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 May 31, 2016, at 5:00 PM MT on the Company's website at www.sm-energy.com: June 1-2, 2016 – BMO Capital Markets Global Energy Invitational. President and Chief Executive Officer Jay Ottoson will meet with investors in a 1x1 setting. June [...]
SM Energy Company (NYSE: SM) today announced financial results for the first 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 first 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) today announced that the Company and its lenders have amended the senior secured credit facility, which matures in 2019. Key components of the amendment include: As part of the regular semi-annual redetermination process, the lenders determined the borrowing base and aggregate commitment amount to be $1.25 billion, consistent with the Company’s expectations and previous public [...]
SM Energy 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 May 4, 2016, to stockholders of record as of the close of business on April 22, 2016. The Company currently has approximately 68.1 million shares of common stock outstanding. SM Energy Company is an independent energy company engaged in the acquisition [...]
SM Energy Company (NYSE: SM) today announces that the Company will participate in the following upcoming investor event: March 21, 2016 – Scotia Howard Weil 2016 Energy Conference. President and Chief Executive Officer Jay Ottoson will present at 2:05 PM Central Time. This event will not be webcast. Executive Vice President and Chief Financial Officer Wade Pursell and Senior Director Investor Relations Jennifer [...]
SM Energy Company ("SM Energy" or the “Company”) (NYSE: SM) announces today fourth quarter and full year 2015 financial and operating results, year-end 2015 reserves and the Company’s 2016 operating plan. Highlights include: Proved reserves: 471 MMBoe at year-end 2015, including +208 MMBoe additions and revisions driven by well performance and successful resource expansion in the Eagle Ford and [...]
SM Energy Company (NYSE: SM) is scheduled to release fourth quarter and full year 2015 earnings and operating results after the close of trading on February 23, 2016. The Company will host a conference call and webcast to discuss results on February 24, 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 [...]
SM Energy Company (NYSE:SM) announces today certain year-end 2015 results with highlights that include: 64.2 MMBoe full year production, at the high end of guidance range and up 21% year-over-year adjusted for Mid-Continent natural gas assets sold 14.9 MMBoe fourth quarter production; oil component increased sequentially to 29% Better positioned for 2017 with sizable increase in natural gas hedges at an average price of [...]
SM Energy Company (NYSE: SM) today announces that the Company will be participating in the following upcoming investor events: November 11, 2015 – Jefferies 2015 Energy Conference. President and Chief Executive Officer Jay Ottoson will present at 11:00 AM CT. This event will be webcast. The Company will reference its November investor presentation, posted to the Company’s website at www.sm-energy.com [...]
SM Energy Company (NYSE: SM) announces its financial results for the third quarter of 2015 and provides an operations update. In conjunction with this release, the Company posted an investor presentation with additional third quarter earnings and operations detail to the Company's website at www.sm-energy.com. This presentation will be referenced during the conference call scheduled for 8:00 a.m. Mountain Time (10:00 a.m [...]
SM Energy Company (NYSE: SM) is scheduled to release third quarter of 2015 earnings and operating results after the close of trading on October 27, 2015. The Company will host a conference call and webcast to discuss results on October 28, 2015 at 8:00 a.m. Mountain time (10:00 a.m. Eastern time). The live and archived webcast will be available on the Company’s website at www.sm-energy.com. To join by telephone live [...]
SM Energy Company (NYSE: SM) announces that it has completed the semi-annual redetermination of its borrowing base under its senior secured revolving credit facility. The borrowing base was reduced to $2.0 billion from $2.4 billion. This expected reduction was primarily the result of the Company’s sale of Mid-Continent assets for approximately $324 million, completed in the second quarter of 2015, plus adjustments [...]