DENVER (AP) DENVER (AP) SM Energy Co. (SM) on Wednesday reported fourth-quarter net income of $258.5 million.
The Denver-based company said it had net income of $2.09 per share. Earnings, adjusted.
Gaining traction among shale operators including in the Permian Basin, the high-pressure gas lift (HGPL) method focuses on injection depth, injection rate, cross-sectional flow area and flowing wellhead pressure to maximize the value of wells.