SM Energy Co Q2 2021 Earnings Call Transcript - Thomson StreetEvents

SM Energy Co Q2 2021 Earnings Call Transcript

SM Energy Co Q2 2021 Earnings Call Transcript - Thomson StreetEvents
SM Energy Co Q2 2021 Earnings Call Transcript
Published Jul 30, 2021
Published Jul 30, 2021
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About This Report

  
Abstract:

Edited Transcript of SM.N earnings conference call or presentation 30-Jul-21 2:00pm GMT

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
SM Energy Co
Ticker
SM.N
Time
2:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Leo Paul Mariani - KeyBanc Capital Markets Inc., Research Division - Analyst : I was hoping to talk a little bit about CapEx. You guys obviously are expecting to kind of be at the higher end of the range for the year. It looks like CapEx sustained pretty robust here in 3Q. And I guess to get to the high end, it kind of implies a pretty big drop in the fourth quarter. Are you seeing a fourth quarter activity cut? And can you just talk about the dynamics that are getting you to the high end of the range?

Question: Leo Paul Mariani - KeyBanc Capital Markets Inc., Research Division - Analyst : Okay. I just wanted to ask about projection. I think you guys put a comment in the transcript where you're talking about kind of low single-digit growth in 2022. I'm not really sure if that's just kind of a high-level comment for now, you guys will refine that going forward? But if I just kind of run the math, you guys are talking about second half '21 production of around 142,000 BOE per day at the midpoint. And if I was to hold that 142,000 even flat for next year. I guess that would get me closer to 7% year-over-year growth. So I'm just trying to understand the comment around the low single-digit growth next year?

Question: Leo Paul Mariani - KeyBanc Capital Markets Inc., Research Division - Analyst : Okay. That's helpful. But there's no plan for any like big activity decline or anything like that, is it?

Table Of Contents

SM Energy Co Q4 2021 Earnings Call - Q&A Session Transcript – 2022-02-25 – US$ 54.00 – Edited Transcript of SM.N earnings conference call or presentation 25-Feb-22 3:00pm GMT

SM Energy Co Q4 2021 Earnings Presentation - Pre-Recorded Discussion Transcript – 2022-02-24 – US$ 54.00 – Edited Transcript of SM.N earnings conference call or presentation 24-Feb-22 9:15pm GMT

SM Energy Co at Bank of America Leveraged Finance Conference (Virtual) Transcript – 2021-11-30 – US$ 54.00 – Edited Transcript of SM.N presentation 30-Nov-21 6:30pm GMT

SM Energy Co Q3 2021 Earnings Call - Q&A Session Transcript – 2021-10-29 – US$ 54.00 – Edited Transcript of SM.N earnings conference call or presentation 29-Oct-21 2:00pm GMT

SM Energy Co Q3 2021 Earnings Pre-Recorded Discussion Transcript – 2021-10-28 – US$ 54.00 – Edited Transcript of SM.N earnings conference call or presentation 28-Oct-21 8:15pm GMT

Q2 2021 SM Energy Co Pre-Recorded Discussion Transcript – 2021-07-29 – US$ 54.00 – Edited Transcript of SM.N earnings conference call or presentation 29-Jul-21 8:15pm GMT

SM Energy Co at JPMorgan Energy, Power & Renewables Conference (Virtual) Transcript – 2021-06-23 – US$ 54.00 – Edited Transcript of SM.N presentation 23-Jun-21 4:10pm GMT

SM Energy Co Annual Shareholders Meeting Transcript – 2021-05-27 – US$ 54.00 – Edited Transcript of SM.N shareholder or annual meeting 27-May-21 9:30pm GMT

SM Energy Co Q1 2021 Earnings Call - Q&A Session Transcript – 2021-04-30 – US$ 54.00 – Edited Transcript of SM.N earnings conference call or presentation 30-Apr-21 2:00pm GMT

SM Energy Co Q1 2021 Earnings Pre-Recorded Discussion Transcript – 2021-04-29 – US$ 54.00 – Edited Transcript of SM.N earnings conference call or presentation 29-Apr-21 10:59am GMT

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MLA:
Thomson StreetEvents. "SM Energy Co Q2 2021 Earnings Call Transcript" Jul 30, 2021. Alacra Store. May 04, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-SM-Energy-Co-Earnings-Call-T14926940>
  
APA:
Thomson StreetEvents. (2021). SM Energy Co Q2 2021 Earnings Call Transcript Jul 30, 2021. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2021-SM-Energy-Co-Earnings-Call-T14926940>
  
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