01 Par Value	Payment of exercise	Dispose F	No	No	24.63	416	10.25K	100,973
1 Jul 21	Newton Lehman E III	Common Stock, $.01 Par Value	Option exercise	Aquire M	No	No	0	1,703	0	101,389
1 Jul 21	Newton Lehman E III	RSU Common Stock, $.01 Par Value	Option exercise	Dispose M	No	No	0	4,189	0	4,190
1 Jul 21	Newton Lehman E III	RSU Common Stock, $.01 Par Value	Option exercise	Dispose M	No	No	0	1,703	0	0
1 Jul 21	Lutey Mary Ellen	Common Stock, $.01 Par Value	Payment of exercise	Dispose F	Yes	No	24.63	521	12.83K	38,171
1 Jul 21	Lutey Mary Ellen	Common Stock, $.01 Par Value	Option exercise	Aquire M	Yes	No	0	1,801	0	38,692
1 Jul 21	Lutey Mary Ellen	Common Stock, $.01 Par Value	Payment of exercise	Dispose F	No	No	24.63	1,211	29.83K	65,106
1 Jul 21	Lutey Mary Ellen	Common Stock, $.01 Par Value	Option exercise	Aquire M	No	No	0	4,189	0	66,317

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

SM institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

78.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	180	4	+4400.0%
Opened positions	177	2	+8750.0%
Closed positions	1	1	–
Increased positions	1	0	NEW
Reduced positions	1	0	NEW

13F shares	Current	Prev Q	Change
Total value	13.28B	73.04M	+18075.8%
Total shares	94.97M	11.3M	+740.1%
Total puts	362.4K	0	NEW
Total calls	1.69M	0	NEW
Total put/call ratio	0.2	–	–

Largest owners	Shares	Value	Change
BLK Blackrock	17.67M	$289.29M	NEW
Vanguard	9.82M	$160.78M	NEW
STT State Street	8.43M	$137.92M	NEW
Maple Rock Capital Partners	7.34M	$120.17M	-17.6%
Charles Schwab Investment Management	3.55M	$58.15M	NEW
Dimensional Fund Advisors	2.96M	$48.51M	+81.2%
Geode Capital Management	2.08M	$34.05M	NEW
Parametric Portfolio Associates	2.05M	$33.63M	NEW
GS Goldman Sachs	1.9M	$31.06M	NEW
Two Sigma Advisers	1.88M	$30.85M	NEW

Largest transactions	Shares	Bought/sold	Change
BLK Blackrock	17.67M	+17.67M	NEW
Vanguard	9.82M	+9.82M	NEW
STT State Street	8.43M	+8.43M	NEW
Charles Schwab Investment Management	3.55M	+3.55M	NEW
Geode Capital Management	2.08M	+2.08M	NEW
Parametric Portfolio Associates	2.05M	+2.05M	NEW
GS Goldman Sachs	1.9M	+1.9M	NEW
Two Sigma Advisers	1.88M	+1.88M	NEW
D. E. Shaw & Co.	1.65M	+1.65M	NEW
Maple Rock Capital Partners	7.34M	-1.57M	-17.6%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Sanchez Energy

Management Discussion

Over a period of several days in February 2021, the state of Texas was impacted by a significant weather event that resulted in abnormally low temperatures, freezing conditions, and widespread power outages (“Texas Weather Event”). During this time, we experienced interruptions to third-party power supply and third-party gas gathering that led to well shut-ins at our Midland Basin and South Texas assets, which resulted in reduced production for approximately 14 days. Our supply chain was also impacted, causing significant delays in delivery of materials and technological services necessary to resume drilling and completion activities, which in turn resulted in delays in bringing new wells online, further impacting first quarter production. The oil and gas production industry in Texas experienced significant interruptions to production while demand for energy in Texas significantly increased due to cold temperatures. The lack of supply and increase in demand for energy during this period caused a temporary spike in gas prices. While the comprehensive impacts of the Texas Weather Event are not expected to have a material impact on our full year 2021 business operations, financial position, or operating results, this event temporarily impacted our total production volumes; oil, gas, and NGL production revenue; other operating income; oil, gas, and NGL production expense; and net derivative (gain) loss for the three months ended March 31, 2021. Please refer to A Three Month Overview of Selected Production and Financial Information, Including Trends and Comparison of Financial Results and Trends Between the Three Months Ended March 31, 2021, and December 31, 2020, and Between the Three Months Ended March 31, 2021, and 2020 below for additional discussion.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

New words: abnormally, bear, chain, citing, clarifying, cold, concentrated, demonstrating, deployment, Disease, domestic, East, exemption, farmout, free, freezing, goal, imbalance, infection, inventory, law, legislation, Magellan, Maverick, MBbl, meaningful, MEH, Occupational, registration, regularly, seasonal, sequential, spike, technological, temporarily, temporary, transmission, turmoil, turn, unregistered, upgraded, weather, widespread

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From filing 10-Q 2021 Q1