SM NYSE
Credit Risk of going bust: higher than 72% of companies Debt: 42.4% of company value Bonds: $544.0M held by 388 funds, 212 bp over Treasuries → details ▾
If the stock fell to about $2.63 (down 93%), SM Energy Company would be worth roughly what it owes.
Total debt $7.04B against a stock market value of $9.55B.
Distance to default 3.27 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $3.73B (short-term plus half of long-term), stock volatility 51.6%; Altman Z'' 1.68. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Denver, CO 80203
US
SM Energy Company is an independent firm dedicated to the exploration, development, acquisition, and production of oil, natural gas, and natural gas liquids. Its operations are exclusively concentrated within the state of Texas. As of February 24, 2022, the company reported an impressive 492.0 million barrels of oil equivalent in estimated proved reserves. Furthermore, it holds working stakes in 825 active oil wells and 483 active gas wells, primarily situated in the Midland Basin and South Texas regions. Established in 1908, the company is headquartered in Denver, Colorado. It adopted its current name, SM Energy Company, in May 2010, having previously been known as St. Mary Land & Exploration Company.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| Venkatraman Ashwin | S-Sale | 3,650 | $38.28 | 2026-09-10 |
| PURSELL A WADE | G-Gift | 5,000 | — | 2026-08-21 |
| Lebeck James Barker | S-Sale | 17,500 | $37.02 | 2026-08-21 |
| PURSELL A WADE | M-Exempt | 16,917 | — | 2026-07-24 |
| PURSELL A WADE | F-InKind | 7,403 | $26.10 | 2026-07-24 |