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SM Energy Co (SM.N)

SM.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

SM Energy prices $500 mln public offering of senior notes due 2026
Wednesday, 7 Sep 2016 05:00pm EDT 

Sm Energy Co : Prices $500 million public offering of senior notes due 2026 . Says notes will be issued at par . Priced an offering of $500.0 million aggregate principal amount of its 6.75 percent senior unsecured notes due 2026 .Intends to use net proceeds from offering of notes to pay a portion of purchase price for its recently announced acquisition.  Full Article

SM Energy announces public offering of $500 mln of senior notes due 2026
Wednesday, 7 Sep 2016 07:33am EDT 

SM Energy Co : SM Energy announces public offering of $500 million of senior notes due 2026 . Intends to use net proceeds for general corporate purposes .Intends to use net proceeds from offering to pay portion of purchase price for recently announced acquisition of some membership interests.  Full Article

SM Energy announces offering of $100 mln of senior convertible notes
Monday, 8 Aug 2016 06:51am EDT 

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

SM energy says offering 15 mln common shares
Monday, 8 Aug 2016 06:51am EDT 

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

BRIEF-SM Energy announces acquisition in Permian Basin
Monday, 8 Aug 2016 06:50am EDT 

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 06:50am EDT 

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
Tuesday, 2 Aug 2016 05:00pm EDT 

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

SM Energy announces sales agreements on 2 divestiture packages
Monday, 1 Aug 2016 06:00am EDT 

SM Energy Co : SM Energy announces sales agreements on two divestiture packages with proceeds totaling $172.5 million .Property sales make-up majority of non-core asset sales anticipated during 2016.  Full Article

SM Energy Company reiterates FY2016 production guidance; gives Q2 production guidance
Tuesday, 3 May 2016 05:00pm EDT 

SM Energy Company:Expects FY 2016 total production in the rage of 51 MMBoe-55 MMBoe.Second quarter of 2016 production is expected to range between 13.1 MMBoe and 13.5 MMBoe.  Full Article

SM Energy Declares Semi-Annual Cash Dividend
Tuesday, 29 Mar 2016 07:00pm EDT 

SM Energy Company:Board of Directors has approved a semi-annual cash dividend of $0.05 per share of common stock outstanding.The dividend will be paid on May 4, 2016, to stockholders of record as of the close of business on April 22, 2016.  Full Article

BRIEF-Sm Energy declares semi-annual cash dividend

* Board of directors has approved a semi-annual cash dividend of $0.05 per share of common stock