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]

June 18, 2024 – J.P. Morgan Energy, Power and Renewables Conference. President and Chief Executive Officer Herb Vogel will present at 10:55 a.m. Eastern time and will also meet with investors in one-onone settings. The event will be webcast, accessible from the Company's website, and available for replay for a limited period. This news release contains forward-looking statements within the meaning of securities laws. The words "intends to" and "plans to" and similar expressions identify forward-looking stat ...

Core Viewpoint - SM Energy (SM) is currently a stock of interest, holding a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong potential for value investors [2][7] Valuation Metrics - SM has a Forward P/E ratio of 6.78, significantly lower than the industry average of 10.26, with a 12-month range of 4.73 to 8.92 [2] - The P/CF ratio for SM is 3.78, compared to the industry average of 7.55, with a 12-month range of 1.83 to 4.21 [4] - SM's P/B ratio stands at 1.47, which is favorable compared to the industry average of 2.40, with a 12-month range of 1.04 to 1.64 [6] Investment Strategy - Value investing is highlighted as a preferred method for identifying strong stocks, utilizing fundamental analysis and traditional valuation metrics to find undervalued stocks [5] - Stocks with high Zacks Ranks and "A" grades in the Value category are considered among the strongest value stocks available [3]

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Let's take a look at what these Wall Street heavyweights have to say about SM Energy (SM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. SM Energy currently has an average brokera ...

SM Energy (SM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. The power of a ...

Core Insights - Zacks Premium offers various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores provide a framework for evaluating stocks based on value, growth, and momentum, aiding in identifying securities likely to outperform the market [2] Zacks Style Scores Overview - Stocks are rated from A to F based on their value, growth, and momentum characteristics, with A being the highest score indicating a better chance of outperforming [3] - The Style Scores are categorized into four types: Value Score, Growth Score, Momentum Score, and VGM Score [3][4][5][6] Value Score - Focuses on identifying undervalued stocks using financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - Concentrates on a company's financial health and future growth potential, analyzing projected and historical earnings, sales, and cash flow [4] Momentum Score - Targets stocks experiencing upward or downward trends, utilizing metrics like one-week price change and monthly earnings estimate changes [5] VGM Score - Combines all three Style Scores to provide a comprehensive rating, helping investors find stocks with attractive value, growth forecasts, and momentum [6] Zacks Rank Integration - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to assist in portfolio creation [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] Stock Selection Strategy - For optimal returns, investors should consider stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [9] - Stocks with a 3 (Hold) rank should also have A or B Scores to maximize upside potential [9] Company Spotlight: SM Energy - SM Energy, based in Denver, CO, is an independent oil and gas company engaged in the exploration and production of natural gas and crude oil in North America [11] - The company holds a 1 (Strong Buy) rating on the Zacks Rank and has a VGM Score of A [11] - SM Energy's Momentum Style Score is B, with a 1% increase in shares over the past four weeks and an upward revision of earnings estimates by five analysts for fiscal 2024 [12]

SM Energy (SM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this independent oil and gas company have returned +1% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Oil and Gas - Exploration and Production - United States industry, to which SM Energy belongs, has lost 4.3% over this period. Now the key question is: Where could the sto ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by th ...