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SM Energy Co (SM.N)

SM.N on New York Stock Exchange

26.64USD
18 May 2018
Change (% chg)

$0.14 (+0.53%)
Prev Close
$26.50
Open
$26.48
Day's High
$26.69
Day's Low
$26.15
Volume
429,952
Avg. Vol
870,995
52-wk High
$28.20
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$12.30

Latest Key Developments (Source: Significant Developments)

SM Energy Announces Agreements To Sell Additional Non Core Assets For $292 Mln
Wednesday, 4 Apr 2018 

April 4 (Reuters) - SM Energy Co ::CORE ASSETS FOR $292 MILLION, CORING UP AND BRINGING DOWN NET DEBT.BUYERS ARE NOT DISCLOSED.‍ESTIMATED EFFECT ON 2018 PRODUCTION FROM BOTH DEALS IS A REDUCTION OF 1.2 MMBOE, 81% OIL AND 19% NATURAL GAS​.PARTY OPERATED ASSETS HALFF EAST.  Full Article

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

BRIEF-SM Energy Q1 GAAP Earnings Per Share $2.81

* Q1 EARNINGS PER SHARE VIEW $0.04 -- THOMSON REUTERS I/B/E/S