SM Energy (SM)

dan_s · Post by **dan_s** » Fri Dec 27, 2013 6:10 pm

An updated Net Income & Cash Flow Forecast has been posted under the Sweet 16 Tab.

I have increased my Fair Value Estimate to $150/share.
> I like the sale of their Anadarko Basin asset, which shores up the balance sheet
> Focus on Eagle Ford and Bakken improves their production mix
> I think their production guidance is very conservative. I expect at least the top end of the guidance.

Q1 revenues will get a big boost from increasing natural gas prices.