SM Energy (SM) Tops Q2 EPS by 1c
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SM ENERGY REPORTS SECOND QUARTER 2022 RESULTS; LEVERAGE RATIO TARGET ACHIEVED
August 3, 2022 4:15 PM EDTDENVER, Aug. 3, 2022 /PRNewswire/ -- SM Energy Company (the "Company") (NYSE: SM) today announced operating and financial results for the second quarter 2022 and provided certain third quarter and full year 2022 guidance.
Highlights include:
Leverage ratio target met, net debt target fast approaching. The Company remains ahead of schedule to meet its key strategic leverage targets of 1.0 times net-debt-to-adjusted EBITDAX(1) and $1.0 billion principal amount of debt net of cash, an inflection point the Company expects to... More