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Stock Market & Financial Investment News

News Breaks
February 12, 2014
07:49 EDTSMSM Energy likely to report stronger than expected Q4 results, says Stifel
Stifel expects SM Energy to report solid results from its core assets,. The firm adds that it could increase its NAV estimate for the company based on new detail about its emerging plays. Stifel keeps a Buy rating on the stock.
News For SM From The Last 14 Days
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April 17, 2014
17:03 EDTSMSM Energy: Mercy to withdraw resolution on Climate Change Mitigation Plan
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April 16, 2014
19:03 EDTSMEndeavour settles litigation with SM Energy
Endeavour (END) has reached a settlement with SM Energy (SM) regarding litigation filed against Endeavour in December 2011. Endeavour will pay SM Energy $5M and issue a note for $4.5M. The note will be paid in three graduated payments beginning in twelve months. Endeavour has also agreed to issue warrants valued at $3.75M (approximately 2.13M shares with a strike price of $5.29.) The total settlement expense to be recorded will be $19.25M, which includes deposits of $6M paid prior to the execution of the agreements.

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