SM Energy Company with ticker code (SM) now have 13 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 57 and 23 with a mean TP of 45.04. With the stocks previous close at 35.21 this is indicating there is a potential upside of 27.9%. The 50 day MA is 32.74 and the 200 day MA is 26.25. The market capitalisation for the company is $4,160m. Company Website: https://sm-energy.com
The potential market cap would be $5,322m 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 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.