SM Energy Company with ticker code (SM) now have 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 65 and 39 and has a mean target at 48.96. Given that the stocks previous close was at 38.95 this is indicating there is a potential upside of 25.7%. The day 50 moving average is 36.71 and the 200 moving average now moves to 28.91. The market cap for the company is $4,998m. Find out more information at: https://sm-energy.com
The potential market cap would be $6,282m based on the market concensus.
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 February 24, 2022, it had 492.0 million barrels of oil equivalent of estimated proved reserves. It also has working interests in 825 gross productive oil wells and 483 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.