SM Energy reported Q2 EPS of $1.85, surpassing estimates, and declared a $0.18 quarterly dividend.

SM Energy reported a Q2 EPS of $1.85, surpassing the consensus estimate of $1.57, with a 31.80% net margin and 20.10% return on equity. Revenue of $634.56m exceeded estimates, but the stock traded down $0.13 to $43.11. SM Energy, an independent energy firm in Texas, declared a $0.18 quarterly dividend and has a market cap of $4.96bn and a beta of 4.20.

August 11, 2024
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