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Enter Symbol:
Rating: SM
Buy $59
up 13.00 %

SM Energy Company (NYSE: SM) reiterated to Buy with price target $59 by Global Hunter Securities

Tuesday,  Mar 17, 2015  11:25 AM ET by Dave Ficere

Global Hunter Securities reiterated SM Energy Company (NYSE: SM) to Buy with price target $59. Previously Global Hunter Securities rated Accumulate SM Energy Company
(NYSE: SM) on 12/02/2014, when the stock price was $38.79. Since then, SM Energy Company's stock price has gained 13% as of 03/17/2015's recent price of $43.79.
If you would have followed the previous Global Hunter Securities's recommendation on SM, you would have gained 13% of your investment in 105 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.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.



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