SM SM Energy

SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in the state of Texas.
Company profile
Ticker
SM
Exchange
Website
CEO
Javan Ottoson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
ST MARY LAND & EXPLORATION CO
SEC CIK
Corporate docs
IRS number
410518430
SM stock data
()
News
Keybanc Maintains Overweight on SM Energy, Raises Price Target to $28
9 Apr 21
Let's Take A Look At This Weeks Top Performing Sectors
7 Apr 21
Mid-Morning Market Update: Markets Edge Higher; Paychex Profit Tops Views
6 Apr 21
Let's Take A Look At This Weeks Top Performing Sectors
25 Mar 21
50 Biggest Movers From Friday
22 Mar 21
Press releases
SM Energy Declares Semi-Annual Cash Dividend
8 Apr 21
SM Energy Reports 2020 Results And 2021 Operating Plan, Cash Flow And Debt Reduction Exceeded Expectations
17 Feb 21
SM Energy Announces Posting Of Its Responses To The 2020 CDP Climate Change Questionnaire And Schedules Its Fourth Quarter And Full Year 2020 Earnings Release And Call
8 Feb 21
Calendar
18 Feb 21
13 Apr 21
31 Dec 21
Financial summary
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Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Annual (USD) |
Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Financial data from SM Energy earnings reports.
Cash burn rate (estimated) | Burn method: Change in cash | Burn method: Operating income/loss | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10K | 10K | 10K | 10K | 10K | 10K |
Cash burn (monthly) | (positive/no burn) | (positive/no burn) | 66.2M | 95.29M | (positive/no burn) | (positive/no burn) |
Cash used (since last report) | n/a | n/a | 228.69M | 329.17M | n/a | n/a |
Cash remaining | n/a | n/a | -228.68M | -329.16M | n/a | n/a |
Runway (months of cash) | n/a | n/a | -3.5 | -3.5 | n/a | n/a |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Feb 21 | Robeson Rose M | Common Stock, $.01 Par Value | Sell | Dispose S | No | No | 12.96 | 4,000 | 51.84K | 66,328 |
21 Dec 20 | Herbert S Vogel | RSU Common Stock, $.01 Par Value | Grant | Aquire A | No | No | 0 | 197,324 | 0 | 197,324 |
21 Dec 20 | David W Copeland | RSU Common Stock, $.01 Par Value | Grant | Aquire A | No | No | 0 | 39,716 | 0 | 39,716 |
21 Dec 20 | Knott Kenneth J. | RSU Common Stock, $.01 Par Value | Grant | Aquire A | No | No | 0 | 22,993 | 0 | 22,993 |
21 Dec 20 | David J. Whitcomb | RSU Common Stock, $.01 Par Value | Grant | Aquire A | No | No | 0 | 13,169 | 0 | 13,169 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
75.6% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 176 |
Opened positions | 37 |
Closed positions | 24 |
Increased positions | 56 |
Reduced positions | 51 |
13F shares |
Current |
---|---|
Total value | 5.59B |
Total shares | 86.7M |
Total puts | 850.9K |
Total calls | 1.25M |
Total put/call ratio | 0.7 |
Largest owners |
Shares | Value |
---|---|---|
BLK Blackrock | 16.65M | $101.9M |
Maple Rock Capital Partners | 8.91M | $54.54M |
Vanguard | 8.89M | $54.44M |
STT State Street | 6.26M | $38.33M |
D. E. Shaw & Co. | 3.33M | $20.38M |
Parametric Portfolio Associates | 2.08M | $12.73M |
Geode Capital Management | 1.98M | $12.1M |
Millennium Management | 1.69M | $10.36M |
Dimensional Fund Advisors | 1.64M | $10.01M |
Arrowstreet Capital, Limited Partnership | 1.58M | $9.69M |
Financial report summary
?Competition
Sanchez EnergyManagement Discussion
- We remain focused on maximizing returns and increasing the value of our top tier Midland Basin and South Texas assets. We expect to do this through continued development optimization of our Midland Basin assets and through further development of our Austin Chalk formation in South Texas. We believe our assets provide strong returns and are capable of providing for growth of
- internally generated cash flows while allowing for flexibility of production levels, which aligns with our priorities of improving leverage metrics and maintaining strong financial flexibility.
- The financial results and operational activities discussed throughout this report reflect the impacts of the Pandemic during 2020, and the misalignment of supply and demand caused by competition among oil producing nations for crude oil market share during the first half of 2020. We will continue to monitor the macroeconomic environment and maintain flexibility to adjust our financial and operational plans as warranted.
Content analysis
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Readability |
H.S. sophomore Avg
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Financial reports
10-K
2020 FY
Annual report
18 Feb 21
10-Q
2020 Q3
Quarterly report
30 Oct 20
10-Q
2020 Q2
Quarterly report
31 Jul 20
10-Q
2020 Q1
Quarterly report
29 Apr 20
10-K
2019 FY
Annual report
20 Feb 20
10-Q
2019 Q3
Quarterly report
1 Nov 19
10-Q
2019 Q2
Quarterly report
2 Aug 19
10-Q
2019 Q1
Quarterly report
2 May 19
10-K
2018 Q4
Annual report
21 Feb 19
10-Q
2018 Q3
Quarterly report
2 Nov 18
Current reports
8-K
Departure of Directors or Certain Officers
25 Mar 21
8-K
Regulation FD Disclosure
1 Mar 21
8-K
SM Energy Reports 2020 Results and 2021 Operating Plan Cash Flow and Debt Reduction Exceeded Expectations
17 Feb 21
8-K
SM Energy Announces Reaffirmation of Borrowing Base
16 Nov 20
8-K
Results of Operations and Financial Condition
29 Oct 20
8-K
SM Energy Announces Participation In Upcoming Investor Meetings
22 Sep 20
8-K
Other Events
15 Sep 20
8-K
SM Energy Reports Second Quarter 2020 Results
30 Jul 20
8-K
SM Energy Company Announces Planned
23 Jul 20
8-K
Entry into a Material Definitive Agreement
17 Jun 20
Registration and prospectus
S-8
Registration of securities for employees
7 Aug 18
424B5
Prospectus supplement for primary offering
7 Aug 18
FWP
Free writing prospectus
6 Aug 18
424B5
Prospectus supplement for primary offering
6 Aug 18
S-3ASR
Automatic shelf registration
6 Aug 18
S-8
Registration of securities for employees
3 Aug 17
424B7
Prospectus with selling stockholder info
20 Mar 17
S-3ASR
Automatic shelf registration
20 Mar 17
424B5
Prospectus supplement for primary offering
4 Dec 16
424B5
Prospectus supplement for primary offering
30 Nov 16
Proxies
DEFR14A
Revised proxy
28 Apr 20
DEFA14A
Additional proxy soliciting materials
17 Apr 20
DEF 14A
Definitive proxy
17 Apr 20
PRE 14A
Preliminary proxy
7 Apr 20
DEF 14A
Definitive proxy
15 Apr 19
DEFA14A
Additional proxy soliciting materials
14 May 18
DEFA14A
Additional proxy soliciting materials
11 May 18
DEF 14A
Definitive proxy
11 Apr 18
DEF 14A
Definitive proxy
12 Apr 17
DEFA14A
Additional proxy soliciting materials
10 May 16
Other
UPLOAD
Letter from SEC
7 Oct 19
CORRESP
Correspondence with SEC
23 Sep 19
UPLOAD
Letter from SEC
12 Sep 19
UPLOAD
Letter from SEC
5 Dec 16
CORRESP
Correspondence with SEC
27 Oct 16
UPLOAD
Letter from SEC
13 Oct 16
CORRESP
Correspondence with SEC
1 Aug 16
UPLOAD
Letter from SEC
18 Jul 16
CT ORDER
Confidential treatment order
5 Nov 15
EFFECT
Notice of effectiveness
3 Jun 15
Ownership
4
SM Energy / ROSE M ROBESON ownership change
25 Feb 21
SC 13G
SM Energy / Maple Rock Capital Partners ownership change
16 Feb 21
SC 13G/A
SM Energy / DIMENSIONAL FUND ADVISORS ownership change
12 Feb 21
SC 13G
SM Energy / STATE STREET ownership change
10 Feb 21
SC 13G/A
SM Energy / VANGUARD ownership change
10 Feb 21
SC 13G/A
SM Energy / BlackRock ownership change
5 Feb 21
4
SM Energy / Patrick A Lytle ownership change
22 Dec 20
4
SM Energy / David J. Whitcomb ownership change
22 Dec 20
4
SM Energy / Mary Ellen Lutey ownership change
22 Dec 20
4
SM Energy / A WADE PURSELL ownership change
22 Dec 20
Transcripts
2020 Q4
Earnings call transcript
18 Feb 21
2020 Q3
Earnings call transcript
30 Oct 20
2020 Q2
Earnings call transcript
31 Jul 20
2020 Q1
Earnings call transcript
7 May 20
2019 Q4
Earnings call transcript
20 Feb 20
2019 Q3
Earnings call transcript
1 Nov 19
2019 Q2
Earnings call transcript
2 Aug 19
2019 Q1
Earnings call transcript
2 May 19
2018 Q4
Earnings call transcript
21 Feb 19
2018 Q3
Earnings call transcript
2 Nov 18
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