SM Energy
| Public limited company | |
| Traded as | NYSE: SM |
| Industry | Oil & Gas Exploration and Production |
| Founded | 1908 as St. Mary Parish Land Co[1] |
| Headquarters | Denver, Colorado |
Key people |
Anthony J. Best (CEO) |
| Total assets |
 US$ 4.705 billion (2013) [2] |
| Total equity |
US$ 1.606 billion (2013) [3] |
| Website |
www |
SM Energy Co. is an oil and gas exploration and production company with major operation in the North America. The business of the company mainly focuses on onshore North America, including South Texas and Gulf Coast Region, Rocky Mountain Region, Mid-Continent Region, ArkLaTex Region and Permian Region.[4]
Development
In 1908, the company was founded.[5]
In 1915, the company was corporated.[6]
In 1992, the company completed the initial public offering and became a public company.[7]
In December 2011, the Company closed on its acquisition and development agreement with Mitsui E&P Texas LP (Mitsui), an indirect subsidiary of Mitsui & Co. Ltd., which transferred 12.5% of its working interest in certain non-operated oil and gas assets in South Texas. [8]
In December 2013, SM Energy Co announced that it had closed its previously announced Anadarko Basin divestiture package with receiving total proceeds of approximately $329 million, which will provide additional liquidity to fund the Company’s 2014 capital program.[9]
References
- ↑ Time of foundation
- ↑ http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9794537-222007-232104&type=sect&TabIndex=2&companyid=5351&ppu=%252fdefault.aspx%253fsym%253dSM
- ↑ http://google.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9794537-222007-232104&type=sect&TabIndex=2&companyid=5351&ppu=%252fdefault.aspx%253fsym%253dSM
- ↑ http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=SM
- ↑ http://sm-energy.com/about-us/
- ↑ http://sm-energy.com/about-us/
- ↑ http://sm-energy.com/about-us/
- ↑ "Acquisition of Mitsui E&P Texas".
- ↑ "Closing of Anadarko Basin Divestiture Package".