SM - SM Energy Company: 52-Week High Recently Eclipsed (SM)

Shares of SM Energy Company (NYSE:SM) traded at a new 52-week high today of $42.38. So far today approximately 913,000 shares have been exchanged, as compared to an average 30-day volume of 2.7 million shares.

In the past 52 weeks, shares of SM Energy Company have traded between a low of $14.79 and a high of $42.38 and is now at $42.35, which is 186% above that low price.

SM Energy Co 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.

SM Energy Company (NYSE:SM) is currently priced 5.8% above its average consensus analyst price target of $39.90.

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