SM earnings
SM Energy Company (SM) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- SM Energy Schedules First Quarter 2026 Conference Call for May 7, 2026DENVER, April 7, 2026 /PRNewswire/ -- SM Energy Company (NYSE:SM) (the "Company") today announced that it plans to release first quarter 2026 financial and operating results after market close on May 6, 2026. The Company will hold a conference call to discuss results on May 7, 2026, at 8:00 a.m. MT (10:00 a.m. ET).To join the live conference call, register at: SM Energy 1Q 2026 Earnings Call Registration. Dial-in for domestic toll-free/international is 877-407-6050 / +1 201-689-8022.To access the live webcast and view the related earnings presentation, visit the Company's website at https://www.sm-energy.com/investors. The replay will also be available on the Company's website under the "Inv
- SM ENERGY PROVIDES 2026 OUTLOOKPlan maximizes free cash flow and strengthens balance sheetAccelerates return of capital, including a 10% dividend increase, under an enhanced frameworkDENVER, Feb. 25, 2026 /PRNewswire/ -- SM Energy Company (the "Company" or "SM Energy") (NYSE:SM) today issued its 2026 outlook, designed to maximize free cash flow through disciplined investments in its high-return development projects. It also provided a new stockholder return framework, which includes a 10% increase to its quarterly dividend policy. Accompanying slides can be found on the Company's website at sm-energy.com/investors/news-events/presentations. A conference call is scheduled for 8 a.m. MT/10 a.m. ET on February 26, 2026. Part
- SM ENERGY REPORTS FOURTH QUARTER AND FULL-YEAR 2025 FINANCIAL AND OPERATING RESULTSFull-year 2025 results include record production and record operating cash flow and adjusted EBITDAX(1)DENVER, Feb. 25, 2026 /PRNewswire/ -- SM Energy Company (the "Company" or "SM Energy") (NYSE:SM) today reported financial and operating results for the fourth quarter and full-year 2025. Accompanying slides can be found on the Company's website at sm-energy.com/investors/news-events/presentations. A conference call is scheduled for 8 a.m. MT/10 a.m. ET on February 26, 2026. Participation details can be found within this release."SM Energy enters its next chapter as a century‑strong, future‑ready company," said President and CEO Beth McDonald. "In 2025, we delivered record cash flow from ope
- SM ENERGY CLOSES MERGER WITH CIVITAS RESOURCESCompany schedules conference call to discuss fourth quarter and full-year 2025 results and 2026 outlook DENVER, Jan. 30, 2026 /PRNewswire/ -- SM Energy Company ("SM Energy" or the "Company") (NYSE:SM) announced today the closing of its all-stock merger with Civitas Resources, Inc. ("Civitas") (NYSE:CIVI) (the "Transaction"). The Transaction was approved by stockholders of both companies at special meetings held on January 27, 2026. The combined company continues to trade under the ticker symbol "SM" and will retain the name SM Energy Company. As previously announced, upon the closing of the Transaction, Beth McDonald was appointed President and Chief Executive Officer and joined the Company'
- Civitas Resources Reports Strong Third Quarter 2025 Financial and Operating ResultsCivitas Resources, Inc. (NYSE:CIVI) (the "Company" or "Civitas") today reported its third quarter 2025 financial and operating results. Civitas' third quarter 2025 earnings webcast and conference call scheduled for Friday, November 7, 2025, has been cancelled as a result of the merger announcement with SM Energy Company (NYSE:SM) ("SM Energy"). Key Highlights Third quarter results exceeded expectations, with higher production and lower cash operating expenses contributing to net income of $177 million, operating cash flow of $860 million, Adjusted EBITDAX(1) of $855 million and Adjusted Free Cash Flow(1) of $254 million. Oil and total production were up six percent from the second qua
- SM ENERGY REPORTS THIRD QUARTER 2025 FINANCIAL AND OPERATING RESULTS; CONTINUED OPERATIONAL EXCELLENCE DRIVES FINANCIAL BEATDENVER, Nov. 3, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today reported financial and operating results for the third quarter 2025 and provided certain full year and fourth quarter 2025 guidance. Highlights include: Strong Production Performance Continues: Production totaled 19.7 MMBoe, or 213.8 MBoe/d, including 113.9 MBbls/d of oil driven by consistent strong performance across all assets. Compared to the third quarter of 2024, total net daily production increased 26% and net daily oil production rose 47%.Resilient Margins: Despite a decline of more than $10/Bbl in benchmark oil prices year-over-year, the Company's top tier asset portfolio—strengthened by an increas
- SM ENERGY AND CIVITAS RESOURCES TO COMBINE IN $12.8 BILLION TRANSFORMATIONAL COMBINATION DELIVERING SUPERIOR STOCKHOLDER VALUEValue-Enhancing Scale Premier portfolio across the highest-return U.S. shale basins drives significant free cash flow and enhanced stockholder value Pro forma second quarter of 2025 production totaled 526 MBoe/d Pro forma full-year 2025 consensus free cash flow of more than $1.4 billion Step-change in free cash flow supports sustained return of capital Value-Driven Synergies Proven management and a world-class technical team positioned to deliver identified and achievable annual synergies of approximately $200 million with upside potential Synergies create potential for accelerated debt repayment and improved through-cycle returns Value-Accretive Substance Significant accretion on key per
- SM ENERGY SCHEDULES THIRD QUARTER 2025 EARNINGS RELEASE AND LIVE Q&A CALLDENVER, Oct. 13, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it plans to release its third quarter 2025 financial and operating results after market hours on November 4, 2025. See schedule below: November 4, 2025 – After market close, the Company plans to issue its third quarter 2025 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing third quarter 2025 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at http://www.sm-energy.com/investors. November 5, 2025 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m.
- SM ENERGY REPORTS SECOND QUARTER 2025 FINANCIAL AND OPERATING RESULTS; EXECUTION-DRIVEN GROWTH | UINTA BASIN SHINESDENVER, July 31, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today reported operating and financial results for the second quarter 2025 and provided certain full year and third quarter 2025 guidance. Highlights include: Record Net Quarterly Production: 19.0 MMBoe, or 209.1 MBoe/d, exceeded expectations at 5% above the mid-point of guidance, with oil making up 55% (115.7 MBbls/d). Strong performance from the Company's Uinta Basin assets was the primary driver for the production outperformance, supported by efforts to improve transportation logistics and optimize takeaway capacity. Compared to the second quarter of 2024, total net daily production increased 32% and net dai
- SM ENERGY SCHEDULES SECOND QUARTER 2025 EARNINGS RELEASE AND LIVE Q&A CALLDENVER, July 15, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it plans to release its second quarter 2025 financial and operating results after market hours on July 31, 2025. See schedule below: July 31, 2025 – After market close, the Company plans to issue its second quarter 2025 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing second quarter 2025 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at http://www.sm-energy.com/investors. August 1, 2025 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Easte
- SM ENERGY REPORTS FIRST QUARTER 2025 FINANCIAL AND OPERATING RESULTS; SUCCESSFUL UINTA BASIN INTEGRATION DRIVES PRODUCTION TO HIGH END OF GUIDANCE AT 53% OILDENVER, May 1, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today reported operating and financial results for the first quarter 2025 and provided certain full year and second quarter 2025 guidance. Highlights include: Net production was 17.8 MMBoe, or 197.3 MBoe/d, at 53% oil or 103.7 MBbls/d, at the high end of guidance, driven largely by our Uinta Basin assets outperforming expectations. Total daily production increased 36% and daily oil production increased 63% compared to first quarter 2024 with the increase largely attributable to the addition of the Uinta Basin assets.Net income was $182.3 million, or $1.59 per diluted common share, and Adjusted net income(1) was $
- SM ENERGY SCHEDULES FIRST QUARTER 2025 EARNINGS RELEASE AND LIVE Q&A CALLDENVER, April 14, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it plans to release its first quarter 2025 financial and operating results after market hours on May 1, 2025. See schedule below: May 1, 2025 – After market close, the Company plans to issue its first quarter 2025 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing first quarter 2025 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at http://www.sm-energy.com/investors. May 2, 2025 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time f
- SM ENERGY REPORTS RECORD 2024 RESULTS AND TRANSFORMATIVE 2025 OPERATING PLAN; AND ANNOUNCES OFFICER RETIREMENT AND NEW APPOINTMENTSDENVER, Feb. 19, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces certain fourth quarter and full year 2024 operating and financial results, year-end 2024 estimated net proved reserves and its 2025 operating plan. In 2024, SM Energy met all of its strategic objectives and delivered certain record results. Financial and operational highlights included: Record oil production for the full year 2024 of 29.4 MMBbls, or 80.2 MBbls/d, up 23% from 2023. Total net production for the full year 2024 was 62.4 MMBoe, or 170.5 MBoe/d, up 12% from 2023.Record year-end estimated net proved reserves of 678 MMBoe, up 12% from year-end 2023. The ratio of estimated net proved res
- SM ENERGY SCHEDULES YEAR-END 2024 EARNINGS RELEASE AND LIVE Q&A CALLDENVER, Feb. 4, 2025 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it plans to release its fourth quarter and full year 2024 financial and operating results and 2025 operating plan after market hours on February 19, 2025. See schedule below: February 19, 2025 – After market close, the Company plans to issue its fourth quarter and full year 2024 financial and operating results and 2025 operating plan, which will include an earnings release, a pre-recorded webcast discussing fourth quarter and full year 2024 financial and operating results and the Company's 2025 operating plan, and an associated presentation, all of which will be posted to the Company's websi
- SM ENERGY REPORTS THIRD QUARTER 2024 RESULTS HIGHLIGHTING EXCELLENT OPERATIONAL EXECUTION THAT DELIVERED INCREASED OIL PRODUCTION ON LOWER CAPITALDENVER, Oct. 31, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today reported operating and financial results for the third quarter 2024 and provided certain full year and fourth quarter 2024 guidance. Excellent operational execution drove strong third quarter results including: Net production was 15.6 MMBoe, or 170.0 MBoe/d, at 46% oil or 77.4 MBbls/d, which exceeded guidance. Higher than expected oil production and total production were driven largely by better than expected performance in both the Midland Basin and South Texas, as well as the timing of completions in South Texas. Continued strong quarterly performance in the Midland Basin and South Texas is expected to
- SM ENERGY SCHEDULES THIRD QUARTER 2024 EARNINGS RELEASE AND CALLDENVER, Oct. 9, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its third quarter 2024 financial and operating results after market hours on October 31, 2024. See schedule below: October 31, 2024 – After market close, the Company plans to issue its third quarter 2024 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the third quarter 2024 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at http://www.sm-energy.com/investors. November 1, 2024 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00
- SM ENERGY REPORTS SECOND QUARTER 2024 RESULTS AND ANNOUNCES ACQUISITION OF ADDITIONAL UINTA BASIN ASSETS; HIGHLIGHTS EXCELLENT OPERATIONAL EXECUTION, SIGNIFICANT PORTFOLIO EXPANSION AND INCREASED RETURN OF CAPITALDENVER, Aug. 7, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today reported operating and financial results for the second quarter 2024, provided certain full year and third quarter 2024 guidance, and announced that the Company has exercised its option to acquire assets located adjacent to its recently announced XCL Acquisition. Excellent operational execution supported strong second quarter results including: Net production was 14.4 MMBoe, or 158.5 MBoe/d, at 46% oil or 72.7 MBbls/d, which exceeded guidance. Higher than expected oil production and total production were driven largely by better than expected performance from Midland Basin wells and higher than expected oi
- SM ENERGY SCHEDULES SECOND QUARTER 2024 EARNINGS RELEASE AND CALLDENVER, July 24, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its second quarter 2024 financial and operating results after market hours on August 7, 2024. See schedule below: August 7, 2024 – After market close, the Company plans to issue its second quarter 2024 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the second quarter 2024 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at sm-energy.com/investors. August 8, 2024 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern
- SM ENERGY ANNOUNCES HIGHLY ACCRETIVE $2.0 BILLION UINTA BASIN ACQUISITION, 11% INCREASE TO FIXED DIVIDEND AND RELOADED $500 MILLION SHARE REPURCHASE PROGRAMDENVER, 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"), for an unadjusted purchase price of $2.55 billion. Concurrently, Northern Oil and Gas, Inc. (NYSE:NOG) ("Northern") will acquire an undivided twenty percent (20%) of the oil and gas assets of XCL for $510 million, resulting in a $2.04 billion purchase price net to the Company for an undivided 80% interest of the assets (the "XCL Acqui
- SM ENERGY REPORTS FIRST QUARTER 2024 RESULTS; EXCELLENT OPERATIONAL EXECUTION BOOSTS BOTTOM LINE RESULTS AND SUPPORTS HIGHER PRODUCTION, LOWER CAPITAL GUIDANCEDENVER, May 2, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announced operating and financial results for the first quarter 2024 and provided certain full year and second quarter 2024 guidance. Excellent operational execution drove a great start to 2024. First quarter 2024 highlights include: Net production was 13.2 MMBoe, or 145.1 MBoe/d, at 44% oil or 63.7 MBbls/d, which exceeded guidance. Higher than expected production was driven largely from South Texas through better performance from new wells and accelerated turn-in-lines due to faster drilling and completion times versus expectations.Early year performance and capital efficiencies support increasing full yea
- SM ENERGY SCHEDULES FIRST QUARTER 2024 EARNINGS RELEASE AND CALLDENVER, April 18, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its first quarter 2024 financial and operating results after market hours on May 2, 2024. See schedule below: May 2, 2024 – After market close, the Company plans to issue its first quarter 2024 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the first quarter 2024 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at sm-energy.com/investors. May 3, 2024 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time for th
- SM ENERGY REPORTS 2023 RESULTS AND 2024 OPERATING PLANDENVER, 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 common share, and for the fourth quarter 2023 was $247.1 million, or $2.12 per diluted common share. Adjusted net income(1) was $5.89 per diluted common share for the full year 2023 and $1.56 per diluted common share for the fourth quarter 2023.Net cash provided by operating activities for the full ye
- SM ENERGY REPORTS PRODUCTION BEAT ON LOWER CAPITAL COSTS AND SCHEDULES YEAR-END 2023 EARNINGS RELEASE AND CALLDENVER, 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 153.5 MBoe/d, at 43% oil, which exceeded the high end of guidance.Capital efficiencies and discipline resulted in lower costs. Estimated capital expenditures of $989 million plus increased capital expenditure accruals and other of $81 million totaled $1,070 million(1) for the full year
- SM ENERGY REPORTS SECOND QUARTER 2023 RESULTS: STRONG OPERATIONAL EXECUTION AND INCREASED RETURN OF CAPITAL; CLOSED TRANSACTIONS ADDING 22,800 NET MIDLAND ACRESDENVER, 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 third quarter 2023 guidance. Highlights include: Solid profitability. In the second quarter 2023, net income was $149.9 million, or $1.25 per diluted common share, down from $2.60 per diluted common share in the prior year period, predominantly due to lower commodity prices. Adjusted net income(1) was $1.28 per diluted common share. Net cash provided by operating activities was $383.3 million and Adjusted EBITDAX(1) was $390.2 million.Operational execution and well performance. Production for the second
- SM ENERGY SCHEDULES SECOND QUARTER 2023 EARNINGS RELEASE AND CALLDENVER, July 14, 2023 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its second quarter 2023 financial and operating results after market hours on August 2, 2023. See schedule below: August 2, 2023 – After market close, the Company plans to issue its second quarter 2023 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the second quarter 2023 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at ir.sm-energy.com. August 3, 2023 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time fo
- SM ENERGY REPORTS FIRST QUARTER 2023 RESULTSEXECUTION DRIVES PRODUCTION OUTPERFORMANCE; 1.4 MILLION SHARES REPURCHASED DENVER, April 27, 2023 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announced operating and financial results for the first quarter 2023 and provided certain second quarter 2023 guidance. Highlights include: 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 year period. Adjusted net income(1) was $1.33 per diluted common share. Net cash provided by operating activities was $331.6 million and Adjusted EBITDAX(1) was $401.4 million.Exceeding production guidance. Production for the first quarte
- SM ENERGY SCHEDULES FIRST QUARTER 2023 EARNINGS RELEASE AND CALLDENVER, April 13, 2023 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its first quarter 2023 financial and operating results after market hours on April 27, 2023. See schedule below: April 27, 2023 – After market close, the Company plans to issue its first quarter 2023 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the first quarter 2023 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at ir.sm-energy.com. April 28, 2023 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time for
- SM ENERGY REPORTS 2022 RESULTS AND 2023 OPERATING PLANDENVER, 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 $258.5 million, or $8.96 and $2.09 per diluted common share, respectively. Adjusted net income(1) for the full year 2022 and fourth quarter 2022 was $7.29 and $1.29 per diluted common share, respectively.Increased return of capital to stockholders through share buybacks and fixed dividend. The Company repurchased 1,365,
- SM ENERGY SCHEDULES FOURTH QUARTER 2022 EARNINGS RELEASE AND CALLDENVER, Feb. 8, 2023 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its fourth quarter and full year 2022 financial and operating results and 2023 operating plan after market on February 22, 2023. See schedule below: February 22, 2023 – After market close, the Company plans to issue its fourth quarter and full year 2022 financial and operating results and 2023 operating plan, which will include an earnings release, a pre-recorded webcast discussing fourth quarter and full year 2022 financial and operating results and the Company's 2023 operating plan, and an associated presentation, all of which will be posted to the Company's website a
- SM ENERGY REPORTS THIRD QUARTER 2022 RESULTS; RETURN OF CAPITAL PROGRAM IS INITIATEDDENVER, Nov. 3, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today 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 first nine months of 2022 was $481.2 million, or $3.87 per diluted common share, and $853.5 million, or $6.87 per diluted common share, respectively. Adjusted net income(1) in the third quarter and for the first nine months of 2022 was $1.82 and $6.00 per diluted common share, respectively. Net cash provided by operating activities in the third quarter and for the first nine months of 2022
- SM ENERGY SCHEDULES THIRD QUARTER 2022 EARNINGS CALL AND PROVIDES PRELIMINARY THIRD QUARTER UPDATEDENVER, Oct. 17, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today provides the schedule for reporting third quarter 2022 financial and operating results and provides certain preliminary third quarter results. THIRD QUARTER 2022 PRODUCTION AND REALIZED PRICES UPDATEThe Company provides the following preliminary results regarding third quarter production and realized prices. PRODUCTION BY OPERATING AREA Midland Basin South Texas Total Oil (MBbl / MBbl/d) 4,497 / 48.9 1,179 / 12.8 5,676 / 61.7 Natural Gas (MMcf / MMcf/d) 16,082 / 174.8 14,872 / 161.7 30,954 / 336.5 NGLs (MBbl / MBbl/d) 9 / - 1,836 / 20.0 1,845 / 20.1 Total (MBoe / MBoe/d) 7,186 / 78.1 5,493 / 59.7 12,679 /
- SM ENERGY REPORTS SECOND QUARTER 2022 RESULTS; LEVERAGE RATIO TARGET ACHIEVEDDENVER, Aug. 3, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announced operating and financial results for the second quarter 2022 and provided certain third quarter and full year 2022 guidance. Highlights include: Leverage ratio target met, net debt target fast approaching. The Company remains ahead of schedule to meet its key strategic leverage targets of 1.0 times net-debt-to-adjusted EBITDAX(1) and $1.0 billion principal amount of debt net of cash, an inflection point the Company expects to meet in the fourth quarter 2022.Well performance remains robust. Production in the second quarter 2022 was 13.3 MMBoe (146.6 MBoe/d) and was 46% oil. Production met the top e
- SM ENERGY SCHEDULES SECOND QUARTER 2022 EARNINGS RELEASE AND CALLDENVER, July 11, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its second quarter 2022 financial and operating results after market on August 3, 2022. See schedule below: August 3, 2022 – After market close, the Company plans to issue its second quarter 2022 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the second quarter 2022 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at ir.sm-energy.com. August 4, 2022 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time for the
- SM ENERGY REPORTS FIRST QUARTER 2022 RESULTS & ANNOUNCES REDEMPTION OF ITS 10.0% SENIOR SECURED NOTESDENVER, April 28, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today 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 generation in the first half of 2022, and in support of the Company's objective to reduce absolute debt, the Company announces its intent to redeem the entire outstanding amount of its 10.0% Senior Secured Notes due 2025. The redemption price is equal to 107.5% of the aggregate principal amount outstanding of approximately $446.7 million, plus accrued and unpaid interest. The Company
- SM ENERGY SCHEDULES FIRST QUARTER 2022 EARNINGS RELEASE AND CALLDENVER, April 14, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its first quarter 2022 financial and operating results after market on April 28, 2022. See schedule below: April 28, 2022 – After market close, the Company plans to issue its first quarter 2022 financial and operating results, which will include an earnings release, a pre-recorded webcast discussing the first quarter 2022 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at ir.sm-energy.com. April 29, 2022 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time for the f
- SM ENERGY REPORTS 2021 RESULTS AND 2022 OPERATING PLAN: OUTPERFORMANCEDENVER, Feb. 24, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announced certain fourth quarter and full year 2021 operating and financial results, year-end 2021 estimated proved reserves and its 2022 operating plan. Highlights include: Proved reserves growth. Estimated proved reserves at year-end 2021 totaled 492 MMBoe, up 22% from year-end 2020 driven predominantly by reserve additions and performance revisions, including 83 MMBoe of reserve additions from the Austin Chalk in South Texas. The ratio of estimated proved reserves at year-end 2021 to 2021 production is 9.6 years. The standardized measure of discounted future net cash flows from estimated proved reserve
- SM ENERGY SCHEDULES FOURTH QUARTER 2021 EARNINGS RELEASE AND CALLDENVER, Feb. 11, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its fourth quarter and full year 2021 financial and operating results and 2022 operating plan after market on February 24, 2022. See schedule below: February 24, 2022 – After market close, the Company plans to issue its fourth quarter and full year 2021 financial and operating results and 2022 operating plan, which will include an earnings release, a pre-recorded webcast discussing fourth quarter and full year 2021 financial and operating results and the Company's 2022 operating plan, and an associated presentation, all of which will be posted to the Company's website
- SM Energy Reports Third Quarter 2021 Results: Cash Flow Beat And Production OutperformanceDENVER, Oct. 28, 2021 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today 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 56% oil. Production volumes exceeded expectations, benefiting from higher base production, reduced flaring and the effect of larger fracture stimulations in the Midland Basin and the successful early completion of certain wells in South Texas. As a result, the Company is increasing guidance for 2021 production volumes to 49.5-50.0 MMBoe (135.6-137.0 MBoe/d). Net income and Earnings per s
- SM Energy Schedules Third Quarter 2021 Earnings Release And CallDENVER, Oct. 14, 2021 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its third quarter 2021 financial and operating results after market on October 28, 2021. See schedule below: October 28, 2021 – After market close, the Company plans to issue its third quarter 2021 earnings release, a pre-recorded webcast discussion of the third quarter 2021 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at ir.sm-energy.com. October 29, 2021 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time for the third quarter 2021 financial and operating res
- SM Energy Reports Second Quarter 2021 Results: Cash Flow Beat, Production Outperformance And Lower Than Expected CapitalDENVER, July 29, 2021 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today 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 exceeded expectations due to outperformance from new wells and base production in the Austin Chalk. Capital expenditures reflected continued capital efficiencies with costs remaining at approximately $520 per lateral foot. Capital expenditures of $222.6 million adjusted for decreased capital accruals of $8.4 million totaled $214.2 million. Cash flows beat expectations. Net cash prov
- SM Energy Schedules Second Quarter 2021 Earnings Release And CallDENVER, July 19, 2021 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) today announces that it expects to release its second quarter 2021 financial and operating results after market on July 29, 2021. See schedule below: July 29, 2021 – After market close, the Company plans to issue its second quarter 2021 earnings release, a pre-recorded webcast discussion of the second quarter 2021 financial and operating results, and an associated presentation, all of which will be posted to the Company's website at ir.sm-energy.com. July 30, 2021 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time for the second quarter 2021 financial and operating results Q&A