SM Energy(SM)

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Ram #1 Industry Brand J.D. Power Initial Quality Study(SM)
Prnewswire· 2024-06-27 16:00
Only truck-exclusive brand ever to top prestigious benchmarking study Ram top-performing Mass Market brand, and #1 overall Fourth time in five years Ram among top three in industry – second time as #1 Ram 1500 best Full-size Light-Duty Pickup second straight year Ram 2500/3500 pickup third among Heavy-Duty Pickups Alfa Romeo Stelvio second among Compact Premium SUVs; second consecutive year among top two Also enjoying the spotlight is the Alfa Romeo Stelvio with its second -place ranking among Compact Premi ...
Should Value Investors Buy SM Energy (SM) Stock?
ZACKS· 2024-06-27 14:40
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. One stock to keep an eye on is SM Energy (SM) . SM is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 7.03 right now. Fo ...
SM ENERGY ANNOUNCES HIGHLY ACCRETIVE $2.0 BILLION UINTA BASIN ACQUISITION, 11% INCREASE TO FIXED DIVIDEND AND RELOADED $500 MILLION SHARE REPURCHASE PROGRAM
Prnewswire· 2024-06-27 11:00
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 ...
SM Energy (SM) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-06-25 23:05
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 ...
Is Trending Stock SM Energy Company (SM) a Buy Now?
ZACKS· 2024-06-25 14:05
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 ...
SM ENERGY DECLARES QUARTERLY CASH DIVIDEND
Prnewswire· 2024-06-24 10:45
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 ...
Is SM Energy (SM) Outperforming Other Oils-Energy Stocks This Year?
ZACKS· 2024-06-20 14:45
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) Rises Higher Than Market: Key Facts
ZACKS· 2024-06-17 23:05
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 ...
Here's Why You Should Buy SM Energy (SM) Stock Right Now
ZACKS· 2024-06-12 16:00
Price Performance Given this outperformance, we believe that SM Energy is one of the best-positioned oil companies for sustainable production growth, underpinned by a robust business model. The company undoubtedly merits a place in your portfolio. Our confidence is further bolstered by its Zacks Rank #2 (Buy) rating. The Zacks Consensus Estimate for SM's 2024 earnings is pegged at $6.63 per share, suggesting growth of 12.6% from the year-ago reported figure, while the same for revenues is $2.58 billion, imp ...
SM ENERGY ANNOUNCES PARTICIPATION IN UPCOMING INVESTOR CONFERENCE
Prnewswire· 2024-06-10 20:15
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 ...