SM Energy Co reports results for the quarter ended June 30 - Earnings Summary

SM Energy

06/08/2026 02:34

SM Energy Co SM.N reported quarterly adjusted earnings of $2.19​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.50.  The mean expectation of fifteen analysts for the quarter was for earnings of $1.84 per share. Wall Street expected results to range from 34 cents to $2.35 per share.
Revenue rose 215.3% to $2.50 billion from a year ago; analysts expected $2.00 billion. 
SM Energy Co's reported EPS for the quarter was $4.46​.
The company reported quarterly net income of $1.07 billion.
SM Energy Co shares had risen by 19.0% this quarter and gained 66.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 6% in the last three months.​ 
In the last 30 days, four analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy" 
Wall Street's median 12-month price target for SM Energy Co is $36.50, about 20.5% above its last closing price of $29.02
This summary was machine generated from LSEG data August 6 at 01:34 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
1.84
2.19
Beat
Mar. 31 2026 
1.14
1.55
Beat
Dec. 31 2025 
0.85
0.83
Missed
Sep. 30 2025 
1.29
1.33
Beat