SM Energy Company with ticker code (SM) now have 12 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 61 and 36 with a mean TP of 48. With the stocks previous close at 31.5 this now indicates there is a potential upside of 52.4%. There is a 50 day moving average of 33.23 and the 200 day moving average is 39.38. The market capitalisation for the company is $3,717m. Company Website: https://sm-energy.com
The potential market cap would be $5,664m 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.
