SM News and Press, SM Energy Company From 06/23/22

The following slide deck was published by SM Energy Company in conjunction with this event. For further details see: SM Energy (SM) Presents At BofA Securities Energy Credit Conference - Slideshow

SM may be able to generate over $1.2 billion in positive cash flow in 2022. This would help it reduce its leverage to 0.3x by the end of the year. It may also be able to redeem its remaining 2025 and 2026 notes, reducing its interest costs to approximately $54 million per year. ...

Slowdown of Russian gas shipments to Europe making friendly European natural gas supplies absolutely crucial. Freeport LNG shutdown for at least 90 days spikes pricing in Europe's already undersupplied natural gas markets. This quarter should break another cash flow record. St...

The following slide deck was published by SM Energy Company in conjunction with this event. For further details see: SM

Exxon Mobil (NYSE:XOM) closed +4.6% in Tuesday's trading to easily breach $100 and reach its highest level in eight years, closing less than a dollar from its all-time closing high of $104.38 set on June 23, 2014. Exxon (XOM) enjoyed some Wall Street love from Evercore ISI, which upgraded the...

US natural gas (UNG) prices rose more than 9.0% in early trading Monday, as the market continued to search for a price to balance supply and demand. WTI (CL1:COM) for July 2022 delivery is now trading at ~$119/b; however, pre-pandemic, WTI (CL1:COM) for July 2022 delivery was tradin...

Energy (NYSEARCA:XLE) led the week's S&P sector standings, +8.2%, as U.S. crude oil climbed to its highest level in more than 11 weeks with continued signs of tight fuel inventories as summer driving season begins this Memorial Day weekend. "You have to assume that things will get worse,"...

Natural gas (UNG) has been on a tear in 2022; in the middle of shoulder season, Henry Hub (NG1:COM) is up 135% from January levels, and almost 200% from the year-ago period. However, looking at the equities, it would be tough to tell; oil prices (CL1:COM) are up ~50% ytd, and yet oil equ...

SM ENERGY ANNOUNCES PARTICIPATION IN UPCOMING INVESTOR CONFERENCES PR Newswire DENVER , May 23, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) intends to participate in the following upcoming investor conferences and plans to post inves...

Over the past month, energy commodity prices built on year-to-date gains. However, not all energy equities participated, and the laggards could surprise market observers. Brent oil (CO1:COM) rose 2% over the past month and is up ~46% ytd. US natural gas (NG1:COM) prices rose 9% over the past ...