SM Energy Company

SM Energy Company today announced that it has commenced cash tender offers to purchase  any and all of its outstanding 6.500% Senior Notes due 2023 , and  up to an aggregate principal amount not to exceed $85,000,000, of its 6.125% Senior Notes due 2022, subject to the terms and conditions set forth in the Offer to Purchase and Consent SolicAnd Up To $85 Million Aggregate Principal Amount Of Its 6.125% Senior Notes Due [...]

DENVER, Aug. 6, 2018 /PRNewswire/ -- SM Energy Company announced today that it intends, subject to market and other conditions, to offer $500.0 million in aggregate principal amount of a series of senior unsecured notes due 2027 . SM Energy intends to use the net proceeds from the offering to fund the consideration payable in its announced cash tender offer to purchase any and all of its 6.500% Senior Notes due 2023 and [...]

Outstanding Execution Continues Production Up, Leverage Down DENVER, Aug. 1, 2018 /PRNewswire/ -- SM Energy Company today announced financial and operating results for the second quarter of 2018. Highlights include: RockStar wells continue to produce best in class results. Spackler Wolfcamp A sets SM record as its top performing Midland Basin well to-date with a peak 30-day IP rate of 2,324 Boe/d. 24 new RockStar wells [...]

DENVER, July 19, 2018 /PRNewswire/ -- SM Energy Company today announced certain operating results for the second quarter of 2018 including production, realized pricing and total capital spend. Highlights include: 10.5 MMBoe total production and 42% oil in the commodity mix 14% sequential and 117% year-over-year growth in Midland Basin production from retained assets $38.40 per Boe average realized price , highest level in [...]

DENVER, June 25, 2018 /PRNewswire/ -- SM Energy Company today provides operational updates for the second quarter of 2018 and raises expected production guidance. President and Chief Executive Officer Jay Ottoson comments: "Our production volumes for the second quarter will be higher than we anticipated due to better than expected well performance.   We could not be more pleased with the high caliber operational execution [...]

DENVER, June 14, 2018 /PRNewswire/ -- SM Energy Company today announced that it will redeem the entire outstanding principal amount of its 6.50% Senior Notes due 2021 . The redemption date for the Notes is expected to be July 16, 2018. The aggregate principal amount of the Notes outstanding is $344.6 million. The redemption price for the Notes will be approximately $1,021.67 per $1,000 principal amount of the Notes [...]

DENVER, May 31, 2018 /PRNewswire/ --  SM Energy Company announced today that it closed the previously announced sales of its remaining assets in the Williston Basin located in Divide County, North Dakota, and third-party operated assets known as Halff East located in Upton County, Texas, for an aggregate of $292.3 million. After taking into account the January 1, 2018 effective date for each transaction, the net cash [...]

OUTSTANDING EXECUTION CONTINUES DENVER, May 3, 2018 /PRNewswire/ -- SM Energy Company today announced financial and operating results for the first quarter of 2018. Highlights include: New wells outperforming expectations. 19 new RockStar wells reached peak 30-day IP rates that averaged 1,440 Boe/d per well Production exceeded guidance range. 113 MBoe/d average production, 42% oil. Midland Basin production was up 18 [...]

DENVER, April 17, 2018 /PRNewswire/ -- SM Energy Company today announced certain operating results for the first quarter of 2018 including production, realized pricing and total capital spend. Highlights include: 10.14 MMBoe total production, exceeding the high end of guidance 42% oil production in the commodity mix 18% sequential and 100% year-over-year growth in Midland Basin production $37.76 per Boe average realized [...]

DENVER, April 4, 2018 /PRNewswire/ -- SM Energy Company today announced that it has entered into two definitive agreements, one for the sale of the Company's remaining assets in the Williston Basin located in Divide County, North Dakota, and one for the sale of its third-party operated assets known as Halff East located in Upton County, Texas for combined proceeds of $292.3 million . The buyers are not disclosed [...]