5 Cash-Rich Small Cap Stocks To Invest In

2. SM Energy Company (NYSE:SM)

Number of Hedge Fund Investors During Q3 2023: 34

Cash & Equivalents: $444 million

SM Energy Company (NYSE:SM) is an American oil and gas exploration and production company headquartered in Denver, Colorado. The firm has beaten analyst EPS estimates in all four of its latest quarters and the shares are rated Buy on average.

As of September 2023 end, 34 out of the 910 hedge funds tracked by Insider Monkey’s database had bought a stake in the company. SM Energy Company (NYSE:SM)’s biggest shareholder in our database is Israel Englander’s Millennium Management through its $89.6 million investment.

Follow Sm Energy Co (NYSE:SM)