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77.00 USD  +2.06 (+2.75%)
Official Closing Price  /  Updated: 4:15 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(SM) Community Analysis from
April 17, 2014
(Stock Blog Hub, 2/28/10)
We are initiating coverage on St. Mary Land & Exploration (SM) with an Underperform recommendation and a target price of $30. Over the last few years, the company has been building...(read more)
(Stock Blog Hub, 2/24/10)
We recently initiated coverage on St. Mary Land & Exploration Co. (SM) with an Underperform recommendation and a target price of $30. St. Mary is...(read more)
St Mary’s Land and Exploration Grow reserves 17% in 2007 and five year average is 17% also. Production grew 16% in 2007 and 14% CAGR over last five years – 1 TCF of proved...(read more)
St. Mary Land (SM) Company Overview

St. Mary Land and Exploration (NYSE: SM) is an independent oil and natural gas company that explores for and produces oil and natural gas from land reserves in North America. St. Mary looks to focus on maximizing production from existing properties, shielding itself from risk by acquiring oil and gas properties that complement the company's existing operations rather than exploring new, high-risk areas.[1] St. Mary devotes more of its resources to developing its properties than any of its competitors, who have larger exploration budgets but are less focused on improving existing assets. St. Mary uses the capital it saves on exploration to hire teams of geologists, geophysicists and engineers with local expertise to focus on improving production in the locations where it has valuable reserves.

Headquartered in Denver, Colorado, St. Mary conducts operations in 5 key areas within the United States: The Rocky Mountains, ArkLaTex (Arkansas, Louisiana, and Texas), the Mid-Continent, the Permian Basin and the Gulf of Mexico. St. Mary's production revenues have grown in each of the past three years due to the increase in oil and gas prices, and its proven reserves have grown as well thanks to key low-cost acquisitions. Over the past 5 years SM has increased its oil and gas production by nearly 10% per year.

(Read more at Wikinvest )

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