SM Energy Company SM announced its intention to raise $350 million from the offering of a series of senior unsecured notes that are scheduled to get matured by 2028. The upstream energy player added that the offering is subject to market and other conditions.The net proceeds from the offering will likely be allocated by the company for financing a cash tender offer for all of its outstanding senior notes, which will likely mature by 2022 and carry an interest rate of 6.125%. The proceeds will also be used for funding part of its outstanding senior notes, which are carrying an interest rate of 5.00% and will mature by 2024. If the situation arises that the tender offer is not getting completed or fully subscribed, then the proceeds will probably get allocated for general corporate activities.Headquartered in Denver, CO, SM Energy is a leading upstream firm, with a strong focus on high-quality, Lower 48 oil and natural gas producing assets. Hence, the company is well-positioned to gain on the favorable oil pricing environment.SM Energy Company Price SM Energy Company price | SM Energy Company QuoteCurrently, the company carries a Zacks Rank #3 (Hold). Meanwhile, some better-ranked players in the energy space are Whiting Petroleum Corporation WLL, Callon Petroleum Company CPE and Oasis Petroleum Inc. OAS. All companies currently sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Whiting Petroleum has witnessed upward earnings estimate revisions for 2021 in the past 30 days.Callon Petroleum is expected to register earnings growth of 129% in 2021.Oasis Petroleum has witnessed upward earnings estimate revisions for 2021 in the past 30 days.Bitcoin, Like the Internet Itself, Could Change EverythingBlockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities.Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SM Energy Company (SM): Free Stock Analysis Report Oasis Petroleum Inc. (OAS): Free Stock Analysis Report Callon Petroleum Company (CPE): Free Stock Analysis Report Whiting Petroleum Corporation (WLL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research