SM Energy Company (SM)

Over the past six months, SM Energy Co.'s stock price has experienced a decline of 10.18%, and a more significant drop of 51.10% over the past year. Key events impacting the stock include earnings reports, where the company reported its Q1 and Q2 2025 earnings, beating analyst estimates and reporting record production volumes. SM Energy reaffirmed its 2025 total net production guidance and increased its oil production growth expectations, while also updating its capital expenditure guidance for 2025. The company declared quarterly cash dividends of $0.20 per share. Elizabeth A. McDonald was appointed as President and Chief Operating Officer, succeeding Herbert S. Vogel. SM Energy's lender group unanimously reaffirmed its borrowing base and approved an amendment to the credit agreement. Reports emerged that Civitas Resources was evaluating a potential merger with SM Energy. Throughout the period, various research firms issued updated ratings and price targets for SM Energy.

As an exploration and production company dealing in crude oil, natural gas, and natural gas liquids, SM Energy's products are subject to seasonal demand fluctuations common in the energy industry. Natural gas demand and prices typically increase during the winter months, gasoline demand generally sees an increase during the summer driving season, and demand for natural gas liquids like propane rises in the fall and winter. These seasonal demand shifts can influence commodity prices and, consequently, the revenue generated from SM Energy's products.

SM Energy Co. is an independent upstream oil and gas company focused on the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGLs) in onshore North America. The company operates in the energy sector, specifically the oil and gas exploration and production (E&P) industry, and its major products include crude oil, natural gas, and natural gas liquids. SM Energy was founded in 1908 and is headquartered in Denver, Colorado.

SM Energy's operations are concentrated in key resource-rich basins across the United States, with primary assets located in the Midland Basin in West Texas, the Maverick Basin in South Texas, and the Uinta Basin in northeast Utah. The company also maintains offices in Texas and Colorado.

SM Energy emphasizes its commitment to operating ethically and sustainably, aiming to responsibly produce energy supplies and have a positive impact on communities. The company highlights its leadership in environmental stewardship, integrating processes and goals to safeguard its surroundings, and protecting the safety and health of its employees. In 2024, the company published updated sustainability disclosures, reporting a 74% reduction in flaring percentage and a 61% improvement in methane intensity in its Texas operations since 2019, progressing towards its 50% GHG emissions reduction target by 2030. No specific events that negatively impacted SM Energy Co.'s brand reputation in the past year were found in the provided search results.

SM Energy Co. has significant institutional ownership, with approximately 94.56% to 99.63% of the company's stock held by institutional investors, including BlackRock, Inc., Vanguard Group Inc, and Dimensional Fund Advisors Lp. Insiders hold a smaller percentage, ranging from 1.44% to 4.81% of the stock. Robert L. Nance is a significant individual shareholder, owning 1.27 million shares.