Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
8/21/2024 | Hold → Buy | Tudor, Pickering, Holt & Co. | ||
6/25/2024 | $51.00 | Hold | Truist | |
6/21/2024 | $63.00 | Overweight | Stephens | |
1/31/2024 | $50.00 | Neutral → Buy | Seaport Research Partners | |
1/5/2024 | $39.00 | Buy → Underperform | BofA Securities | |
1/5/2024 | $40.00 | Equal-Weight | Morgan Stanley | |
12/14/2023 | Buy → Accumulate | Johnson Rice | ||
11/15/2023 | $40.00 | Equal Weight | Wells Fargo |
DENVER, Sept. 9, 2024 /PRNewswire/ -- SM Energy Company (NYSE:SM) today announced that it has appointed Beth McDonald as its Executive Vice President and Chief Operating Officer, effective as of September 9, 2024. President and Chief Executive Officer Herb Vogel comments: "We are delighted to welcome Beth to our executive team. She is an experienced and respected leader in our industry. Her breadth of experience at Pioneer, including leadership roles in engineering, planning and marketing that spanned both the Permian Basin and Eagle Ford, make her an ideal addition to our team. I look forward to working with Beth to continue our success in Texas and to apply our strengths as a technical l
DENVER, Aug. 7, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today reported operating and financial results for the second quarter 2024, provided certain full year and third quarter 2024 guidance, and announced that the Company has exercised its option to acquire assets located adjacent to its recently announced XCL Acquisition. Excellent operational execution supported strong second quarter results including: Net production was 14.4 MMBoe, or 158.5 MBoe/d, at 46% oil or 72.7 MBbls/d, which exceeded guidance. Higher than expected oil production and total production were driven largely by better than expected performance from Midland Basin wells and higher than expected oi
HIGHLIGHTS NOG and SM Energy Company ("SM") exercised option to jointly acquire additional Uinta Basin assets adjacent to the XCL Resources, LLC asset acquisition, which were previously owned by Altamont Energy LLC (the "Altamont Assets") NOG to acquire a 20% undivided stake in the Altamont Assets (the "Acquired Assets") for an unadjusted purchase price of $17.5 million in cash (all data below is net to NOG) Expands Uinta footprint by ~6,500 net acres, located primarily in Duchesne and Uintah Counties, UT Transaction to close simultaneously with the close of the XCL asset acquisition NOG's total Uinta net acreage to increase to ~15,800 with ~116 net underwritten undeveloped l
SC 13G/A - SM Energy Co (0000893538) (Subject)
SC 13G/A - NORTHERN OIL & GAS, INC. (0001104485) (Subject)
SC 13G/A - NORTHERN OIL & GAS, INC. (0001104485) (Subject)
DENVER, Sept. 9, 2024 /PRNewswire/ -- SM Energy Company (NYSE:SM) today announced that it has appointed Beth McDonald as its Executive Vice President and Chief Operating Officer, effective as of September 9, 2024. President and Chief Executive Officer Herb Vogel comments: "We are delighted to welcome Beth to our executive team. She is an experienced and respected leader in our industry. Her breadth of experience at Pioneer, including leadership roles in engineering, planning and marketing that spanned both the Permian Basin and Eagle Ford, make her an ideal addition to our team. I look forward to working with Beth to continue our success in Texas and to apply our strengths as a technical l
DENVER, Feb. 21, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that Barton R. Brookman has been appointed to serve as an independent director and as a member of the Audit Committee and the Environmental, Social and Governance Committee of the Board of Directors (the "Board"). Julio Quintana, Chairman of the Board, comments: "Bart's background and experience will provide valuable expertise to the SM Energy Board. Bart brings an extensive background in the upstream industry. We welcome Bart and look forward to his advice and insight." Mr. Brookman previously served as President and Chief Executive Officer of PDC Energy, Inc. ("PDC") from January 2015 until P
DENVER, Nov. 24, 2021 /PRNewswire/ -- SM Energy Company (NYSE:SM) today announces that Anita M. Powers has been appointed to serve as a director of the Company. Ms. Powers will serve as an independent director and as a member of the Audit Committee and the Compensation Committee of the Board of Directors. Bill Sullivan, Chairman of the Board, comments, "Anita's background and experience will provide valuable expertise to the SM Energy Board. She brings more than 35 years of industry experience in the geosciences along with specific knowledge of the Permian Basin. We welcome Anita and look forward to her insight and counsel." Ms. Powers retired from Occidental Petroleum Corporation in 2016, w
4 - SM Energy Co (0000893538) (Issuer)
3 - SM Energy Co (0000893538) (Issuer)
4 - NORTHERN OIL & GAS, INC. (0001104485) (Issuer)
Tudor, Pickering, Holt & Co. upgraded SM Energy from Hold to Buy
Truist initiated coverage of SM Energy with a rating of Hold and set a new price target of $51.00
Stephens initiated coverage of SM Energy with a rating of Overweight and set a new price target of $63.00
In the preceding three months, 7 analysts have released ratings for Northern Oil & Gas (NYSE:NOG), presenting a wide array of perspectives from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 5 1 1 0 0 Last 30D 1 0 0 0 0 1M Ago 1 1 0 0 0 2M Ago 1 0 0 0 0 3M Ago 2 0 1 0 0 Insights from analysts' 12-month price targets are revealed, presenting an average target of $49.43, a high estimate of $56.00, and a low estimate of $43.00. Experiencing a 2.12% decline, the cu
Truist Securities analyst Neal Dingmann maintains SM Energy (NYSE:SM) with a Hold and lowers the price target from $49 to $46.
Truist Securities analyst Neal Dingmann maintains Northern Oil & Gas (NYSE:NOG) with a Buy and lowers the price target from $57 to $54.
8-K - SM Energy Co (0000893538) (Filer)
8-K - SM Energy Co (0000893538) (Filer)
8-K - SM Energy Co (0000893538) (Filer)
DENVER, Aug. 7, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today reported operating and financial results for the second quarter 2024, provided certain full year and third quarter 2024 guidance, and announced that the Company has exercised its option to acquire assets located adjacent to its recently announced XCL Acquisition. Excellent operational execution supported strong second quarter results including: Net production was 14.4 MMBoe, or 158.5 MBoe/d, at 46% oil or 72.7 MBbls/d, which exceeded guidance. Higher than expected oil production and total production were driven largely by better than expected performance from Midland Basin wells and higher than expected oi
HIGHLIGHTS NOG and SM Energy Company ("SM") exercised option to jointly acquire additional Uinta Basin assets adjacent to the XCL Resources, LLC asset acquisition, which were previously owned by Altamont Energy LLC (the "Altamont Assets") NOG to acquire a 20% undivided stake in the Altamont Assets (the "Acquired Assets") for an unadjusted purchase price of $17.5 million in cash (all data below is net to NOG) Expands Uinta footprint by ~6,500 net acres, located primarily in Duchesne and Uintah Counties, UT Transaction to close simultaneously with the close of the XCL asset acquisition NOG's total Uinta net acreage to increase to ~15,800 with ~116 net underwritten undeveloped l
Northern Oil and Gas, Inc. (NYSE:NOG) ("NOG" or the "Company") today announced that its Board of Directors has declared a cash dividend on the Company's common stock. DIVIDEND DECLARATION NOG's Board of Directors has declared a cash dividend in the amount of $0.42 per share, representing an 11% increase year-over-year and 5% sequential increase from the prior quarterly dividend. The dividend is payable on October 31, 2024, to stockholders of record as of the close of business on September 27, 2024. FUTURE DIVIDEND PLANS The Company continues to anticipate reviewing and setting dividend policy during the first fiscal quarter of each year, with the potential for interim modifications