SM Energy (SM) closed the last trading session at $46.16, gaining 1.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $57.79 indicates a 25.2% upside potential. The average comprises 14 short-term price targets ranging from a low of $46 to a high of $69, with a standard deviation of $7.17. While the lowest estimate indicates a decline of 0.4% from the current price level, the most ...

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 -4% over the past month versus the Zacks S&P 500 composite's -3.2% change. The Zacks Oil and Gas - Exploration and Production - United States industry, to which SM Energy belongs, has lost 7% over this period. Now the key question is: Where could the stock ...

SM Energy Company (SM) reported second-quarter 2024 adjusted earnings of $1.85 per share, which surpassed the Zacks Consensus Estimate of $1.57. The bottom line also increased from the year-ago quarter's figure of $1.28. Total quarterly revenues of $634.5 million increased from $551 million in the year-ago quarter and beat the Zacks Consensus Estimate of $630 million. The strong quarterly results can be attributed to increased oil equivalent production volumes and high average realized price per Boe. Operat ...

SM Energy (SM) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 17.83%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.28 per share when it actually produced earnings of $1.41, delivering a surprise of 10.16%. Over the last four quart ...

SM Energy (SM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on August 7, 2024, might help the stock move higher if these key numbers are better than expecta ...

Market participants will be closely following the financial results of SM Energy in its upcoming release. The company plans to announce its earnings on August 7, 2024. The company is expected to report EPS of $1.57, up 22.66% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $629.58 million, indicating a 14.31% growth compared to the corresponding quarter of the prior year. SM Energy (SM) closed the most recent trading day at $45.49, moving +0.15% from ...

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 8, 2024 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time for the second quarter 2024 financial and operating results Q&A session. This discussion will be accessible via: ABOUT THE COMPANY SM ENERGY INVESTOR CONTACTS SOURCE SM En ...

Breaking things down more, SM Energy is a member of the Oil and Gas - Exploration and Production - United States industry, which includes 36 individual companies and currently sits at #76 in the Zacks Industry Rank. This group has gained an average of 4.9% so far this year, so SM is performing better in this area. TC Energy, however, belongs to the Alternative Energy - Other industry. Currently, this 43-stock industry is ranked #186. The industry has moved +30% so far this year. SM Energy and TC Energy coul ...

The most recent trading session ended with SM Energy (SM) standing at $46.40, reflecting a -0.54% shift from the previouse trading day's closing. This change lagged the S&P 500's daily gain of 1.08%. Elsewhere, the Dow saw an upswing of 0.32%, while the tech-heavy Nasdaq appreciated by 1.58%. For the full year, the Zacks Consensus Estimates project earnings of $7.30 per share and a revenue of $2.86 billion, demonstrating changes of +23.94% and +20.39%, respectively, from the preceding year. It's also import ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks. In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value ...