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Market Impact: 0.34

SM Energy Swings To Loss In Q1, Adj. Profit Rises

SM
Corporate EarningsCompany FundamentalsEnergy Markets & Prices

SM Energy reported first-quarter results and swung to a loss year over year, even as revenues increased. The combination of higher sales but bottom-line deterioration points to mixed fundamentals for the oil and gas producer. The update is likely stock-specific rather than sector-wide.

Analysis

SM Energy reported first-quarter results and swung to a loss year over year, even as revenues increased. The combination of higher sales but bottom-line deterioration points to mixed fundamentals for the oil and gas producer. The update is likely stock-specific rather than sector-wide.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

Ticker Sentiment

SM-0.35