Back to top
more

SM Energy (SM)

(Delayed Data from NYSE)

$40.28 USD

40.28
3,384,701

-1.69 (-4.03%)

Updated Nov 1, 2024 04:00 PM ET

After-Market: $40.19 -0.09 (-0.22%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value D Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 16% (209 out of 250)

Industry: Oil and Gas - Exploration and Production - United States

Better trading starts here.

Zacks News

Why Holding Marathon Petroleum Stock Makes Sense for Now

MPC shows strong cash flow and strategic growth, making it a solid hold despite turnaround costs and oil price volatility risks.

SLB Develops New Solution to Advance Carbon Storage Projects

SLB's well integrity assessment solution can help companies detect risks associated with wells and their potential impact on the early stages of development of carbon storage projects.

Equinor Cancels Key Offshore Wind Projects Amid Rising Costs

EQNR exits offshore wind projects in Spain and Portugal, citing rising costs and market challenges in the renewables sector.

Petrobras, TGS Enter Tech and Research Partnership in Brazil

PBR and TGS ink a MOU to enhance Brazil's energy sector with advancements in oil and gas exploration, production efficiency and renewable energy technologies.

Nilanjan Banerjee headshot

SM Energy Shares Gain More Than 20%: Time to Buy the Stock?

SM's production outlook is promising, thanks to its strong presence in the oil-rich Midland Basin and the recent acquisition agreement for assets in the Uinta Basin.

Shell's Nigerian Onshore Asset Sale Faces Regulatory Hurdles

SHEL states that it is not selling its onshore assets directly to Renaissance. The transaction involves a transfer of shares, which means that it will only transfer the ownership of the assets.

Wall Street Analysts Predict a 25.19% Upside in SM Energy (SM): Here's What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 25.2% in SM Energy (SM). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Equinor Cancels Plan for Vietnam's Offshore Wind Sector

EQNR scraps its plan to invest in the offshore wind sector in Vietnam. It will also end its business development operations in the country and close its Hanoi office.

Nilanjan Choudhury headshot

Goldman Sachs Trims Oil View: What's Next for Energy Stocks?

Despite Goldman Sachs' downward revision to the oil price forecast, the space still looks good for investment. We recommend buying stocks like SM, FTI and TUWOY.

SM Energy Company (SM) Is a Trending Stock: Facts to Know Before Betting on It

SM Energy (SM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

ConocoPhillips Taps Raptor Data for Plug & Abandonment Work

COP has awarded a contract to Aberdeen-based Raptor Data for plug and abandonment work in Norway's Greater Ekofisk area, utilizing advanced technology.

ExxonMobil Plans $1B Sale of Permian Assets Amid Shale Focus

XOM intends to sell Permian Basin assets, including conventional wells, for $1 billion, as part of its strategy to enhance shale production post-Pioneer acquisition.

Chevron-Led Group Faces Deadline for Aphrodite Gas Project

CVX-led consortium faces a three-month deadline from the Cypriot government to expedite and revise its Aphrodite gas field development plan.

Petrobras, Helix Ink Lucrative $786M Well Intervention Deals

PBR and Helix Energy Solutions sign new three-year contracts for the Siem Helix 1 & 2 vessels to provide well-intervention services in Brazil.

Equinor Plans $6.7B Annual Offshore Investment Until 2035

EQNR plans to invest heavily in Norway's offshore oil sector, with $6.7 billion annually through 2035, despite the global shift to renewables.

Dril-Quip Moves to Ease Innovex Merger, Scraps Charter Vote

DRQ streamlines its Innovex merger process by focusing on key stock issuance approval, simplifying the path to a finalized deal.

Shell's Zydeco Pipeline to Undergo Maintenance in September

SHEL's Zydeco pipeline eases transportation bottlenecks for the crude that arrives in Houston from the prolific Eagle Ford shale, and the Permian and Bakken regions.

OMV's (OMVJF) Wildcat Well Encounters Gas Offshore Norway

OMV's (OMVJF) new gas discovery lies in the PL 1194. The preliminary estimates suggest that the size of the discovery lies in the range of 4-12 million standard cubic meters of oil equivalent.

Nilanjan Choudhury headshot

What Does Morgan Stanley's Latest Oil Market Outlook Convey?

Despite Morgan Stanley's mildly bearish oil demand view, we believe the space is a good one for investors to take a position in. We suggest buying stocks like SM, FTI and TUWOY.

Eni (E) Secures New Offshore Gas Hub Approvals in Indonesia

Eni (E) gets the green signal for two new gas projects in Indonesia, enhancing its Kutei Basin operations and increasing gas and condensates production.

Imperial Oil (IMO) Fined C$50,000 for Oilsands' Tailings Leak

Imperial Oil (IMO) faces a C$50,000 fine from Alberta's energy regulator for environmental violations related to an oilsands leak at its Kearl site.

Equinor (EQNR) Shuts Down Gullfaks C Platform After Well Incident

Equinor's (EQNR) Gullfaks C platform evacuates some workers as a security measure after the platform encountered a well-control incident. The other platforms at the Gullfaks field remain operational.

Halliburton (HAL) Falls Victim to Cyberattack, Operations Suffer

Halliburton (HAL) states that the cyberattack seemingly affected business operations at its north Houston campus. The company is working with leading external agents to resolve the issues.

Are Investors Undervaluing SM Energy (SM) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Chevron (CVX) Secured New GHG Assessment Permit in Australia

Chevron (CVX) secures a key greenhouse gas permit in Australia, boosting carbon capture efforts to meet global energy demands sustainably.