Company Performance - SM Energy (SM) closed at $42.33, reflecting a +0.45% change from the previous day, outperforming the S&P 500's 0.05% loss [1] - Over the past month, SM Energy shares have appreciated by 0.1%, while the Oils-Energy sector experienced a loss of 9.67% [1] - The upcoming earnings report on October 31, 2024, is expected to show an EPS of $1.56, indicating a 9.83% decline year-over-year, with revenue projected at $664.81 million, a 3.73% increase [1] Annual Estimates - For the annual period, Zacks Consensus Estimates predict earnings of $7.06 per share and revenue of $2.76 billion, representing increases of +19.86% and +16.07% respectively from the previous year [2] - Recent shifts in analyst projections for SM Energy are crucial as they reflect short-term business trends, with positive revisions indicating analyst optimism [2] Zacks Rank and Valuation - SM Energy currently holds a Zacks Rank of 5 (Strong Sell), with the consensus EPS estimate moving 0.25% lower over the past month [3] - The Forward P/E ratio for SM Energy is 5.97, which is a discount compared to the industry average of 10.06 [3] - The Oil and Gas - Exploration and Production - United States industry is ranked 237 in the Zacks Industry Rank, placing it in the bottom 6% of over 250 industries [3]

DENVER, Oct. 21, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today announced the publication of its updated environmental, social and governance ("ESG") materials, all of which are available on the Company's website at www.sm-energy.com/sustainability. Updated publications include:Letter from our CEO to Stakeholders;Performance Highlights and Quick Reference Metrics, which reports 2023 data;2024 Corporate Sustainability Report;2024 Sustainability Accounting Standards Board Report, whic ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about SM Energy (SM) . SM Energy currently has an average brokerage recommendation (ABR) of 1.79, on ...

SM Energy Co. (SM) is facing falling energy prices as the end of 2024 approaches. Analysts are cutting earnings estimates on this Zacks Rank #5 (Strong Sell) as a result. SM Energy is an independent energy company which explores and produces crude oil, natural gas and NGLs in Texas and Utah. It has a market cap of $5.2 billion. Analysts Cut SM Energy's Earnings Estimates in the Last Month With energy companies which explore and produce crude oil, the price of oil plays a big factor in earnings. Most of thes ...

DENVER, Oct. 9, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today announces that it expects to release its third quarter 2024 financial and operating results after market hours on October 31, 2024. See schedule below: October 31, 2024 – After market close, the Company plans to issue its third quarter 2024 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the third quarter 2024 financial and operating results, and an associated pr ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about SM Energy (SM) . SM Energy currently has an average brokerage recommendation (ABR) of 1.85, on ...

The latest trading session saw SM Energy (SM) ending at $39.97, denoting a +0.4% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.42%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq gained 0.38%. Coming into today, shares of the independent oil and gas company had lost 12.76% in the past month. In that same time, the Oils-Energy sector lost 2.47%, while the S&P 500 gained 2.06%. The investment community will be closely monitoring the perf ...

SM Energy (SM) is currently considered undervalued, trading at a 3.32x trailing 12-month enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), which is below the broader industry average of 6.99x. It is also cheaper than larger exploration and production players such as EOG Resources Inc (EOG) and ConocoPhillips (COP) , which have respective EV/EBITDA of 5.11X and 5.09X. Zacks Investment Research Image Source: While a discounted valuation can offer a potentially pro ...

In the latest market close, SM Energy (SM) reached $41.53, with a +0.1% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq lost 0.36%. The independent oil and gas company's stock has dropped by 6.34% in the past month, falling short of the OilsEnergy sector's loss of 1.95% and the S&P 500's gain of 2.06%. Market participants will be closely following the financial results of SM Energy ...

SM Energy (SM) closed the latest trading day at $41.49, indicating a +1.32% change from the previous session's end. The stock trailed the S&P 500, which registered a daily gain of 1.7%. At the same time, the Dow added 1.26%, and the tech-heavy Nasdaq gained 2.51%. The the stock of independent oil and gas company has fallen by 7.79% in the past month, lagging the OilsEnergy sector's loss of 2.52% and the S&P 500's gain of 1.27%. The investment community will be paying close attention to the earnings performa ...