Published on 29 May 2024 on Zacks via Yahoo Finance
SM Energy (SM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this independent oil and gas company have returned +1% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Oil and Gas - Exploration and Production - United States industry, to which SM Energy belongs, has lost 4.3% over this period. Now the key question is: Where could the stock be headed in the near term?