SM Energy Company with ticker code (SM) have now 11 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 80 and 40 calculating the mean target price we have 58.7. With the stocks previous close at 37 this indicates there is a potential upside of 58.6%. The 50 day moving average now sits at 40.04 and the 200 moving average now moves to 36.26. The market cap for the company is $4,671m. Company Website: https://sm-energy.com
The potential market cap would be $7,410m 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.
