SM Energy
News
Vital Energy’s 57 Miles of Completed Lateral: A Midland Mega-unit
Vital Energy’s 20-well unit in southwestern Glasscock County, Texas, is producing some 18,000 bbl/d from some 300,000 feet of horizontal hole — the equivalent of more than two marathons.
SM Energy Increases Quarterly Cash Dividend
SM Energy’s $0.18 per share dividend will be payable on Feb. 5, 2024, to stockholders on record by Jan. 19, 2024.
SM Energy Completes 20,000-acre Texas Acquisition
SM Energy completed an acquisition in cash of 20,000 net acres in various Texas counties.
Permian’s SM Energy Declares Quarterly Cash Dividend
SM Energy Co. announced on June 28 that its board approved a quarterly cash dividend of $0.15 per share of common stock outstanding payable in early August.
A&D Minute: More Oil and Gas Assets Trading Hands [WATCH]
In this week's A&D Minute, SM Energy expands in the Permian, CNX Resources offloads oil and gas interests to an undisclosed buyer and Riverbend Energy Group returns to the Williston.
SM Energy Bolts-on Midland Basin Acreage in Two Deals
SM Energy said it would acquire 20,000 net acres in Dawson and Martin counties, Texas, and disclosed an additional first quarter acquisition in the Midland Basin.
SM Energy Boosts Q4 Income But 2023 Guidance Underwhelms
Lower-than-estimated fourth-quarter oil production volumes are expected to stretch through 2023, while capex is expected to increase by over $200 million.