SM Energy Co Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
11.6%projected annual EPS growth
Analyst Coverage
15analysts covering
FY Revenue (est.)
$7.5Bnext fiscal year
FY EPS (est.)
$7.13next fiscal year
Monitoring Framework
Key Performance Indicators
Average Net Daily Production Quarterly371.2KTarget: 410,000 - 430,000 Boe/d (Full-Year 2026 Guidance)
Annualized Run-Rate Merger Synergies Quarterly300MTarget: $375 million
Capital Expenditures Quarterly555MTarget: $2.65 - $2.85 billion (Full-Year 2026 Guidance)
Watch Items
- Integration of Civitas Resources MergerTrigger: Realization of the remaining $75 million in annualized run-rate synergies to reach the $375 million targetAction: Monitor quarterly integration updates, synergy capture reports, and operational cost structures across the newly acquired DJ and Delaware Basin assets.
- Deleveraging and Debt Reduction ProgressTrigger: Net leverage ratio approaching the low-1x rangeAction: Track the allocation of free cash flow and asset sale proceeds toward retiring outstanding high-coupon debt.
- Commodity Price Volatility (WTI Crude)Trigger: WTI crude price falling below $60 per barrelAction: Evaluate the impact on free cash flow generation, capital expenditure plans, and potential adjustments to the hedging program.
Research as of 20 Jun 2026