It sure is fun to watch the price action of SM Energy today.I don't pretend to understand the reason but possibly a short covering rally?
Hope this happens w/ others.
possible short covering rally
Re: possible short covering rally
A couple weeks ago I got all over SM's Investor Relations manager, telling them they needed to hit the road and tell their story. This company's share price is crazy.
It looks like they took my advice.
SM Energy announced that the Company will be participating in the following upcoming investor events:
• February 25, 2016 – 21st Annual Credit Suisse Energy Summit. Executive Vice President and Chief Financial Officer Wade Pursell will present at 7:25 a.m. MT. This event will be webcast.
• March 3, 2016 – Simmons Sixteenth Annual Energy Conference. President and Chief Executive Officer Jay Ottoson will be meeting with investors in a 1x1 setting.
• March 9, 2016 – Raymond James 37th Annual Institutional Investors Conference. Executive Vice President and Chief Financial Officer Wade Pursell will present at 11:35 a.m. ET. This event will be webcast.
A presentation for these events will be posted on the Company’s website at www.sm-energy.com on February 24.
I also think SM is a PRIME takeover target and we are now entering M&A season.
It looks like they took my advice.
SM Energy announced that the Company will be participating in the following upcoming investor events:
• February 25, 2016 – 21st Annual Credit Suisse Energy Summit. Executive Vice President and Chief Financial Officer Wade Pursell will present at 7:25 a.m. MT. This event will be webcast.
• March 3, 2016 – Simmons Sixteenth Annual Energy Conference. President and Chief Executive Officer Jay Ottoson will be meeting with investors in a 1x1 setting.
• March 9, 2016 – Raymond James 37th Annual Institutional Investors Conference. Executive Vice President and Chief Financial Officer Wade Pursell will present at 11:35 a.m. ET. This event will be webcast.
A presentation for these events will be posted on the Company’s website at www.sm-energy.com on February 24.
I also think SM is a PRIME takeover target and we are now entering M&A season.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group
Re: possible short covering rally
SM must have given an impressive presentation today. Nice move on high volume.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group