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SM
$39.50+5.28%
as of close, Oct 16, 2026
☾ AH $39.50 +5.28%
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SM Energy Company drawdown: 57.1% below the all-time high (price)

SM Energy Company is 57.1% below its all-time high, set Nov 26, 2013 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−57.1%
42.9% of ATH
All-time high
$91.98
Nov 26, 2013
Time below the high
12.9 yrs
since Nov 26, 2013
Worst-ever drawdown
−98.9%
Apr 1, 2020
Longest underwater
12.9 yrs
between all-time highs
Today's level first reached
Dec 12, 2005
20.8 yrs ago
Last time this deep
Sep 9, 2009
in a previous episode

% of all-time high since 1992: price#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
SM close · log2.005.0010.0020.0050.00
1995200020052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Nov 26, 2013Apr 1, 2020−98.9%6.3 yrsnot yet12.9 yrs+
Jun 30, 2008Mar 9, 2009−82.1%8 moFeb 16, 20112.6 yrs
Sep 30, 1997Mar 3, 1999−66.7%17 moSep 19, 20003.0 yrs
Jan 16, 2001Sep 26, 2001−57.3%8 moApr 12, 20043.2 yrs
Oct 27, 2011Aug 2, 2012−51.9%9 moOct 18, 20132.0 yrs
Jun 10, 1993Jul 7, 1994−37.1%13 moMay 17, 19962.9 yrs
Aug 3, 2011Oct 3, 2011−31.1%2 moOct 26, 20113 mo
Apr 21, 2006Aug 9, 2007−29.8%16 moMay 2, 20082.0 yrs

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 1992: how far SM Energy Company stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is SM Energy Company from its all-time high?
SM Energy Company is currently 57.1% below its all-time high, set Nov 26, 2013 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest SM Energy Company drawdown ever?
The deepest decline on record in our data (since 1992) took SM Energy Company 98.9% below its prior high, bottoming Apr 1, 2020. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from SM; no free deep history exists for SM Energy Company — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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