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SM Energy Completes Borrowing Base Redetermination

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SM Energy Completes Borrowing Base Redetermination

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SM Energy ( (SM) ) has issued an update.

On October 16, 2025, SM Energy Company announced the completion of its semi-annual borrowing base redetermination, with the lender group reaffirming the borrowing base at $3.0 billion and maintaining the elected commitment amount at $2.0 billion. The company also amended its Credit Agreement to eliminate the prior springing maturity provision, introducing a more flexible structure based on short-term debt and borrowing availability, reflecting the banking partners’ trust in SM Energy’s financial strategy.

The most recent analyst rating on (SM) stock is a Buy with a $36.00 price target. To see the full list of analyst forecasts on SM Energy stock, see the SM Stock Forecast page.

Spark’s Take on SM Stock

According to Spark, TipRanks’ AI Analyst, SM is a Outperform.

SM Energy’s stock score is supported by strong profitability and operational plans for growth. However, technical indicators suggest caution due to bearish trends. Valuation suggests potential undervaluation, and strategic initiatives reflect a positive outlook, though cash flow constraints and high leverage remain concerns.

To see Spark’s full report on SM stock, click here.

More about SM Energy

SM Energy Company is an independent energy company focused on the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in Texas and Utah.

Average Trading Volume: 2,102,261

Technical Sentiment Signal: Sell

Current Market Cap: $2.54B

See more insights into SM stock on TipRanks’ Stock Analysis page.

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