Current SM Stock Info

SM Energy plans to use the proceeds to improve liquidity
Denver-based SM Energy Company (ticker: SM) announced today that the company has entered into two agreements to divest non-core assets for a combined price of $172.5 million. The transactions are expected to close late in the third quarter of 2016, according to the company’s press release.

One of the two packages sold is composed primarily of waterflood assets in New Mexico, while the second package includes producing assets in North Dakota and Montana. Year-end 2015 net proved reserv...

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