SM Energy Company

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EXECUTION DRIVES PRODUCTION OUTPERFORMANCE; 1.4 MILLION SHARES REPURCHASED SM Energy Company today announced operating and financial results for the first quarter 2023 and provided certain second quarter 2023 guidance. Highlights include: Growing profitability. In the first quarter 2023, net income was $198.6 million, or $1.62 per diluted common share, up more than 300% compared with the prior year period. Adjusted net [...]

SM Energy Company today announces that it expects to release its first quarter 2023 financial and operating results after market hours on April 27, 2023. See schedule below: April 27, 2023 - After market close, the Company plans to issue its first quarter 2023 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the first quarter 2023 financial and operating results [...]

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 May 5, 2023, to stockholders of record as of the close of business on April 21, 2023. The Company currently has approximately 120.5 million shares of common stock outstanding, which reflects a reduction of approximately 1.4 million shares from the [...]

SM Energy Company today announced certain fourth quarter and full year 2022 operating and financial results, year-end 2022 estimated proved reserves and its 2023 operating plan. Highlights include: Substantial growth in profitability. Net income for the full year 2022 and fourth quarter 2022 was $1.11 billion and $258.5 million, or $8.96 and $2.09 per diluted common share, respectively. Adjusted net income for the full [...]

SM Energy Company today announces that it expects to release its fourth quarter and full year 2022 financial and operating results and 2023 operating plan after market on February 22, 2023. See schedule below: February 22, 2023 - After market close, the Company plans to issue its fourth quarter and full year 2022 financial and operating results and 2023 operating plan, which will include an earnings release, a [...]

SM Energy Company today announced the retirement of Executive Vice President and General Counsel David Copeland. Chief Executive Officer Herb Vogel comments: "David has been with our Company for 12 years and has served as a consummate legal advisor while providing dedicated leadership. We will miss David and wish him well as he is able to spend more time with his wife, children and grandchildren." The retirement of Mr [...]

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 February 6, 2023, to stockholders of record as of the close of business on January 20, 2023. The Company currently has approximately 121.9 million shares of common stock outstanding, which reflects a reduction of approximately 900,000 shares from the [...]

SM Energy Company today announced the retirement of Senior Vice President - Operations Newt Newton and Vice President - Human Resources Candace Lyon. Chief Executive Officer Herb Vogel comments: "Newt joined SM Energy in 2006, overseeing Midland Basin assets until 2020 when he assumed responsibility for Company-wide operations. He was a key player in greatly expanding the Company's Midland Basin asset position. He was [...]

SM Energy Company today announced operating and financial results for the third quarter 2022 and provided certain fourth quarter and full year 2022 guidance. Highlights include: Driving profitability. Net income in the third quarter and for the first nine months of 2022 was $481.2 million, or $3.87 per diluted common share, and $853.5 million, or $6.87 per diluted common share, respectively. Adjusted net income in the [...]