SM Energy(US:SM) ZACKSยท2025-08-04 16:01Core Insights - SM Energy reported revenue of $792.94 million for the quarter ended June 2025, reflecting a 25% increase year-over-year and a surprise of +1.64% over the Zacks Consensus Estimate of $780.12 million [1] - The company's EPS was $1.50, down from $1.85 in the same quarter last year, with an EPS surprise of +21.95% compared to the consensus estimate of $1.23 [1] Financial Performance - Average daily production totaled 209.1 million barrels of oil equivalent per day, exceeding the average estimate of 203.92 million barrels [4] - Crude oil production averaged 115.7 million barrels per day, surpassing the estimated 109.41 million barrels [4] - Natural gas production averaged 398.3 million cubic feet per day, slightly below the estimated 406.63 million cubic feet [4] - NGL production averaged 26.9 million barrels per day, in line with the estimate of 26.91 million barrels [4] Revenue Breakdown - Operating revenue from crude oil was $653.38 million, exceeding the average estimate of $622.2 million, representing a year-over-year increase of +22.7% [4] - Operating revenue from natural gas was $77.99 million, significantly higher than the average estimate of $109.01 million, with a year-over-year change of +72.6% [4] - Operating revenue from NGL was $53.7 million, slightly above the average estimate of $50.97 million, showing a year-over-year decrease of -3.6% [4] - Total operating revenue from oil, gas, and NGL production was $785.08 million, compared to the average estimate of $781.69 million, reflecting a year-over-year increase of +23.9% [4] - Other operating income was reported at $7.87 million, exceeding the average estimate of $3.37 million [4] Stock Performance - SM Energy shares returned +2.8% over the past month, outperforming the Zacks S&P 500 composite's +0.6% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]