13 Feb 2019substantial holder notice● Neutral
Sunil Jagwani, Millinvest, Ltd disclosed a new substantial SM Energy Co shareholding (5.30% of votes).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
11 Feb 2019substantial holder notice● Neutral
The Vanguard Group reported a SM Energy Co shareholding of 11,137,201 shares (9.93% of votes) in a periodic institutional filing.
6 Feb 2019substantial holder notice● Neutral
BlackRock, Inc reported a SM Energy Co shareholding of 9,335,812 shares (8.30% of votes) in a periodic institutional filing.
30 Jan 2019substantial holder notice● Neutral
QStar LLC, EnCap Energy Capital Fund IX, L.P, EnCap Partners GP, LLC reported a SM Energy Co shareholding of 5,971,610 shares (5.30% of votes) in a periodic institutional filing.
9 Jan 2019substantial holder notice● Neutral
Cognizant Holdings, Ltd, Integrated Assets, Ltd, ICS Opportunities, Ltd, Millennium International Management LP, Millennium Management LLC, Millennium Group Management LLC, Israel A. Englander reported a SM Energy Co shareholding of 8,802,234 shares (7.80% of votes) in a periodic institutional filing.
13 Nov 2018substantial holder notice● Neutral
The Vanguard Group reported a SM Energy Co shareholding of 11,373,919 shares (10.14% of votes) in a periodic institutional filing.
2 Nov 2018quarterly activities report▼ Bad
SM Energy Co reported quarterly revenue of $459.4 million and a net loss of $135.9 million for the period ended 2018-09-30.
1 Nov 2018quarterly activities report▼ Bad
SM Energy issued a press release with its third quarter 2018 results and an operational update. It posted an investor presentation and pre-recorded call, with a live Q&A call set for November 2, 2018.
18 Oct 2018quarterly activities report▼ Bad
SM Energy issued a third quarter 2018 preview press release. It said it would release full results after market close on November 1, 2018, with a conference call on November 2.
4 Oct 2018debt financing● NeutralMajor
SM Energy replaced its credit agreement with a new $2.5 billion senior secured facility (initial lender commitments of $1.0 billion), secured by substantially all of its proved oil and gas properties.
20 Aug 2018material agreement● Neutral
SM Energy closed its $500 million offering of 6.625% Senior Notes due 2027 and used the proceeds to tender for its 6.5% Notes due 2023 and part of its 6.125% Notes due 2022.
7 Aug 2018material agreement● Neutral
SM Energy priced $500 million of 6.625% Senior Notes due 2027 at par. It planned to use the proceeds to fund a cash tender offer for all its 6.500% notes due 2023 and up to $85 million of its 6.125% notes due 2022.
7 Aug 2018securities registration● Neutral
SM Energy Co filed a prospectus supplement for an offering off its existing shelf.
6 Aug 2018securities registration● Neutral
SM Energy Co filed a free-writing prospectus - marketing material for an offering in progress.
6 Aug 2018securities registration● Neutral
SM Energy Co filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
6 Aug 2018securities registration● Neutral
SM Energy Co filed a prospectus supplement for an offering off its existing shelf.
2 Aug 2018quarterly activities report● Neutral
SM Energy Co reported quarterly revenue of $443.9 million and net income of $17.2 million for the period ended 2018-06-30.
1 Aug 2018quarterly activities report● Neutral
SM Energy announced its second quarter 2018 results and an operational update in a press release on August 1, 2018, with a pre-recorded call and a Q&A conference call on August 2.
19 July 2018quarterly activities report● Neutral
SM Energy issued a second quarter 2018 preview press release and said it would release full results after market close on August 1, 2018, with a conference call on August 2.
19 June 2018debt financing▲ Good
SM Energy called for redemption all of the roughly $344.6 million outstanding 6.500% Senior Notes due 2021 at 102.167% of principal, with redemption set for July 16, 2018. It expected to pay with cash on hand.
31 May 2018asset acquisition disposition▲ GoodMajor
SM Energy completed the sale of its last Williston Basin acreage, in Divide County, North Dakota, to Petro-Hunt for $160.9 million, finishing its multi-year exit from the Rockies/Bakken, and also divested a small Midland Basin package.
29 May 2018agm notice● Neutral
At the May 22, 2018 annual meeting, SM Energy stockholders re-elected all eight directors, ratified Ernst & Young as auditor, approved executive pay in a non-binding vote (61.3 million for, 21.0 million against), and approved the amended Equity Incentive Compensation Plan.
14 May 2018agm notice● Neutral
SM Energy filed its May 2018 investor presentation as proxy material, defending its executive pay and equity plan amendment ahead of the annual meeting. It highlighted its Midland Basin and Eagle Ford focus and asset divestitures.
11 May 2018agm notice● Neutral
SM Energy urged stockholders to vote for the executive-pay advisory vote (Proposal 3) and the amended equity plan, adding 3.4 million shares (Proposal 4), at the May 22, 2018 meeting. It rebutted ISS's recommendation to vote against both.
4 May 2018quarterly activities report● Neutral
SM Energy Co reported quarterly revenue of $769.6 million and net income of $317.4 million for the period ended 2018-03-31.
3 May 2018quarterly activities report● Neutral
SM Energy announced its first quarter 2018 results and an operational update by press release on May 3, 2018, with a conference call scheduled for May 4.
17 Apr 2018quarterly activities report● Neutral
SM Energy issued a first quarter 2018 preview and said it would release full results after market close on May 3, 2018, with a conference call on May 4.
12 Apr 2018agm notice● Neutral
SM Energy filed its proxy statement for the 22 May 2018 annual meeting, asking shareholders to elect eight directors, ratify Ernst & Young as auditor, hold an advisory pay vote, and approve raising the equity plan share limit from 14.1 million to 17.5 million.
14 Feb 2018substantial holder notice● Neutral
Capital Research Global Investors ** reported a SM Energy Co shareholding of 8,668,331 shares (7.70% of votes) in a periodic institutional filing.
14 Feb 2018substantial holder notice● Neutral
CAUSEWAY CAPITAL MANAGEMENT LLC, TIN # reported a SM Energy Co shareholding of 8,634,955 shares (7.74% of votes) in a periodic institutional filing.