Welcome to our dedicated page for Sm Energy news (Ticker: SM), a resource for investors and traders seeking the latest updates and insights on Sm Energy stock.
SM Energy Company (NYSE: SM) is an independent exploration and production company focused on crude oil, natural gas, and NGL development in Texas and Utah. The SM Energy news feed on Stock Titan aggregates the company’s official announcements, earnings releases, operational updates, and transaction-related disclosures into a single, investor-friendly stream.
News about SM Energy frequently covers quarterly financial and operating results, including production volumes by basin, commodity mix, realized prices, capital expenditures, and measures such as Adjusted EBITDAX and adjusted net income. These updates often break down performance in the Midland Basin, South Texas, and the Uinta Basin, giving readers insight into how each operating area contributes to overall results.
Investors can also follow capital structure and liquidity developments, such as borrowing base redeterminations under the company’s reserves-based revolving credit facility, amendments to its credit agreement, and commentary on leverage targets and net debt-to-Adjusted EBITDAX. SM Energy’s communications discuss how cash flow, hedging, and capital spending interact with debt management.
A key theme in recent SM Energy news is the planned all-stock merger with Civitas Resources, Inc. Company releases and related SEC filings describe the merger agreement, exchange ratio, expected ownership split of the combined company, anticipated annual synergies, and the projected closing timeline, subject to regulatory and stockholder approvals. Governance and leadership updates tied to this combination, including the planned composition of the post-closing board and executive transitions, are also covered.
In addition, the news feed includes dividend declarations and capital return updates, where SM Energy announces its fixed quarterly cash dividend of $0.20 per share and, at times, share repurchases. For readers tracking SM Energy stock, this page provides a centralized view of the company’s latest public communications, from operational performance to strategic transactions and shareholder distributions.
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SM Energy Company (NYSE: SM) will announce its first quarter 2023 financial and operating results after market hours on April 27, 2023. The release will include an earnings report, a pre-recorded webcast, and a presentation available on the company's investor relations website.
On April 28, 2023, at 8:00 a.m. Mountain time/10:00 a.m. Eastern time, management will host a Q&A session accessible via webcast. Interested participants can register online for dial-in details. The replay of the conference call will be available shortly after the call and until May 12, 2023.
For more information and updates, visit www.sm-energy.com.
SM Energy Company (NYSE: SM) has announced a quarterly cash dividend of $0.15 per share, payable on May 5, 2023, to stockholders of record by April 21, 2023. This decision reflects strong financial management as the company repurchased approximately 1.4 million shares in the first quarter, reducing outstanding shares to about 120.5 million. This strategic move aims to enhance shareholder value in the competitive energy sector.
SM Energy Company (NYSE: SM) reported strong financial results for Q4 and full year 2022, with net income of $1.11 billion for the year and $258.5 million for the quarter, translating to $8.96 and $2.09 per diluted share, respectively. The company achieved a 9% increase in estimated proved reserves, totaling 537 MMBoe, and a significant cash flow of $1.76 billion for the year. Shareholders benefited from a capital return program, including $0.15 quarterly dividends and $500 million in share repurchases. SM Energy lowered net debt to $1.14 billion, achieving a net debt-to-Adjusted EBITDAX ratio of 0.59 times.
SM Energy Company (NYSE: SM) announced it will release its fourth quarter and full year 2022 financial and operating results on February 22, 2023, after market close. The report will include an earnings release, a pre-recorded webcast discussing the results, and a 2023 operating plan presentation available on their website. A Q&A session with management is scheduled for February 23, 2023, at 8:00 a.m. MT via webcast. Investors can access the call by registering online. The company primarily focuses on the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in Texas.
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