SM Energy (SM) Tops Q2 EPS by 37c; Boosts FY11 Production Outlook
Tweet
Share
E-mailGet Alerts SM Hot Sheet
Price: $27.14 --0%
EPS Growth %: +34.0%
Financial Fact:
Abandonment and impairment of unproved properties: 3.57M
Today's EPS Names:
OCCI, MAYS, CRMT, More
EPS Growth %: +34.0%
Financial Fact:
Abandonment and impairment of unproved properties: 3.57M
Today's EPS Names:
OCCI, MAYS, CRMT, More
Join SI Premium – FREE
SM Energy (NYSE: SM) reported Q2 EPS of $0.91, $0.37 better than the analyst estimate of $0.54. Revenue for the quarter came in at $377.9 million versus the consensus estimate of $302.07 million.
Company increases 2011 production forecast to a range of 162 – 167 BCFE, up approximately 10% from prior guidance.
Production for 2012 expected to increase 35% - 40% to a range of 225 – 232 BCFE, based on preliminary 2012 capital program budget of $1.4 to $1.5 billion.
Company increases 2011 production forecast to a range of 162 – 167 BCFE, up approximately 10% from prior guidance.
Production for 2012 expected to increase 35% - 40% to a range of 225 – 232 BCFE, based on preliminary 2012 capital program budget of $1.4 to $1.5 billion.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Roth/MKM Upgrades SM Energy (SM) to Buy
- Steel Dynamics issues Q2 2026 earnings guidance of $3.51-$3.55 per share
- Jabil (JBL) Tops Q3 EPS by 8c, Offers Guidance
Create E-mail Alert Related Categories
Earnings, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
