SM Energy Co (NYSE: SM) — Company Overview, News & Financial Data
SM Energy Co is an independent energy company focused on developing crude oil and natural gas with a commitment to sustainability.
SM Energy Co
SM Energy Co is a crude oil, natural gas, and natural gas liquids exploration and production company operating in onshore basins across the United States. The company acquires, explores, develops, and produces liquid-rich oil and natural gas reserves. Its major operating assets are concentrated in resource plays including the Midland Basin within the Permian Basin, the Eagle Ford Shale and Austin Chalk in South Texas, the Uinta Basin, and the DJ Basin. SM Energy Co focuses on generating free cash flow and maintaining resource production through horizontal drilling technology and completion techniques across its North American asset footprint.
Snapshot
Operations
Products and/or services of SM Energy Co
- Crude Oil Production: Exploration, development, and horizontal drilling operations focused on the extraction and commercial delivery of crude oil. Crude oil sales constitute the primary source of revenue from hydrocarbon production across operations in multiple North American basins.
- Natural Gas Liquids Production: Recovery and sale of natural gas liquids including ethane, propane, iso-butane, normal butane, and natural gasoline. These liquid hydrocarbons are separated during field processing and gas processing plant operations to maximize total stream value.
- Natural Gas Production: Production, gathering, and marketing of natural gas streams from unconventional shale and tight sand formations. Gas output is transported through regional gathering networks and processing facilities to major regional interstate pipeline interconnects.
- Permian Basin Operations: Hydrocarbon exploration, horizontal drilling, and development activities across approximately 240,000 net acres located in West Texas. Asset operations focus on oil and liquids-rich resource targets within the Midland Basin multi-pay rock zones.
- South Texas Operations: Development and extraction of crude oil, condensate, and natural gas across approximately 155,000 net acres. Operations target organic shale formations within the Eagle Ford Shale and Austin Chalk trends in South Texas.
- Uinta and DJ Basin Operations: Exploration and production of oil and natural gas reserves spanning approximately 340,000 net acres in the DJ Basin and approximately 62,000 net acres within the Uinta Basin unconventional resource plays.
SM Energy Co executive team
- Mr. Herbert S. VogelCEO & Director
- Ms. Elizabeth Anne McDonaldPresident & COO
- Mr. A. Wade PursellExecutive VP & CFO
- Mr. James B. LebeckExecutive Vice President of Corporate Development & General Counsel
- Mr. Alan D. BennettVP, Controller & Principal Accounting Officer
- Mr. Dean A. LuteySenior VP & Chief Information Officer
- Ms. Julie T. GrayVice President of Marketing
- Mr. Jason S. SandsVice President of Human Resources
- Mr. Patrick Allen LytleSenior Vice President of Finance
- Mr. Richard A. JenkinsSenior Vice President of Utah