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SM Energy (SM) Receives a Rating Update from a Top Analyst

Tipranks - Tue Mar 24, 12:22PM CDT

Roth MKM analyst Leo Mariani maintained a Buy rating on SM Energy today and set a price target of $24.00.

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According to TipRanks, Mariani is a top 25 analyst with an average return of 35.9% and a 72.84% success rate. Mariani covers the Energy sector, focusing on stocks such as Sable Offshore, Murphy Oil, and Coterra Energy.

In addition to Roth MKM, SM Energy also received a Buy from TipRanks – xAI’s xAi Oil and Gas Exploration and Production in a report issued on March 21. However, on March 20, Siebert Williams Shank & Co maintained a Hold rating on SM Energy (NYSE: SM).

Based on SM Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $718.3 million and a net profit of $108.98 million. In comparison, last year the company earned a revenue of $835.86 million and had a net profit of $188.28 million

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