SM - SM Energy Non-GAAP EPS of $1.82 beats by $0.05 revenue of $835.45M beats by $118.1M
- SM Energy press release ( NYSE: SM ): Q3 Non-GAAP EPS of $1.82 beats by $0.05 .
- Revenue of $835.45M (+9.9% Y/Y) beats by $118.1M .
- Outlook: Capital expenditures (net of the change in capital accruals): Full year $870-900 million, unchanged. Fourth quarter $228-258 million. For the full year 2022, the Company expects to complete approximately 81 net wells.
- Production: 52.5-53.0 MMBoe or 144-145 MBoe/d, as previously reported, at ~46% oil. Fourth quarter 12.7-13.2 MMBoe, or 138-143 MBoe/d, at ~44% oil.
- LOE: $5.10-$5.15/Boe, reflecting higher second half inflation. Fourth quarter ~$5.60/Boe.
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SM Energy Non-GAAP EPS of $1.82 beats by $0.05, revenue of $835.45M beats by $118.1M