25 Aug 2015director interest notice● Neutral
SM Energy Co President & CEO Javan D Ottoson received a stock option grant for 17,155 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
25 Aug 2015director interest notice● Neutral
SM Energy Co EVP, GC & Corp. Sec. David W Copeland received a stock option grant for 4,003 shares.
25 Aug 2015director interest notice● Neutral
SM Energy Co Sr. VP & Regional Manager Lehman E Newton III received a stock option grant for 2,230 shares.
25 Aug 2015director interest notice● Neutral
SM Energy Co Sr. VP & Regional Manager Mary Ellen Lutey received a stock option grant for 3,374 shares.
25 Aug 2015director interest notice● Neutral
SM Energy Co VP-Marketing David J. Whitcomb received a stock option grant for 1,430 shares.
25 Aug 2015director interest notice● Neutral
SM Energy Co VP, Controller & Asst. Sec. Mark T Solomon received a stock option grant for 1,430 shares.
25 Aug 2015director interest notice● Neutral
SM Energy Co EVP & CFO A Wade Pursell received a stock option grant for 9,292 shares.
29 July 2015quarterly activities report● Neutral
SM Energy announced second quarter 2015 results, reporting a net loss of $57.5 million and net cash from operating activities of $265.6 million.
29 July 2015quarterly activities report● Neutral
SM Energy Co reported quarterly revenue of $516.1 million for the period ended 2015-06-30.
10 June 2015securities registration● Neutral
SM Energy Co filed the final prospectus for a registered offering.
28 May 2015debt financing▼ Bad
The amendment moved the debt picture on a quarter, and it had moved: total consolidated borrowings rose from about $2.4 billion at the end of 2014 to about $2.6 billion at 31 March 2015, with drawings under the credit facility up from $166.0 million to $416.5 million and the room to add secured debt down from $1,333.2 million to $1,082.7 million. The exchange offer terms are unchanged; what changed is the balance sheet the notes sit on.
27 May 2015debt financing● NeutralMajor
SM Energy amended its credit agreement so its borrowing base would not be cut for the 2025 Senior Notes that are not Permitted Refinancing Debt, or for its pending Mid-Continent divestitures. The amendment also reduced the title information requirement to 63.75% of the borrowing base.
22 May 2015agm notice● Neutral
SM Energy Co shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
21 May 2015debt financing● Neutral
SM Energy closed its $500 million offering of 5.625% Senior Notes due 2025, funding the planned tender for its 6.625% Notes due 2019.
8 May 2015material agreement● Neutral
SM Energy agreed to sell $500 million of new 5.625% Senior Notes due 2025, with proceeds earmarked to tender for its 6.625% Notes due 2019 and pay down its credit facility.
8 May 2015securities registration● Neutral
SM Energy Co filed the final prospectus for a registered offering.
7 May 2015securities registration● Neutral
SM Energy Co filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
7 May 2015securities registration● Neutral
SM Energy filed a preliminary prospectus supplement for a $400 million offering of Senior Notes due 2025 under its existing shelf registration. The filing also referenced a planned tender offer or redemption of its 6.625% Senior Notes due 2019.
7 May 2015securities registration● Neutral
SM Energy Co filed a free-writing prospectus - marketing material for an offering in progress.
6 May 2015quarterly activities report● Neutral
SM Energy Co reported quarterly revenue of $365.9 million for the period ended 2015-03-31.
6 May 2015quarterly activities report● Neutral
SM Energy filed an 8-K furnishing its May 5, 2015 first-quarter results press release, which also announced agreements to divest Mid-Continent assets and raised production guidance on retained properties.
28 Apr 2015debt financing● Neutral
SM Energy filed to register an exchange offer swapping its privately placed 6.125% Senior Notes due 2022 for SEC-registered notes with identical terms.
9 Apr 2015agm notice● Neutral
SM Energy Co announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
9 Apr 2015agm notice● Neutral
SM Energy filed its proxy statement for the May 19, 2015 annual meeting. Stockholders were asked to elect nine directors, ratify Ernst & Young as auditor for 2015, and hold an advisory vote on executive pay.
3 Mar 2015director interest notice● Neutral
SM Energy Co director John M Seidl sold 3,500 shares at $46.78.
11 Feb 2015substantial holder notice● Neutral
The Vanguard Group reported a SM Energy Co shareholding of 4,917,190 shares (7.29% of votes) in a periodic institutional filing.
30 Jan 2015substantial holder notice● Neutral
Artisan Partners Limited Partnership, Artisan Investments GP LLC, Artisan Partners Holdings LP, Artisan Partners Asset Management Inc. disclosed a new substantial SM Energy Co shareholding (6.30% of votes).
23 Jan 2015substantial holder notice● Neutral
BlackRock, Inc reported a SM Energy Co shareholding of 5,326,737 shares (7.90% of votes) in a periodic institutional filing.
30 Dec 2014director interest notice● Neutral
SM Energy Co EVP & CFO A Wade Pursell gifted 625 shares.
16 Dec 2014debt financing▲ Good
SM Energy amended its credit agreement to extend its maturity to December 2019, raise lender commitments to $1.5 billion, and lower its borrowing costs.