SM Energy Company Stock News

DENVER , Sept. 26, 2024 /PRNewswire/ -- SM Energy Company (NYSE: SM) today announces that its Board of Directors approved the increased quarterly cash dividend of $0.20 per share of common stock outstanding.

SM Energy's oil production exceeding the midpoint of its Q2 2024 guidance by 6%. SM's Uinta Basin acquisitions are further adding to its oil production, and its oil cut should be over 50% in 2025 with close to 200,000 BOEPD total production. SM is projected to generate around $650 million in 2025 free cash flow at current high-$60s oil strip.

Oil prices have plunged due to recession fears, weak China demand, and OPEC's aggressive stance, making strong E&P companies a better investment than oil ETFs. SM Energy's acquisition of Uinta Basin assets extends its drilling inventory, positioning it as a long-term oil play with low breakeven prices. SM's robust balance sheet and strategic debt management make it an attractive investment, wit...

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.

The 200-day Simple Moving Average is an important technical indicator that can signal potential bullish sentiment and breakout opportunities for stocks. The 200-day SMA can also act as support or resistance levels for stocks, and can help signal potential entry and exit points for traders. SA Quant has identified 3 stocks trading near their 200-day SMAs, backed by solid fundamentals, including ...

SM Energy viewed as average producer, facing inventory concerns in Permian. SM Energy acquires Uinta Basin assets, making bold move to lead development in smaller region. Uinta Basin has potential to outperform Permian, but challenges include transportation costs and limited natural gas egress.

SM Energy Company (NYSE:SM ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Jennifer Martin Samuels - Vice President, Investor Relations Herbert Vogel - President and Chief Executive Officer Wade Pursell - Executive Vice President and Chief Financial Officer Conference Call Participants Gabe Daoud - TD Cowen Zach Parham - JPMorgan Neal Dingmann - Truist Securit...

SM Energy Company (NYSE:SM ) Q2 2024 Earnings Conference Call August 7, 2024 4:15 PM ET Company Participants Jennifer Martin Samuels - Vice President-Investor Relations and ESG Stewardship Herb Vogel - President and CEO Wade Pursell - CFO Conference Call Participants Jennifer Martin Samuels Good afternoon and welcome to SM Energy's Second Quarter 2024 Results Webcast. Before we get started on o...