How did SM Energy's revenue and expenses shift in Q4 2024?

In Q4 2024, SM Energy saw a significant year-over-year increase in revenue, while maintaining stable expense levels, which contributed to improved profitability.

1. Revenue Growth: The company's total revenue for the quarter was $852.22 million, up from $762.88 million in the same period the previous year, marking a 12.1% increase.
2. Expense Stability: The cost of goods sold (COGS) and selling, general, and administrative (SG&A) expenses remained relatively stable. COGS was $214.59 million, and SG&A expenses were $302.44 million, compared to $213.78 million and $301.44 million, respectively, in the corresponding quarter the previous year.
3. Profitability Improvement: The increase in revenue, combined with stable expenses, likely led to improved profitability for SM Energy in Q4 2024. However, specific financial metrics such as net income or earnings per share would be needed to fully assess the company's performance.

SM Selling, General, and Administrative Expenses, Cost of Goods Sold...