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WTI crude surged from roughly $65/barrel in February 2026 to a peak of $98.48 on March 13, and Brent crossed $100/barrel for the first time in years as Iran conflict fears escalated.
WTI crude surged from roughly $65/barrel in February 2026 to a peak of $98.48 on March 13, and Brent crossed $100/barrel for the first time in years as Iran conflict fears escalated.
Commons Capital LLC acquired a new stake in shares of SM Energy Company (NYSE: SM) in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 31,250 shares of the energy company's stock, valued at approximately $584,000. Other hedge funds also recently added to
Royce Capital Small-Cap Portfolio fund advanced 8.9% in 2025 versus a 12.6% gain for the small-cap value index for the same period. Seven of the portfolio's 10 equity sectors made a positive impact on calendar year performance. Two of the Fund's top five contributors provide electronics contract manufacturing services, or “EMS.”.
SM Energy emerges as a top 10 independent E&P post-merger with Civitas, boasting 832,000 net acres across three basins. SM targets robust FCF maximization, a 14% CapEx reduction by 2026, and leverages Permian growth while maintaining DJ and Uinta as cash generators. The company's valuation is deeply discounted, with a GAAP P/E of 4.75, EV/EBITDA of 4.02, and a 34% FCF yield, supporting a Strong Buy rating.
SM Energy (SM) reached $27.27 at the closing of the latest trading day, reflecting a +1.72% change compared to its last close.
DENVER, March 18, 2026 /PRNewswire/ -- SM Energy Company ("SM Energy") (NYSE: SM) today announced (i) the early results of the previously announced cash tender offer to purchase (the "Tender Offer") up to $750,000,000 aggregate principal amount of the outstanding 8.375% Senior Notes due 2028 (CUSIP Numbers Rule 144A: 17888HAA1 / Reg. S: U1638HAA5) (the "Notes"), originally issued by Civitas Resources, Inc. ("Civitas"), and assumed by SM Energy in connection with the closing of its merger with Civitas, (ii) the increase of such maximum aggregate principal amount not to exceed $1,000,000,000 (as modified, and as it may be further modified by SM Energy, the "Maximum Tender Amount"), and (iii) the extension of the Early Tender Premium (as defined below) until the Expiration Date (as defined below), each subject to the terms and conditions set forth in the Offer to Purchase dated March 4, 2026 (as it may be amended or supplemented from time to time, the "Offer to Purchase").
A prominent independent energy company based in Denver, Colorado, SM Energy ( NYSE:SM ) has climbed 37% year-to-date as retail investors weigh whether its $12.8 billion merger with Civitas Resources, which was successfully closed on January 30, 2026, is a genuine scale play or a leverage trap.
Zacks.com users have recently been watching SM Energy (SM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Seven of the portfolio's 10 equity sectors made a positive impact on calendar year performance. Three of the Fund's top five contributors provide electronics contract manufacturing services, or EMS. The Fund's underperformance versus the Russell 2000 Value in 2025 came from stock selection; sector allocation decisions were positive.
DENVER, March 4, 2026 /PRNewswire/ -- SM Energy Company ("SM Energy") (NYSE: SM) announced today that it has priced an upsized offering of $1.0 billion aggregate principal amount of 6.625% senior notes due 2034 (the "Notes"). The Notes will be issued at par.
DENVER, March 4, 2026 /PRNewswire/ -- SM Energy Company ("SM Energy") (NYSE: SM) today announced that it has commenced a cash tender offer to purchase (the "Tender Offer") up to an aggregate principal amount not to exceed $750,000,000 (as it may be modified by SM Energy, the "Maximum Tender Amount"), of the outstanding 8.375% Senior Notes due 2028 (CUSIP Numbers Rule 144A: 17888HAA1 / Reg. S: U1638HAA5) (the "Notes"), originally issued by Civitas Resources, Inc. ("Civitas"), and assumed by SM Energy in connection with the closing of its merger with Civitas, subject to the terms and conditions set forth in the Offer to Purchase dated March 4, 2026 (as it may be amended or supplemented from time to time, the "Offer to Purchase").
DENVER, March 4, 2026 /PRNewswire/ -- SM Energy Company ("SM Energy" or "the Company") (NYSE: SM) announced today that, subject to market conditions, it intends to offer $750 million aggregate principal amount of its senior notes due 2034 (the "Notes"). SM Energy intends to use the net proceeds from the offering of the Notes, together with cash on hand and/or borrowings under its revolving credit facility, to fund an offer to purchase for cash up to $750 million of its outstanding $1.350 billion principal amount of its 8.375% Senior Notes due 2028 (the "2028 Notes"), solely upon the terms and conditions described in the Company's Offer to Purchase, dated March 4, 2026.
We have entered the beginning of the end for the oil age and oil producers now face a limited future. Most oil focused stocks have trailed the S&P 500 total return across multiple time frames. While the Iran war is getting headlines, it doesn't do much to change the oil market equation of plenty of oil supply and flattening oil demand set to fall.
American Century Companies Inc. increased its holdings in SM Energy Company (NYSE: SM) by 8.9% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,585,624 shares of the energy company's stock after purchasing an additional 375,754 shares during the period. American Century
SM Energy (SM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
SM Energy stock is rated a Strong Buy with a $37.50/share 2027 price target, implying a 30% annualized return. SM trades at a 14% free cash flow yield pre-synergies, with significant upside as $200–$300M in merger synergies are realized. Post-merger, SM is aggressively deleveraging, targeting a leverage ratio of 1.0–1.2x via asset sales and allocating 80% of FCF to debt reduction.
SM beat Q4 earnings estimates on lower costs, but revenue drops Y/Y as realized prices slide and production edges down.
SM Energy Company (SM) Q4 2025 Earnings Call Transcript
Plan maximizes free cash flow and strengthens balance sheet Accelerates return of capital, including a 10% dividend increase, under an enhanced framework DENVER, Feb. 25, 2026 /PRNewswire/ -- SM Energy Company (the "Company" or "SM Energy") (NYSE: SM) today issued its 2026 outlook, designed to maximize free cash flow through disciplined investments in its high-return development projects. It also provided a new stockholder return framework, which includes a 10% increase to its quarterly dividend policy.