SM / Permian Basin Fuels New Texas Oil Boom, Lifting Shale Oil Stocks Near Buy Points

SM Energy (SM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. more_horizontal

While the top- and bottom-line numbers for SM Energy (SM) give a sense of how the business performed in the quarter ended September 2023, it could be more_horizontal

SM Energy Co (NYSE:SM ) Q3 2023 Earnings Conference Call November 2, 2023 4:15 PM ET Company Participants Jennifer Samuels - VP, IR & ESG Stewardship more_horizontal

SM Energy (SM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat more_horizontal

SM Energy (SM) is in a strong position to capitalize on the favorable commodity price scenario due to its increasing focus on crude, specifically in t more_horizontal

SM Energy (SM) reported earnings 30 days ago. What's next for the stock? more_horizontal

SM Energy (SM) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings more_horizontal

For the second quarter, SM Energy (SM) announces a 10% reduction in its capital budget (before acquisitions) from the previously mentioned mid-point o more_horizontal