Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). SM Energy Co's share price for the quarter that ended in Dec. 2023 was $38.72. SM Energy Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 116 Mil. Therefore, SM Energy Co's market cap for the quarter that ended in Dec. 2023 was $4,482 Mil.
SM Energy Co's quarterly market cap
increased
from Jun. 2023 ($3,736 Mil) to Sep. 2023 ($4,612 Mil) but then
declined
from Sep. 2023 ($4,612 Mil) to Dec. 2023 ($4,482 Mil).
SM Energy Co's annual market cap
increased
from Dec. 2021 ($3,592 Mil) to Dec. 2022 ($4,247 Mil) and
increased
from Dec. 2022 ($4,247 Mil) to Dec. 2023 ($4,482 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. SM Energy Co's Enterprise Value for Today is $6,808 Mil.
SM Energy Co Market Cap Historical Data
The historical data trend for SM Energy Co's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of SM Energy Co's Market Cap
For the Oil & Gas E&P subindustry, SM Energy Co's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
SM Energy Co's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SM Energy Co's Market Cap distribution charts can be found below:
* The bar in red indicates where SM Energy Co's Market Cap falls into.
SM Energy Co Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
SM Energy Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
SM Energy Co (NYSE:SM) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
SM Energy Co Market Cap Related Terms
Thank you for viewing the detailed overview of SM Energy Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids. Operating primarily out of the United States, the company actively participates in joint ventures, prospects/leaseholds, and drill-to-earn opportunities. The majority of the company's revenue is derived from some of the United States' premier drilling locations. Drilling location interests have been traditionally obtained through oil and gas leases from third parties. SM Energy relies on its fleet of geologists, geophysicists, landmen, and engineers to help extract the full potential out of all properties held.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SM has been successfully added to your 