SM Energy: High Leverage And Weak Liquidity Leaves Them Vulnerable To Coronavirus Selloff
SM Energy: High Leverage And Weak Liquidity Leaves Them Vulnerable To Coronavirus Selloff 3Given the likelihood that the tough operating conditions in the oil and gas industry are set to continue, it is particularly important to consider the financial position of SM Energy. Despite divesting assets and raising equity, their net debt and leverage has continued to climb to concerning levels. Unfortunately their liquidity is also weak …
News story posted on 2020-02-27T15:04:00.0000000Z