DENVER, March 29, 2022 /PRNewswire/ -- SM Energy Company today announces that its Board of Directors approved a semi-annual cash dividend of $0.01 per share of common stock outstanding. The dividend will be paid on May 6, 2022, to stockholders of record as of the close of business on April 22, 2022. The Company currently has approximately 121.9 million shares of common stock outstanding. ABOUT THE COMPANY [...]
DENVER, Feb. 24, 2022 /PRNewswire/ -- SM Energy Company today announced certain fourth quarter and full year 2021 operating and financial results, year-end 2021 estimated proved reserves and its 2022 operating plan. Highlights include: Proved reserves growth. Estimated proved reserves at year-end 2021 totaled 492 MMBoe, up 22% from year-end 2020 driven predominantly by reserve additions and performance revisions [...]
SM Energy Company today announces that it expects to release its fourth quarter and full year 2021 financial and operating results and 2022 operating plan after market on February 24, 2022. See schedule below: February 24, 2022 - After market close, the Company plans to issue its fourth quarter and full year 2021 financial and operating results and 2022 operating plan, which will include an earnings release, a [...]
SM Energy Company today announces that targets have been set to reduce Scope 1 and 2 emissions, further demonstrating the Company's commitment to environmental stewardship. Specifically, SM Energy announces the following targets: zero routine flaring at all SM Energy operations and non-routine flaring not to exceed 1% of natural gas production, each by 2023 based on the full year average; a 50% reduction in Scope 1 and 2 [...]
SM Energy Company today announces that Anita M. Powers has been appointed to serve as a director of the Company. Ms. Powers will serve as an independent director and as a member of the Audit Committee and the Compensation Committee of the Board of Directors. Bill Sullivan, Chairman of the Board, comments, "Anita's background and experience will provide valuable expertise to the SM Energy Board. She brings more than 35 [...]
SM Energy Company today announced operating and financial results for the third quarter 2021 and provided certain fourth quarter and updated full year 2021 guidance. Third quarter 2021 highlights: Production was 14.3 MMBoe and was 56% oil. Production volumes exceeded expectations, benefiting from higher base production, reduced flaring and the effect of larger fracture stimulations in the Midland Basin and the successful [...]
SM Energy Company today announces that it expects to release its third quarter 2021 financial and operating results after market on October 28, 2021. See schedule below: October 28, 2021 - After market close, the Company plans to issue its third quarter 2021 earnings release, a pre-recorded webcast discussion of the third quarter 2021 financial and operating results, and an associated presentation, all of which will be [...]
SM Energy Company today announces that its Board of Directors approved a semi-annual cash dividend of $0.01 per share of common stock outstanding. The dividend will be paid on November 5, 2021, to stockholders of record as of the close of business on October 25, 2021. The Company currently has approximately 121.5 million shares of common stock outstanding. ABOUT THE COMPANY SM Energy Company is an independent energy [...]
SM Energy Company today announced the publication of its updated 2020 Sustainability Accounting Standards Board report for oil and gas exploration and production companies, as well as certain environmental, social and governance metrics relevant to understanding the Company's 2020 ESG performance. Please visit the Company's website at http://sm-energy.com/sustainability/ to find: a letter from Chief Executive Officer Herb [...]
SM Energy Company today announced operating and financial results for the second quarter 2021 and provided certain second half 2021 guidance. Second quarter 2021 highlights: Production was 12.4 MMBoe and was 54% oil. Production volumes exceeded expectations due to outperformance from new wells and base production in the Austin Chalk. Capital expenditures reflected continued capital efficiencies with costs remaining at [...]
SM Energy Company today announces that it expects to release its second quarter 2021 financial and operating results after market on July 29, 2021. See schedule below: July 29, 2021 - After market close, the Company plans to issue its second quarter 2021 earnings release, a pre-recorded webcast discussion of the second quarter 2021 financial and operating results, and an associated presentation, all of which will be [...]
SM Energy Company announced today the early results and upsizing of its previously announced tender offer to purchase any and all of its outstanding 6.125% Senior Notes due 2022 and a portion of its outstanding 5.000% Senior Notes due 2024 . SM Energy has amended the terms of the Offer for the 2024 Notes to increase the aggregate principal amount of 2024 Notes subject to the Offer from $130,000,000 to $172,265,000, which [...]