$SM Q3 '26 Earnings Results & Recap
• Reported GAAP EPS of $1.95 up 46.62% YoY
• Reported revenue of $2.17B up 167.38% YoY
• SM Energy narrowed full-year 2026 total production guidance to 420-422 MBoe/d and expects oil production of 220-222 MBbl/d, capital expenditures of approximately $2.75B, and cash taxes of $100M.