SM Energy: Nearly $400 Million In Projected 2H 2023 Free Cash Flow (NYSE:SM)

Oil field site, in the evening, oil pumps are running, The oil pump and the beautiful sunset reflected in the water


SM Energy (NYSE:SM) reported strong Q2 2023 results with production around 5% above its initial expectations. This has allowed it to boost its full-year production guidance, while also improving its guidance around costs. I had

Type Barrels/Mcf $ Per Barrel/Mcf $ Million
Oil 12,300,000 $79.50 $978
NGLs 4,800,000 $22.00 $106
Gas 63,600,000 $2.95 $188
Hedge Value -$5
Total $1,267

$ Million
Lease Operating $159
Transportation $60
Production and Ad Valorem Taxes $85
Cash G&A $50
Net Cash Interest $45
Capex $475
Total $874

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *