All Posts Tagged With: "SM"
(RRC) Range Resources’ Production Reaches New High
In an interim update, independent oil and gas operator, Range Resources Corporation (RRC) announced that it achieved record production in the fourth quarter of 2011. The production increased 16% on both a...
(SM) SM Energy Company – Bull of the Day
We believe that SM Energy Company’s (SM) emerging core portfolio is a catalyst for visible organic growth over the next several years. The company’s earnings in the third quarter more than doubled...
(RRC) Range Resources Beats Estimates – Raises Guidance
Range Resources Corp. (RRC) has reported stellar third-quarter 2011 results, buoyed by higher production level and realized prices along with lower unit costs. The company posted adjusted...
(SM) SM Energy Trims Eagle Ford Acres
U.S. oil and gas development company, SM Energy Company (SM) will sell a 12.5% working interest in its non-operated Eagle Ford Shale acreage in Texas to a subsidiary of Mitsui & Co. Ltd.
Mitsui will...
(RRC) Range Resources Earnings Report Blows Past Estimates
Range Resources Corp. (RRC) reported better-than-expected adjusted first-quarter 2011 earnings of 22 cents per share compared with the Zacks Consensus Estimate of 5 cents and the year-earlier profit of 16...
(CHK) Chesapeake Energy Shale Joint Ventures Ahead
Chesapeake Energy Corporation (CHK) is looking forward to more shale joint ventures (JVs) ahead. The third-largest U.S. natural gas producer is expecting its next JV for its Eagle Ford properties in south...
(SM) St. Mary Land & Exploration – Bear of the Day
We are initiating coverage on St. Mary Land & Exploration (SM) with an Underperform recommendation and a target price of $30.
Over the last few years, the company has been building a significant...
(SM) St. Mary Land & Exploration Company Analyst Initiates Coverage at Underperform
We recently initiated coverage on St. Mary Land & Exploration Co. (SM) with an Underperform recommendation and a target price of $30.
St. Mary is an independent oil and gas company engaged in the...
(SM) St. Mary Land & Exploration Offloads Rocky Holdings
St. Mary Land & Exploration Co. (SM) has entered into three different transactions to sell its non-core Rocky Mountain properties for a total consideration of $307 million.
In the first transaction,...
(SM) St. Mary Land & Exploration Hikes 2010 Capital Spending
St. Mary Land & Exploration Co. (SM) released its initial capital expenditure (capex) budget and production guidance for 2010. The Board of Directors has approved a total capex of $725 million. Of this,...
(SM) St. Mary Land & Exploration Grows With Shale Plays
St. Mary Land & Exploration Co. (SM) reported third-quarter earnings of 23 cents per share, beating the Zacks Consensus Estimate of 19 cents but down from the year-earlier earnings of $1.20. Non-cash charges...