SM Energy Company (NYSE:SM) is expected to pay $0.05 on Nov 2, 2016. The indicated annual dividend is $0.10. Shareholders owning the stock before Oct 19, 2016 will be eligible to receive the payout. Based on SM Energy Company’s current price of $41.10, the dividend is 0.12%. This dividend’s record date is Oct 21, 2016 and the announcement date is Sep 26, 2016. About 10,173 shares traded hands. SM Energy Co (NYSE:SM) has risen 126.04% since March 15, 2016 and is uptrending. It has outperformed by 120.55% the S&P500.
SM Energy Company is an independent energy company. The company has a market cap of $3.26 billion. The Firm is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas and natural gas liquids in onshore North America. It currently has negative earnings. The Firm operates in the exploration and production segment of the gas and oil industry within the United States.
Insitutional Activity: The institutional sentiment decreased to 0.92 in Q2 2016. Its down 0.09, from 1.01 in 2016Q1. The ratio is negative, as 25 funds sold all SM Energy Co shares owned while 80 reduced positions. 32 funds bought stakes while 65 increased positions. They now own 71.53 million shares or 13.24% less from 82.45 million shares in 2016Q1.
Denver Invest Advsr Limited Liability Co has 10,440 shares for 0.01% of their US portfolio. Lord Abbett And Com Ltd Liability holds 336,942 shares or 0.03% of its portfolio. Blackrock Gp holds 0% of its portfolio in SM Energy Co (NYSE:SM) for 86,606 shares. Jpmorgan Chase Com reported 211,120 shares or 0% of all its holdings. Aperio Lc holds 0.01% of its portfolio in SM Energy Co (NYSE:SM) for 34,700 shares. Pnc Financial Grp Incorporated Inc reported 398 shares or 0% of all its holdings. Ims Capital holds 6,000 shares or 0.19% of its portfolio. Goldman Sachs Grp accumulated 917,570 shares or 0.01% of the stock. The Texas-based Shamrock Asset Management Limited Liability Com has invested 0.01% in SM Energy Co (NYSE:SM). Voya Invest Mgmt Llc owns 22,044 shares or 0% of their US portfolio. Palisade Capital Mgmt Lc Nj accumulated 375,639 shares or 0.37% of the stock. Parametric Port Assocs Ltd Llc holds 0% or 108,291 shares in its portfolio. The United Kingdom-based Henderson Grp Public Ltd Co has invested 0.07% in SM Energy Co (NYSE:SM). Ubs Asset Americas Inc has 1.16 million shares for 0.04% of their US portfolio. Vanguard Grp Inc Inc has 5.06M shares for 0.01% of their US portfolio.
Insider Transactions: Since September 29, 2016, the stock had 0 insider buys, and 1 insider sale for $26,440 net activity. $26,440 worth of SM Energy Co (NYSE:SM) shares were sold by Knott Kenneth J..
SM Energy Co (NYSE:SM) Ratings Coverage
Out of 18 analysts covering SM Energy (NYSE:SM), 10 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 56% are positive. SM Energy has been the topic of 41 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of SM Energy Co (NYSE:SM) has “Hold” rating given on Wednesday, December 23 by Cantor Fitzgerald. The firm has “Neutral” rating given on Tuesday, March 15 by JP Morgan. On Tuesday, August 30 the stock rating was upgraded by Seaport Global to “Buy”. The firm has “Sector Outperform” rating by Howard Weil given on Tuesday, October 4. The firm earned “Market Perform” rating on Wednesday, November 18 by BMO Capital Markets. The company was downgraded on Thursday, April 21 by Guggenheim. The rating was upgraded by Guggenheim on Monday, November 2 to “Buy”. The rating was downgraded by Stifel Nicolaus on Wednesday, April 6 to “Hold”. Barclays Capital maintained the shares of SM in a report on Thursday, August 4 with “Overweight” rating. The firm has “Equal Weight” rating given on Tuesday, January 19 by CapitalOne.
Another recent and important SM Energy Co (NYSE:SM) news was published by Reuters.com which published an article titled: “SM Energy to buy Permian Basin acreage for $1.6 billion” on October 18, 2016.
SM Company Profile
SM Energy Company, incorporated on January 23, 1915, is an independent energy company. The Firm is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas and natural gas liquids (NGLs) in onshore North America. The Firm operates in the exploration and production segment of the gas and oil industry within the United States. The Company’s activities are concentrated in onshore operating areas in the United States: South Texas & Gulf Coast Region, Rocky Mountain Region and Permian Region. The Firm has working interests in approximately 1,460 gross (approximately 870 net) productive oil wells and approximately 1,770 gross (approximately 650 net) productive gas wells.
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