SM Energy (SM +4.5%) gains after beating Q4 estimates late yesterday on better-than-expected...

|About: SM Energy Company (SM)|By:, SA News Editor

SM Energy (SM +4.5%) gains after beating Q4 estimates late yesterday on better-than-expected revenue. BMO Capital raises its valuation estimate by about 10% on the report, saying it believes the company will beat FY12 guidance, and it continues to tout the stock as one of its top picks.