SM Energy Company (SM) : During the past 4 weeks, traders have been relatively bearish on SM Energy Company (SM), hence the stock is down -10.34% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.91% relative to the S&P 500. The 4-week change in the price of the stock is -4.28% and the stock has fallen -0.3% in the past 1 week.
SM Energy Company (NYSE:SM): The stock opened at $26.77 on Friday but the bulls could not build on the opening and the stock topped out at $27.06 for the day. The stock traded down to $26.04 during the day, due to lack of any buying support eventually closed down at $26.39 with a loss of -0.83% for the day. The stock had closed at $26.61 on the previous day. The total traded volume was 2,175,014 shares.
The stock has recorded a 20-day Moving Average of 0.66% and the 50-Day Moving Average is 8.28%. SM Energy Company has dropped 6.35% during the last 3-month period . Year-to-Date the stock performance stands at 34.49%.
SM Energy Company is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. Its operations are carried in four onshore operating areas in the United States: South Texas & Gulf Coast Region, which is managed from its office in Houston, Texas and has both operated and non-operated Eagle Ford shale programs; Rocky Mountain Region, which the Company operates from its office in Billings, Montana and focuses on the development and growth through acquisition of assets targeting the Bakken/Three Forks formations; Permian Region, which is managed from the Companys office in Midland, Texas and covers western Texas and southeastern New Mexico, and Mid-Continent Region, which is managed from the Companys office in Tulsa, Oklahoma and the Mid-Continent Region consists of its Haynesville and Woodford Shale assets.