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SM Energy (SM)

(Delayed Data from NYSE)

$45.81 USD

45.81
1,262,694

+1.51 (3.41%)

Updated Aug 23, 2024 04:00 PM ET

After-Market: $45.82 +0.01 (0.02%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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1-Strong Buy of 5 1        

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.

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A Value C Growth D Momentum B 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%.

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

Bottom 17% (209 out of 251)

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

Better trading starts here.

Zacks News

Chevron (CVX), QazaqGaz Sign a Gas Exploration Agreement

Chevron's (CVX) subsidiary Chevron Munaigas Inc. and QazaqGaz join forces to explore gas resources in Kazakhstan, strengthening a three-decade relationship and boosting economic growth.

Pembina (PBA) Signs Deal to Acquire 50% Stake in Whitecap (Revised)

Pembina's (PBA) venture entity, Pembina Gas Infrastructure, signs a deal to buy 50% of Whitecap's Kaybob complex for C$252M, securing long-term agreements for infrastructure and future growth.

Nilanjan Banerjee headshot

Ride the Crude Rally With These 3 Promising Energy Stocks

High oil prices favor oil exploration and production activities, increasing the demand for oilfield services. Chevron (CVX), SLB and SM Energy (SM) are thus well poised to gain.

SLB and TotalEnergies Ink 10-Year Digital Solutions Partnership

SLB and TotalEnergies enter into a 10-year collaboration to co-develop scalable digital solutions, focusing on enhancing energy resource access and efficiency through advanced AI technologies.

Transocean's (RIG) Deepwater Aquila Begins Work Offshore Brazil

Transocean's (RIG) newbuild ultra-deepwater drillship begins its first assignment for Petrobras, offshore Brazil, at a day rate of $448,000.

Pembina (PBR) Signs Deal to Acquire 50% Stake in Whitecap

Pembina's (PBA) venture entity, Pembina Gas Infrastructure, signs a deal to buy 50% of Whitecap's Kaybob complex for C$252M, securing long-term agreements for infrastructure and future growth.

California Resources (CRC) Concludes Merger With Aera Energy

California Resources (CRC) expects capital expenditure to be in the $170-$210 million range for the combined entity and net daily production in the band of 140-146 mboe per day for second-half 2024.

Eni (E) Targets Raising 4B Euros From Upstream Asset Sales

Eni (E) aims to raise more than 4 billion euros from global upstream asset sales, part of a broader 8 billion euros disposal plan to support its shift toward sustainable energy.

Northern Oil (NOG) Expands With Uinta Basin Acquisition

By expanding its footprint in the Uinta Basin, Northern Oil and Gas (NOG) continues to solidify its status as a premier non-operated oil and gas company, poised for long-term success.

Repsol (REPYY) and NEO Energy Discuss North Sea Business Merger

Repsol (REPYY) and NEO Energy are yet to provide an update on their potential merger. However, as per sources, both parties are engaged in extensive discussions and may make an announcement soon.

Equinor (EQNR) Extends North Sea Contract With Archer for 24 Months

Equinor (EQNR) has extended its contract with Archer for an additional two years, valued at $60 million, to provide vital services in the North Sea.

Chevron (CVX) Confirms Exploration Rig Deployment in Namibia

Chevron (CVX) confirms its choice of a drilling rig for an upcoming exploration well in Namibia's Orange Basin, planned to start in the fourth quarter of 2024, near the Venus oil and gas discovery.

Petrobras (PBR) Puts Off the Barracuda-Caratinga FPSO Tender

Petrobras (PBR) delays the Barracuda-Caratinga FPSO tender for the second time due to difficulty in attracting floater companies for its Campos basin project.

Baker Hughes (BKR) Launches 3 New Hydrogen Measurement Solutions

Baker Hughes (BKR) launches three state-of-the-art sensor technologies designed for accurate gas, flow, and moisture measurement, revolutionizing safety and efficiency in hydrogen applications.

Eni (E) Signs Deal to Divest Alaska Offshore Assets to Hilcorp

The divestment is part of Eni's (E) broader strategy to generate a net portfolio inflow of 8 billion euros between 2024 and 2027.

Oceaneering (OII) Secures Multiple Offshore Vessel Contracts

Oceaneering's (OII) Offshore Projects Group segment secures multiple contracts for vessel services in the Gulf of Mexico, boosting fleet utilization with IMR, installation and advanced subsea tech.

Phillips 66 (PSX) Ramps Up Production of Renewable Fuels

Phillips 66's (PSX) Rodeo refinery in California uses lower carbon intensity feedstocks, which are processed via new pre-treatment units to convert them into renewable fuels.

ExxonMobil's (XOM) Hammerhead Project Fuels Guyanese Production

ExxonMobil (XOM) is currently producing around 650,000 barrels per day of oil from Guyana, and the Hammerhead FPSO is expected to ramp up the production to 1.5 million barrels per day.

Here's Why Hold Strategy is Apt for Kinder Morgan (KMI) Stock

Kinder Morgan (KMI) generates stable fee-based revenues from its vast network of midstream infrastructure. However, a slowdown in drilling activities might affect it.

Here's Why Hold Strategy is Apt for Enbridge (ENB) Stock Now

With a significant portion of its assets being contracted by shippers for the long term, Enbridge's (ENB) business model is less exposed to volatility in oil and gas prices.

SM Energy (SM) in Advanced Talks to Acquire XCL Resources

By acquiring XCL Resources, SM Energy (SM) would significantly extend its operational footprint into the Uinta Basin.

ExxonMobil's (XOM) French Refinery Suspension Looms Amid Strike

ExxonMobil (XOM) may suspend operations at its Gravenchon refinery due to an ongoing strike. The refinery, representing a fifth of France's refining capacity, has faced significant losses and operational challenges, leaving its future hanging in the balance.

Shell (SHEL) Advances Carbon Capture Initiatives in Canada

Shell's (SHEL) Polaris project is being developed to capture an estimated 650,000 tons of carbon dioxide from Shell's refinery and chemical complex in Scotford, Alberta.

Should Value Investors Buy SM Energy (SM) Stock?

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.

Seadrill (SDRL) Divests Three Jack-up Rigs and JV Interest

Seadrill (SDRL) concludes the sale of the West Castor, the West Telesto and the West Tucana jackup rigs operating offshore Qatar, for cash proceeds of $338 million.