SM Energy Company (NYSE: SM) announced today early results for its previously announced tender offer and related consent solicitation commenced on May 7, 2015 for any and all of its 6.625% Senior Notes due 2019 (CUSIP 78454LAB6) (the €œNotes €). An aggregate of $242,922,000 principal amount of Notes, representing 69.41% of the Notes outstanding (the €œEarly Tendered Notes €), has been [...]
SM Energy Company (NYSE: SM) today announces that the Company will be participating in the following upcoming investor events: May 21, 2015 €“ UBS Global Oil and Gas Conference. Wade Pursell, Executive Vice President and Chief Financial Officer, will present at 10:35 AM Central Time. June 2, 2015 €“ RBC Capital Markets Global Energy and Power Executive Conference. Wade Pursell, Executive Vice [...]
SM Energy Company (NYSE: SM) will host a live webcast discussing technical aspects of the Company ™s Eagle Ford program. A video webcast to discuss these matters is scheduled for May 14, 2015 at 8:00 a.m. Mountain time (10:00 a.m. Eastern time) and can be accessed at the Company's website at www.sm-energy.com. A video recording of the webcast will be available at the Company ™s website through June 14, 2015. For [...]
SM Energy Company (NYSE: SM) today announces that it has priced an offering of $500,000,000 aggregate principal amount of its 5.625% senior unsecured notes due 2025 (the Notes ). The Notes will be issued at par. The offering is expected to close on May 21, 2015, subject to customary closing conditions. The company intends to use the net proceeds from the offering to fund the concurrent tender offer announced today to [...]
SM Energy Company (NYSE: SM) today announced that it has commenced a cash tender offer for any and all of the $350,000,000 in aggregate principal amount outstanding of its 6.625% Senior Notes due 2019 (CUSIP: 78454LAB6, the Notes ) and a related solicitation of consents (together, the Offer ) to certain proposed amendments to the indenture governing the Notes (the Consents ). The Offer will expire at 11:59 P.M., New York [...]
SM Energy Company (NYSE: SM) today announces that it intends, subject to market and other conditions, to offer $400,000,000 in aggregate principal amount of a series of senior unsecured notes due 2025 (the Notes ). SM Energy intends to use the net proceeds from the offering to fund the concurrent tender offer announced today to purchase any and all of its outstanding 6.625% Senior Notes due 2019, repay outstanding [...]
SM Energy Company (NYSE: SM) announces its financial results for the first quarter of 2015 and provides an operations update. In addition, a new presentation concerning the Company's first quarter earnings and operations update will be posted on 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. Eastern Time) on May [...]
SM Energy Company (NYSE: SM) announces that production for the first quarter of 2015 is expected to be 16.8 MMBOE, or 186.4 MBOE/d. This represents 6% sequential growth in average daily production from the fourth quarter of 2014, and exceeds the Company’s guidance. The Company also announces that the borrowing base under its senior secured revolving credit facility was maintained at $2.4 billion following its [...]
SM Energy Company (NYSE: SM) today announces that the Company will be participating in the following upcoming investor event: April 20, 2015 – IPAA OGIS New York. Jay Ottoson, President and CEO, will present at 11:15 AM Eastern time. SM Energy's presentation materials for this event will be available after market close on Friday April 17, 2015, on the Company's website at www.sm-energy.com. A link to the webcast [...]
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 May 6, 2015, to stockholders of record as of the close of business on April 24, 2015. The Company currently has approximately 67.5 million shares of common stock outstanding. The Company has paid cash dividends to its stockholders every year [...]
SM Energy Company (NYSE: SM) today announces that the Company will be participating in the following upcoming investor event: March 23, 2015 Scotia Howard Weil Energy Conference. Jay Ottoson, President and CEO, will present at 2:05 PM Central Time. SM Energy's presentation materials for this event will be available after market close on Friday, March 20, 2015, on the Company's website at www.sm-energy.com. ABOUT [...]
SM Energy Company (NYSE: SM) ("SM Energy" or the "Company") provides 2015 capital, production, and performance guidance, provides an update on the Company's operating activities, and reports financial results for the fourth quarter of 2014. In addition, a presentation regarding the aforementioned items has been posted on the Company's website at www.sm-energy.com. This presentation will be referenced during the conference [...]