|Bid||0.0000 x 1300|
|Ask||0.0000 x 45100|
|Day's Range||1.3400 - 1.5500|
|52 Week Range||0.9000 - 12.4000|
|Beta (5Y Monthly)||5.53|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 29, 2020|
|Forward Dividend & Yield||0.02 (1.43%)|
|Ex-Dividend Date||Oct 22, 2020|
|1y Target Est||3.63|
SM Energy (SM) delivered earnings and revenue surprises of 78.26% and -11.40%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of SM Energy (NYSE:SM) rose 6% in after-market trading after the company reported Q3 results.Quarterly Results Earnings per share were up 54.55% over the past year to ($0.05), which beat the estimate of ($0.28).Revenue of $281,015,000 declined by 28.00% year over year, which missed the estimate of $309,910,000.Outlook SM Energy hasn't issued any earnings guidance for the time being.View more earnings on SMRevenue guidance hasn't been issued by the company for now.Recent Stock Performance Company's 52-week high was at $12.40Company's 52-week low was at $0.90Price action over last quarter: down 49.83%Company Profile SM Energy is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids. Operating primarily out of the United States, the company actively participates in joint ventures, prospects/leaseholds, and drill-to-earn opportunities. The majority of the company's revenue is derived from some of the United States' premier drilling locations. Drilling location interests have been traditionally obtained through oil and gas leases from third parties. SM Energy relies on its fleet of geologists, geophysicists, landmen, and engineers to help extract the full potential out of all properties held.See more from Benzinga * Click here for options trades from Benzinga * Earnings Scheduled For October 29, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
SM Energy Company (the "Company") (NYSE: SM) today announced operating and financial results for the third quarter 2020 and provided updates to its 2020 guidance.