SM Energy Company (SM)

SM Energy Company (SM) — VMCI valuation read

SM screens at VMCI 61/100, a 11-point gap above the Energy sector median (50). For a mid-cap SM Energy Company share, that placement says the multi-pillar composite is cheaper or higher quality than the typical peer on a like-for-like basis.

SM has logged no Form 4 insider activity over the trailing 30 days. The tape reads neither bullish nor bearish on insider conviction. The next signal sits with the 10-Q schedule and the analyst calendar.

**Investor frame.** Value: SM trades at 18.0x earnings, 0% above the Energy median of 18.0x, while EV/EBITDA prints 9.0x against 12.0x for the Energy group. Quality: ROIC of 8.0% trails the Energy median (10.0%) by 2.0pp, the cleanest like-for-like comparison on capital efficiency. Risk: net debt to EBITDA of -0.9x leaves covenant headroom, which sets the rate-cycle exposure for SM Energy Company.

SM fell 1.6% over the trailing 7 days, with a -3.1% read on a 30-day basis.