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SM - SM Energy Non-GAAP EPS of $1.98 beats by $0.01 revenue of $859.8M beats by $94.57M
SM Energy Company
SM Energy press release (NYSE:SM): Q1 Non-GAAP EPS of $1.98 beats by $0.01. Revenue of $859.8M (+93.7% Y/Y) beats by $94.57M. Q1 production volumes of 13.8 MMBoe (153.3 MBoe/d) were up 37% compared with the prior year period and down 5% sequentially. FY 2022 guidance metrics unchanged. Sees Q2 capital expenditures of $230M-250M. Sees Q2 Production in the range of 13.0-13.3 MMBoe, or 143-146 MBoe/d, at about 45% oil and 60% liquids.