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SM Energy Company (SM) [hlAlert]

Rating:
Buy SM
down 33.99 %

SM Energy Company (SM) rated Buy with price target $25 by Topeka Capital Markets

Posted on: Wednesday,  Jan 20, 2016  12:25 PM ET by Topeka Capital Markets

Topeka Capital Markets rated Buy SM Energy Company (NYSE: SM) on 01/20/2016. Previously Topeka Capital Markets rated Buy SM Energy Company (NYSE: SM)
on 02/25/2015., when the stock price was $49.01. Since then, SM Energy Company has lost 33.99% as of 01/20/2016's recent price of $32.35.
If you would have followed the previous Topeka Capital Markets's recommendation on SM, you would have lost 33.99% of your investment in 329 days.

St. Mary Land & Exploration Company (St. Mary) is an independent oil and gas company engaged in the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in North America. The Company?s operations are focused in five core operating areas in the United States: the ArkLaTex region, the Mid-Continent region, the Gulf Coast region, the Permian Basin region and the Rocky Mountain region. As of December 31, 2008, the Company had estimated proved reserves of 51.4 million barrels of oil (MMBbl) and 557.4 billion cubic feet (Bcf) of natural gas. As of December 31, 2007, St. Mary had working interests in 2,157 gross (1,057 net) productive oil wells and 3,745 gross (1,510 net) productive gas wells.

Topeka Capital Markets
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/20/2016 12:25 PM Buy
None
8.50 25.00
as of 8/27/2015
1 Week down  -7.59 %
1 Month down  -31.60 %
3 Months down  -42.77 %
1 YTD down  -33.99 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/25/2015 8:25 AM Buy
None
49.01 60.00

(*) Stock Price at the time of the recommendation.
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