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SM Energy Company (SM) Q1 2026 Earnings Call Transcript
2026-05-08 · via All Articles on Seeking Alpha

Q1: 2026-05-06 Earnings Summary

EPS of $1.55 beats by $0.42

 | 

Revenue of

$1.48B

(75.12% Y/Y)

beats by $57.25M

SM Energy Company (SM) Q1 2026 Earnings Call May 7, 2026 10:00 AM EDT

Company Participants

Megan Hays
Elizabeth McDonald - President, CEO & Director
A. Pursell - Executive VP & CFO
Blake Mckenna - Executive VP & COO

Conference Call Participants

Zachary Parham - JPMorgan Chase & Co, Research Division
Phu Pham - ROTH Capital Partners, LLC, Research Division
Gabe Daoud - Truist Securities, Inc., Research Division
Hsu-Lei Huang - Tudor, Pickering, Holt & Co. Securities, LLC, Research Division
Jack Kindregan - BMO Capital Markets Equity Research
Michael Scialla - Stephens Inc., Research Division
Kevin MacCurdy - Pickering Energy Partners Insights

Presentation

Operator

Good morning. Welcome to the SM Energy's 2026 First Quarter Operating Results Live Session. [Operator Instructions] Please note, today's event is being recorded.

I'd now like to turn the call over to Megan Hays, SM Energy's Vice President, Investor Relations. Please go ahead, Megan.

Megan Hays

Thank you, Rob. Good morning, and welcome to SM Energy's First Quarter 2026 Earnings Call. It's a busy morning for everyone, so we'll jump right in. Joining me are Beth McDonald, our President and CEO; Wade Pursell, our Executive Vice President and CFO; and Blake Mckenna, COO.

Today's discussion will reference forward-looking statements. Please see Slide 2 of our earnings presentation as well as the risk factors in our most recent Form 10-K for risks and uncertainties that could cause actual results to differ materially.

We will also reference non-GAAP financial measures throughout the call. You can find the definitions and reconciliations to the closest comparable GAAP measures in yesterday's earnings release and in the slide deck available on our website.

[Operator Instructions] With that, I'll turn it over to Beth.

Elizabeth McDonald
President, CEO & Director

Thanks, Megan. Good morning, everyone. The first quarter validates what we've set out to build with the new SM. We closed the Civitas merger