SM Energy Co. (SM) released earnings for fourth quarter that Drops, from last year
The company's bottom line came in at $109 million, or $0.95 per share. This compares with $188 million, or $1.64 per share, last year.
Excluding items, SM Energy Co. reported adjusted earnings of $96 million or $0.83 per share for the period.
The company's revenue for the period fell 17.3% to $705 million from $852 million last year.
SM Energy Co. earnings at a glance (GAAP) :
-Earnings: $109 Mln. vs. $188 Mln. last year.-EPS: $0.95 vs. $1.64 last year.-Revenue: $705 Mln vs. $852 Mln last year.
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