Compared to Estimates, SM Energy (SM) Q4 Earnings: A Look at Key Metrics

For the quarter ended December 2024, SM Energy (SM) reported revenue of $852.22 million, up 40% over the same period last year. EPS came in at $1.91, compared to $1.56 in the year-ago quarter.The reported revenue represents a surprise of -0.34% over the Zacks Consensus Estimate of $855.13 million. With the consensus EPS estimate being $1.86, the EPS surprise was +2.69%.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.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: 208 millions of barrels of oil equivalent versus 211.97 millions of barrels of oil equivalent estimated by five analysts on average. Average daily production - Natural gas: 424.8 millions of cubic feet versus 423.21 millions of cubic feet estimated by four analysts on average. Average daily production - Crude oil: 106.9 millions of barrels of oil compared to the 110.16 millions of barrels of oil average estimate based on four analysts. Average daily production - NGLs: 30.3 millions of barrels of oil compared to the 31.93 millions of barrels of oil average estimate based on four analysts. Average realized price - Crude oil - Including hedging per bbl: $70.54 versus $68.23 estimated by three analysts on average. Average realized price - Natural gas - Including hedging per mcf: $2.50 compared to the $2.49 average estimate based on three analysts. Production - NGLs: 2.8 MBBL compared to the 2.99 MBBL average estimate based on two analysts. Operating revenue- Oil, gas, and NGL production revenue- Crude oil: $682.21 million versus the two-analyst average estimate of $721.43 million. The reported number represents a year-over-year change of +45.1%. Operating revenue- Oil, gas, and NGL production revenue- Natural gas: $85.49 million versus the two-analyst average estimate of $85.11 million. The reported number represents a year-over-year change of +3.5%. Operating revenue- Oil, gas, and NGL production revenue- NGL: $68.16 million versus $61.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +26.4% change. Operating revenue- Oil, gas, and NGL production revenue: $835.86 million versus $868.38 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +37.7% change. Operating revenue- Other operating income: $16.36 million versus the two-analyst average estimate of $1.62 million. The reported number represents a year-over-year change of +775.5%. View all Key Company Metrics for SM Energy here>>>Shares of SM Energy have returned -14.8% over the past month versus the Zacks S&P 500 composite's -1.8% 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.Only $1 to See All Zacks' Buys and SellsWe're not kidding.Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 256 positions with double- and triple-digit gains in 2024 alone.See Stocks Now >>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