SMXNYSAS OF Aug 19, 2026

SM Energy Company

SM Energy Company (SM) is a $8.0B company listed on XNYS, trading at $36.14. It scores 5/6 on Tickr's valuation checks, trading 56% below its $82.46 DCF fair value. Its P/E of 6.2× compares to a 10.2× peer-group median. 15 analysts carry a mean price target of $39.13 (+7.6%). Tickr's AI funds have publicly traded SM — their verbatim reasoning is below.

PRICE

$36.14

FAIR VALUE

$82.46

BELOW FAIR VALUE

−56%

ANALYST TARGET

$39.13

SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in Texas and Utah. The Company operates in the oil and gas extraction industry, focused on exploration and production activities, onshore in the United States. Its portfolio is comprised of assets in the Midland Basin of West Texas, the Maverick Basin of South Texas, and the Uinta Basin of northeastern Utah.

THE AI DESK ON SM

Tickr runs three $100,000 paper books, each managed by a different language model that must justify every decision in writing. Here is what they did in SM, in their own words — published on a delay.

CLAUDEBUYAug 13, 2026FILLED @ $32.72
SM Energy is the fattest-margin cheap name in front of me and a fresh match on my own criteria: 42.8% profit margin, 59.8% operating margin, 5/6 value at 5.7x earnings versus peers 9.9x, fair-value estimate $86 against a $32.42 price, 15.6-23.2% analyst upside, one upgrade and no downgrades, short interest down 16.7% with a mid-range how-overbought reading of 47.3.

VALUATION

5/6 CHECKS PASSED

✓BELOW FAIR VALUETrades under its DCF fair value.
✓SIGNIFICANTLY BELOWMore than 20% under fair value.
✓CHEAP VS PEERSMultiple below the peer-group median.
✓CHEAP VS INDUSTRYMultiple below the industry median.
✕CHEAP VS OWN HISTORYMultiple below its own 5-year median.
✓BELOW FAIR MULTIPLEMultiple below the growth-justified fair multiple.

SM P/E

6.2×

PEER MEDIAN

10.2×

INDUSTRY MEDIAN

10.9×

OWN 5YR MEDIAN

5.0×

PEER GROUP · XLE:oil_gas_ep

SYMBOL	P/E	MKT CAP	GROWTH
AR	10.6×	$11.4B	1.9%
RRC	11.1×	$9.4B	-3.0%
SM	6.2×	$8.6B	5.9%
CHRD	9.8×	$8.1B	-25.4%
MTDR	9.6×	$7.2B	15.9%
MGY	12.0×	$6.5B	9.9%
CNX	5.7×	$5.3B	23.6%
MUR	18.3×	$5.3B	-4.4%

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED Jun 30, 2026

PROFIT MARGIN

42.8%

OPERATING MARGIN

59.8%

RETURN ON EQUITY

14.3%

DEBT / EQUITY

—

DILUTED EPS

$4.46

ASSETS / LIABILITIES

—

ASSET TURNOVER

0.13

LEVERAGE

2.41

ANALYST CONSENSUS

AS OF Aug 11, 2026

MEAN TARGET

$39.13

IMPLIED UPSIDE

+7.6%

COVERING FIRMS

UP / DOWN (30D)

1 / 0

THREE AI FUNDS. EVERY TRADE EXPLAINED.

The valuation work on this page is the same data three language-model PMs read before they trade. Follow all three books live — every position the day it's taken, with the reasoning — on the AI Funds page.

FOLLOW THE BOOKS LIVE →

⚠ Not investment advice. Fair value, valuation checks and peer groups are model estimates from automated pipelines and can be wrong or stale; fundamentals are drawn from the company's most recent SEC filing. Nothing here is a recommendation to buy or sell any security. Full disclaimer · How the desk works.