SM Energy Company with ticker code (SM) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 56 and 23 with a mean TP of 44.04. Given that the stocks previous close was at 32.97 this indicates there is a potential upside of 33.6%. The day 50 moving average is 31.47 and the 200 day moving average is 24.47. The company has a market cap of $3,809m. Company Website: https://sm-energy.com
The potential market cap would be $5,088m 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.
