SM Energy Company (“SM Energy”) (NYSE: SM) announced today the closing of its previously announced public offering of $172,500,000 aggregate principal amount of its 1.50% senior unsecured convertible notes due 2021 (the “Notes”), which includes the full exercise by the underwriters of their option to purchase an additional $22,500,000 principal amount of Notes. Net proceeds from the sale of the [...]
SM Energy Company (NYSE: SM) today announces that the Company will be participating in several 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: August 16, 2016 – Enercom’s The Oil & Gas Conference 21. President and Chief Executive Officer Jay Ottoson will present at 3:10 PM MT on August 16 [...]
SM Energy Company (“SM Energy”) (NYSE: SM) announced today that it priced an upsized underwritten public offering of 16,000,000 shares of common stock for gross proceeds of approximately $480 million. The offering was upsized from the previously announced offering of 15,000,000 shares of common stock. SM Energy also granted the underwriters a 30-day option to purchase up to 2,400,000 additional shares of [...]
SM Energy Company (“SM Energy”) (NYSE: SM) announced today that it has priced an upsized offering of $150,000,000 aggregate principal amount of its 1.50% senior unsecured convertible notes due 2021 (the “Notes”). The offering was upsized from the previously announced offering of $100,000,000 aggregate principal amount of Notes. The Notes will be issued at par. SM Energy has also granted the [...]
NEW YORK, Aug. 8, 2016 /PRNewswire/ -- Riverstone Holdings LLC ("Riverstone") has announced today the signing of a definitive agreement pursuant to which Riverstone Global Energy and Power Fund V, L.P. ("Fund V") and minority partners have agreed to sell Rock Oil Holdings LLC ("Rock Oil" or the "Company"), a Houston- and Denver-based oil and gas company focused in the Permian Basin, to SM Energy Company (NYSE: SM, "SM [...]
SM Energy Company (NYSE: SM) announced today that it has commenced an underwritten public offering of 15,000,000 shares of its common stock. The Company expects to grant the underwriters in the offering a 30-day option to purchase up to 2,250,000 additional shares of common stock. 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 [...]
SM Energy Company (“SM Energy”) (NYSE: SM) announced today that it intends, subject to market and other conditions, to offer $100 million in aggregate principal amount of a series of senior unsecured convertible notes due 2021 (the “Notes”). SM Energy expects to grant the underwriters in the offering a 30-day option to purchase up to an additional $15 million aggregate principal amount of the [...]
SM Energy Company (NYSE: SM) today announced that it has entered into a definitive purchase agreement to acquire 24,783 net acres in Howard County, West Texas, expanding the Company’s Midland Basin footprint to approximately 46,750 net acres. The acquired acreage position is largely contiguous and includes approximately 4,900 Boe per day net production (with two new wells coming on-line August 2016) and 6 MMBoe of [...]
SM Energy Company (NYSE: SM) today announced financial results for the second 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 second quarter results and operations detail. This presentation will be referenced during the earnings webcast and conference call scheduled for 8:00 a.m. Mountain [...]
SM Energy Company (NYSE: SM) today announced that it has entered into definitive agreements for the sale of two separate packages of non-core assets for a combined price of $172.5 million. The transactions are expected to close late in the third quarter of 2016 with expected cash proceeds subject to customary purchase price adjustments. The closings of these transactions are subject to the satisfaction of customary [...]
SM Energy Company (NYSE: SM) expects to release its second quarter 2016 earnings and operating results after the close of trading on August 2, 2016. The Company will host a conference call and webcast to discuss results on August 3, 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 [...]
DENVER, CO--(Marketwired - Jun 7, 2016) - EnerCom, Inc. will host The Oil & Gas Conference® 21 on August 14-18, 2016, in Denver at the Westin Denver Downtown. Investment and oil and gas professionals can register for the event through the conference website. Conference Details: The Oil & Gas Conference® 21 offers investment professionals the opportunity to listen to senior management teams present operational [...]