Why These Energy Stocks are Losing This Week

7. SM Energy Company (NYSE:SM)

Share Price Decline Between Feb. 14 – Feb. 24: 12.2%

SM Energy Company (NYSE:SM) is an independent energy company focused on the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the United States.

SM Energy Company (NYSE:SM) recently reported decent Q4 2024 results but its production was marginally lower than expected due to third-party crude takeaway issues in the Uinta Basin. The company’s Q4 revenue of $852.2 million was slightly above market expectations by around $2.8 million and its EPS came in at $1.91, just as analysts had anticipated.

The stock price of SM Energy Company (NYSE:SM) has declined by more than 20% over the last year, reaching a 52-week low of $33.08.