SM Energy Co (LTS:0KZA)
$ 41.1376 -0.1024 (-0.25%) Market Cap: 4.70 Bil Enterprise Value: 5.67 Bil PE Ratio: 5.72 PB Ratio: 1.15 GF Score: 84/100

SM Energy Co at JPMorgan Energy Conference Transcript

Jun 19, 2019 / 03:30PM GMT
Release Date Price: $18.1
Michael Adam Glick
JP Morgan Chase & Co, Research Division - Senior Analyst

Okay. We'll conclude our tour of Denver with SM Energy. SM is highly active in the core of the Midland Basin, where it has 82,000 net acres. It also has a significant amount of production in the Eagle Ford Shale, South Texas, where it's had some recently exciting results. Presenting for the company is Jay Ottoson, the President and CEO.

Javan D. Ottoson
SM Energy Company - President, CEO & Director

Well, thank you, Michael. This morning, I was sitting in a coffee shop at Lexington and 48th. And for those of you who are from New York, that's no big deal. I grew up on a small farm in Northern Colorado. And at some point, almost every time I come to New York, there's one of those overwhelming moments where all the noise and all the people and all the stuff just -- it becomes a little almost overwhelming.

And I was sitting there and I noticed a young man walking down the street who was reading a book. He literally never took his eyes off the book. He crossed the street,

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