SM (SM Energy Co) Inventories, Work In Process: $0 Mil (As of Mar. 2026)

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SM SM Energy Co SM
73 GF Score
Price $31.63
GF Value $52.26
Valuation Possible Value Trap
! 10 Warning Signs
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What is SM Energy Co Inventories, Work In Process?

SM Energy Co SM -0.28% 73 Inventories, Work In Process is $0 Mil as of Mar. 2026. GuruFocus rates SM with a GF Score™ of 73/100 and a GF Value™ of $52.26 (Possible Value Trap). The stock has 10 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. SM Energy Co's work in process for the quarter that ended in Mar. 2026 was $0 Mil.

SM Energy Co Inventories, Work In Process Historical Data

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The historical data trend for SM Energy Co's Inventories, Work In Process 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.

SM Energy Co Inventories, Work In Process Chart

SM Energy Co Annual Data
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SM Energy Co Quarterly Data
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SM
73GF Score
SM Energy Co SM
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SM Energy Co Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of $0 Mil mean?
SM Energy Co (SM) has a Inventories, Work In Process of $0 Mil as of Mar. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on SM Energy Co and its competitors.
Is SM Energy Co's Inventories, Work In Process too high?
SM Energy Co's current Inventories, Work In Process is $0 Mil. Overall, SM Energy Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SM Energy Co's Inventories, Work In Process compare to CHRD and RRC?
SM Energy Co's Inventories, Work In Process of $0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for an Oil & Gas company?
A good Inventories, Work In Process depends on the Oil & Gas industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on SM Energy Co and its competitors. SM Energy Co's current Inventories, Work In Process is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Energy Co stock overvalued right now?
Based on GuruFocus' analysis, SM Energy Co (SM) is currently considered Possible Value Trap. The stock's GF Value™ is $52.26, compared to a current price of $31.63 — trading 39.5% below its estimated fair value. The current Inventories, Work In Process is $0 Mil. SM Energy Co's overall GF Score™ is 73/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For SM Energy Co (SM), the current Inventories, Work In Process is $0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SM Energy Co (SM) Overvalued in 2026?

Based on GuruFocus' analysis, SM Energy Co stock appears to be undervalued. The current stock price of $31.63 is trading 39.5% below its estimated GF Value™ of $52.26. GuruFocus considers SM Energy Co to be Possible Value Trap.

Key valuation signals for SM:

  • Inventories, Work In Process: $0 Mil
  • GF Value™: $52.26 vs. price of $31.63 (39.5% below fair value)
  • GF Score™: 73/100 with 10 warning signs

No single metric tells the full story. See the SM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SM Energy Co Business Description

Industry EnergyOil & Gas
Other Exchanges 0KZA:UKSJL:Germany
Address 1700 Lincoln Street, Suite 3200, Denver, CO, USA, 80203
SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in Texas and Utah. The Company operates in the oil and gas extraction industry, focused on exploration and production activities, onshore in the United States. Its portfolio is comprised of assets in the Midland Basin of West Texas, the Maverick Basin of South Texas, and the Uinta Basin of northeastern Utah.
73GF Score

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Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$31.63
Price
$52.26
GF Value