SM Energy
Posted: Tue Oct 11, 2016 6:12 pm
From Raymond James:
Highlighted Catalysts (high-magnitude events expected within the next month)
"SM Energy is shopping its Eagle Ford non-operated asset (Anadarko-operated) as well as its Raven/Bear Den asset in the Williston Basin as the operator continues to core up its portfolio."
If they get good prices for these assets and have a good Q3 report, I expect SM to make a nice move into year-end. The stock is one of the best values in the Sweet 16.
Highlighted Catalysts (high-magnitude events expected within the next month)
"SM Energy is shopping its Eagle Ford non-operated asset (Anadarko-operated) as well as its Raven/Bear Den asset in the Williston Basin as the operator continues to core up its portfolio."
If they get good prices for these assets and have a good Q3 report, I expect SM to make a nice move into year-end. The stock is one of the best values in the Sweet 16.