Bear of the Day: SM Energy (SM)
SM Energy(SM) ZACKS·2024-10-14 19:14
SM Energy Co. (SM) is facing falling energy prices as the end of 2024 approaches. Analysts are cutting earnings estimates on this Zacks Rank #5 (Strong Sell) as a result. SM Energy is an independent energy company which explores and produces crude oil, natural gas and NGLs in Texas and Utah. It has a market cap of $5.2 billion. Analysts Cut SM Energy's Earnings Estimates in the Last Month With energy companies which explore and produce crude oil, the price of oil plays a big factor in earnings. Most of thes ...