SM Energy (SM) Tops Q2 EPS by 18c

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Go back to SM Energy (SM) Tops Q2 EPS by 18c

SM ENERGY REPORTS SECOND QUARTER 2023 RESULTS: STRONG OPERATIONAL EXECUTION AND INCREASED RETURN OF CAPITAL; CLOSED TRANSACTIONS ADDING 22,800 NET MIDLAND ACRES

August 2, 2023 4:15 PM EDT

DENVER, Aug. 2, 2023 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today announced operating and financial results for the second quarter 2023 and provided certain full year and third quarter 2023 guidance.

Highlights include:

Solid profitability. In the second quarter 2023, net income was $149.9 million, or $1.25 per diluted common share, down from $2.60 per diluted common share in the prior year period, predominantly due to lower... More