The potential deal, valued at $3 billion, is expected to be announced in the coming days. XCL Resources is currently backed by EnCap Investments, a private equity firm specializing in the energy sector. The acquisition would include 45,000 net acres of XCL Resources' assets in the Uinta Basin, along with daily production rates estimated at 55,000 barrels of oil equivalent. Additionally, XCL Resources owns vital infrastructure for water transportation essential for energy production, which would further enha ...

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Core Viewpoint - Value investing remains a popular strategy that has shown success across various market conditions, focusing on identifying undervalued companies through fundamental analysis [1] Company Summary: SM Energy (SM) - SM Energy holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [2] - The current P/E ratio for SM is 7.03, significantly lower than the industry average of 10.37, suggesting it may be undervalued [2] - SM's Forward P/E has fluctuated between 4.87 and 8.92 over the past year, with a median of 6.41 [2] - The P/CF ratio for SM is 3.94, which is also below the industry average of 7.70, indicating a favorable cash flow outlook [3] - Over the past 52 weeks, SM's P/CF has ranged from 1.90 to 4.21, with a median of 3.03 [3] - SM's P/B ratio stands at 1.54, compared to the industry average of 2.44, further supporting the notion of being undervalued [6] - The P/B ratio has varied between 1.09 and 1.64 over the past year, with a median of 1.39 [6] - Overall, the metrics suggest that SM Energy is likely undervalued, making it a strong candidate for value investors [7]

Cash production margin: Cash production margin is calculated as oil, gas, and NGL revenues (before the effects of commodity derivative settlements), less operating expenses (specifically, LOE, transportation, production taxes, and ad valorem taxes). This calculation excludes derivative settlements, G&A, exploration expense, and DD&A and is reflected on a per BOE basis using net equivalent production for the period presented. The Company believes this metric provides management and the investment community w ...

Shares of the independent oil and gas company have appreciated by 3.72% over the course of the past month, outperforming the Oils-Energy sector's loss of 0.69% and the S&P 500's gain of 2.83%. For the full year, the Zacks Consensus Estimates project earnings of $6.63 per share and a revenue of $2.58 billion, demonstrating changes of +12.56% and +8.86%, respectively, from the preceding year. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance ...

Shares of this independent oil and gas company have returned +3.7% over the past month versus the Zacks S&P 500 composite's +2.8% change. The Zacks Oil and Gas - Exploration and Production - United States industry, to which SM Energy belongs, has gained 0.5% over this period. Now the key question is: Where could the stock be headed in the near term? Earnings Estimate Revisions Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the lat ...

DENVER, June 24, 2024 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announces that its Board of Directors approved the quarterly cash dividend of $0.18 per share of common stock outstanding. The dividend will be paid on August 5, 2024, to stockholders of record as of the close of business on July 19, 2024. SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in the state of Texas. SM Energy routinely ...

The Oils-Energy group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is SM Energy (SM) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question. SM Energy is one of 248 companies in the Oils-Energy group. The Oils-Energy group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank considers 16 different ...

SM Energy (SM) ended the recent trading session at $46.27, demonstrating a +0.98% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.77% gain on the day. On the other hand, the Dow registered a gain of 0.49%, and the technology-centric Nasdaq increased by 0.95%. The the stock of independent oil and gas company has fallen by 6.39% in the past month, leading the OilsEnergy sector's loss of 7.24% and undershooting the S&P 500's gain of 3.71%. The investment community will be clo ...

Core Viewpoint - SM Energy is well-positioned for sustainable production growth, supported by a strong business model and a Zacks Rank 2 (Buy) rating [2] Financial Performance - The Zacks Consensus Estimate for SM Energy's 2024 earnings is $6.63 per share, indicating a growth of 12.6% year-over-year, with revenues expected to reach $2.58 billion, reflecting an 8.9% increase [3] - For 2025, the earnings estimate is $7.46 per share, suggesting a 12.6% improvement, while revenues are projected at $2.82 billion, indicating a 9.2% year-over-year rise [7] - SM Energy's stock has increased by 70.5% over the past year, outperforming the broader sector's growth of 14.5% and the S&P 500's increase of nearly 18% [14] Operational Highlights - SM Energy has demonstrated strong performance in the Austin Chalk region, with 111 wells reaching an Initial Production over 30 days (IP30) yielding approximately 46-77% liquid hydrocarbons [10] - The company anticipates net production volumes of 57-60 million barrels of oil equivalent (MMBoe) for 2024, with oil comprising 44% of the total, representing a 3-4% year-over-year increase [17] - SM Energy holds approximately 155,000 net acres in South Texas and 111,000 net acres in the Midland Basin, indicating a positive outlook for sustained oil production growth [9] Investment Considerations - SM Energy has an impressive Value Score of B, suggesting it is undervalued, and stocks with a favorable Value Score combined with a solid Zacks Rank are considered strong investment opportunities [6] - The company has consistently outperformed earnings estimates in the past four quarters, with an average surprise of 13.8% [8]