SM Stock Recent News

SM Energy (SM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

SM Energy (SM) reachead $41.53 at the closing of the latest trading day, reflecting a +0.1% change compared to its last close.

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 close to 200,000 BOEPD total production. SM is projected to generate around $650 million in 2025 free cash flow at current high-$60s oil strip.

SM Energy (SM) concluded the recent trading session at $41.49, signifying a +1.32% move from its prior day's close.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

In the closing of the recent trading day, SM Energy (SM) stood at $39.16, denoting a +0.98% change from the preceding trading day.

SM Energy (SM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

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 September 9, 2024.

SM's production outlook is promising, thanks to its strong presence in the oil-rich Midland Basin and the recent acquisition agreement for assets in the Uinta Basin.

The average of price targets set by Wall Street analysts indicates a potential upside of 25.2% in SM Energy (SM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.