SM Energy Company (SM)
| Market Cap | 5.12B |
| Revenue (ttm) | 2.34B |
| Net Income (ttm) | 829.13M |
| Shares Out | 114.42M |
| EPS (ttm) | 7.15 |
| PE Ratio | 6.18 |
| Forward PE | 5.95 |
| Dividend | $0.80 (1.80%) |
| Ex-Dividend Date | Oct 25, 2024 |
| Volume | 153,699 |
| Open | 44.86 |
| Previous Close | 44.24 |
| Day's Range | 43.91 - 45.00 |
| 52-Week Range | 34.13 - 53.26 |
| Beta | 4.13 |
| Analysts | Buy |
| Price Target | 50.62 (+13.21%) |
| Earnings Date | Oct 31, 2024 |
About SM
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. It has working interests in oil and gas producing wells in the Midland Basin and South Texas. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado. [Read more]
Financial Performance
In 2023, SM Energy Company's revenue was $2.27 billion, a decrease of -29.01% compared to the previous year's $3.20 billion. Earnings were $817.88 million, a decrease of -26.45%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for SM stock is "Buy." The 12-month stock price forecast is $50.62, which is an increase of 13.21% from the latest price.
News
SM ENERGY APPOINTS DR. ASHWIN VENKATRAMAN TO THE COMPANY'S BOARD OF DIRECTORS
DENVER , Dec. 2, 2024 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announced that Dr. Ashwin Venkatraman has been appointed to serve as an independent director and as a member of the Audit Commi...
SM Energy: Works On Integrating Its Uinta Basin Assets
SM Energy's Q3 2024 production exceeded expectations and showed good capital efficiency. SM's Uinta Basin acquisition pushes its production above 200,000 BOEPD and its oil cut above 50%. SM is project...
Viking Fund Management Sells Big Oil Stocks In Q3, Cuts Tesla Position In Half, Adds To Largest Position Broadcom
A new 13F filing from Viking Fund Management reveals which companies the fund bought and sold in the third quarter, including exiting some oil companies ahead of the 2024 election.
SM Energy Company (SM) Q3 2024 Earnings Call Transcript
SM Energy Company (SM) Q3 2024 Earnings Call Transcript
SM ENERGY REPORTS THIRD QUARTER 2024 RESULTS HIGHLIGHTING EXCELLENT OPERATIONAL EXECUTION THAT DELIVERED INCREASED OIL PRODUCTION ON LOWER CAPITAL
DENVER , Oct. 31, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today reported operating and financial results for the third quarter 2024 and provided certain full year and fourth ...
SM ENERGY PUBLISHES UPDATED SUSTAINABILITY DISCLOSURES
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 ...
SM ENERGY SCHEDULES THIRD QUARTER 2024 EARNINGS RELEASE AND CALL
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 ...
Top Energy Stocks For Q4
The energy sector has underperformed in 2024 due to declining oil prices amid weakened demand and oversupply. An economic stimulus package in China and increased geopolitical tensions in the Middle Ea...
SM ENERGY ANNOUNCES CLOSING OF UINTA ACQUISITIONS - SIGNIFICANTLY EXPANDING ITS TOP-TIER PORTFOLIO
DENVER , Oct. 2, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) announced today that it has closed the previously announced Uinta Basin acquisition of an 80% undivided interest in t...
SM ENERGY DECLARES QUARTERLY CASH DIVIDEND
DENVER , Sept. 26, 2024 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announces that its Board of Directors approved the increased quarterly cash dividend of $0.20 per share of common stock outst...
SM Energy: Production Should Be Close To 200,000 BOEPD After Uinta Basin Deals (Rating Upgrade)
SM Energy's oil production exceeding the midpoint of its Q2 2024 guidance by 6%. SM's Uinta Basin acquisitions are further adding to its oil production, and its oil cut should be over 50% in 2025 with...
SM Energy: Robust E&P Companies Better Than Outright WTI In Today's Environment
Oil prices have plunged due to recession fears, weak China demand, and OPEC's aggressive stance, making strong E&P companies a better investment than oil ETFs. SM Energy's acquisition of Uinta Basin a...
SM ENERGY APPOINTS BETH MCDONALD AS EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER
DENVER , Sept. 9, 2024 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announced that it has appointed Beth McDonald as its Executive Vice President and Chief Operating Officer, effective as of Sep...
Top Stocks Near Their 200-Day SMA
The 200-day Simple Moving Average is an important technical indicator that can signal potential bullish sentiment and breakout opportunities for stocks. The 200-day SMA can also act as support or resi...
SM Energy: Pivot From The Permian
SM Energy viewed as average producer, facing inventory concerns in Permian. SM Energy acquires Uinta Basin assets, making bold move to lead development in smaller region. Uinta Basin has potential to ...
SM Energy Company (SM) Q2 2024 Earnings Call Transcript
SM Energy Company (NYSE:SM) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Jennifer Martin Samuels - Vice President, Investor Relations Herbert Vogel - President and...
SM ENERGY REPORTS SECOND QUARTER 2024 RESULTS AND ANNOUNCES ACQUISITION OF ADDITIONAL UINTA BASIN ASSETS; HIGHLIGHTS EXCELLENT OPERATIONAL EXECUTION, SIGNIFICANT PORTFOLIO EXPANSION AND INCREASED RETURN OF CAPITAL
DENVER , Aug. 7, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today reported operating and financial results for the second quarter 2024, provided certain full year and third quar...
SM ENERGY SCHEDULES SECOND QUARTER 2024 EARNINGS RELEASE AND CALL
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 hour...
SM ENERGY PRICES AN UPSIZED PRIVATE OFFERING OF $750 MILLION OF SENIOR NOTES DUE 2029 AND $750 MILLION OF SENIOR NOTES DUE 2032
DENVER , July 18, 2024 /PRNewswire/ -- SM Energy Company ("SM Energy") (NYSE: SM) announced today that it has priced an upsized offering of $750,000,000.00 aggregate principal amount of its 6.750% se...
SM ENERGY ANNOUNCES PRIVATE OFFERING OF $650 MILLION OF SENIOR NOTES DUE 2029 AND $650 MILLION OF SENIOR NOTES DUE 2032
DENVER , July 18, 2024 /PRNewswire/ -- SM Energy Company ("SM Energy" or "the Company") (NYSE: SM) announced today that, subject to market conditions, it intends to offer $650,000,000.00 aggregate pri...
SM Energy: Power Up The Oil And Gas Industry
SM Energy Company's acquisition of 20,000 net acres in Dawson County and northern Martin Counties is set to enhance its drilling and completion activities. SM Energy Company operates in oil and gas ex...
SM Energy buys XCL Resources' shale assets for $2 bln
SM Energy said on Thursday it had agreed to buy some assets of shale-focused producer XCL Resources for about $2 billion from private-equity firm EnCap Investments, extending its footprint in the Uint...
SM ENERGY ANNOUNCES HIGHLY ACCRETIVE $2.0 BILLION UINTA BASIN ACQUISITION, 11% INCREASE TO FIXED DIVIDEND AND RELOADED $500 MILLION SHARE REPURCHASE PROGRAM
DENVER , June 27, 2024 /PRNewswire/ -- SM Energy Company (the "Company" or "SM Energy") (NYSE: SM) today announces that it has entered into an agreement to acquire the Uinta Basin oil and gas assets o...
SM ENERGY ANNOUNCES PARTICIPATION IN UPCOMING INVESTOR CONFERENCE
DENVER , June 10, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) intends to participate in the following upcoming investor conference and plans to post an investor presentation to t...