EARNINGS CALL TRANSCRIPT
Javan D. Ottoson, SM Energy Company - President, CEO & Director
"In summary then, we are on track with our 3-year transformation plan and very close now to the point where we will be growing within our discretionary cash flow. We have notable competitive strengths and still believe that the trans-formative path we have been following is a low risk path to creating differential shareholder value.
I believe that the pendulum has swung too far toward the low side on our valuation and that this represents an opportunity for astute investors. I would encourage investors to ignore the noise, consider the trajectory of our results and reach their own conclusions."
COMPANY PROFILE
SM Energy Co. is an independent energy company, which is engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its operations are located in South Texas and Gulf Coast, Rocky Mountain, and Permian regions. The company was founded in 1908 and is headquartered in Denver, CO.
Javan D. Ottoson, SM Energy Company - President, CEO & Director
"In summary then, we are on track with our 3-year transformation plan and very close now to the point where we will be growing within our discretionary cash flow. We have notable competitive strengths and still believe that the trans-formative path we have been following is a low risk path to creating differential shareholder value.
I believe that the pendulum has swung too far toward the low side on our valuation and that this represents an opportunity for astute investors. I would encourage investors to ignore the noise, consider the trajectory of our results and reach their own conclusions."
COMPANY PROFILE
SM Energy Co. is an independent energy company, which is engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids. Its operations are located in South Texas and Gulf Coast, Rocky Mountain, and Permian regions. The company was founded in 1908 and is headquartered in Denver, CO.