SM Energy – Oil & Gas 360

SM Energy appoints Beth McDonald as Executive Vice President and Chief Operating Officer

September 9, 2024

Oil and Gas 360 DENVER, Sept. 9, 2024 /PRNewswire/ — SM Energy Company (NYSE: SM) today announced that it has appointed Beth McDonald as its Executive Vice President and Chief Operating Officer, effective as of September 9, 2024. President and Chief Executive Officer Herb Vogel comments: “We are delighted to welcome Beth to our executive team. She is an experienced and

US oil and gas mergers continue at furious pace in Q2, says Enverus

July 30, 2024

U.S. News HOUSTON – U.S. oil and gas patch deals continued to run hot in the second quarter, topping $30 billion with big dollar tie-ups pushing values higher, according to data released on Tuesday by energy researcher Enverus. Blockbuster mergers, such as ConocoPhillips’ $22.5 billion offer for Marathon Oil, remain a mainstay even as U.S. lawmakers call on regulators to

SM Energy announces highly accretive $2.0 billion Uinta Basin acquisition, 11% increase to fixed dividend and reloaded $500 million share repurchase program

June 27, 2024

Oil and Gas 360 DENVER, June 27, 2024 /PRNewswire/ — SM Energy Company (the “Company” or “SM Energy”) (NYSE: SM) today announces that it has entered into an agreement to acquire the Uinta Basin oil and gas assets owned by certain entities affiliated with XCL Resources, LLC (“XCL”), a private company backed by EnCap Investments L.P. (“EnCap”) and Rice Investment Group (“Rice”),

NOG announces joint acquisition with SM Energy; entering the Uinta Basin with the largest transaction in company history; highly accretive to key financial metrics

June 27, 2024

Oil and Gas 360 HIGHLIGHTS SM Energy Company (“SM”), with NOG as its non-operated partner, purchasing the Uinta Basin assets (the “XCL Assets”) of XCL Resources, LLC, an EnCap Portfolio Company, for a combined unadjusted purchase price of $2.55 billion in cash NOG to acquire a 20% undivided stake in the XCL Assets (the “Acquired Assets”) for $510.0 million in

SM Energy reports 2023 results and 2024 operating plan

February 22, 2024

Oil and Gas 360 DENVER, Feb. 21, 2024 /PRNewswire/ — SM Energy Company (the “Company”) (NYSE: SM) today announced certain fourth quarter and full year 2023 operating and financial results, year-end 2023 estimated net proved reserves and its 2024 operating plan. Highlights include: Excellent financial results and operational performance: Net income for the full year 2023 was $817.9 million, or $6.86 per diluted

SM Energy reports production beat on lower capital costs and schedules year-end 2023 earnings release and call

February 1, 2024

Oil and Gas 360 DENVER, Feb. 1, 2024 /PRNewswire/ — SM Energy Company (the “Company”) (NYSE: SM) today announced certain estimated 2023 results, including production, pricing, capital expenditures, return of capital and certain financial metrics. Highlights include: Production exceeded expectations. Production for the full year 2023 was 55.5 MMBoe or 152.0 MBoe/d, up 5% from 2022. Fourth quarter production was 14.1 MMBoe, or

Exclusive: SM Energy at the 2023 EnerCom Denver-The Energy Investment Conference

August 23, 2023

SM Energy is a premier operator of top tier assets. We strongly believe our values, commitment to excellence, flexibility and experience give us the edge and resilience to continue our long-term success. As a leader in the oil and natural gas industry, we are proud to provide resources that make people’s lives better every day. sm-energy.com About EnerCom, Inc. Founded

SM Energy reports second quarter 2023 results: Strong operational execution and increased return of capital; closed transactions adding 22,800 net midland acres

August 3, 2023

Oil and Gas 360 Publisher’s Note: SM Energy will be a presenter at EnerCom Denver – The Energy Investment Conference. Investors, analysts, and energy industry professionals can still register to attend at www.enercomdenver.com DENVER, Aug. 2, 2023 /PRNewswire/ — SM Energy Company (the “Company”) (NYSE: SM) today announced operating and financial results for the second quarter 2023 and provided certain full year and

SM Energy declares quarterly cash dividend

June 29, 2023

Oil and Gas 360 Publisher’s Note: SM Energy is presenting at the 28th annual EnerCom Denver – The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders. Register to attend at www.enercomdenver.com JUNE 28, 2023 DENVER, June 28, 2023 /PRNewswire/ — SM Energy Company (NYSE: SM) today announces that its Board of Directors approved a quarterly cash dividend

SM Energy announces certain second quarter 2023 activity: 2.6 million shares repurchased, production up, capital expenditures down, and entered agreements to acquire 22,800 oily net acres

June 21, 2023

Oil and Gas 360 Publisher’s Note: SM Energy will be a presenter at the 28th annual EnerCom Denver – The Energy Investment Conference that brings together energy companies, investors, analysts, and key industry leaders. Register to attend at www.enercomdenver.com DENVER, June 21, 2023 /PRNewswire/ — SM Energy Company (the “Company”) announced today certain updates on second quarter 2023 activity. Repurchased 2.6 million

SM Energy announces updates regarding its board of directors

May 31, 2023

Oil and Gas 360 SM Energy will be a presenter at EnerCom Denver – The Energy Investment Conference register to attend at www.enercomdenver.com DENVER, May 31, 2023 /PRNewswire/ — SM Energy Company (the “Company”) announced today that, consistent with the succession plans previously disclosed in the Company’s proxy statement, the Board of Directors of the Company has appointed Julio Quintana as Chairman

SM Energy reports 2022 results and 2023 operating plan

February 23, 2023

Oil and Gas 360 DENVER, Feb. 22, 2023 /PRNewswire/ — SM Energy Company (the “Company”) (NYSE: SM) today announced certain fourth quarter and full year 2022 operating and financial results, year-end 2022 estimated proved reserves and its 2023 operating plan. Highlights include: Substantial growth in profitability. Net income for the full year 2022 and fourth quarter 2022 was $1.11 billion and

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