Detail akcie SM Energy online

Business Summary: SM Energy Company s an independent energy company. The Company is engaged in the acquisition, exploration, development, and production of oil, gas, and natural gas liquid (NGL) in the state of Texas. The Company’s asset portfolio is comprised of assets in the Midland Basin of West Texas and in the Maverick Basin of South Texas. The Company’s Midland Basin assets are located in the Permian Basin in West Texas is comprised of approximately 110,000 net acres and include its RockStar assets in Howard and Martin Counties, Texas, its Sweetie Peck assets in Upton and Midland Counties, and Klondike assets in Dawson and northern Martin counties (Midland Basin). Its South Texas assets are comprised of approximately 155,000 net acres located in Dimmit and Webb Counties, Texas (South Texas). The Company’s operations in South Texas are focused on production from the Eagle Ford shale formation and Austin Chalk formation, and further development of the Austin Chalk formation.
Financial Summary: BRIEF: For the three months ended 31 March 2024, SM Energy Co revenues decreased 2% to $559.9M. Net income decreased 34% to $131.2M. Revenues reflect Other operating income decrease of 90% to $274K. Net income also reflects Net derivative (gain) loss increase from $51.3M (income) to $28.1M (expense), Depletion, depreciation, amortization increase of 8% to $166.2M (expense), Other non-operating expense decrease from $4.5M (income) to $24K (expense).