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SM Energy Co (SM.N)

SM.N on New York Stock Exchange

10.33USD
15 Jul 2019
Change (% chg)

$-0.49 (-4.53%)
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Latest Key Developments (Source: Significant Developments)

SM Energy Raises Production Guidance
Tuesday, 18 Jun 2019 

June 18 (Reuters) - SM Energy Co ::SM ENERGY RAISES PRODUCTION GUIDANCE AND PROVIDES UPDATED NEW WELL RESULTS.SM ENERGY CO - RAISING GUIDANCE FOR Q2 AND FULL YEAR PRODUCTION VOLUMES BY 0.4 MMBOE.SM ENERGY CO - Q2 AND FULL YEAR PRODUCTION IS EXPECTED TO BE APPROXIMATELY 43-44% OIL..SM ENERGY CO - Q2 2019 PRODUCTION GUIDANCE IS REVISED UPWARD TO 12.0-12.2 MMBOE.SM ENERGY CO - FULL YEAR 2019 PRODUCTION GUIDANCE IS INCREASED TO 45.4-48.4 MMBOE, OR 124.4-132.6 MBOE/D.  Full Article

SM Energy Announces Closing Of Powder River Basin Asset Sale And Provides Additional Updates
Tuesday, 27 Mar 2018 

March 26 (Reuters) - SM Energy Co ::SM ENERGY ANNOUNCES CLOSING OF POWDER RIVER BASIN ASSET SALE AND PROVIDES ADDITIONAL UPDATES.SM ENERGY CO - ‍PRODUCTION ASSOCIATED WITH POWDER RIVER BASIN ASSET SALE IS REMOVED FROM NET PRODUCTION AS OF APRIL 1, 2018​.SM ENERGY CO - ‍BASED ON FIRST TWO MONTHS OF QUARTER, PERMIAN BASIN PRODUCTION EXCEEDED PLAN​.SM ENERGY CO - ‍HIGHER PERMIAN BASIN PRODUCTION PERFORMANCE WAS PARTIALLY OFFSET BY DOWNTIME AT A THIRD PARTY PIPELINE SYSTEM IN EAGLE FORD IN Q1​.SM ENERGY CO - ‍Q1 PRODUCTION IS EXPECTED TO BE CLOSER TO UPPER END OF ORIGINAL GUIDANCE​.SM ENERGY CO - SEES Q1 2018 CAPEX TO BE $350 MILLION.SM ENERGY CO - ‍TOTAL CAPITAL SPEND FOR 2018 IS EXPECTED TO APPROXIMATE $1.27 BILLION, WITH HIGHER EXPENDITURES IN FIRST HALF OF YEAR​.SM ENERGY CO - EXPECTS TO ALIGN CASH FLOW AND TOTAL CAPITAL SPEND BY MID-YEAR 2019.SM ENERGY CO - ‍EXPECTED PRODUCTION GROWTH FROM NEW WELLS IS PRIMARILY PROJECTED FOR LATE IN QUARTER AND INTO Q3​.  Full Article

SM Energy Q4 GAAP Loss Per Share $0.24
Thursday, 22 Feb 2018 

Feb 21 (Reuters) - SM Energy Co ::SM ENERGY REPORTS 2017 RESULTS AND 2018 OPERATING PLAN: PERMIAN EXECUTION OUTSTANDING, CASH FLOW GROWTH AHEAD.Q4 ADJUSTED LOSS PER SHARE $0.08.Q4 GAAP LOSS PER SHARE $0.24.SEES ‍2018 TOTAL CAPITAL SPEND OF ABOUT $1.27 BILLION​.QTRLY TOTAL OPERATING REVENUES AND OTHER INCOME $340.5 MILLION VERSUS $379.9 MILLION.Q4 EARNINGS PER SHARE VIEW $-0.14, REVENUE VIEW $329.7 MILLION -- THOMSON REUTERS I/B/E/S.SEES FULL YEAR 2018 PRODUCTION 42 MMBOE - 46 MMBOE.SM ENERGY - ‍BASED ON PRODUCTION GUIDANCE MID-POINT, CO HEDGES IN PLACE FOR ABOUT 75% OF 2018 OIL PRODUCTION & 65% OF 2018 NATURAL GAS PRODUCTION​.SEES Q1 2018 PRODUCTION OF APPROXIMATELY 9.5 MMBOE - 10.0 MMBOE.QTRLY ‍TOTAL PRODUCTION 10.4 MMBOE​.‍PRODUCTION INCREASED 2 PERCENT FOR Q4, COMPARED WITH PRIOR YEAR PERIODS ON A RETAINED ASSET BASIS​.  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

Millennium Management reports 5 pct passive stake in SM Energy Co
Wednesday, 4 Oct 2017 

Oct 3 (Reuters) - SM Energy Co :Millennium management Llc reports a 5 percent passive stake in SM ENERGY co as of September 25, 2017 - SEC filing‍​.  Full Article

SM Energy says all of co's producing assets are located outside storm's path and were unharmed​
Friday, 15 Sep 2017 

Sept 14 (Reuters) - Sm Energy Co :SM Energy co - ‍All of company's producing assets are located outside storm's path and were unharmed​.Sm energy - ‍Total effect on production from Hurricane Harvey estimated at 0.2 MMBoe.SM Energy Co - All of company's operations have returned to pre-Harvey production levels.SM Energy - ‍Total effect on production from Hurricane Harvey effectively reduces previously provided Q3 2017 guidance to 10.6-11.0 MMBoe​.SM Energy Co - Co's ‍Eagle Ford daily operations were not affected by storm​.  Full Article

SM Energy says experiencing temporary production curtailments due to Hurricane Harvey ‍​
Tuesday, 29 Aug 2017 

Aug 28 (Reuters) - SM Energy Co ::SM Energy says "are experiencing temporary curtailments of some of our production due to" Hurricane Harvey "on third-party, downstream infrastructure"‍​.SM Energy -too early to quantify any effect curtailments will have on co's production as Hurricane Harvey continues to move through Texas- sec filing.  Full Article

SM Energy Q2 adjusted loss per share $0.32
Friday, 4 Aug 2017 

Aug 3 (Reuters) - SM Energy Co ::SM energy reports second quarter of 2017 results - focus on capital efficiency driving value, production beats, raising guidance.Q2 adjusted loss per share $0.32.Q2 loss per share $1.08.Q2 earnings per share view $-0.29 -- Thomson Reuters I/B/E/S.Sm energy co - full year 2017 production guidance increased by 0.8 mmboe at mid-point to 44.5-46.5 mmboe.Sm energy co - q2 production of 11.3 mmboe is up 7 pct sequentially and up 11 pct compared with q2 of 2016.Sm energy co - q3 of 2017 production is expected to range between 10.8 and 11.2 mmboe.  Full Article