- SM Energy (NYSE:SM +8.1%) surges after raising its Q2 production guidance by 400K boe, citing the acceleration of completion activity at its core Eagle Ford program.
- SM hikes its Q2 production guidance o 10.7M-11.1M boe and 43.2M-46.2M boe for FY 2017, and says the results should boost cash flow and capital cost savings.
- SM says it has completed 31 wells in the Eagle Ford program YTD and plans to complete 39 wells for the full year.
SM Energy +8% after raising production guidance
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