Stocks in Action: SM Energy Co. (NYSE:SM), EQT Corporation (NYSE:EQT), Whiting Petroleum Corp (NYSE:WLL)

Dallas, TX -- (SBWIRE) -- 03/08/2013 -- Marketbuzzreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

SM Energy Co. (NYSE:SM) shares jumped 3.86% and closed at $59.26 in the last trading session. BMO Capital Markets downgraded its rating on SM Energy on Feb. 25 from Outperform to Market Perform, and reiterated its $65.00 price target.

Additionally, the company, on Feb. 20, announced that the first quarter and fiscal 2013 production guidance of 59.5-62.5 BCFE and 225-267 BCFE, respectively.

Get Latest News, Updates on SM Here

EQT Corporation (NYSE:EQT) shares increased 3.73% and closed at $65.71. EQT Midstream Partners, LP (NYSE: EQM), an EQT Corporation company, and its subsidiary Equitrans, LP, last week announced the commencement of a non-binding open season to gauge customer interest in securing firm transmission and storage capacity on what will be known as the "Allegheny Valley Connector."

Additionally, the company, on Feb. 11, said it will begin trading ex-dividend on February 13, 2013. A cash dividend payment of $0.03 per share is scheduled to be paid on March 01, 2013. Shareholders who purchased EQT stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an -86.36% decrease from the prior quarter.

Is EQT a Strong Buying Opportunity After The Recent Slump? Find out Here

Whiting Petroleum Corp (NYSE:WLL) shares gained 3.66% to $50.39 after WLL’s stock was upgraded by analysts at Iberia Capital from a “sector perform” rating to an “outperform” rating in a research report issued to clients and investors on Mar. 6. The firm currently has a $58.00 price target on the stock, up from their previous price target of $47.00.

Additionally, the company posted its earnings results on Feb. 27. The company reported $0.83 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.74 by $0.09. The company had revenue of $577.10 million for the quarter, compared to the consensus estimate of $535.95 million.

Is WLL Signaling a Buy After The Sudden Gain? Don’t Miss Out Free Trend Analysis Here

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