SM Energy (SM) Tops Q1 EPS by 17c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/16/2026

1. VRNS
2. JBHT
3. CRWV
4. TSLA
5. SCHW
6. GPRK
7. TRV
8. TFC
9. USB
10. SPY

Go back to SM Energy (SM) Tops Q1 EPS by 17c

SM Energy Reports First Quarter Of 2017 Results - Higher Production, Lower Capital Versus Plan, Production Guidance Raised

May 2, 2017 5:30 PM EDT

DENVER, May 2, 2017 /PRNewswire/ --

Production of 12.1 MMBoe, well ahead of guidance 55% sequential growth in Midland Basin Full year production guidance increased by 1.5 MMBoe to 41.5-44.5 MMBoe Costs incurred $282 MM (includes acquisitions); total capital spend $193 MM, 4% less than projected (see GAAP reconciliation below) Full year total capital spend (excluding acquisitions) guidance of $875 MM unchanged Balance sheet strengthened further with closing of non-op Eagle Ford divestiture Net debt reduced by 22% EPS of $0.67; Adjusted EPS (loss) ($0.18), ahead of expectations (see... More