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SM Energy Co (SM.N)

SM.N on New York Stock Exchange

20.08USD
23 Feb 2018
Change (% chg)

$0.77 (+3.99%)
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Latest Key Developments (Source: Significant Developments)

SM Energy Announces Agreement To Sell 112,200 Acre Leasehold In The Powder River Basin For $500 Million
Wednesday, 10 Jan 2018 

Jan 9 (Reuters) - Sm Energy Co ::SM ENERGY CO - DEAL FOR $500 MILLION.PRESS RELEASE - SM ENERGY ANNOUNCES AGREEMENT TO SELL 112,200 ACRE LEASEHOLD IN THE POWDER RIVER BASIN FOR $500 MILLION.SM ENERGY CO - ASSETS TO BE SOLD HAD NET PRODUCTION AS OF DECEMBER 2017 OF APPROXIMATELY 2,200 BOE/D.  Full Article

SM Energy Q3 loss per share $0.80
Friday, 3 Nov 2017 

Nov 2 (Reuters) - SM Energy Co : :SM Energy reports third quarter 2017 results.Q3 adjusted loss per share $0.25.Q3 loss per share $0.80.Q3 earnings per share view $-0.31 -- Thomson Reuters I/B/E/S.SM Energy Co - ‍Q3 production totaled 10.7 mmboe, comprised of 32% oil, 45% natural gas and 23% ngls​.SM Energy Co sees ‍total production of 44.2 to 44.6 mmboe for 2017​.SM Energy Co qtrly ‍total operating revenues and other income was $295.4 million versus $352.7 million.  Full Article

SM Energy announces plans to further core-up portfolio with the sale of Divide County assets
Wednesday, 11 Jan 2017 

SM Energy Co : SM Energy announces plans to further core-up portfolio with the sale of divide county assets . SM Energy Co - assuming an acceptable offer is received, company expects to close sale transaction around mid-year of 2017 .SM Energy Co - has engaged Tudor, pickering, holt & co. To run a formal bid process for sale of company's divide county area assets in Williston basin.  Full Article

SM Energy announces additional asset divestitures
Monday, 3 Oct 2016 

SM Energy Co : Has engaged Petrie Partners to explore a sale of certain leasehold assets in Williston Basin . Separately, company has closed on previously announced divestitures of assets located in New Mexico, North Dakota, Montana, and Wyoming . Closure for net proceeds after purchase price adjustments and fees of approximately $186.7 million . Assets to be sold include about 54,500 net acres and all lease-holdings in basin outside of company's divide county program .SM Energy announces additional asset divestitures.  Full Article

Sm Energy declares semi-annual cash dividend
Saturday, 24 Sep 2016 

Sm Energy Co : Board of directors has approved a semi-annual cash dividend of $0.05 per share of common stock .Declares semi annual cash dividend.  Full Article

SM energy says offering 15 mln common shares
Monday, 8 Aug 2016 

SM Energy Co : SM Energy announces public offering of common stock . Says offering 15.0 million common shares .SM Energy intends to use net proceeds from offering to pay a portion of purchase price for its recently announced acquisition.  Full Article

SM Energy announces offering of $100 mln of senior convertible notes
Monday, 8 Aug 2016 

Sm Energy Co : SM Energy announces offering of $100 million of senior convertible notes due 2021 . SM Energy Co says notes will mature on July 1, 2021 . Notes expected to pay interest semi-annually, will be convertible into cash, shares of common stock or a combination of cash and shares .In connection with pricing, expects to enter into privately negotiated capped call transactions with one or more of underwriters.  Full Article

BRIEF-SM Energy announces acquisition in Permian Basin
Monday, 8 Aug 2016 

Corrects headline to "... announces acquisition in Permian Basin", from "... to acquire Permian Basin".SM Energy Co : SM Energy announces Permian Basin acquisition . Seller is Rock Oil Holdings LLC . Purchase price is $980 million . Company said that it is increasing its estimate of total capital spend for 2016 by approximately $15-20 million .Anticipate running one rig in Permian Basin in Q4 of 2016 and two rigs throughout 2017.  Full Article

SM Energy to acquire Permian Basin from Rock Oil Holdings
Monday, 8 Aug 2016 

Sm Energy Co : SM energy announces Permian Basin acquisition . Seller is Rock Oil Holdings LLC . Purchase price is $980 million . Company said that it is increasing its estimate of total capital spend for 2016 by approximately $15-20 million .Anticipate running one rig in Permian Basin in Q4 of 2016 and two rigs throughout 2017.  Full Article

SM Energy reports Q2 loss per share $2.48
Wednesday, 3 Aug 2016 

Sm Energy Co : SM Energy reports second quarter of 2016 results . Q2 GAAP loss per share $2.48 . Q2 earnings per share view $-0.68 -- Thomson Reuters I/B/E/S . Q2 adjusted loss per share $0.44 . SM Energy Co says during second half of 2016, company plans to drill approximately 30 net wells and complete approximately 65 net wells . SM Energy Co says total capital spend guidance for 2016 was reduced to approximately $670 million from approximately $705 million . Q2 revenue view $344.6 million -- Thomson Reuters I/B/E/S . SM Energy Co says Q2 production of 14.3 mmboe exceeded plan by approximately 1 mmboe . SM Energy Co sees 2016 total production 53 mmboe to 57 mmboe .Qtrly total operating revenues and other income $341.8 million versus $516.2 million.  Full Article

BRIEF-SM Energy Q4 GAAP Loss Per Share $0.24

* SM ENERGY REPORTS 2017 RESULTS AND 2018 OPERATING PLAN: PERMIAN EXECUTION OUTSTANDING, CASH FLOW GROWTH AHEAD