SM Energy Company

SM Energy Company today announced that it has extended the expiration of its previously announced offers to all Eligible Holders to exchange any and all of its outstanding notes listed in the table below for newly issued senior secured notes listed in the table below , in each case upon the terms and subject to the conditions set forth in the confidential offering memorandum and consent solicitation statement, dated April [...]

DENVER, May 13, 2020 /PRNewswire/ -- SM Energy Company today announced that it has extended the date by which early tenders must be received for its previously announced offers to all Eligible Holders to exchange any and all of its outstanding notes listed in the table below for newly issued senior secured notes listed in the table below , in each case upon the terms and subject to the conditions set forth in the [...]

SM Energy Company today announced that it has amended certain terms of its previously announced offers to all Eligible Holders to exchange any and all of its outstanding notes for newly issued senior secured notes and solicitations of consents from holders of each series of Old Notes to certain proposed amendments to each indenture governing the Old Notes , in each case upon the terms and subject to the conditions set [...]

SM Energy Company today announced an amendment to its existing Credit Agreement to increase the aggregate amount of second lien debt permitted thereunder. The Fourth Amendment to the Sixth Amended and Restated Credit Agreement provides that the Company is permitted to grant a second-lien security interest on up to $1.0 billion in aggregate amount, including the entire amount of its outstanding $172.5 million 1.500% Senior [...]

SM Energy Company today announced that it has commenced offers to all Eligible Holders to exchange any and all of its outstanding notes listed in the table below for up to $900 million aggregate principal amount of newly issued senior secured notes maturing on the dates set forth below , in each case upon the terms and subject to the conditions set forth in the confidential offering memorandum and consent solicitation [...]

SM Energy Company today announced operating and financial results for the first quarter 2020 and provided updates to its 2020 operating plan. Highlights include: Production at the high end of prior guidance. First quarter 2020 production was 12.4 MMBoe at 51% oil, driven by continued growth in Midland Basin production. Significant cash flows. First quarter net cash provided by operating activities of $218.1 million before [...]

SM Energy Company today announces that it expects to release its first quarter 2020 financial and operating results after market on May 6, 2020. See schedule below: May 6, 2020 – After market close, the Company plans to release its first quarter 2020 financial and operating results. This will include the earnings release, a pre-recorded webcast discussing first quarter 2020 financial and operating results, and an [...]

SM Energy Company today announces that its Board of Directors has approved a semi-annual cash dividend of $0.01 per share of common stock outstanding. The dividend reflects a reduction for the current period consistent with the Company's priority to manage cash flow in light of the unprecedented and volatile market conditions. The dividend will be paid on May 8, 2020, to stockholders of record as of the close of business [...]

SM Energy Company today announced operating and financial results for the fourth quarter and full year 2019, year-end reserves and the 2020 operating plan. Highlights include: 2019 Results: Production beat. Fourth quarter 2019 production was 12.8 MMBoe at 48% oil, which exceeded the midpoint of fourth quarter guidance by 5% and was driven by 13% sequential growth in Midland Basin production. Full year 2019 production was [...]

SM Energy Company today announces that it expects to release its fourth quarter and full year 2019 financial and operating results and 2020 operating plan after market on February 19, 2020. See schedule below: February 19, 2020 – After market close, the Company plans to release its fourth quarter and full year 2019 financial and operating results and 2020 operating plan. This will include the earnings release, a [...]