SM Energy Company (SM)
SM Energy Company operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Denver, CO, US. The stock last traded at $34.75, down 6.00% on the session, giving a market capitalisation of $8.33B. On trailing twelve-month figures it carries a trailing P/E of 8.98, a net margin of 18.2%. Its beta of 0.75 implies it has historically moved less than the broad market.
SM Energy Company is an independent firm dedicated to the exploration, development, acquisition, and production of oil, natural gas, and natural gas liquids. Its operations are exclusively concentrated within the state of Texas. As of February 24, 2022, the company reported an impressive 492.0 million barrels of oil equivalent in estimated proved reserves. Furthermore, it holds working stakes in 825 active oil wells and 483 active gas wells, primarily situated in the Midland Basin and South Texas regions. Established in 1908, the company is headquartered in Denver, Colorado. It adopted its current name, SM Energy Company, in May 2010, having previously been known as St. Mary Land & Exploration Company.
SM Energy Company is most often compared with the following Energy names: