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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: JimisJim who wrote (24296)	1/28/2016 1:20:53 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 34328

I'm not sure it was part of that software update, I never noticed the option until a week or so ago. In fact I think I called them a few weeks ago regarding reinvesting in SE. Saw a woman recommending SM this morning, actually looks a bit interesting. They do have 40% hedged out this year. Any opinions? finance.yahoo.com President and Chief Executive Officer Jay Ottoson comments: “SM Energy enters 2016 in a solid position. We have a particularly strong balance sheet, exemplified by low debt:adjusted EBITDAX, have nearly 44% of 2016 production hedged (assuming flat fourth quarter 2015 production as a benchmark) at average pricing in excess of $88/per barrel oil and $3.60 per MMBtu natural gas, and have ample liquidity of $1.3 billion. As we have indicated previously, we are planning a 2016 capital program with total spending within adjusted EBITDAX. Operationally, we continue to make better wells for lower costs, and our production performance reflects continued strong well performance from our programs in the Eagle Ford and Bakken/Three Forks.”