SM Energy Company (the “Company”), an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. It has working interests in oil and gas producing wells in the Midland Basin and South Texas. The Company was founded in 1908 and is headquartered in Denver, Colorado.

In 2023, SM Energy Company reported revenues of $2.37 billion, operating income of $986 million, and net income of $817 million.

The Company has 114.4 million shares outstanding and a market capitalization of $4.9 billion. $SM currently trades at $41.78 per share, with earnings per share (EPS) of $7.15, equal to an earnings yield of 17.3%.