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SM Energy Co. (SM) Wednesday reported fourth-quarter net loss of $165.2 million or $1.44 per share, compared with a loss of $102.1 million or $0.90 per share last year.


RTTNews | Feb 17, 2021 04:54PM EST

16:53 Wednesday, February 17, 2021 (RTTNews.com) - SM Energy Co. (SM) Wednesday reported fourth-quarter net loss of $165.2 million or $1.44 per share, compared with a loss of $102.1 million or $0.90 per share last year.

Fourth-quarter adjusted net income was $2.7 million or $0.02 per share, compared to adjusted net loss of $5.0 million or $0.04 per share last year.

Total operating revenues and other income dropped to $320.3 million from $451.7 million last year.

Analysts polled by Thomson Reuters expected earnings of $0.05 per share and revenues of $342.32 million. Analysts' estimates typically exclude special items.

Read the original article on RTTNews ( https://www.rttnews.com/3170544/sm-energy-q4-results-miss-street-view.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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