Why SM Energy Company (SM) stock fell 15.3% on Wednesday, November 4, 2026

SM Energy Company (SM) closed at $31.06, down 15.30% on Wednesday, November 4, 2026, on volume of 7,191,045 shares (2.0× its 3-month average); market value about $7.40B.

What happened: primary sources

Events Nexqual found for SM on Wednesday, November 4, 2026 or the trading day before (November 3, 2026):

• Nov 3, 2026: Reported Q3 2026 results: adjusted EPS $1.95 vs consensus $1.98 (miss), revenue $2.16B vs consensus $2.05B (beat). Guidance: Full-year 2026 capital expenditures are expected to be approximately $2.75 billion. source

These are listed as context. A filing or rating change on the same day is not proof that it caused the move; read the source.

More on SM

SM stock page: price, SEC financials, insider trades, superinvestor holders, analyst estimates and options. Earnings report: SM results, November 3, 2026. Other big moves that day: November 4, 2026.

Sources: SEC EDGAR, Nexqual Earnings Flash, analyst rating changes, Nexqual market data. Built November 10, 2026 at 16:46 UTC. Not investment advice.

Data source: Nexqual. Last updated: November 10, 2026 at 16:46 UTC. This page is informational and not investment advice.

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