Operator · Bone Spring, Permian Basin & Powder River Basin
SM Energy Company
80 articles mentioning SM Energy Company · Page 1 of 4
SM Energy Hits Record Output; Driven by Uinta
In Q2 2025, SM Energy (NYSE: SM) delivered a performance that underscored its evolution from a mid-cap E&P into a streamlined, tech-enabled operator executing a multibasin optimization strategy. With record production, disciplined capital execution, and meaningful...
Permian E&P Ups 2024 Well Completed by +27% vs. 2023
SM Energy which has assets in the Midland basin and the Eagle ford, provided 2024 guidance and the company is upping it's permian well count by +30%. The 2024 program calls for 70 net wells to...
Contrary to The Noise, U.S. Oil Production will Likely Growth 4-5% In 2024; A look Inside
There are numerous reports speculating how much U.S. oil production will growth in 2024. Well we decided to take a look at the presentations, 4Q 2023 transcripts, press releases from the top E&Ps in the U.S....
SM Energy Company announced its first quarter 2023 results
SM Energy Company announced its first quarter 2023 results. Highlights Growing profitability. In the first quarter 2023, net income was $198.6 million, or $1.62 per diluted common share, up more than 300% compared with the prior...
SM Energy Q4, Full Year 2022 Results; Plans 85-90 Wells for 2023
SM Energy Co. 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...
SM Energy Third Quarter 2022 Results
SM Energy Co. announced operating and financial results for the third quarter 2022 and provided certain fourth quarter and full year 2022 guidance. Highlights include: Driving profitability. Net income in the third quarter and for the...
SM Energy First Quarter 2022 Results
SM Energy Co. announced operating and financial results for the first quarter 2022 and provided certain second quarter 2022 guidance. Highlights include: Advancing on key strategic target, debt reduction. As a result of expected cash flow...
Permian, Eagle Ford Operator to Drill 92 Net Wells in 2022; Five Rigs, Two Frac Crews
SM Energy Co. reported its 2022 capital plan and guidance. 2022 Plan - Capex: $750 million - up 13% vs. 2021 D&C: $675 million Facilities: $45 million Other: $30 million - D&C Capex by Play Midland:...
SM Energy Fourth Quarter, Full Year 2021 Results
SM Energy Company announced certain fourth quarter and full year 2021 operating and financial results and year-end 2021 estimated proved reserves. Highlights include: Proved reserves growth. Estimated proved reserves at year-end 2021 totaled 492 MMBoe, up...
SM Energy Adds Former Oxy Exec to Board
SM Energy Co. reported that Anita M. Powers has been appointed to serve as a director of the Company. Ms. Powers will serve as an independent director and as a member of the Audit Committee and...
SM Energy Third Quarter 2021 Results
SM Energy Co. announced operating and financial results for the third quarter 2021 and provided certain fourth quarter and updated full year 2021 guidance. Third quarter 2021 highlights: Production was 14.3 MMBoe (155.8 MBoe/d) and was...
SM Energy Second Quarter 2021 Results
SM Energy Co. announced operating and financial results for the second quarter 2021 and provided certain second half 2021 guidance. Second quarter 2021 highlights: Production was 12.4 MMBoe (136.5 MBoe/d) and was 54% oil. Production volumes...
SM Energy First Quarter 2021 Results
SM Energy Co. announced operating and financial results for the first quarter 2021 and provided certain second quarter 2021 guidance. Highlights: Cash flows included net cash provided by operating activities of $105.6 million before net change...
SM Energy Fourth Quarter, Full Year 2020 Results
SM Energy Co. announced fourth quarter and full year 2020 operating and financial results, year-end 2020 reserves and the 2021 operating plan. Highlights: The Company's strategic priorities in 2020 were to generate positive cash flow and...
Permian / Eagle Ford E&P to Run 3 Rigs, Frac 93 Wells in 2021
SM Energy provided a look into its 2021 drilling and completion program. The program calls for drilling of completion/frac of 93 wells (71 in the Permian, 21 in the Eagle Ford). The company will operate 3...
SM's Credit Line Reaffirmed at $1.1B; Plans to Complete Six South TX DUCs
SM Energy Co. has reported several updates including results of its borrowing base redetermination and a new third party agreement for new wells in South Texas. Borrowing Base Reaffirmed SM reported that its lender has reaffirmed...
SM Energy Third Quarter 2020 Results
SM Energy Co. announced operating and financial results for the third quarter 2020 and provided updates to its 2020 guidance. Highlights: Capital discipline. Capital expenditures demonstrated continued capital efficiencies as well as timing of certain activity....
Permian Operator to Drill & Complete +10% More Wells in 2021
In its Q3 2020 report, SM Energy provided a look into what to expect in 2021. As you can see from the chart below, the company plans to complete 49% more wells in 2021. This will...
SM Energy Second Quarter 2020 Results
SM Energy Co. reported its Q2 2020 results. Q2 Focus: Capital discipline. Capital expenditures were 26% below guidance primarily reflecting lower costs as well as timing of certain activity. Capital expenditures of $170.9 million adjusted for...
SM Energy CEO Ottoson to Retire
SM Energy's President and CEO Jay Ottoson plans to retire before the end of 2020 while remaining a board member until May 2021. The new President and CEO will be taken over by Herbert Vogel. About...