Sm energy posts q3 adj loss of $0.11/shr

Sm energy reports third quarter 2019 results: top tier operational execution continues.q3 adjusted loss per share $0.11.q3 earnings per share $0.37.q3 earnings per share estimate $-0.12 -- refinitiv ibes data.q3 2019 total production was 12.4 mmboe (134.9 mboe/d), 44% oil and 61% liquids.fy expected production raised at mid-point to 47.5 - 47.9 mmboe, or 130-131 mboe/d.qtrly permian volumes increased 11% year-over-year and were flat sequentially.expects to continue to concentrate capital in midland basin.initiated a reorganization to eliminate duplicate regional functions and reduce overhead costs.sees full year expected total capital spend: unchanged at $1,000 - 1,050 million.expects to take associated charge to g&a due to reorganization in q4 of 2019.qtrly total operating revenues and other income $390.3 million versus $459.4 million.q3 revenue view $393.3 million -- refinitiv ibes data.
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