Fu Fan's questions to SM Energy Co (SM) leadership • Q1 2025
Question
Fu Fan asked for a specific timeline on when the company plans to drop its next rig to reach the guided year-end total of six rigs.
Answer
President and CEO Herb Vogel stated that the company is not providing specific guidance on the timing of rig count changes. He emphasized that the key focus is on the annual turn-in-line (TIL) plan, which remains on track and is the primary driver of production.