SM Energy (SM) is currently considered undervalued, trading at a 3.32x trailing 12-month enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), which is below the broader industry average of 6.99x. It is also cheaper than larger exploration and production players such as EOG Resources Inc (EOG) and ConocoPhillips (COP) , which have respective EV/EBITDA of 5.11X and 5.09X. Zacks Investment Research Image Source: While a discounted valuation can offer a potentially pro ...