Aug 2, 2011
SM Energy (NYSE:SM) reported Q2 EPS of $0.91, ahead of consensus estimates of $0.53 per share. Revenues rose 78.5% year-over-year to $377.9 million, topping consensus estimates of $307.5 million.
SM Energy has a potential upside of 13.8% based on a current price of $75.56 and an average consensus analyst price target of $86.
SM Energy is currently above its 50-day moving average (MA) of $70.38 and above its 200-day of $63.32.
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