SM Energy Net Worth
SM Energy Net Worth Breakdown | SM |
SM Energy Net Worth Analysis
SM Energy's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including SM Energy's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of SM Energy's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform SM Energy's net worth analysis. One common approach is to calculate SM Energy's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares SM Energy's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing SM Energy's net worth. This approach calculates the present value of SM Energy's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of SM Energy's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate SM Energy's net worth. This involves comparing SM Energy's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into SM Energy's net worth relative to its peers.
Enterprise Value |
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To determine if SM Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding SM Energy's net worth research are outlined below:
| SM Energy generated a negative expected return over the last 90 days | |
| SM Energy Co reports 2.71 B of total liabilities with total debt to equity ratio (D/E) of 0.64, which is normal for its line of buisiness. SM Energy has a current ratio of 0.61, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for SM Energy to invest in growth at high rates of return. | |
| Over 98.0% of SM Energy shares are owned by institutional investors | |
| On 3rd of February 2025 SM Energy paid $ 0.2 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: SM Energy Co Stock Price Down 4.1 percent on Mar 13 |
SM Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in SM Energy Co. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to SM Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
SM Energy Target Price Consensus
SM Energy target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. SM Energy's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 15 | Strong Buy |
Most SM Energy analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand SM Energy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of SM Energy, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationSM Energy Target Price Projection
SM Energy's current and average target prices are 30.30 and 53.13, respectively. The current price of SM Energy is the price at which SM Energy Co is currently trading. On the other hand, SM Energy's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On SM Energy Target Price
Know SM Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as SM Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading SM Energy Co backward and forwards among themselves. SM Energy's institutional investor refers to the entity that pools money to purchase SM Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | River Road Asset Management, Llc | 2024-12-31 | 1.8 M | Citadel Advisors Llc | 2024-12-31 | 1.6 M | Northern Trust Corp | 2024-12-31 | 1.4 M | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 1.4 M | Goldman Sachs Group Inc | 2024-12-31 | 1.4 M | Charles Schwab Investment Management Inc | 2024-12-31 | 1.3 M | Bank Of New York Mellon Corp | 2024-12-31 | 1.2 M | Frontier Capital Management Co Inc | 2024-12-31 | 1.2 M | Voloridge Investment Management, Llc | 2024-12-31 | 1.2 M | Blackrock Inc | 2024-12-31 | 18.1 M | Vanguard Group Inc | 2024-12-31 | 15.2 M |
Follow SM Energy's market capitalization trends
The company currently falls under 'Mid-Cap' category with a market capitalization of 3.46 B.Market Cap |
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Project SM Energy's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.09 | 0.06 | |
| Return On Capital Employed | 0.14 | 0.12 | |
| Return On Assets | 0.09 | 0.06 | |
| Return On Equity | 0.18 | 0.10 |
When accessing SM Energy's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures SM Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of SM Energy's profitability and make more informed investment decisions.
Evaluate SM Energy's management efficiency
SM Energy has Return on Asset (ROA) of 0.0899 % which means that for every $100 of assets, it generated a profit of $0.0899. This is way below average. Likewise, it shows a return on total equity (ROE) of 0.1962 %, which means that it produced $0.1962 on every 100 dollars invested by current stockholders. SM Energy's management efficiency ratios could be used to measure how well SM Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of March 2025, Return On Tangible Assets is likely to drop to 0.06. In addition to that, Return On Capital Employed is likely to drop to 0.12. At this time, SM Energy's Total Assets are very stable compared to the past year. As of the 19th of March 2025, Non Currrent Assets Other is likely to grow to about 106.7 M, while Total Current Assets are likely to drop about 290 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 36.92 | 38.77 | |
| Tangible Book Value Per Share | 36.92 | 38.77 | |
| Enterprise Value Over EBITDA | 3.73 | 3.88 | |
| Price Book Value Ratio | 1.05 | 1.17 | |
| Enterprise Value Multiple | 3.73 | 3.88 | |
| Price Fair Value | 1.05 | 1.17 | |
| Enterprise Value | 3.8 B | 4 B |
SM Energy has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Enterprise Value Revenue 2.3245 | Revenue | Quarterly Revenue Growth 0.408 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific SM Energy insiders, such as employees or executives, is commonly permitted as long as it does not rely on SM Energy's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases SM Energy insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
SM Energy Corporate Filings
F3 | 11th of March 2025 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
F4 | 5th of March 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10K | 20th of February 2025 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
8K | 19th of February 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
SM Energy Earnings Estimation Breakdown
The calculation of SM Energy's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of SM Energy is estimated to be 2.03 with the future projection ranging from a low of 0.98 to a high of 1.94. Please be aware that this consensus of annual earnings estimates for SM Energy Co is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
0.98 Lowest | Expected EPS | 1.94 Highest |
SM Energy Earnings Projection Consensus
Suppose the current estimates of SM Energy's value are higher than the current market price of the SM Energy stock. In this case, investors may conclude that SM Energy is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and SM Energy's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of March 2025 | Current EPS (TTM) | |
| 15 | 92.46% | 1.91 | 2.03 | 6.67 |
SM Energy Earnings per Share Projection vs Actual
Actual Earning per Share of SM Energy refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering SM Energy Co predict the company's earnings will be in the future. The higher the earnings per share of SM Energy, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.SM Energy Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as SM Energy, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of SM Energy should always be considered in relation to other companies to make a more educated investment decision.SM Energy Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact SM Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2025-02-19 | 2024-12-31 | 1.9128 | 1.91 | -0.0028 | 0 | ||
2024-10-31 | 2024-09-30 | 1.53 | 1.62 | 0.09 | 5 | ||
2024-08-07 | 2024-06-30 | 1.53 | 1.85 | 0.32 | 20 | ||
2024-05-02 | 2024-03-31 | 1.28 | 1.41 | 0.13 | 10 | ||
2024-02-21 | 2023-12-31 | 1.38 | 1.59 | 0.21 | 15 | ||
2023-11-02 | 2023-09-30 | 1.59 | 1.73 | 0.14 | 8 | ||
2023-08-02 | 2023-06-30 | 1.09 | 1.28 | 0.19 | 17 | ||
2023-04-27 | 2023-03-31 | 1.28 | 1.33 | 0.05 | 3 | ||
2023-02-22 | 2022-12-31 | 1.26 | 1.29 | 0.03 | 2 | ||
2022-11-03 | 2022-09-30 | 1.9 | 1.82 | -0.08 | 4 | ||
2022-08-03 | 2022-06-30 | 2.1 | 2.19 | 0.09 | 4 | ||
2022-04-28 | 2022-03-31 | 1.69 | 1.98 | 0.29 | 17 | ||
2022-02-24 | 2021-12-31 | 0.74 | 1.14 | 0.4 | 54 | ||
2021-10-28 | 2021-09-30 | 0.13 | 0.74 | 0.61 | 469 | ||
2021-07-29 | 2021-06-30 | -0.23 | 0.01 | 0.24 | 104 | ||
2021-04-29 | 2021-03-31 | -0.23 | -0.05 | 0.18 | 78 | ||
2021-02-17 | 2020-12-31 | 0.05 | 0.02 | -0.03 | 60 | ||
2020-10-29 | 2020-09-30 | -0.28 | -0.05 | 0.23 | 82 | ||
2020-07-30 | 2020-06-30 | -0.5 | -0.15 | 0.35 | 70 | ||
2020-04-29 | 2020-03-31 | -0.17 | -0.05 | 0.12 | 70 | ||
2020-02-19 | 2019-12-31 | -0.04 | -0.04 | 0.0 | 0 | ||
2019-10-31 | 2019-09-30 | -0.12 | -0.11 | 0.01 | 8 | ||
2019-08-01 | 2019-06-30 | -0.11 | 0.01 | 0.12 | 109 | ||
2019-05-01 | 2019-03-31 | -0.21 | -0.34 | -0.13 | 61 | ||
2019-02-20 | 2018-12-31 | -0.16 | -0.18 | -0.02 | 12 | ||
2018-11-01 | 2018-09-30 | 0.16 | -0.01 | -0.17 | 106 | ||
2018-08-01 | 2018-06-30 | 0.08 | 0.15 | 0.07 | 87 | ||
2018-05-03 | 2018-03-31 | 0.04 | 0.07 | 0.03 | 75 | ||
2018-02-21 | 2017-12-31 | -0.14 | -0.08 | 0.06 | 42 | ||
2017-11-02 | 2017-09-30 | -0.31 | -0.25 | 0.06 | 19 | ||
2017-08-03 | 2017-06-30 | -0.29 | -0.32 | -0.03 | 10 | ||
2017-05-02 | 2017-03-31 | -0.35 | -0.18 | 0.17 | 48 | ||
2017-02-22 | 2016-12-31 | -0.4 | -0.31 | 0.09 | 22 | ||
2016-11-01 | 2016-09-30 | -0.59 | -0.37 | 0.22 | 37 | ||
2016-08-02 | 2016-06-30 | -0.67 | -0.44 | 0.23 | 34 | ||
2016-05-03 | 2016-03-31 | -0.84 | -0.83 | 0.01 | 1 | ||
2016-02-23 | 2015-12-31 | -0.58 | -0.9 | -0.32 | 55 | ||
2015-10-27 | 2015-09-30 | -0.29 | -0.34 | -0.05 | 17 | ||
2015-07-28 | 2015-06-30 | -0.19 | 0.49 | 0.68 | 357 | ||
2015-05-05 | 2015-03-31 | 0.28 | 0.21 | -0.07 | 25 | ||
2015-02-24 | 2014-12-31 | 1.11 | 1.05 | -0.06 | 5 | ||
2014-10-28 | 2014-09-30 | 1.47 | 1.44 | -0.03 | 2 | ||
2014-07-29 | 2014-06-30 | 1.6 | 1.56 | -0.04 | 2 | ||
2014-04-29 | 2014-03-31 | 1.5 | 1.58 | 0.08 | 5 | ||
2014-02-18 | 2013-12-31 | 1.46 | 1.26 | -0.2 | 13 | ||
2013-10-29 | 2013-09-30 | 1.1 | 1.54 | 0.44 | 40 | ||
2013-07-30 | 2013-06-30 | 0.76 | 0.76 | 0.0 | 0 | ||
2013-04-30 | 2013-03-31 | 0.57 | 0.82 | 0.25 | 43 | ||
2013-02-20 | 2012-12-31 | 0.23 | 0.45 | 0.22 | 95 | ||
2012-10-31 | 2012-09-30 | 0.07 | 0.14 | 0.07 | 100 | ||
2012-08-01 | 2012-06-30 | 0.22 | 0.09 | -0.13 | 59 | ||
2012-05-02 | 2012-03-31 | 0.5 | 0.48 | -0.02 | 4 | ||
2012-02-22 | 2011-12-31 | 0.57 | 0.6 | 0.03 | 5 | ||
2011-10-31 | 2011-09-30 | 0.67 | 0.63 | -0.04 | 5 | ||
2011-08-01 | 2011-06-30 | 0.55 | 0.91 | 0.36 | 65 | ||
2011-05-02 | 2011-03-31 | 0.44 | 0.42 | -0.02 | 4 | ||
2011-02-24 | 2010-12-31 | 0.3 | 0.46 | 0.16 | 53 | ||
2010-11-02 | 2010-09-30 | 0.18 | 0.31 | 0.13 | 72 | ||
2010-08-02 | 2010-06-30 | 0.15 | 0.16 | 0.01 | 6 | ||
2010-05-03 | 2010-03-31 | 0.26 | 0.45 | 0.19 | 73 | ||
2010-02-22 | 2009-12-31 | 0.26 | 0.31 | 0.05 | 19 | ||
2009-11-02 | 2009-09-30 | 0.2 | 0.23 | 0.03 | 15 | ||
2009-08-03 | 2009-06-30 | 0.02 | 0.24 | 0.22 | 1100 | ||
2009-05-04 | 2009-03-31 | 0.14 | -0.01 | -0.15 | 107 | ||
2009-02-23 | 2008-12-31 | 0.55 | 0.43 | -0.12 | 21 | ||
2008-11-03 | 2008-09-30 | 1.12 | 1.2 | 0.08 | 7 | ||
2008-08-04 | 2008-06-30 | 1.29 | 1.29 | 0.0 | 0 | ||
2008-05-01 | 2008-03-31 | 0.99 | 1.15 | 0.16 | 16 | ||
2008-02-21 | 2007-12-31 | 0.93 | 1.0 | 0.07 | 7 | ||
2007-11-01 | 2007-09-30 | 0.81 | 0.89 | 0.08 | 9 | ||
2007-08-02 | 2007-06-30 | 0.67 | 0.85 | 0.18 | 26 | ||
2007-05-03 | 2007-03-31 | 0.68 | 0.72 | 0.04 | 5 | ||
2007-02-22 | 2006-12-31 | 0.73 | 0.75 | 0.02 | 2 | ||
2006-11-01 | 2006-09-30 | 0.74 | 0.83 | 0.09 | 12 | ||
2006-08-02 | 2006-06-30 | 0.7 | 0.74 | 0.04 | 5 | ||
2006-05-03 | 2006-03-31 | 0.85 | 0.83 | -0.02 | 2 | ||
2006-02-23 | 2005-12-31 | 1.03 | 1.12 | 0.09 | 8 | ||
2005-11-03 | 2005-09-30 | 0.83 | 0.95 | 0.12 | 14 | ||
2005-08-03 | 2005-06-30 | 0.62 | 0.59 | -0.03 | 4 | ||
2005-05-03 | 2005-03-31 | 0.52 | 0.54 | 0.02 | 3 | ||
2005-02-24 | 2004-12-31 | 0.4 | 0.42 | 0.02 | 5 | ||
2004-11-03 | 2004-09-30 | 0.34 | 0.36 | 0.02 | 5 | ||
2004-08-03 | 2004-06-30 | 0.35 | 0.35 | 0.0 | 0 | ||
2004-04-30 | 2004-03-31 | 0.35 | 0.33 | -0.02 | 5 | ||
2004-02-26 | 2003-12-31 | 0.24 | 0.29 | 0.05 | 20 | ||
2003-11-05 | 2003-09-30 | 0.25 | 0.21 | -0.04 | 16 | ||
2003-08-08 | 2003-06-30 | 0.33 | 0.36 | 0.03 | 9 | ||
2003-05-09 | 2003-03-31 | 0.41 | 0.41 | 0.0 | 0 | ||
2003-02-20 | 2002-12-31 | 0.17 | 0.17 | 0.0 | 0 | ||
2002-11-06 | 2002-09-30 | 0.08 | 0.14 | 0.06 | 75 | ||
2002-08-08 | 2002-06-30 | 0.11 | 0.16 | 0.05 | 45 | ||
2002-05-08 | 2002-03-31 | 0.03 | 0.04 | 0.01 | 33 | ||
2002-02-20 | 2001-12-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2001-11-07 | 2001-09-30 | 0.08 | 0.09 | 0.01 | 12 | ||
2001-08-08 | 2001-06-30 | 0.26 | 0.25 | -0.01 | 3 | ||
2001-05-09 | 2001-03-31 | 0.37 | 0.36 | -0.01 | 2 | ||
2001-02-22 | 2000-12-31 | 0.35 | 0.28 | -0.07 | 20 | ||
2000-11-08 | 2000-09-30 | 0.29 | 0.3 | 0.01 | 3 | ||
2000-08-09 | 2000-06-30 | 0.18 | 0.25 | 0.07 | 38 | ||
2000-05-09 | 2000-03-31 | 0.13 | 0.14 | 0.01 | 7 | ||
2000-02-22 | 1999-12-31 | 0.05 | 0.07 | 0.02 | 40 | ||
1999-11-15 | 1999-09-30 | 0.05 | 0.06 | 0.01 | 20 | ||
1999-08-06 | 1999-06-30 | 0.02 | 0.04 | 0.02 | 100 | ||
1999-02-19 | 1998-12-31 | 0.01 | -0.11 | -0.12 | 1200 | ||
1998-11-18 | 1998-09-30 | 0.01 | -0.03 | -0.04 | 400 | ||
1998-08-07 | 1998-06-30 | 0.07 | 0.05 | -0.02 | 28 | ||
1998-05-08 | 1998-03-31 | 0.05 | 0.04 | -0.01 | 20 | ||
1998-02-25 | 1997-12-31 | 0.13 | 0.14 | 0.01 | 7 | ||
1997-11-05 | 1997-09-30 | 0.08 | 0.09 | 0.01 | 12 | ||
1997-08-07 | 1997-06-30 | 0.07 | 0.07 | 0.0 | 0 | ||
1997-05-06 | 1997-03-31 | 0.1 | 0.14 | 0.04 | 40 | ||
1997-03-03 | 1996-12-31 | 0.08 | 0.13 | 0.05 | 62 | ||
1996-11-07 | 1996-09-30 | 0.08 | 0.09 | 0.01 | 12 | ||
1996-08-06 | 1996-06-30 | 0.06 | 0.07 | 0.01 | 16 | ||
null | null | null | null | null | 0 | ||
null | null | null | null | null | 0 | ||
1995-08-08 | 1995-06-30 | 0.05 | 0.04 | -0.01 | 20 |
SM Energy Corporate Directors
| Julio Quintana | Lead Independent Director | Profile | |
| Jennifer Samuels | Sr. Director of Investor Relations | Profile | |
| Loren Leiker | Independent Director | Profile | |
| Rose Robeson | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SM Energy. If investors know SM Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SM Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Dividend Share 0.76 | Earnings Share 6.67 | Revenue Per Share | Quarterly Revenue Growth 0.408 |
The market value of SM Energy is measured differently than its book value, which is the value of SM Energy that is recorded on the company's balance sheet. Investors also form their own opinion of SM Energy's value that differs from its market value or its book value, called intrinsic value, which is SM Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SM Energy's market value can be influenced by many factors that don't directly affect SM Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SM Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SM Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SM Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.