SM Energy Company

DENVER, Dec. 1, 2016 /PRNewswire/ -- SM Energy Company (NYSE: SM) announced today that the Company closed the previously announced divestiture of its Williston Basin assets located outside of Divide County, North Dakota to Oasis Petroleum North America LLC for $765.8 million of net cash proceeds, subject to customary post-closing purchase price adjustments. This divestiture had an effective date of October 1, 2016, and [...]

SM Energy Company (NYSE: SM) today announces that the Company will be participating in the following upcoming investor events. The Company will post an updated investor presentation on the dates and times referenced below on the Company's website at www.sm-energy.com: November 7-8, 2016 – Baird’s 2016 Global Industrial Conference. Executive Vice President and Chief Financial Officer Wade Pursell will present [...]

SM Energy Company (NYSE: SM) today announced financial results for the third quarter of 2016 and provided an operations update. In conjunction with this release, the Company posted an investor presentation on its website at www.sm-energy.com with additional third quarter results and operations detail. This presentation will be referenced during the earnings webcast and conference call scheduled for 8:00 a.m. Mountain Time [...]

SM Energy Company (NYSE: SM) expects to release its third quarter 2016 earnings and operating results after the close of trading on November 1, 2016. The Company will host a conference call and webcast to discuss results on November 2, 2016, at 8:00 a.m. Mountain time (10:00 a.m. Eastern time). The live and archived webcast, as well as the associated presentation, will be available on the Company’s website at [...]

SM Energy Company (NYSE: SM) today announced that it has entered into a definitive purchase agreement to acquire 35,700 net acres in Howard and Martin Counties in West Texas, expanding the Company’s Midland Basin footprint to approximately 82,450 net acres. The acquired acreage complements, and is partially contiguous to, the Company’s recently closed Howard County acreage acquisition and includes [...]

SM Energy Company (NYSE: SM) announced today that the Company closed the previously announced acquisition of 24,783 net acres in Howard County, Texas, from Rock Oil Holdings LLC for $980 million, before customary purchase price adjustments. The largely contiguous acreage position expands the Company’s Midland Basin footprint to approximately 46,750 net acres. The effective date of the transaction is September 1 [...]

SM Energy Company (“SM Energy”) (NYSE: SM) announced today that it has engaged Petrie Partners to explore a sale of certain leasehold assets in the Williston Basin. The assets to be sold include approximately 54,500 net acres, consisting of the Raven/Bear Den acreage and effectively all lease-holdings in the basin outside of the Company’s Divide County program. President and Chief Executive Officer Jay [...]

SM Energy Company today announces that its Board of Directors has approved a semi-annual cash dividend of $0.05 per share of common stock outstanding. The dividend will be paid on November 2, 2016, to stockholders of record as of the close of business on October 21, 2016. The Company currently has approximately 86.9 million shares of common stock outstanding. About the Company SM Energy Company is an independent energy [...]

SM Energy Company (“SM Energy”) (NYSE: SM) announced today that it has priced an offering of $500.0 million aggregate principal amount of its 6.75% senior unsecured notes due 2026 (the “Notes”). The Notes will be issued at par. The offering is expected to close on September 12, 2016, subject to customary closing conditions. SM Energy intends to use the net proceeds from the offering of the Notes to [...]

SM Energy Company (“SM Energy”) (NYSE: SM) 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 2026 (the “Notes”). SM Energy intends to use the net proceeds from the offering to pay a portion of the purchase price for its recently announced acquisition of all of the outstanding [...]