Monday, April 6, 2026
North Dakota Production

SM Energy Announces $172.5 Million in Divestitures

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

Which E&Ps are Paying Dividends?

Many energy companies have elected to reduce or suspend dividends over the course of 2015, but not everyone. On March 29, 2016, SM Energy (ticker: SM; SM-Energy.com) announced that the board of directors had approved a semi-annual cash dividend of $0.05 per common share of stock outstanding. This equates to a $0.10 yearly dividend, and a dividend yield of 0.53%