Streetbeat News

SM Energy Company

Industry

Oil & Gas Exploration & Production

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. As of February 24, 2022, it had 492.0 million barrels of oil equivalent of estimated proved reserves. It also has working interests in 825 gross productive oil wells and 483 gross productive gas wells in the Midland Basin and South Texas. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

Open

40.62

Mkt cap

4.6B

Volume

684K

High

40.62

P/E Ratio

5.66

52-wk high

53.26

Low

39.76

Div yield

0.02

52-wk low

34.76

SM Energy (SM) has been gaining attention from Zacks.com users, indicating a potential trend in its stock. Investors are advised to consider the factors that could influence its future performance.

Portfolio Pulse from

December 20, 2024 | 3:15 pm

SM Energy Company has appointed Dr. Ashwin Venkatraman to its Board of Directors, enhancing its expertise in technology, AI, and engineering within the oil and gas sector.

Portfolio Pulse from

December 02, 2024 | 9:30 pm

SM Energy Company (SM) is gaining attention from investors, as noted by Zacks.com users. The article suggests that understanding the factors influencing SM's stock prospects is important for investors.

Portfolio Pulse from

November 26, 2024 | 3:15 pm

SM Energy's Q3 2024 production exceeded expectations, driven by its Uinta Basin acquisition, which increased production to over 200,000 BOEPD and oil cut above 50%. The company is projected to generate $612 million in 2025 free cash flow with oil prices in the high-$60s.

Portfolio Pulse from

November 23, 2024 | 4:00 am

SM Energy (SM) is currently a trending stock, attracting significant attention from Zacks.com users. Investors are keen to understand the future prospects of the stock.

Portfolio Pulse from

November 15, 2024 | 3:15 pm

Wall Street analysts are optimistic about SM Energy (SM), which may influence investor decisions. Analyst ratings can impact stock prices, but their significance is debated.

Portfolio Pulse from

November 05, 2024 | 3:45 pm

Stephens & Co. analyst Mike Scialla maintains an Overweight rating on SM Energy and raises the price target from $56 to $57.

Portfolio Pulse from Benzinga Newsdesk

November 01, 2024 | 7:55 pm

SM Energy reported Q3 earnings of $1.62 per share, beating estimates of $1.53, but sales of $643.61M missed the $651.37M estimate. Earnings decreased by 6.36% from last year, while sales increased by 0.42%.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:21 pm

SM Energy is set to announce its quarterly earnings on October 31, 2024, with analysts estimating an EPS of $1.56. The company has a history of surpassing estimates, which previously led to significant stock price increases. Analysts have a Neutral consensus rating for SM Energy, with a potential 21.5% upside based on a $50.8 price target. The company's financials show strong net margins and efficient asset utilization, but it ranks lower in revenue growth compared to peers.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 9:01 pm

Nuclear-linked stocks are experiencing a rise in share prices following Amazon Web Services' announcement of a $500 million investment in nuclear power.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 2:27 pm

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