News Buzz: SM Energy Company (NYSE:SM)

SM Energy Company (NYSE:SM) closed with change of 3.32% to $18.03 with the total traded volume of 4956610 shares versus to an average volume of 3.50M. The stock was down in the 5 days activity -3.17%. The one month performance of stock was -1.69%. SM shares are -19.72% for the quarter and driving a -23.41% over the course of the past year and is now -18.34% since this point in 2018.  Right now SM beta is 2.99. The average volatility for the week and month was at 5.71% and 5.06% respectively.

SM Energy Company (NYSE: SM) recently reported that its Board of Directors has approved a semi-annual cash dividend of $0.05 per share of common stock outstanding. The dividend will be paid on May 9, 2018, to stockholders of record as of the close of business on April 27, 2018. The Company currently has approximately 111.7 million shares of common stock outstanding.

Shares of SM Energy Company have been recently spotted trading -36.06% off of the 52-week high price. On the other end, company shares have been noted 46.70% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 12.29 – 28.20. Switching over to some distances from popular moving averages, we see that the stock has been recorded -13.82% away from the 50 day moving average and -4.57% away from the 200 day moving average. Moving closer, we can see that shares have been trading -0.75% off of the 20-day moving average.

SM Energy Company, an independent energy company, engages in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. It primarily has operations in the South Texas and Gulf Coast, Rocky Mountain, and Permian regions. As of December 31, 2017, the company had 468.1 million barrels of oil equivalent of estimated proved reserves; and working interests in 919 net productive oil wells and 489 net productive gas wells. The company was formerly known as St. Mary Land & Exploration Company and changed its name to SM Energy Company in May 2010. SM Energy Company was founded in 1908 and is headquartered in Denver, Colorado.

Gary Simmons

Gary Simmons is a self-taught investor and follows the value investing approach to picking stocks. He possesses over 10 years of investment experience, an M.B.A. from Louisiana State University, and is also certified in Risk Management Assurance. Gary is a Certified Internal Auditor, Data Miner, and author with a career broadly spanning over multiple business areas. He has exploited those observations and developed investment tactics within a fundamentally sound long-term investment strategy. He currently covers Business News category for our site. Address: 3274 Dennison Street, Modesto, California Email: Gary@newscontrol.info

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