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Stock Market & Financial Investment News

News Breaks
February 20, 2014
07:46 EDTSMSM Energy weakness a buying opportunity, says RW Baird
Baird would be buyers of SM Energy on yesterday's weakness citing its steepest NAV discount in their coverage group. The firm lowered its Eagle Ford expectations but raised its Bakken EUR's and noted the company's balance sheet strength which can be used to pursue acquisitions. Shares remain Outperform rated wit a $100 price target.
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September 29, 2014
17:45 EDTSMSM Energy announces retirement of CEO Anthony Best, names Ottoson as new CEO
SM Energy announced that Anthony Best will retire from his role as the companyís CEO on January 31, 2015. In conjunction with this previously announced leadership transition, the board appointed Javan Ottoson, currently president and COO, to the board effective as of September 26, and intends to appoint Ottoson as the companyís CEO upon Bestís retirement.
September 17, 2014
07:22 EDTSMSM Energy price target raised to $110 from $95 at Stifel
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