SM 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.
EnerCom to hold a conference The Oil & Gas Conference is being held in Denver, Colorado on August 16-20 with webcasted company presentations to begin on August 18 at 10:00 am; not all company presentations may be webcasted. Webcast Link