Watch List: SM Energy Company (NYSE: SM)

On Friday, Shares of SM Energy Company (NYSE: SM) fell -3.04% to $15.96. The stock grabbed the investor’s attention and traded 2,289,245 shares as compared to its average daily volume of 2.54M shares.

SM Energy Co. (SM) stated fourth-quarter net income of $309.70M, after reporting a loss in the same period a year earlier. On a per-share basis, the Denver-based company said it had profit of $2.73. Losses, adjusted for non-recurring gains, came to 18 cents per share. The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.

The independent oil and Gas Company posted revenue of $394.20M in the period, surpassing Street forecasts. Eight analysts surveyed by Zacks expected $383.10M.

For the year, the company stated net income of $508.40M, or $4.48 per share, swinging to a profit in the period. Revenue was stated as $2.070B.

SM has a market value of $1.80B while its EPS was booked as $4.49 in the last 12 months. The stock has 112.57M shares outstanding. In the profitability analysis, the company has gross profit margin of 70.30% while net profit margin was 31.00%. Beta value of the company was 3.14; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 2.30.


      

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