Trim off any silver skin or hanging pieces of fat from the surface of the beef tenderloin.
1 beef tenderloin
Next, rub the tenderloin with olive oil and evenly coat it with SPG or your favorite steak rub. Let it sit at room temperature for 25-30 minutes before putting it on the grill or smoker.
1 tablespoon olive oil, 1 1/2 tablespoons SPG rub
Soak 1 cup of wood chips in cool water for 25-30 minutes.
Wood chips, chunks or pellets of choice
Preheat your smoker to 225°F. We used our pellet grill for this recipe, but use what you've got!
Once the smoker has reached 225°F, place the wood chips in the smoker according manufacturer's directions.
Next, place the beef tenderloin on the smoker rack and close the lid. Smoke the beef tenderloin for 2 hours or until it reaches the desired doneness. We recommend medium-rare (an internal temperature of 130-135 degrees F).
*See the note section below for reverse searing tips.*
Remove the beef tenderloin from the smoker and rest it for 10-15 minutes before slicing and serving.
Store leftovers in an airtight container in the refrigerator for 3-4 days. Reheat in a skillet on your stovetop for best results.