SM Energy (SM) Reports Q2 Earnings: What Key Metrics Have to Say

For the quarter ended June 2025, SM Energy (SM) reported revenue of $792.94 million, up 25% over the same period last year. EPS came in at $1.50, compared to $1.85 in the year-ago quarter.The reported revenue represents a surprise of +1.64% over the Zacks Consensus Estimate of $780.12 million. With the consensus EPS estimate being $1.23, the EPS surprise was +21.95%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.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: 209.1 millions of barrels of oil equivalent per day compared to the 203.92 millions of barrels of oil equivalent per day average estimate based on five analysts.Average daily production - Crude oil: 115.7 millions of barrels of oil per day versus 109.41 millions of barrels of oil per day estimated by four analysts on average.Average daily production - Natural gas: 398.3 millions of cubic feet per day versus 406.63 millions of cubic feet per day estimated by four analysts on average.Average daily production - NGLs: 26.9 millions of barrels of oil per day compared to the 26.91 millions of barrels of oil per day average estimate based on four analysts.Average realized price - Crude oil - including the effect of net derivative settlements per bbl: $64.05 versus the two-analyst average estimate of $64.86.Average realized price - Natural gas - including the effect of net derivative settlements per mcf: $2.67 compared to the $2.21 average estimate based on two analysts.Production - Crude oil: 10.50 MBBL versus 10.00 MBBL estimated by two analysts on average.Operating revenue- Oil, gas, and NGL production revenue- Crude oil: $653.38 million versus the two-analyst average estimate of $622.2 million. The reported number represents a year-over-year change of +22.7%.Operating revenue- Oil, gas, and NGL production revenue- Natural gas: $77.99 million compared to the $109.01 million average estimate based on two analysts. The reported number represents a change of +72.6% year over year.Operating revenue- Oil, gas, and NGL production revenue- NGL: $53.7 million compared to the $50.97 million average estimate based on two analysts. The reported number represents a change of -3.6% year over year.Operating revenue- Oil, gas, and NGL production revenue: $785.08 million compared to the $781.69 million average estimate based on two analysts. The reported number represents a change of +23.9% year over year.Operating revenue- Other operating income: $7.87 million compared to the $3.37 million average estimate based on two analysts.View all Key Company Metrics for SM Energy here>>>Shares of SM Energy have returned +2.8% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks Names #1 Semiconductor StockThis under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.See This Stock Now for Free >>Want 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