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SM Energy Co - SM STOCK NEWS

Welcome to our dedicated news page for SM Energy Co (Ticker: SM), a resource for investors and traders seeking the latest updates and insights on SM Energy Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SM Energy Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SM Energy Co's position in the market.

Rhea-AI Summary
SM Energy Company (NYSE: SM) declares a quarterly cash dividend of $0.18 per share for its common stockholders, payable on May 3, 2024. The dividend was approved by the Board of Directors and will benefit stockholders of record as of April 19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
dividends
-
Rhea-AI Summary
SM Energy Company appoints Barton R. Brookman as independent director and James B. Lebeck as Executive Vice President and General Counsel. Brookman brings extensive industry experience to the Board, while Lebeck gets promoted within the company.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.66%
Tags
management
-
Rhea-AI Summary
SM Energy Company announced strong financial results for full year 2023, with net income of $817.9 million and adjusted net income of $5.89 per diluted common share. The company returned $299.6 million to stockholders through share repurchases and dividends. Estimated net proved reserves reached a record 605 MMBoe. The Company demonstrated operational excellence and safety improvements in 2023. Looking ahead to 2024, the focus is on operational execution, returning capital to stockholders, and maintaining and expanding portfolio quality.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.66%
Tags
none
Rhea-AI Summary
SM Energy Company (NYSE: SM) announced its estimated 2023 results, including production, pricing, capital expenditures, return of capital, and financial metrics. The company's production exceeded expectations, with a 5% increase from 2022. Capital efficiencies and discipline led to lower costs, with estimated capital expenditures below the guidance range. The balance sheet was further strengthened, with net debt of approximately $969 million. Return of capital to stockholders increased to nearly $300 million in 2023. The company's CEO, Herb Vogel, commended the team for exceptional performance and highlighted the strong balance sheet and operational execution. The full operating and financial results, as well as the 2024 plan, will be presented later this month.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
Tags
earnings
-
Rhea-AI Summary
SM Energy Company (NYSE: SM) has approved an increased quarterly cash dividend of $0.18 per share of common stock outstanding, to be paid on February 5, 2024, to stockholders of record as of January 19, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
dividends
-
Rhea-AI Summary
SM Energy Company (NYSE: SM) announced its operating and financial results for Q3 2023. Highlights include a 20% increase in the fixed dividend policy, a total capital return to stockholders of $114.1 million, and net income of $222.3 million. The company also focused on operational execution, well performance, and ESG initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
dividends earnings
Rhea-AI Summary
SM Energy Company to Release Third Quarter 2023 Financial and Operating Results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.19%
Tags
earnings
-
Rhea-AI Summary
SM Energy Company announces quarterly cash dividend of $0.15 per share; positive for stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
Tags
dividends
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.72%
Tags
earnings
Rhea-AI Summary
SM Energy Company has published its updated environmental, social, and governance (ESG) materials, including a letter from the CEO to stakeholders, performance highlights, and reports on sustainability accounting standards, climate change questionnaire, and task force on climate-related disclosures. The company achieved its 2022 ESG targets, such as zero routine and non-routine flaring, beating methane intensity target, and making progress towards a 50% reduction in GHG emissions intensity by 2030. SM Energy also ranked top quartile among AXPC peers for total recordable incident rate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.35%
Tags
none
SM Energy Co

NYSE:SM

SM Rankings

SM Stock Data

5.77B
113.50M
1.72%
97.61%
8.02%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
US
Denver

About SM

sm energy company is an independent energy company focused on the exploration, exploitation, development, acquisition, and production of natural gas and crude oil in the united states. the company was founded in 1908, incorporated in 1915, and became a public company through an initial public offering in 1992. sm energy trades on the new york stock exchange under the symbol sm. the company operates in four core areas managed by four regional offices: the mid-continent, rocky mountains, permian basin, and gulf coast regions are operated out of our offices in tulsa, oklahoma; billings, montana; midland, texas; and houston, texas, respectively. each office is staffed with a full complement of geologists, geophysicists, engineers, and landmen who have extensive experience in the region or basin where they work. the denver, colorado, headquarters provides financial and administrative support for the regional operations. at sm energy, we also take seriously the manner in which we conduct our