
SM's Q2 beat, higher production outlook and faster debt reduction temper an 11.2% weekly slide, but leverage and inventory risks keep the setup mixed.
SM Energy Company, an independent energy company, is engaged in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. The company is headquartered in Denver, Colorado.
| Revenue (TTM) | $4.96B |
| Gross Profit (TTM) | $4.29B |
| EBITDA | $3.21B |
| Operating Margin | 60.30% |
| Return on Equity | 16.10% |
| Return on Assets | 6.90% |
| Revenue/Share (TTM) | $29.71 |
| Book Value | $32.90 |
| Price-to-Book | 1.03 |
| Price-to-Sales (TTM) | 1.70 |
| EV/Revenue | 2.807 |
| EV/EBITDA | 4.37 |
| Quarterly Earnings Growth (YoY) | 153.90% |
| Quarterly Revenue Growth (YoY) | 176.10% |
| Shares Outstanding | $237.85M |
| Float | $222.46M |
| % Insiders | 0.94% |
| % Institutions | 99.33% |
Volatility is currently expanding

SM's Q2 beat, higher production outlook and faster debt reduction temper an 11.2% weekly slide, but leverage and inventory risks keep the setup mixed.

SM's Q2 earnings beat estimates as production more than doubled, realized prices rose and free cash flow supported debt reduction and returns.

The headline numbers for SM Energy (SM) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Raises second-half production outlook and maintains full-year capital guidance Delivers record operating cash flow, reduces debt, and returns capital to stockholders DENVER, Aug. 5, 2026 /PRNewswire/ -- SM Energy Company (the "Company" or "SM") (NYSE: SM) today reported financial and operating results for the second quarter 2026. Investor materials, including accompanying slides, can be accessed at https:// sm-energy.com/investors.

DENVER, Aug. 5, 2026 /PRNewswire/ -- SM Energy Company (the "Company" or "SM") (NYSE: SM) today announced that it has instructed the trustee under its 6.625% Senior Notes due 2027 (the "2027 Senior Notes") to issue a notice of full redemption at par of the $417 million aggregate principal amount outstanding, plus accrued and unpaid interest, to the holders of the 2027 Senior Notes (the "Redemption"). The Company intends to redeem the 2027 Senior Notes in full on September 4, 2026, using cash on hand.

SM Energy (SM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Beyond analysts' top-and-bottom-line estimates for SM Energy (SM), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2026.

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies Sponsorship opportunities are available for companies seeking to increase their market presence DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin Denver Downtown. Other keynote speakers participating in the conference include Ron Gusek, CEO of Liberty Energy.

Recently, Zacks.com users have been paying close attention to SM Energy (SM). This makes it worthwhile to examine what the stock has in store.

SM Energy (SM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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