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SM Energy ( (SM) ) has issued an update.
SM Energy reported record operational and financial results for 2024, with a 23% increase in oil production and a 12% rise in net proved reserves. The company outlined a transformative 2025 plan, highlighting substantial production growth through the integration of Uinta Basin assets and a focus on capital efficiency. SM Energy also announced leadership changes, including the retirement of Jennifer Martin Samuels and the appointment of new senior executives, effective March 2025, aimed at supporting its strategic goals.
More about SM Energy
SM Energy Company is a key player in the energy industry, primarily focusing on the exploration and production of oil and natural gas. The company operates in significant regions including South Texas, the Midland Basin, and the Uinta Basin, and is known for its strategic acquisitions and its commitment to operational efficiency and sustainable shareholder returns.
YTD Price Performance: 0.13%
Average Trading Volume: 1,367,613
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.42B
See more data about SM stock on TipRanks’ Stock Analysis page.