SM Energy (SM) Tops Q1 EPS by 18c, Revenues Beat
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Revenue Growth %: +134.1%
Financial Fact:
Oil, gas, and NGL production revenue: 329.17M
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SM Energy (NYSE: SM) reported Q1 EPS of ($0.05), $0.18 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $443.85 million versus the consensus estimate of $348.88 million.
Chief Executive Officer Herb Vogel comments: "While unprecedented first quarter weather presented exceptional challenges, the SM Energy team prioritized safety, collaborated with suppliers and we are back on track toward achieving our long-term objectives. We remain focused on key priorities of generating free cash flow, reducing absolute debt and demonstrating top tier ESG stewardship, and we maintain our full-year guidance for production, capital expenditures and generating free cash flow."
For earnings history and earnings-related data on SM Energy (SM) click here.
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