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	<title>Stock Blog Hub &#187; SM</title>
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	<description>Start Your Investing Research Here!</description>
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		<title>(RRC) Range Resources&#8217; Production Reaches New High</title>
		<link>http://www.stockbloghub.com/2012/01/18/rrc-range-resources-production-reaches-new-high/90432</link>
		<comments>http://www.stockbloghub.com/2012/01/18/rrc-range-resources-production-reaches-new-high/90432#comments</comments>
		<pubDate>Wed, 18 Jan 2012 20:40:55 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[EQT]]></category>
		<category><![CDATA[EQT Corporation]]></category>
		<category><![CDATA[Range Resources Corporation]]></category>
		<category><![CDATA[RRC]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>
		<category><![CDATA[Ultra Petroleum Corporation]]></category>
		<category><![CDATA[UPL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=90432</guid>
		<description><![CDATA[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 year-over-year as well as sequential basis to reach an average production volume of 625 million cubic feet of gas equivalent (Mmcfe) per day. Production for full-year 2011 climbed 12% compared to 14% in 2010 and averaged 554 Mmcfe per day. Despite the sale of Barnett assets in April 2011, Range saw the eighth consecutive year of double-digit production growth. The 12% production growth in 2011 would have been 36%, adjusting for the sale of the Barnett properties. Range also declared its preliminary natural gas, natural gas liquids (NGL’s) and oil price realizations (including the impact of cash-settled hedges ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/18/rrc-range-resources-production-reaches-new-high/90432/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SM) SM Energy Company &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2012/01/13/sm-sm-energy-company-bull-of-the-day/89981</link>
		<comments>http://www.stockbloghub.com/2012/01/13/sm-sm-energy-company-bull-of-the-day/89981#comments</comments>
		<pubDate>Fri, 13 Jan 2012 21:10:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=89981</guid>
		<description><![CDATA[We believe that SM Energy Company&#8217;s (SM) emerging core portfolio is a catalyst for visible organic growth over the next several years. The company&#8217;s earnings in the third quarter more than doubled from the prior-year, buoyed by higher operating income, increased production and recognition of a gain on divestiture activity. The company&#8217;s Eagle Ford and Bakken assets are key drivers of liquids growth. SM Energy has significant leasehold positions in the leading U.S. shale plays, including the Niobrara, Haynesville and Granite Wash, which we believe will provide the company with multiyear profitable drilling inventory. Considering these factors, we are maintaining our recommendation at Outperform. Our $94 price objective reflects a multiple of 13.3x the trailing the 12-month cash flow. SM ENERGY CO (SM): Free Stock Analysis Report To read this ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/01/13/sm-sm-energy-company-bull-of-the-day/89981/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RRC) Range Resources Beats Estimates &#8211; Raises Guidance</title>
		<link>http://www.stockbloghub.com/2011/10/28/rrc-range-resources-beats-estimates-raises-guidance/85994</link>
		<comments>http://www.stockbloghub.com/2011/10/28/rrc-range-resources-beats-estimates-raises-guidance/85994#comments</comments>
		<pubDate>Fri, 28 Oct 2011 15:52:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[EQT]]></category>
		<category><![CDATA[EQT Corporation]]></category>
		<category><![CDATA[Range Resources Corporation]]></category>
		<category><![CDATA[RRC]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>
		<category><![CDATA[Ultra Petroleum Corporation]]></category>
		<category><![CDATA[UPL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85994</guid>
		<description><![CDATA[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 earnings of 28 cents a share, beating the Zacks Consensus Estimate of 24 cents. Results also saw an almost two-fold growth from the year-earlier profit of 12 cents a share. Total revenue showed a 73.3% year-over-year improvement to $338.2 million. Operational Performance Production volume of 537.2 million cubic feet equivalent per day (MMcfe/d) in the third quarter jumped nearly 7% from the year-earlier level. Out of the total production volume, natural gas accounted for more than 76%, while natural gas liquids (NGLs) and oil contributed 17% and 7%, respectively. Natural gas and oil production increased more than 5% and 13% year over year, respectively, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/28/rrc-range-resources-beats-estimates-raises-guidance/85994/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SM) SM Energy Trims Eagle Ford Acres</title>
		<link>http://www.stockbloghub.com/2011/07/01/sm-sm-energy-trims-eagle-ford-acres/78143</link>
		<comments>http://www.stockbloghub.com/2011/07/01/sm-sm-energy-trims-eagle-ford-acres/78143#comments</comments>
		<pubDate>Fri, 01 Jul 2011 16:51:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Concho Resources Inc]]></category>
		<category><![CDATA[CXO]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>
		<category><![CDATA[Ultra Petroleum Corporation]]></category>
		<category><![CDATA[UPL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78143</guid>
		<description><![CDATA[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 &#38; Co. Ltd. Mitsui will pay $680 million for the prolific Eagle Ford acreage. Mitsui will carry 90% of SM Energy’s drilling and completion costs on its non-producing land until it has spent $680 million for the benefit of SM Energy. Additionally, it will pay between $20 million and $40 million as its share of SM Energy’s drilling costs incurred between March 1, 2011 and the closing date. The divestiture, which is expected to close during the third quarter of 2011, will reduce SM Energy&#8217;s acreage in the Shale to 46,000 net acres from 85,000 acres. Upon closure, the company’s ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(RRC) Range Resources Earnings Report Blows Past Estimates</title>
		<link>http://www.stockbloghub.com/2011/04/27/rrc-range-resources-earnings-report-blows-past-estimates/72560</link>
		<comments>http://www.stockbloghub.com/2011/04/27/rrc-range-resources-earnings-report-blows-past-estimates/72560#comments</comments>
		<pubDate>Wed, 27 Apr 2011 17:29:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[EQT]]></category>
		<category><![CDATA[EQT Corporation]]></category>
		<category><![CDATA[Range Resources Corporation]]></category>
		<category><![CDATA[RRC]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>
		<category><![CDATA[Ultra Petroleum Corporation]]></category>
		<category><![CDATA[UPL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=72560</guid>
		<description><![CDATA[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 cents. The outperformance was mainly attributable to record production level in the quarter with stellar results from its liquid-rich Marcellus shale, along with continuous divestment of its non-core properties. However, revenue plunged 37% year over year to $187.6 million, and remained well below the Zacks Consensus Estimate of $281 million. Operational Performance Range Resources reported a record production volume of 545.5 million cubic feet equivalent per day (MMcfe/d) in the first quarter. The quarter&#8217;s volume jumped 17% from the year-earlier level and increased marginally from the prior quarter. This marks the 33rd consecutive quarter of sequential production growth for the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/27/rrc-range-resources-earnings-report-blows-past-estimates/72560/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CHK) Chesapeake Energy Shale Joint Ventures Ahead</title>
		<link>http://www.stockbloghub.com/2010/10/03/chk-chesapeake-energy-shale-joint-ventures-ahead/52087</link>
		<comments>http://www.stockbloghub.com/2010/10/03/chk-chesapeake-energy-shale-joint-ventures-ahead/52087#comments</comments>
		<pubDate>Mon, 04 Oct 2010 05:45:33 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>
		<category><![CDATA[TOT]]></category>
		<category><![CDATA[Total SA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52087</guid>
		<description><![CDATA[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 Texas, according to an article published in Bloomberg. The company expects to announce a joint venture in about 30 days with an international company, as stated by chief executive officer Aubrey McClendon, at a investor conference of Barclays Capital, an arm of Barclays plc (BCS), in New York. Chesapeake’s finance chief also made a similar statement at a Credit Suisse Group AG (CS) conference, on September 15. According to the news website, those familiar with this development believe Reliance Industries Limited, India’s largest company by market value, is planning to invest in these shale gas assets. Moreover, Chesapeake ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/03/chk-chesapeake-energy-shale-joint-ventures-ahead/52087/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SM) St. Mary Land &amp; Exploration &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/02/28/sm-st-mary-land-exploration-bear-of-the-day/29119</link>
		<comments>http://www.stockbloghub.com/2010/02/28/sm-st-mary-land-exploration-bear-of-the-day/29119#comments</comments>
		<pubDate>Mon, 01 Mar 2010 04:33:59 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29119</guid>
		<description><![CDATA[We are initiating coverage on St. Mary Land &#38; Exploration (SM) with an Underperform recommendation and a target price of $30. Over the last few years, the company has been building a significant position in emerging shale plays in order to reposition it as more of a resource play focused company. To accelerate this initiative, it has recently sold its non-core Rocky Mountain properties. With an increasing spending on exploration and drilling program, the company is expecting 20% production growth this year. Given our cautious outlook for natural gas prices in the near to medium term, we believe all these positives may be drowned out as the company&#8217;s production profile is fairly natural gas weighted. Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/28/sm-st-mary-land-exploration-bear-of-the-day/29119/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SM) St. Mary Land &amp; Exploration Company Analyst Initiates Coverage at Underperform</title>
		<link>http://www.stockbloghub.com/2010/02/24/sm-st-mary-land-exploration-company-analyst-initiates-coverage-at-underperform/28903</link>
		<comments>http://www.stockbloghub.com/2010/02/24/sm-st-mary-land-exploration-company-analyst-initiates-coverage-at-underperform/28903#comments</comments>
		<pubDate>Wed, 24 Feb 2010 18:47:07 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28903</guid>
		<description><![CDATA[We recently initiated coverage on St. Mary Land &#38; 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 exploration, exploitation, development, acquisition and production of natural gas and crude oil in North America. The company witnessed a 13% decrease in production volumes in the fourth quarter. However, it managed to report better-than-expected earnings on the back of improved oil prices and cost reduction initiatives. St. Mary still faces the challenge of reversing its declining production trend despite the fact that it has turned the corner in several of its emerging unconventional growth opportunities. The company has recently sold its Rocky Mountain properties. This move is intended to fund its initiatives to build a significant ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/02/24/sm-st-mary-land-exploration-company-analyst-initiates-coverage-at-underperform/28903/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SM) St. Mary Land &amp; Exploration Offloads Rocky Holdings</title>
		<link>http://www.stockbloghub.com/2010/01/11/sm-st-mary-land-exploration-offloads-rocky-holdings/24646</link>
		<comments>http://www.stockbloghub.com/2010/01/11/sm-st-mary-land-exploration-offloads-rocky-holdings/24646#comments</comments>
		<pubDate>Mon, 11 Jan 2010 22:49:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Legacy Reserves Lp]]></category>
		<category><![CDATA[LGCY]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24646</guid>
		<description><![CDATA[St. Mary Land &#38; 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, St Mary sold acreage in Wyoming to Legacy Reserves LP (LGCY) for $130 million. The deal is expected to close in February this year. In the second transaction, the company sold its North Dakota properties to a private buyer for $137 million. This transaction is anticipated to close in March 2010. Both transactions are subject to customary purchase price adjustments and closing conditions. Finally, St Mary sold its entire stake in the Hanging Woman basin coalbed methane project in Wyoming and Montana to JM Huber Corp. for about $40 million. The sale was completed in December 2009. The company ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/11/sm-st-mary-land-exploration-offloads-rocky-holdings/24646/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(SM) St. Mary Land &amp; Exploration Hikes 2010 Capital Spending</title>
		<link>http://www.stockbloghub.com/2009/12/18/sm-st-mary-land-exploration-hikes-2010-capital-spending/23212</link>
		<comments>http://www.stockbloghub.com/2009/12/18/sm-st-mary-land-exploration-hikes-2010-capital-spending/23212#comments</comments>
		<pubDate>Sat, 19 Dec 2009 00:09:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23212</guid>
		<description><![CDATA[St. Mary Land &#38; 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, approximately 77% or $561 million is earmarked for exploration and drilling program. Of the total capex budget for exploration and drilling program, the company will deploy a significant portion (more than 54%) for its emerging resource plays such as Eagle Ford and Haynesville Shale. The company has chosen mainly internally generated cash flows and proceeds from the anticipated divestiture of non-core Rocky Mountain properties to fund its 2010 capex. If necessary, the company can also avail of its existing credit facility. St. Mary anticipates a 20% growth in December 2010 production volumes versus December 2009 volumes, after ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/18/sm-st-mary-land-exploration-hikes-2010-capital-spending/23212/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(SM) St. Mary Land &amp; Exploration Grows With Shale Plays</title>
		<link>http://www.stockbloghub.com/2009/11/25/sm-st-mary-land-exploration-grows-with-shale-plays/21243</link>
		<comments>http://www.stockbloghub.com/2009/11/25/sm-st-mary-land-exploration-grows-with-shale-plays/21243#comments</comments>
		<pubDate>Wed, 25 Nov 2009 18:59:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[SM]]></category>
		<category><![CDATA[St. Mary Land & Exploration Company]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21243</guid>
		<description><![CDATA[St. Mary Land &#38; 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 and impairments result in a reported net loss of 7 cents per diluted share. The results were driven by the company’s production performance and reduced costs. Revenues for the quarter were $185.8 million, down nearly 43% from the year-earlier level. St. Mary reported quarterly production of 26.4 billion cubic feet equivalent (Bcfe), down 5% year over year. However, volumes were within the company’s guidance range of 25.5 to 27.0 Bcfe. Production would have been down 2% year over year without accounting for the last year’s asset sale. Production was also sequentially down as a result of lower ]]></description>
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