SM Energy Company today announces that its Board of Directors approved the quarterly cash dividend of $0.18 per share of common stock outstanding. The dividend will be paid on May 3, 2024, to stockholders of record as of the close of business on April 19, 2024. ABOUT THE COMPANY SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural [...]
SM Energy Company today announces that Barton R. Brookman has been appointed to serve as an independent director and as a member of the Audit Committee and the Environmental, Social and Governance Committee of the Board of Directors . Julio Quintana, Chairman of the Board, comments: "Bart's background and experience will provide valuable expertise to the SM Energy Board. Bart brings an extensive background in the upstream [...]
SM Energy Company today announced certain fourth quarter and full year 2023 operating and financial results, year-end 2023 estimated net proved reserves and its 2024 operating plan. Highlights include: Excellent financial results and operational performance: Net income for the full year 2023 was $817.9 million, or $6.86 per diluted common share, and for the fourth quarter 2023 was $247.1 million, or $2.12 per diluted [...]
SM Energy Company today announced certain estimated 2023 results, including production, pricing, capital expenditures, return of capital and certain financial metrics. Highlights include: Production exceeded expectations. Production for the full year 2023 was 55.5 MMBoe or 152.0 MBoe/d, up 5% from 2022. Fourth quarter production was 14.1 MMBoe, or 153.5 MBoe/d, at 43% oil, which exceeded the high end of guidance. Capital [...]
SM Energy Company today announces that its Board of Directors approved the increased quarterly cash dividend of $0.18 per share of common stock outstanding. The dividend will be paid on February 5, 2024, to stockholders of record as of the close of business on January 19, 2024. ABOUT THE COMPANY SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude [...]
SM Energy Company today announced operating and financial results for the third quarter 2023 and provided certain full year and fourth quarter 2023 guidance. Highlights include: Increased capital returns to stockholders - The Company's Board of Directors approved a 20% increase in the fixed dividend policy, pursuant to which the Company intends to pay $0.72 per share annually, in quarterly increments of $0.18 per share [...]
SM Energy Company today announces that it expects to release its third quarter 2023 financial and operating results after market hours on November 2, 2023. See schedule below: November 2, 2023 - After market close, the Company plans to issue its third quarter 2023 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the third quarter 2023 financial and operating [...]
SM Energy Company today announces that its Board of Directors approved a quarterly cash dividend of $0.15 per share of common stock outstanding. The dividend will be paid on November 6, 2023, to stockholders of record as of the close of business on October 24, 2023. ABOUT THE COMPANY SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil [...]
Final Call for One-on-One Meeting Requests for all Companies by Institutional Investors, Portfolio Managers, Financial Analysts, CIOs, and Other Investment Industry Professionals. World Class Energy Companies to Present; Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website www.enercomdenver.com Investors, Analysts, and Energy Industry Professionals Can Still Register to [...]
SM Energy Company today announced operating and financial results for the second quarter 2023 and provided certain full year and third quarter 2023 guidance. Highlights include: Solid profitability. In the second quarter 2023, net income was $149.9 million, or $1.25 per diluted common share, down from $2.60 per diluted common share in the prior year period, predominantly due to lower commodity prices. Adjusted net income [...]
SM Energy Company today announced the publication of its updated environmental, social and governance materials, all of which are available on the Company's website at www.sm-energy.com/sustainability/. Updated publications include: Letter from our CEO to Stakeholders; Performance Highlights and Quick Reference Metrics, which reports 2022 data; 2023 Sustainability Accounting Standards Board Report, which reports 2022 [...]
Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website www.enercomdenver.com - Presenting Companies Continue to be Added Investor One-on-One Meeting Requests for All Companies Now Open for Institutional Investors, Portfolio Managers, Financial Analysts, CIOs, and Other Investment Industry Professionals Investors, Analysts, and Energy Industry Professionals Can Still Register [...]