SM Energy Company provided production guidance for the third quarter and full year of 2022. For the full year, the company expects production: 54-55 MMBoe or 148-151 MBoe/d. This represents a 4% increase at the mid-point and is a result of well performance exceeding original expectations in both the Midland Basin and South Texas. Full year production is expected to be 46%-47% oil.

For the third quarter, the company expects production: 13.2-13.6 MMBoe, or 143-148 MBoe/d, at approximately 46% oil.