Shale producers like SM Energy are working to meet cash flow objectives amid continued investor wariness and a stock price beatdown. Investors are challenging oil and gas companies to keep up financial discipline and make shareholder returns a priority while managing growth.

Generally, small-cap companies, a group in which SM Energy is a part, have “gotten beat up pretty badly in the oil and gas space,” Ottoson said. But the situation will improve as companies operate within cash flow and start to reduce leverage.

To read the full story

Select an option below:

Tap into unmatched coverage of the oil and gas industry’s entire landscape.

Get Access See more offers

Already have an account?

Sign In

Looking for Newsletters?

Manage preferences