Latest news with #SMEnergy
Business Insider
20-07-2025
- Business
- Business Insider
SM Energy (SM) Gets a Hold from Wells Fargo
Wells Fargo analyst Hanwen Chang maintained a Hold rating on SM Energy on July 18 and set a price target of $30.00. The company's shares closed last Friday at $25.89. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Chang covers the Energy sector, focusing on stocks such as Vital Energy, Matador Resources, and SM Energy. According to TipRanks, Chang has an average return of -2.8% and a 38.24% success rate on recommended stocks. In addition to Wells Fargo, SM Energy also received a Hold from J.P. Morgan's Zach Parham in a report issued on July 10. However, on July 16, Siebert Williams Shank & Co maintained a Buy rating on SM Energy (NYSE: SM). Based on SM Energy's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $844.54 million and a net profit of $182.27 million. In comparison, last year the company earned a revenue of $559.87 million and had a net profit of $131.2 million Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is neutral on the stock. Last month, Richard A. Jenkins, the SVP – Utah of SM sold 7,726.00 shares for a total of $220,113.74.
Yahoo
15-07-2025
- Business
- Yahoo
SM Energy (SM) Stock Dips While Market Gains: Key Facts
SM Energy (SM) ended the recent trading session at $27.56, demonstrating a -3.37% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.14%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.27%. Shares of the independent oil and gas company have appreciated by 0.92% over the course of the past month, underperforming the Oils-Energy sector's gain of 2.89%, and the S&P 500's gain of 3.97%. Market participants will be closely following the financial results of SM Energy in its upcoming release. The company's earnings per share (EPS) are projected to be $1.22, reflecting a 34.05% decrease from the same quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $784.5 million, indicating a 23.63% growth compared to the corresponding quarter of the prior year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $5.73 per share and revenue of $3.3 billion, indicating changes of -15.74% and +22.62%, respectively, compared to the previous year. Any recent changes to analyst estimates for SM Energy should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 1.13% higher. SM Energy presently features a Zacks Rank of #3 (Hold). From a valuation perspective, SM Energy is currently exchanging hands at a Forward P/E ratio of 4.98. This valuation marks a discount compared to its industry average Forward P/E of 11.44. The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 190, this industry ranks in the bottom 24% of all industries, numbering over 250. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SM Energy Company (SM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-07-2025
- Business
- Yahoo
Here's Why SM Energy (SM) Fell More Than Broader Market
SM Energy (SM) ended the recent trading session at $25.34, demonstrating a -2.28% change from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.79%. Elsewhere, the Dow lost 0.94%, while the tech-heavy Nasdaq lost 0.92%. Prior to today's trading, shares of the independent oil and gas company had gained 4.05% lagged the Oils-Energy sector's gain of 6.03% and the S&P 500's gain of 5.22%. Analysts and investors alike will be keeping a close eye on the performance of SM Energy in its upcoming earnings disclosure. In that report, analysts expect SM Energy to post earnings of $1.22 per share. This would mark a year-over-year decline of 34.05%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $781.71 million, up 23.19% from the year-ago period. SM's full-year Zacks Consensus Estimates are calling for earnings of $5.85 per share and revenue of $3.28 billion. These results would represent year-over-year changes of -13.97% and +21.91%, respectively. Investors should also note any recent changes to analyst estimates for SM Energy. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research shows that these estimate changes are directly correlated with near-term stock prices. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system. The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 3.18% increase. Currently, SM Energy is carrying a Zacks Rank of #3 (Hold). In terms of valuation, SM Energy is presently being traded at a Forward P/E ratio of 4.44. Its industry sports an average Forward P/E of 10.83, so one might conclude that SM Energy is trading at a discount comparatively. The Oil and Gas - Exploration and Production - United States industry is part of the Oils-Energy sector. With its current Zacks Industry Rank of 153, this industry ranks in the bottom 39% of all industries, numbering over 250. The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. To follow SM in the coming trading sessions, be sure to utilize Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SM Energy Company (SM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
28-06-2025
- Business
- Yahoo
Jim Cramer Says SM Energy is 'Doing Not Well'
SM Energy Company (NYSE:SM) is one of the 11 stocks Jim Cramer put under the microscope recently. When a caller inquired about the company during the lightning round, Cramer commented: 'The old St. Mary Energy. Alright, listen to me. This thing, I saw it downgraded today. They are doing not well. Okay, I think you should go buy Coterra if you want an oil. That is not a company that you want to own right now. I'm sorry.' A large oil tanker on the horizon, highlighting the wealth of resources this company brings. SM Energy (NYSE:SM) is an independent energy company involved in acquiring, exploring, developing, and producing oil, gas, and natural gas liquids, with operations concentrated in the Midland Basin and South Texas. On June 26, the company announced a quarterly cash dividend of $0.20 per share, payable by August 4, to shareholders of record on July 18. While we acknowledge the potential of SM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-06-2025
- Business
- Yahoo
SM Energy (SM) Declines After a Rating Downgrade
The share price of SM Energy Company (NYSE:SM) fell by 10.42% between June 18 and June 25, 2025, putting it among the Energy Stocks that Lost the Most This Week. A row of massive oil rigs in a desert landscape, against a setting sun. SM Energy Company (NYSE:SM) is an independent energy company focused on the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the United States. SM Energy Company (NYSE:SM) declined this week after Raymond James analyst John Freeman double downgraded the stock from 'Outperform' to 'Underperform', without stating a price target. The downgrade comes on the back of lower oil prices and inventory concerns. The analyst mentioned that as the geopolitical risk premium unwinds on oil, the fundamentals support an oil price closer to $60 per barrel for an extended period, unless geopolitical risks resurface or OPEC changes course from its internal price war. Raymond James highlighted that SM Energy Company (NYSE:SM) has a below-average core inventory life in the Permian Basin, which 'puts increasing pressure on the Uinta to fill the gap.' As of the writing of this piece, SM Energy Company (NYSE:SM) has fallen by more than 38% since the beginning of 2025. While we acknowledge the potential of SM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and 12 Best Natural Gas Stocks to Buy According to Analysts Disclosure: None. Sign in to access your portfolio
