SM Energy (SM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

For the quarter ended March 2025, SM Energy (SM) reported revenue of $844.54 million, up 50.9% over the same period last year. EPS came in at $1.76, compared to $1.41 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $821.97 million, representing a surprise of +2.75%. The company delivered an EPS surprise of +10.00%, with the consensus EPS estimate being $1.60.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how SM Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Average daily production - Total: 197.3 millions of barrels of oil equivalent versus the five-analyst average estimate of 196.49 millions of barrels of oil equivalent. Average daily production - Crude oil: 103.7 millions of barrels of oil compared to the 102.64 millions of barrels of oil average estimate based on four analysts. Average daily production - Natural gas: 404.2 millions of cubic feet versus the four-analyst average estimate of 397.64 millions of cubic feet. Average daily production - NGLs: 26.2 millions of barrels of oil versus the four-analyst average estimate of 27.49 millions of barrels of oil. Average realized price - Crude oil - including the effect of net derivative settlements per bbl: $70.87 versus $70.67 estimated by two analysts on average. Average realized price - Natural gas - including the effect of net derivative settlements per mcf: $3.50 versus $3.06 estimated by two analysts on average. Production - Crude oil: 9.3 MBBL compared to the 9.23 MBBL average estimate based on two analysts. Production - Total: 17.8 MBOE versus the two-analyst average estimate of 17.7 MBOE. Production - NGLs: 2.4 MBBL compared to the 2.48 MBBL average estimate based on two analysts. Average realized price - Natural gas - before the effect of derivative settlements: $3.30 versus the two-analyst average estimate of $3.12. Operating revenue- Oil, gas, and NGL production revenue: $839.62 million versus the two-analyst average estimate of $823.02 million. The reported number represents a year-over-year change of +50%. Operating revenue- Other operating income: $4.92 million versus the two-analyst average estimate of $1.62 million. View all Key Company Metrics for SM Energy here>>>Shares of SM Energy have returned -25.3% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is among the most innovative financial firms. With a fast-growing customer base (already 50+ million) and a diverse set of cutting edge solutions, this stock is poised for big gains. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SM Energy Company (SM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks