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SM / SM Energy boosts dividend, sets $500 million stock repurchase program

SM Energy boosts dividend, sets $500 million stock repurchase program
SM Energy Co. SM, -1.57% announced Wednesday that it has raised the quarterly dividend to 15 cents a share, which compares with the last-paid dividend of 1 cent a share. Based on Tuesday's stock closing price of $42.58, the oil and gas production company's new annual dividend rate implies a dividend yield of 1.41%, compared with the yield for the SPDR Energy Select Sector ETF XLE, -0.93% of 3.54% and the implied yield for the S&P 500 SPX, -0.41% of 1.68%. Read More
Posted: Sep 7 2022, 07:16
Author Name: Market Watch
Views: 111776

SM News  

Earnings Estimates Moving Higher for SM Energy (SM): Time to Buy?

By Zacks Investment Research
November 3, 2023

Earnings Estimates Moving Higher for SM Energy (SM): Time to Buy?

SM Energy (SM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. more_horizontal

SM Energy (SM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Investment Research
November 2, 2023

SM Energy (SM) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for SM Energy (SM) give a sense of how the business performed in the quarter ended September 2023, it could be more_horizontal

SM Energy Co (SM) Q3 2023 Earnings Call Transcript

By Seeking Alpha
November 2, 2023

SM Energy Co (SM) Q3 2023 Earnings Call Transcript

SM Energy Co (NYSE:SM ) Q3 2023 Earnings Conference Call November 2, 2023 4:15 PM ET Company Participants Jennifer Samuels - VP, IR & ESG Stewardship more_horizontal

Why SM Energy (SM) Could Beat Earnings Estimates Again

By Zacks Investment Research
November 1, 2023

Why SM Energy (SM) Could Beat Earnings Estimates Again

SM Energy (SM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat more_horizontal

Here's Why You Should Invest in SM Energy (SM) Stock Right Now

By Zacks Investment Research
September 27, 2023

Here's Why You Should Invest in SM Energy (SM) Stock Right Now

SM Energy (SM) is in a strong position to capitalize on the favorable commodity price scenario due to its increasing focus on crude, specifically in t more_horizontal

Why Is SM Energy (SM) Up 13.4% Since Last Earnings Report?

By Zacks Investment Research
September 1, 2023

Why Is SM Energy (SM) Up 13.4% Since Last Earnings Report?

SM Energy (SM) reported earnings 30 days ago. What's next for the stock? more_horizontal

SM Energy (SM) Q2 Earnings Surpass Estimates

By Zacks Investment Research
August 2, 2023

SM Energy (SM) Q2 Earnings Surpass Estimates

SM Energy (SM) came out with quarterly earnings of $1.28 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings more_horizontal

SM Energy (SM) Raises Q2 Production Outlook, Lowers Capex View

By Zacks Investment Research
June 22, 2023

SM Energy (SM) Raises Q2 Production Outlook, Lowers Capex View

For the second quarter, SM Energy (SM) announces a 10% reduction in its capital budget (before acquisitions) from the previously mentioned mid-point o more_horizontal


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