Earnings ·
SM Energy Co reported second quarter 2026 results with diluted net income of $4.46 per share and operating cash flow…
SMSM Energy Co
SM Energy Co reported second quarter 2026 results with diluted net income of $4.46 per share and operating cash flow of $1.1 billion. The company raised its second-half production guidance to 435–440 MBoe/d while maintaining full-year capital expenditure guidance of $2.65–$2.85 billion. SM Energy also announced the redemption of all remaining $417 million aggregate principal amount of its 6.625% Senior Notes due 2027 at par, with a redemption date of September 4, 2026. This action retires all senior notes maturing through mid-2028. The company operates in the oil and gas industry, focusing on exploration and production across U.S. shale basins.