SM Energy
SM

$45.91

0.68%

Market Cap: 5.28B

About: SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids. Operating primarily out of the United States, the company actively participates in joint ventures, prospects/leaseholds, and drill-to-earn opportunities. The majority of the company's revenue is derived from some of the United States' premier drilling locations. Drilling location interests have been traditionally obtained through oil and gas leases from third parties. SM Energy relies on its fleet of geologists, geophysicists, landmen, and engineers to help extract the full potential out of all properties held.

Employees: 544

Energy Crude Petroleum & Natural Gas

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 21 analysts

0

News positive %

of 29 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

108% more call options, than puts

Call options by funds: $79.6M | Put options by funds: $38.3M

35% more capital invested

Capital invested by funds: $4.25B [Q4 2023] → $5.72B (+$1.48B) [Q1 2024]

31% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 49

17% more funds holding in top 10

Funds holding in top 10: 6 [Q4 2023] → 7 (+1) [Q1 2024]

7.64% more ownership

Funds ownership: 161.07% [Q4 2023] → 168.7% (+7.64%) [Q1 2024]

4% more funds holding

Funds holding: 365 [Q4 2023] → 380 (+15) [Q1 2024]

33% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 160

See Fund Rankings

Research analyst outlook

21 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$42

9%

downside

Avg. target

$54

17%

upside

High target

$65

42%

upside

21 analyst ratings

9 positive

43%

12 neutral

57%

0 negative

0%

Wells Fargo Hanwen Chang	9%upside $50	Equal-Weight Maintained	26 Jul 2024
Truist Securities Neal Dingmann	0%upside $46	Hold Maintained	22 Jul 2024
RBC Capital Scott Hanold	18%upside $54	Sector Perform Reiterated	9 Jul 2024
RBC Capital Scott Hanold	18%upside $54	Sector Perform Reiterated	3 Jul 2024
Truist Securities Neal Dingmann	7%upside $49	Hold Maintained	1 Jul 2024

See Analyst Rankings

Financial journalist opinion

Based on 29 articles about SM published over the past 30 days

Zacks Investment Research

How Much Upside is Left in SM Energy (SM)? Wall Street Analysts Think 26.69%

The average of price targets set by Wall Street analysts indicates a potential upside of 26.7% in SM Energy (SM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in SM Energy (SM)? Wall Street Analysts Think 26.69%

SM ENERGY SCHEDULES SECOND QUARTER 2024 EARNINGS RELEASE AND CALL

DENVER , July 24, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today announces that it expects to release its second quarter 2024 financial and operating results after market hours on August 7, 2024. See schedule below: August 7, 2024 – After market close, the Company plans to issue its second quarter 2024 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the second quarter 2024 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at sm-energy.com/investors.

SM ENERGY SCHEDULES SECOND QUARTER 2024 EARNINGS RELEASE AND CALL

Zacks Investment Research

Are Oils-Energy Stocks Lagging SM Energy (SM) This Year?

Here is how SM Energy (SM) and TC Energy (TRP) have performed compared to their sector so far this year.

Are Oils-Energy Stocks Lagging SM Energy (SM) This Year?

Zacks Investment Research

5 High Earnings Yield Stocks Poised for Long-Term Gains

Unlock your portfolio value with high earnings yield stocks like HBI, AXL, FUTU, NVGS and SM.

5 High Earnings Yield Stocks Poised for Long-Term Gains

Zacks Investment Research

SM Energy (SM) Stock Slides as Market Rises: Facts to Know Before You Trade

In the most recent trading session, SM Energy (SM) closed at $46.40, indicating a -0.54% shift from the previous trading day.

SM Energy (SM) Stock Slides as Market Rises: Facts to Know Before You Trade

Zacks Investment Research

Is SM Energy (SM) a Great Value Stock Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is SM Energy (SM) a Great Value Stock Right Now?

Zacks Investment Research

Investors Heavily Search SM Energy Company (SM): Here is What You Need to Know

Zacks.com users have recently been watching SM Energy (SM) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Investors Heavily Search SM Energy Company (SM): Here is What You Need to Know

Zacks Investment Research

3 Solid Oil Stocks to Boost Your Investment Portfolio Now

With oil prices likely to remain in the bullish territory, upstream firms like Matador Resources (MTDR), SM Energy (SM) and Devon Energy (DVN) are well poised to gain.

3 Solid Oil Stocks to Boost Your Investment Portfolio Now

SM ENERGY PRICES AN UPSIZED PRIVATE OFFERING OF $750 MILLION OF SENIOR NOTES DUE 2029 AND $750 MILLION OF SENIOR NOTES DUE 2032

DENVER , July 18, 2024 /PRNewswire/ -- SM Energy Company ("SM Energy") (NYSE: SM) announced today that it has priced an upsized offering of $750,000,000.00 aggregate principal amount of its 6.750% senior notes due 2029 (the "2029 Notes"), and $750,000,000.00 aggregate principal amount of its 7.000% senior notes due 2032 (the "2032 Notes," and together with the 2029 Notes, the "Notes"). The Notes will be issued at par.

SM ENERGY PRICES AN UPSIZED PRIVATE OFFERING OF $750 MILLION OF SENIOR NOTES DUE 2029 AND $750 MILLION OF SENIOR NOTES DUE 2032

SM ENERGY ANNOUNCES PRIVATE OFFERING OF $650 MILLION OF SENIOR NOTES DUE 2029 AND $650 MILLION OF SENIOR NOTES DUE 2032

DENVER , July 18, 2024 /PRNewswire/ -- SM Energy Company ("SM Energy" or "the Company") (NYSE: SM) announced today that, subject to market conditions, it intends to offer $650,000,000.00 aggregate principal amount of its senior notes due 2029 (the "2029 Notes"), and $650,000,000.00 aggregate principal amount of its senior notes due 2032 (the "2032 Notes," and together with the 2029 Notes, the "Notes"). SM Energy intends to use the net proceeds from the offering of the Notes, together with cash on hand and borrowings under its Credit Agreement, to fund the purchase price for SM Energy's recently announced pending acquisition of certain oil and gas properties, interests, and related assets located in the Uinta Basin from certain entities affiliated with XCL Resources, LLC (the "XCL Acquisition"), to redeem all of its outstanding 5.625% Notes due 2025 (the "2025 Notes"), and to pay related fees and expenses.

SM ENERGY ANNOUNCES PRIVATE OFFERING OF $650 MILLION OF SENIOR NOTES DUE 2029 AND $650 MILLION OF SENIOR NOTES DUE 2032

See News Rankings