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SM Energy (SM) is a US petroleum and gas company with their head office located in Denver, Colorado. The company’s assets are concentrated in North America and spread across three regions: Gulf Coast and South Texas, Permian Basin and Rocky Mountains that encompasses assets in Powder River Basin, Bakken Formation and Three Forks Shale. The company was established in 1908. SM Energy’s history of acquisitions includes Rock Oil Holdings, assets in the Williston Basin, acres in Bakken Formation, etc. The company employs 607 people and its annual production equals to 55.3 MMboe. The company’s shares are listed on the New York Stock Exchange (NYSE). To learn the latest SM Energy share price, follow Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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