Is SM Energy Company’s (SM) share price driving long-term returns?
For example, the SM Energy Company ( NYSE:SM) share price has soared 290% in the last three years. How nice for those who held the stock! In the last week the share price is up 6.2%. Since the stock has added US$277m to its market cap in the past week alone, let's see if underlying performance has been driving long-term returns.
Is SM Energy (SME) a good stock to buy?
SM Energy has received a consensus rating of Buy. The company's average rating score is 2.56, and is based on 6 buy ratings, 2 hold ratings, and 1 sell rating. According to analysts' consensus price target of $33.56, SM Energy has a forecasted upside of 15.7% from its current price of $29.00.
Do analysts agree on SM Energy (SM) stock's upside estimates?
The mean of analysts' price targets for SM Energy (SM) points to a 28.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
How much money does SM Energy make a year?
The energy company earns $-764.61 million in net income (profit) each year or ($4.82) on an earnings per share basis. How many employees does SM Energy have?
Is SM Energy stock a good buy?
Out of 8 analysts, 4 (50%) are recommending SM as a Strong Buy, 2 (25%) are recommending SM as a Buy, 1 (12.5%) are recommending SM as a Hold, 0 (0%) are recommending SM as a Sell, and 1 (12.5%) are recommending SM as a Strong Sell. What is SM's earnings growth forecast for 2022-2024?
What does SM Energy Company do?
What does SM Energy do? SM Energy is a North American energy company engaged in the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids.
How many employees does SM Energy have?
506SM EnergyTypePublic companyTotal assets$5.233 billion (2021)Total equity$2.063 billion (2021)Number of employees506 (2021)Websitesm-energy.com11 more rows
Where does SM Energy operate?
state of TexasAbout Our Operations At present, our investment portfolio is focused in five counties in the state of Texas, specifically the Midland Basin in West Texas and the Maverick Basin in South Texas.
What is oil exploration?
Oil and gas exploration encompasses the processes and methods involved in locating potential sites for oil and gas drilling and extraction. Early oil and gas explorers relied upon surface signs like natural oil seeps, but developments in science and technology have made oil and gas exploration more efficient.
Is Chesapeake an energy?
Chesapeake Energy Corporation is an American energy company engaged in hydrocarbon exploration. It is headquartered in Oklahoma City....Chesapeake Energy.TypePublic companyFounded1989FoundersAubrey McClendon Tom L. WardHeadquartersOklahoma City, Oklahoma, U.S.13 more rows
What is SM Energy?
Where is SM Energy located?
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in the state of Texas. As of December 31, 2020, it had 404.6 million barrels of oil equivalent of estimated proved reserves; and working interests in 801 gross productive oil wells and 498 gross productive gas 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.#N#More...
How many analysts have rated SM?
SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado. More...
Is SM Energy a stock?
14 Wall Street analysts have issued ratings. Currently, 7 analysts rated SM as Bullish, 1 rated it Bearish, and 6 rated it Neutral. This suggests a possible increase. View SM’s analyst predictions. 2 Seeking Alpha authors also rated the stock, and their ratings often outperform those of Wall Street analysts. Here are their ratings on SM
Is SM bullish or bearish?
SM Energy Company is currently listed on NYSE under SM. One share of SM stock can currently be purchased for approximately $ 32.85.
Where is SM Energy located?
Currently, 7 Wall Street analysts rated SM as Bullish, while 1 were Bearish, and 6 rated it Neutral. This suggests a consensus of SM going up. View SM’s ratings here. 2 Seeking Alpha authors also rated the stock, and their ratings often outperform those of Wall Street analysts. Here are their ratings on SM
What is the P/E ratio of SM Energy?
Its operations are located in Midland Basin and South Texas. The company was founded in 1908 and is headquartered in Denver, CO.
How much is SM Energy stock worth in 2021?
The P/E ratio of SM Energy is -6.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
What is SM Energy?
The SM Energy Company stock price fell by -13.93% on the last day (Friday, 26th Nov 2021) from $33.31 to $28.67. During the day the stock fluctuated 10.64% from a day low at $27.53 to a day high of $30.46. The price has been going up and down for this period, and there has been a -18.04% loss for the last 2 weeks. Volume has increased on the last day by 1 million shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 3 million shares were bought and sold for approximately $88.32 million.
What is the price target for SM in 2021?
SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast region, which focuses primarily on Eagle Ford shale program; Rocky Mountain region comprising the Bakken and Three Forks formations in the North Dakota; and Permian region cover... Read more
Is SM Energy a sell or buy signal?
On Nov 03, 2021 "KeyCorp" gave "$37.00 - $42.00" rating for SM. The price target was changed from $35.83 to 1.7% .
Is SM Energy a negative stock?
The SM Energy Company stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $24.06. On a fall, the stock will find some support from the long-term average at approximately $22.38. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, June 25, 2021, and so far it has fallen -11.41%. Further fall is indicated until a new bottom pivot has been found.
Is SM Energy Company stock A Buy?
The SM Energy Company stock holds several negative signals and despite the positive trend, we believe SM Energy Company will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
