SMSM Energy Co
Crude Petroleum & Natural Gas
- Revenue
- $3.1B
- 17% YoY
- Operating margin
- 31.9%
- 21% YoY
- EBITDA
- $1.0B
- 7.1% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- 1.0×
- $951M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear310% of net incomeCash flow under 80% of net income
- Dilutive SBCClear1% of revenueOver 10% of revenue
- Payouts exceed cash flowClear5% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear—Over 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $2.6B | $3.3B | $2.4B | $2.7B | $3.1B | 17% |
| Operating income | $209M | $1.6B | $987M | $1.1B | $1.0B | 7.1% |
| Net income | $36M | $1.1B | $818M | $770M | $648M | 16% |
| Operating cash flow | $1.2B | $1.7B | $1.6B | $1.8B | $2.0B | 13% |
| Stock-based comp | $19M | $19M | $20M | $25M | $29M | 16% |
| Buybacks | $0 | $57M | $228M | $86M | $13M | 85% |
| Dividends | $2M | $20M | $72M | $85M | $92M | 8.2% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $140K · 1
- Net
- −$140K
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | — | — | 329 | 249 |
| FY2024 | — | — | 663 | 244 |
| FY2023 | — | — | 650 | 255 |
| FY2022 | — | — | 575 | 253 |
| FY2021 | — | — | 482 | 166 |