SM Energy(SM)

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SM Energy Company (SM) is Attracting Investor Attention: Here is What You Should Know
ZACKS· 2024-08-14 14:01
SM Energy (SM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this independent oil and gas company have returned -4% over the past month versus the Zacks S&P 500 composite's -3.2% change. The Zacks Oil and Gas - Exploration and Production - United States industry, to which SM Energy belongs, has lost 7% over this period. Now the key question is: Where could the stock ...
SM Energy (SM) Q2 Earnings Top Estimates, Revenues Increase Y/Y
ZACKS· 2024-08-08 14:56
SM Energy Company (SM) reported second-quarter 2024 adjusted earnings of $1.85 per share, which surpassed the Zacks Consensus Estimate of $1.57. The bottom line also increased from the year-ago quarter's figure of $1.28. Total quarterly revenues of $634.5 million increased from $551 million in the year-ago quarter and beat the Zacks Consensus Estimate of $630 million. The strong quarterly results can be attributed to increased oil equivalent production volumes and high average realized price per Boe. Operat ...
SM Energy(SM) - 2024 Q2 - Quarterly Report
2024-08-08 12:55
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-31539 SM ENERGY COMPANY (Exact name of registrant as specified in its charter) Delaware 41-0518430 (State or other j ...
SM Energy(SM) - 2024 Q2 - Earnings Call Transcript
2024-08-08 01:34
SM Energy Company (NYSE:SM) Q2 2024 Earnings Conference Call August 7, 2024 4:15 PM ET Company Participants Jennifer Martin Samuels - Vice President-Investor Relations and ESG Stewardship Herb Vogel - President and CEO Wade Pursell - CFO Conference Call Participants Jennifer Martin Samuels Good afternoon and welcome to SM Energy’s Second Quarter 2024 Results Webcast. Before we get started on our prepared remarks, I remind you that our discussion today will include forward-looking statements. I direct you to ...
SM Energy (SM) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-07 23:21
SM Energy (SM) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.28 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 17.83%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.28 per share when it actually produced earnings of $1.41, delivering a surprise of 10.16%. Over the last four quart ...
SM Energy(SM) - 2024 Q2 - Quarterly Results
2024-08-07 20:15
News Release EXHIBIT 99.1 SM ENERGY REPORTS SECOND QUARTER 2024 RESULTS AND ANNOUNCES ACQUISITION OF ADDITIONAL UINTA BASIN ASSETS; HIGHLIGHTS EXCELLENT OPERATIONAL EXECUTION, SIGNIFICANT PORTFOLIO EXPANSION AND INCREASED RETURN OF CAPITAL DENVER, CO August 7, 2024 - SM Energy Company (the "Company") (NYSE: SM) today reported operating and financial results for the second quarter 2024, provided certain full year and third quarter 2024 guidance, and announced that the Company has exercised its option to acqu ...
SM Energy (SM) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-07-31 15:07
SM Energy (SM) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on August 7, 2024, might help the stock move higher if these key numbers are better than expecta ...
SM Energy (SM) Rises As Market Takes a Dip: Key Facts
ZACKS· 2024-07-30 22:55
Market participants will be closely following the financial results of SM Energy in its upcoming release. The company plans to announce its earnings on August 7, 2024. The company is expected to report EPS of $1.57, up 22.66% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $629.58 million, indicating a 14.31% growth compared to the corresponding quarter of the prior year. SM Energy (SM) closed the most recent trading day at $45.49, moving +0.15% from ...
SM ENERGY SCHEDULES SECOND QUARTER 2024 EARNINGS RELEASE AND CALL
Prnewswire· 2024-07-24 20:15
DENVER, July 24, 2024 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today announces that it expects to release its second quarter 2024 financial and operating results after market hours on August 7, 2024. See schedule below: August 8, 2024 – Please join SM Energy management at 8:00 a.m. Mountain time/10:00 a.m. Eastern time for the second quarter 2024 financial and operating results Q&A session. This discussion will be accessible via: ABOUT THE COMPANY SM ENERGY INVESTOR CONTACTS SOURCE SM En ...
Are Oils-Energy Stocks Lagging SM Energy (SM) This Year?
ZACKS· 2024-07-24 14:46
Breaking things down more, SM Energy is a member of the Oil and Gas - Exploration and Production - United States industry, which includes 36 individual companies and currently sits at #76 in the Zacks Industry Rank. This group has gained an average of 4.9% so far this year, so SM is performing better in this area. TC Energy, however, belongs to the Alternative Energy - Other industry. Currently, this 43-stock industry is ranked #186. The industry has moved +30% so far this year. SM Energy and TC Energy coul ...