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SM Energy Reports First Quarter 2021 Results

SM Energy Reports First Quarter 2021 Results
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DENVER, April 29, 2021 /PRNewswire/ SM Energy Company (the Company ) (NYSE: SM) today announced operating and financial results for the first quarter 2021 and provided certain second quarter 2021 guidance.
During the first quarter of 2021:
Cash flows included net cash provided by operating activities of $105.6 million before net change in working capital of ($51.4) million totaling $157.1 million. Adjusted EBITDAX, (a non-GAAP measure reconciled below) was $215.0 million.
Production was 10.05 MMBoe or 111.6 MBoe/d and was 54% oil. Production volumes were affected by the severe winter storm in Texas during February 2021, which resulted in 14 days of reduced production and delayed completions of new wells. ....

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SM Energy Reports First Quarter 2021 Results

SM Energy Reports First Quarter 2021 Results
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SM Energy (SM) Q4 2020 Earnings Call Transcript

SM Energy (SM) Q4 2020 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
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SM Energy (NYSE: SM)
Welcome to SM Energy s fourth-quarter and full-year 2020 results webcast. Before we get started on our prepared remarks, I will direct you to Slide 2 and remind you that we will be making forward-looking statements about our plans, expectations and assumptions regarding future performance, and our discussion of results will include non-GAAP financial measures that we believe are useful in evaluating our performance. We will be providing strategic objectives and guidance for 2021, as well as certain measures beyond 2021. These statements involve risks that may cause our actual results to differ materially from the results expressed or implied in our forward-looking statements. ....

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SM Energy Reports 2020 Results And 2021 Operating Plan, Cash Flow And Debt Reduction Exceeded Expectations

SM Energy Reports 2020 Results And 2021 Operating Plan, Cash Flow And Debt Reduction Exceeded Expectations
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SM Energy Reports 2020 Results And 2021 Operating Plan, Cash Flow And Debt Reduction Exceeded Expectations

SM Energy Reports 2020 Results And 2021 Operating Plan, Cash Flow And Debt Reduction Exceeded Expectations
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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