This Oil Stock Is Quietly Becoming a Lean, Mean Growth Machine

SM Energy (NYSE: SM)has undergone a dramatic transformation over the past two years. In 2016, the company controlled drillable land in the Eagle Ford, Bakken shale, Powder River Basin, and Permian Basin, as well as several other areas in between. However, a string of transactions the company has made since then has narrowed its focus to the Eagle Ford and Permian Basin while also vastly improving its balance sheet.

As a result, the company is now in the position to grow production and cash flow at a rapid pace over the next few years.