SM Energy Reports Second Quarter of 2016 Results

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SM Energy (SM) Tops Q2 EPS by 24c

August 2, 2016 5:35 PM EDT

SM Energy (NYSE: SM) reported Q2 EPS of ($0.44), $0.24 better than the analyst estimate of ($0.68). Revenue for the quarter came in at $341.8 million versus the consensus estimate of $344.61 million.

Production of 14.3 MMBoe exceeded plan by approximately 1 MMBoe reflecting outperformance from new wells... More