earnings
confidence high
sentiment neutral
materiality 0.60
SM Energy provides preliminary Q1 2026 earnings considerations with realized prices and derivative loss
SM Energy Co
2026-Q1 EPS
reported -$1.68
vs consensus $1.18
▼ miss
(-242.8%)
- Average realized oil price $73.69/Bbl, gas $1.72/Mcf, NGLs $21.58/Bbl for Q1 2026.
- Anticipates net derivative settlement loss of $30 million for first quarter 2026.
- Basic weighted-average shares outstanding 199 million, diluted 200 million for Q1 2026.
- As of March 31, 2026, had 239,696,577 shares issued and outstanding.
- Preliminary data subject to completion of financial reporting process.