Shares of SM Energy Company (SM) Sees Large Outflow of Money

SM Energy Company (SM) : The total money flow in SM Energy Company (SM) was negative ($1.34 million), showing the domination of sellers in the Monday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $8.26 million. Transactions on upticks were comparatively lower at $6.92 million. The uptick to downtick ratio was 0.84. The total block trades on downticks were valued at $0.76 million. The money flow during block trades was negative ($0.76 million) when the stock traded with a gain of $199 cent. SM Energy Company (SM) was $34.62, an increase of 6.11% over the previous days close.


Shares of SM Energy Company rose by 12.14% in the last five trading days and 31.58% for the last 4 weeks. SM Energy Company is up 20.56% in the last 3-month period. Year-to-Date the stock performance stands at 77.51%.

SM Energy Company (NYSE:SM): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.43 and $33.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $35.01. The buying momentum continued till the end and the stock did not give up its gains. It closed at $34.83, notching a gain of 6.74% for the day. The total traded volume was 4,032,926 . The stock had closed at $32.63 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (EVP – Operations) of Sm Energy Co, Vogel Herbert S, had purchased 6,000 shares in a transaction dated on February 26, 2016. The transaction was executed at $8.64 per share with total amount equaling $51,840.

SM Energy Company is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of crude oil and condensate, natural gas, and natural gas liquids in onshore North America. Its operations are carried in four onshore operating areas in the United States: South Texas & Gulf Coast Region, which is managed from its office in Houston, Texas and has both operated and non-operated Eagle Ford shale programs; Rocky Mountain Region, which the Company operates from its office in Billings, Montana and focuses on the development and growth through acquisition of assets targeting the Bakken/Three Forks formations; Permian Region, which is managed from the Companys office in Midland, Texas and covers western Texas and southeastern New Mexico, and Mid-Continent Region, which is managed from the Companys office in Tulsa, Oklahoma and the Mid-Continent Region consists of its Haynesville and Woodford Shale assets.

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