SM Energy forecasts 2026 production of 146-153 MMBoe and capex of $2.65-$2.85 billion

Reuters
Feb 26
<a href="https://laohu8.com/S/SM">SM Energy</a> forecasts 2026 production of 146-153 MMBoe and capex of $2.65-$2.85 billion

SM Energy issued its 2026 outlook, forecasting total net production of 146-153 MMBoe with about 54% oil and capital expenditures of $2.65-$2.85 billion (including $2.3-$2.5 billion for drilling, completion and well connection). For 1Q26, it expects production of 30.5-32.5 MMBoe with an oil mix of about 52% and capital spending of $740-$780 million. Activity is set to decline to an average 11 operated rigs and 4.5 completion crews, with plans to drill about 245 net wells and complete about 295 net wells in 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SM Energy Company published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602251611PR_NEWS_USPR_____LA95355) on February 25, 2026, and is solely responsible for the information contained therein.

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