SM Energy Q4 Revenue at $705M, Below Consensus
Reports Q4 revenue $705M, consensus $760.57M. Reports Q4 net production of 75.5 MMBoe, or 206.8 MBoe/d; up 21% year-over-year, of which 53% was oil. The company said, "SM Energy enters its next chapter as a century-strong, future-ready company," said President and CEO Beth McDonald. "In 2025, we delivered record cash flow from operations and record net production. We've built great momentum for 2026 with expanded scale and a clear strategic plan to create differentiating value. We're rapidly integrating the combined business and unlocking meaningful synergies. With our recently announced $950 million South Texas asset divestiture at an accretive valuation, we are well on our way to achieving our $1.0 billion divestiture target to bolster the balance sheet and enhance return of capital."
