SM Energy Company (NYSE:SM) changed -0.84% to recent value of $3.54. The stock transacted 10025474 shares during most recent day however it has an average volume of 9.18M shares. It spotted trading -77.75% off 52-week high price. On the other end, the stock has been noted 293.33% away from the low price over the last 52-weeks.
On May 05, 2020, SM Energy Company (NYSE:SM) released an amendment to its existing Credit Agreement to increase the aggregate amount of second lien debt permitted thereunder. The Fourth Amendment to the Sixth Amended and Restated Credit Agreement provides that the Company is permitted to grant a second-lien security interest on up to $1.0 billion in aggregate amount, including the entire amount of its outstanding $172.5 million 1.500% Senior Convertible Notes due 2021.
ABOUT THE COMPANY
SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids in the state of Texas.
SM has a gross margin of 68.90% and an operating margin of -22.00% while its profit margin remained -26.30% for the last 12 months. Its earnings per share (EPS) expected to touch remained -137.10% for this year.
The company has 138.25M of outstanding shares and 105.64M shares were floated in the market. According to the most recent quarter its current ratio was 1.6 that represents company’s ability to meet its current financial obligations. The price moved ahead of 70.44% from the mean of 20 days, 35.11% from mean of 50 days SMA and performed -54.92% from mean of 200 days price. Company’s performance for the week was 87.30%, 170.23% for month and YTD performance remained -68.51%.