SM Energy (SM) Misses Q1 EPS Views

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Go back to SM Energy (SM) Misses Q1 EPS Views

SM Energy Reports First Quarter of 2016 Results - Initial Permian Wells Exceed Expectations

May 3, 2016 5:00 PM EDT

13.4 MMBoe production; production mix includes 31% oil $182.3 million adjusted EBITDAX $1.0 billion liquidity and flexibility following bank redetermination and new covenants 1,255 net acres added at Sweetie Peck in the Permian Basin, increasing net acreage position to 16,443 Initial Permian wells significantly exceeding type curve expectations for both Lower Spraberry and Wolfcamp B intervals

DENVER--(BUSINESS WIRE)-- SM Energy Company (NYSE: SM) today announced financial results for the first quarter of 2016 and provided an... More