SM Energy Co (LTS:0KZA)
$ 41.1376 -0.1024 (-0.25%) Market Cap: 4.70 Bil Enterprise Value: 5.67 Bil PE Ratio: 5.72 PB Ratio: 1.15 GF Score: 84/100

Q3 2019 SM Energy Co Earnings Call - Pre-Recorded Discussion Transcript

Oct 31, 2019 / NTS GMT
Release Date Price: $11.2
Jennifer Martin Samuels
SM Energy Company - VP of IR

Welcome to SM Energy's Third Quarter 2019 Financial and Operating Results Webcast. Today's earnings report again demonstrates solid performance versus Street estimates, including for production, EPS, EBITDAX and discretionary cash flow.

Before we get started on our prepared remarks, I will direct you to Slide 2 and remind you that we will be making forward-looking statements about our plans, expectations and assumptions regarding future performance. These statements involve risks that may cause our actual results to differ materially from the results expressed or implied in our forward-looking statements. Please refer to the cautionary information about forward-looking statements in today's earnings release, the related presentation posted to our website and the Risk Factors section of our Form 10-K filed earlier this year and our Form 10-Q filed for this quarter.

Discussions of results for the quarter also includes non-GAAP financial measures that we believe are useful in evaluating our performance. Reconciliation of those measures to

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