This energy stock nearly doubled in 2026. It still has more room to run, Raymond James says

SM Energy is expected to benefit from higher oil prices after the resolution of the Iran war, with Raymond James saying the stock should move higher. The note is constructive for the name, but it is an analyst view tied to macro oil moves rather than a company-specific operating update. Impact is likely limited to the shares and broader E&P sentiment.

Analysis

SM Energy is expected to benefit from higher oil prices after the resolution of the Iran war, with Raymond James saying the stock should move higher. The note is constructive for the name, but it is an analyst view tied to macro oil moves rather than a company-specific operating update. Impact is likely limited to the shares and broader E&P sentiment.