SM SM Energy (SM) Insider Trading, Ownership & Congress Trades
Energy · Crude petroleum & natural gas · CIK 0000893538
Form 144 · 1
Insider buyers, 180 days
0
House members buying, 1 year
0
STOCK Act, US House only, disclosed up to 45 days after the trade
Funds added, last quarter
278
13F, latest reported quarter
Conversions, 180 days
14
Codes C/M, not in net · no price filed
What the filings say about SM
Insiders, 180 days
-$1.6M net sold
3 sellers · 0% of sales under a 10b5-1 plan
Planned sales (Form 144), 90 days
$647.9K
1 notice
SM Energy insider trades (Form 4)
Form 4 buys and sells (codes P and S). Grants, option exercises
and conversions excluded.
Over the last 180 days, SM Energy Co insiders sold a net $1.6M of stock across 41 Form 4 purchases and sales, with no insider buying. Source: SEC Form 4 filings, as of 2026-10-27.
Insider
Filed
Shares
Value
Since filing
Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 29.1% of the 12,525 shares held after it.
- 1 other insider sold within 30 days.
- 278 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Venkatraman Ashwin sold about $139.7K of SM on Sep 10, 2026; 1 other insider sold within 30 days and 278 funds added in the latest 13F quarter.Context
- 1 earlier Form 4 trade (code P or S) here by this insider (1 sale), the last on Aug 16, 2024.
- The trade is 119.0% of the 14,705 shares held after it.
- 1 other insider sold within 30 days.
- 278 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: EVP, GC & Corp Secretary Lebeck James Barker sold about $647.9K of SM on Aug 21, 2026; 1 other insider sold within 30 days and 278 funds added in the latest 13F quarter.Context
- 3 earlier Form 4 trades (code P or S) here by this insider (1 buy, 2 sales), the last on Mar 4, 2025.
- The trade is 37.2% of the 65,964 shares held after it.
- No other insider sold within 30 days.
- 278 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director PERU RAMIRO G sold about $834.3K of SM on May 21, 2026, the largest insider sale at the company since 2024; 278 funds added in the latest 13F quarter.Context
- First Form 4 purchase or sale (code P or S) here by this insider on our record.
- The trade is 32.6% of the 23,668 shares held after it.
- No other insider sold within 30 days.
- 278 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Senior Vice President - Utah Jenkins Richard A. sold about $220.1K of SM on Jun 17, 2025; 278 funds added in the latest 13F quarter.Context
- 8 earlier Form 4 trades (code P or S) here by this insider (8 buys), the last on Mar 3, 2025.
- -11.8% median (-10.9% mean) 90-day return after 8 previous buys.
- The trade is 0.2% of the 488,101 shares held after it.
- No other insider bought within 30 days.
- 278 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: President & CEO Vogel Herbert S bought about $21.3K of SM on May 6, 2025; 278 funds added in the latest 13F quarter.41 transactions on record
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Seven facts, ranked against the sector ·
Rank is not a forecast
Insiders
net -$1.6M over 180 days
-$787.6K over 90 days
below 56% of Energy
Congress
no House purchase disclosed in the last 12 months
Funds
278 funds bought in last quarter
more than 83% of Energy
Revenue
+17.5% year over year
more than 76% of Energy
Margin
20.7% net margin
more than 86% of Energy
Buybacks
$87.0M repurchased, FY to 2026-06-30
more than 67% of Energy
Short interest
6.3% of the float short (float per yahoo 2026-10-26) · 3.0 days to cover · settled 2026-09-30
more than 63% of Energy
What changed in the last 30 days
Nothing new filed in the last 30 days
Watch SM
A free account keeps a watchlist and can send one email a day when insiders, funds or Congress file on the names in it. No password and no card.
The year, with the filings on it
Total return over 12 months. Each marker is a filing; hover or tap one for the detail.
+100.5%12M
Insider sellForm 144 (planned sale)
Indexed to 100, dividend-adjusted, not a price chart.
When a name files heavily, the largest trades are drawn first.
Who owns SM: institutional holders (13F)
13F holdings, latest reported quarter
39,280,818 sh
$1.0B
15,425,423 sh
$402.6M
14,493,791 sh
$378.3M
13,000,649 sh
$339.3M
11,705,860 sh
$305.5M
Congress trades in SM
No Congress trades reported
No House member has disclosed a trade in this stock. See what Congress is buying.
Activist and 5% holders (13D/13G)
No 5%+ ownership filings
Nobody has filed for crossing 5%. That is a fact, not missing data.
SM planned insider sales (Form 144)
Notice of intent to sell, filed before any sale
JAMES LEBECK
Filed 2026-08-21
$647.9K
SM mutual fund holders (N-PORT)
Funds ranked by the share of their own portfolio in this stock (N-PORT).
Invesco S&P SmallCap Energy ETF
$8.8M position · as of 2026-05-31
7.4%
Modern Capital Tactical Income Fund
$4.2M position · as of 2026-06-30
6.2%
TEXAS CAPITAL TEXAS OIL INDEX ETF
$530.1K position · as of 2026-06-30
4.4%
Catalyst/SMH Total Return Income Fund
$881.7K position · as of 2026-06-30
4.2%
Leadershares Alphafactor Tactical Focused ETF
$2.5M position · as of 2026-07-31
4.0%
Global X U.S. Natural Gas ETF
$1.7M position · as of 2026-05-31
3.0%
SEC N-PORT, monthly, about 60 days late · funds ≥ $10M ·
% is the share of the fund's own portfolio
Corporate PAC
The company's PAC: committee totals only, never individual donors (FEC).
Sm Energy Company Political Action Committee
Cycle 2026 · $23K spent
$39.5K
Federal Election Commission, matched by the PAC's connected organisation
Executive pay vs shareholder return · Herbert SVogel
CEO pay, headline and as actually paid, against the company's
return and its chosen peers' (DEF 14A).
FY
CEO total
Actually paid
Other execs, avg
TSR
Peer TSR
2024
$12.2M
$11.9M
$3.5M
+563%
+144%
2023
$11.1M
$12.5M
$2.9M
+550%
+155%
2022
$6.7M
$11.1M
$2.1M
+475%
+153%
2021
$4.3M
$14.5M
$1.6M
+382%
+66%
Tagged by the company under SEC Item 402(v). Returns are
cumulative from the start of the disclosure period. Green where the company beat its own peer group.
Live price
Daily candles from TradingView, under their licence. No filings marked.
Why this name is on the desk
Insiders have filed to sell, before selling.
The record shows a net $1.6M sold by insiders over 180 days, 278 funds added last quarter, $647.9K in planned Form 144 sales. Each figure is a federal filing, dated the day it went public.
SM financials
Revenue growth
+17.5%
XBRL, annual
Net margin
20.7%
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
$5.5B
four quarters, 2025-07-01 to 2026-06-30
Revenue, TTM SM
| FY Dec 2025 | $3.2B |
| FY Dec 2024 | $2.7B |
| FY Dec 2023 | $2.4B |
| FY Dec 2022 | $3.4B |
| FY Dec 2021 | $2.6B |
| Jun 2026 | $2.5B |
| Mar 2026 | $1.5B |
| Dec 2025 | $704.9M |
| Sep 2025 | $811.6M |
| Jun 2025 | $793.0M |
| Mar 2025 | $845.0M |
| Dec 2024 | $852.2M |
| Sep 2024 | $643.6M |
At each fiscal year end
Single quarter
Net margin, TTM
+18.2%
net income over revenue, 2025-07-01 to 2026-06-30
Net margin, TTM SM
| FY Dec 2025 | +20.5% |
| FY Dec 2024 | +28.6% |
| FY Dec 2023 | +34.5% |
| FY Dec 2022 | +33.1% |
| FY Dec 2021 | +1.4% |
| Jun 2026 | +42.8% |
| Mar 2026 | -22.7% |
| Dec 2025 | +15.5% |
| Sep 2025 | +19.1% |
| Jun 2025 | +25.5% |
| Mar 2025 | +21.5% |
| Dec 2024 | +22.1% |
| Sep 2024 | +37.4% |
At each fiscal year end
Single quarter
Free cash flow, TTM
n/a
capex not filed for the four quarters
Free cash flow, TTM SM
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Single quarter
Debt to equity
0.20x
long-term debt only, 2022-06-30 (48 months older than the period end); equity 2026-06-30
Debt to equity SM
| FY Dec 2025 | 0.33x |
| FY Dec 2024 | 0.37x |
| FY Dec 2023 | 0.43x |
| FY Dec 2022 | 0.51x |
| FY Dec 2021 | 1.01x |
| Jun 2026 | 0.20x |
| Mar 2026 | 0.23x |
| Dec 2025 | 0.33x |
| Sep 2025 | 0.33x |
| Jun 2025 | 0.34x |
| Mar 2025 | 0.36x |
| Dec 2024 | 0.37x |
| Sep 2024 | 0.39x |
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
1.72x
TTM operating cash flow over long-term debt only, 2022-06-30 (48 months older than the period end)
Cash flow to debt SM
| FY Dec 2025 | 1.28x |
| FY Dec 2024 | 1.14x |
| FY Dec 2023 | 1.00x |
| FY Dec 2022 | 1.07x |
| FY Dec 2021 | 0.56x |
| Jun 2026 | 1.72x |
| Mar 2026 | 1.38x |
| Dec 2025 | 1.28x |
| Sep 2025 | 1.36x |
| Jun 2025 | 1.33x |
| Mar 2025 | 1.27x |
| Dec 2024 | 1.14x |
| Sep 2024 | 1.07x |
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
+16.1%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on equity SM
| FY Dec 2025 | +14.3% |
| FY Dec 2024 | +19.6% |
| FY Dec 2023 | +24.4% |
| FY Dec 2022 | +43.2% |
| FY Dec 2021 | +1.8% |
| Jun 2026 | +16.1% |
| Mar 2026 | +2.3% |
| Dec 2025 | +14.3% |
| Sep 2025 | +16.6% |
| Jun 2025 | +19.3% |
| Mar 2025 | +20.3% |
| Dec 2024 | +19.6% |
| Sep 2024 | +22.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
+7.2%
TTM net income over average of 2025-06-30 and 2026-06-30
Return on assets SM
| FY Dec 2025 | +7.3% |
| FY Dec 2024 | +10.3% |
| FY Dec 2023 | +13.5% |
| FY Dec 2022 | +20.3% |
| FY Dec 2021 | +0.7% |
| Jun 2026 | +7.2% |
| Mar 2026 | +0.9% |
| Dec 2025 | +7.3% |
| Sep 2025 | +8.5% |
| Jun 2025 | +10.4% |
| Mar 2025 | +10.8% |
| Dec 2024 | +10.3% |
| Sep 2024 | +11.8% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
+16.6%
operating income after a 24.5% effective tax rate, over long-term debt only, 2022-06-30 (48 months older than the period end) plus average of 2025-06-30 and 2026-06-30 minus cash
Return on invested capital SM
| FY Dec 2025 | +13.2% |
| FY Dec 2024 | +16.5% |
| FY Dec 2023 | +20.1% |
| FY Dec 2022 | +33.5% |
| FY Dec 2021 | +4.1% |
| Jun 2026 | +16.6% |
| Mar 2026 | +4.2% |
| Dec 2025 | +13.2% |
| Sep 2025 | +17.2% |
| Jun 2025 | +17.2% |
| Mar 2025 | +17.3% |
| Dec 2024 | +16.5% |
| Sep 2024 | +21.2% |
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
+13.6%
operating income (EBIT proxy) over average of 2025-06-30 and 2026-06-30 minus current liabilities
Return on capital employed SM
| FY Dec 2025 | +12.6% |
| FY Dec 2024 | +15.9% |
| FY Dec 2023 | +18.2% |
| FY Dec 2022 | +33.4% |
| FY Dec 2021 | +4.8% |
| Jun 2026 | +13.6% |
| Mar 2026 | +3.7% |
| Dec 2025 | +12.6% |
| Sep 2025 | +14.3% |
| Jun 2025 | +16.7% |
| Mar 2025 | +17.0% |
| Dec 2024 | +15.9% |
| Sep 2024 | +17.0% |
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
7.90x
close 2026-10-23 over four quarters of diluted EPS, 2025-07-01 to 2026-06-30
P/E, trailing SM
| FY Dec 2025 | 3.31x |
| FY Dec 2024 | 5.80x |
| FY Dec 2023 | 5.64x |
| FY Dec 2022 | 3.89x |
| FY Dec 2021 | 147.40x |
| Jun 2026 | 5.14x |
| Mar 2026 | 13.10x |
| Dec 2025 | 3.31x |
| Sep 2025 | 3.94x |
| Jun 2025 | 3.49x |
| Mar 2025 | 4.19x |
| Dec 2024 | 5.80x |
| Sep 2024 | 5.59x |
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$10.5B
market value at close 2026-10-23 on 2026-07-23 shares, plus long-term debt only, 2022-06-30 (48 months older than the period end), minus cash 2026-06-30
Enterprise value SM
| FY Dec 2025 | $3.3B |
| FY Dec 2024 | $6.0B |
| FY Dec 2023 | $5.5B |
| FY Dec 2022 | $5.4B |
| FY Dec 2021 | $5.3B |
| Jun 2026 | $7.2B |
| Mar 2026 | $8.6B |
| Dec 2025 | $3.3B |
| Sep 2025 | $4.3B |
| Jun 2025 | $4.3B |
| Mar 2025 | $5.0B |
| Dec 2024 | $6.0B |
| Sep 2024 | $4.4B |
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
n/a
capex not filed for the four quarters
FCF yield SM
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | n/a |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | n/a |
| Mar 2025 | n/a |
| Dec 2024 | n/a |
| Sep 2024 | n/a |
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
trailing EPS growth -28%, PEG needs growth
PEG, trailing SM
| FY Dec 2025 | n/a |
| FY Dec 2024 | n/a |
| FY Dec 2023 | n/a |
| FY Dec 2022 | 0.00x |
| FY Dec 2021 | n/a |
| Jun 2026 | n/a |
| Mar 2026 | n/a |
| Dec 2025 | n/a |
| Sep 2025 | n/a |
| Jun 2025 | 1.73x |
| Mar 2025 | 0.35x |
| Dec 2024 | n/a |
| Sep 2024 | 1.23x |
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-10-23. Hover or tap a tile for its yearly and quarterly history.
Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
| 2025-12 | 2024-12 | 2023-12 | 2022-12 | |
|---|---|---|---|---|
| Revenue | $3.2B | $2.7B | $2.4B | $3.4B |
| Operating income | $1.0B | $1.1B | $987.0M | $1.6B |
| Net income | $648.0M | $770.0M | $818.0M | $1.1B |
| EPS (diluted) | 5.64 | 6.67 | 6.86 | 8.96 |
| Operating cash flow | $2.0B | $1.8B | $1.6B | $1.7B |
| Cash | $368.0M | $0 | $616.2M | $445.0M |
| Buybacks | $13.0M | $86.0M | $228.0M | $57.2M |
| Dividends paid | $92.0M | $85.0M | $72.0M | $19.6M |
SEC XBRL, fiscal years, as known on 2026-10-27
SM Stock Sonar score 6/7 axes
Find similar shapesCompareSM ranks highest on financial health (80th percentile) and growth (76th), and lowest on insider conviction (21st), among Energy peers.
6 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
SM filings, in plain words
Are SM Energy insiders buying or selling SM?
In the 180 days to 2026-10-27, SM Energy insiders were net sellers, a net $1.6M across purchases and sales reported on Form 4, by 3 sellers.
Are there planned insider sales of SM?
Yes. 1 Form 144 notice of planned insider sales was filed in the 90 days to 2026-10-27, covering $647.9K of stock; the latest, by JAMES LEBECK, was filed 2026-08-21.
Read the full summary
In the 180 days to 2026-10-27, SM Energy insiders were net sellers of SM, a net $1.6M across purchases and sales reported on Form 4 by 3 sellers. None of the 3 insider sales was flagged as made under a Rule 10b5-1 plan. Insiders filed 1 Form 144 notice of intent to sell in the 90 days to 2026-10-27, covering $647.9K of stock. Each figure is counted from SEC and House filings as of 2026-10-27, dated the day the filing was made public.
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