SM Energy Co

SM remains in a Stage 2 advancing phase with strong medium-term bullish signals from Momentum Breakout and Bullish Pivot Point patterns, but price is extended above rising EMAs with overbought RSI and Options Score. Short-term timing is unfavorable, so we recommend stalking pullbacks into the rising 9/20 EMA support zone for optimal entry.

• ↑Guiding to 420,000 boe/d production in 2026, up from 410,000.
• ↑Q1 2026 revenue of $1.48 B vs. $1.13 B expected; adjusted EPS $1.55.
• ↓Weak profitability and negative growth momentum signal financial strain.