SM Energy Announces Operations Update - Increasing Production Guidance And Positive Early Viper Well Results
SM Energy Company (SM)
Last sm energy company earnings: 2/19 04:15 pm
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US:NYSE Investor Relations:
ir.sm-energy.com
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Source: PR Newswire
DENVER, June 6, 2017 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE:SM) announced today it is increasing production guidance by approximately 0.4 MMBoe, all of which is attributable to the second quarter of 2017, due to acceleration of completion activity at its core Eagle Ford program. The pace of completions in the Eagle Ford was accelerated during the quarter by 11 wells. The Company has completed 31 wells in its Eagle Ford program year-to-date and the current full year plan is to complete 39 wells. Production guidance is revised to 10.7-11.1 MMBoe for the second quarter and 43.2-46.2 MMBoe for the full year 2017. President and Chief Executive Officer Jay Ottoson comments: "Due to the favorable terms and performance under our pumping services agreement for the Eagle Ford, we are pleased to accelerate this activity, which we believe will result in higher cash flow and capital cost savings in 2017.""I would also like to add that production from our hig
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News
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SM
Earnings
- 2/21/24 - Beat
SM
Sec Filings
- 4/4/24 - Form DEF
- 4/4/24 - Form DEFA14A
- 3/21/24 - Form 4
- SM's page on the SEC website