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SM Energy Company, represented by the symbol SM-N, has been highlighted as a strong investment opportunity by analysts, primarily due to its strategic partnership with Crescent Point in developing lucrative waxy crude assets in the Uinta Basin. This collaboration enhances its operational capacity, especially with rail connections to the Gulf Coast, which optimizes distribution. The company boasts impressive financial metrics, trading at 6x earnings and 1.2-1.3x book value while sustaining a robust return on equity of 22%. Analysts suggest a close monitoring approach, recommending a stop-loss strategy at $37, with price targets ranging from $54.50 to $55, signaling a potential upside of 20-23%. Additionally, it offers a yield of 1.6%, further emphasizing its attractiveness in the energy sector.
Energy company - oil and gas producer. He is looking for companies that are good quality, selling off and with volume picking up as it turns, which this is. He is already making money on it. Stop is $47.
SM Energy Company is a American stock, trading under the symbol SM-N on the New York Stock Exchange (SM). It is usually referred to as NYSE:SM or SM-N
In the last year, there was no coverage of SM Energy Company published on Stockchase.
SM Energy Company was recommended as a Top Pick by on . Read the latest stock experts ratings for SM Energy Company.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of SM Energy Company published on Stockchase.
On 2025-02-18, SM Energy Company (SM-N) stock closed at a price of $38.62.
We reiterate SM as a TOP PICK. Partnering with Crescent Point, they are developing the very profitable waxy crude in the Uinta Basin. Rising cash flows have allowed the company to take on incremental debt to continue developing the region. It trades at 6x earnings, 1.2x book and supports a 22% ROE. We continue to recommend a stop at $37, looking to achieve $54.50 -- upside potential of 23%. Yield 1.6%
(Analysts’ price target is $54.56)