NYSE:SMOil and Gas
Why SM Energy (SM) Is Down 11.2% After Strong Q2 Earnings, Higher Output Guidance And Debt Reduction
In August 2026, SM Energy Company reported second-quarter 2026 results showing revenue of US$2,500 million and net income of US$1,071 million, with basic earnings per share from continuing operations of US$4.48, alongside sharply higher oil, gas and NGL production versus a year earlier.
At the same time, the company raised its production guidance for the second half and full year 2026, while redeeming US$417 million of 6.625% Senior Notes due 2027 using cash on hand and completing a share...