Added to YB: 2026-03-24
Pitch date: 2026-03-21
SM [bullish]
SM Energy Company
+0.87%
current return
Author Info
No bio for this author
Company Info
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the United States.
Market Cap
$7.2B
Pitch Price
$28.80
Price Target
N/A
Dividend
2.66%
EV/EBITDA
3.60
P/E
5.33
EV/Sales
3.19
Sector
Oil, Gas and Consumable Fuels
Category
turnaround
SM Energy (NYSE: SM) — The Hormuz Proof Play
SM (new position): Hormuz closure cut 20% global oil supply; Brent surged $70→$110 (closed $103). SM is domestic pure-play (TX/UT) via pipelines, no tanker risk. Post-Civitas merger: $5B mkt cap, $3.27B TTM rev, low-breakeven Permian core. $950M South Texas asset sale in Q2 deleverages balance sheet. At $100+ oil, FCF explodes vs majors trading at premium multiples. Geographically insulated asymmetric upside.
Read full article (2 min)