SM Energy CoSM

Market cap

$2.1B

P/E ratio

	Dec 31, 2010	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Cash and cash equivalents	5	119	6	282	0	0	9	314	78	0	0	333	445	616	-
Accounts receivable	163	210	255	318	323	134	152	160	168	185	162	247	233	231	361
Derivative assets	-	-	38	22	403	368	55	64	175	55	31	24	49	56	49
Prepaid expenses and other	-	68	30	10	20	17	9	11	9	13	10	9	10	13	25
Total current assets	275	463	341	648	745	519	225	549	429	253	204	613	737	916	435
Proved oil and gas properties	3,389	4,379	5,402	5,637	7,348	7,606	5,700	6,139	7,278	8,934	8,609	9,397	10,258	11,477	14,302
Accumulated depletion, depreciation, and amortization	1,327	1,766	2,376	2,584	3,233	3,482	2,837	3,172	3,418	4,178	4,887	5,635	6,188	6,830	7,603
Unproved oil and gas properties, net of valuation allowance of $32,680 and $35,362, respectively	94	121	175	271	532	285	2,472	2,047	1,581	1,006	715	629	487	336	765
Wells in progress	145	273	-	-	-	387	235	321	296	119	233	148	287	358	482
Property, Plant and Equipment, Other, Net	21	71	154	218	334	153	138	107	89	73	32	36	38	36	48
Total property and equipment, net	2,434	3,097	3,677	3,860	5,504	4,950	6,081	5,555	5,831	5,954	4,702	4,576	4,883	5,376	7,993
Derivative assets	19	-	16	31	190	121	68	40	58	21	23	0	24	9	4
Other noncurrent assets	17	83	79	70	78	32	20	33	34	65	48	45	72	78	145
Total noncurrent assets	-	-	-	-	-	-	-	-	-	-	71	45	96	87	149
Total assets	2,744	3,799	4,200	4,705	6,517	5,622	6,394	6,177	6,353	6,292	4,976	5,234	5,716	6,380	8,577
Accounts payable and accrued expenses	418	457	526	607	641	303	300	387	403	402	372	563	532	612	760
Derivative liabilities	-	-	9	26	-	0	115	173	63	51	200	320	56	7	7
Other current liabilities	-	-	7	6	1	-	-	-	-	19	12	7	10	15	22
Total current liabilities	502	506	542	639	785	303	415	559	466	472	584	889	599	634	790
Revolving credit facility	48	-	-	-	-	202	-	-	-	123	93	-	-	-	69
Senior Notes, net	-	-	-	-	-	2,316	2,767	2,770	2,448	2,453	2,121	2,081	1,572	1,575	2,708
Net deferred tax liabilities	-	-	-	-	-	-	-	-	-	-	-	10	281	370	545
Asset retirement obligations	69	87	113	116	121	138	96	-	-	84	83	97	108	119	145
Derivative liabilities	33	13	7	5	0	-	98	71	12	3	22	26	1	1	7
Other noncurrent liabilities	17	68	66	29	40	45	47	48	43	61	57	68	70	65	75
Total noncurrent liabilities	1,024	1,830	2,244	2,459	3,445	3,467	3,481	3,223	2,966	3,071	2,377	2,282	2,032	2,130	3,549
Common Stock, Value, Issued	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Additional paid-in capital	192	217	234	258	283	306	1,717	1,742	1,766	1,792	1,828	1,840	1,780	1,565	1,502
Retained earnings	1,042	1,251	1,190	1,355	2,014	1,560	794	666	1,166	968	201	235	1,309	2,052	2,735
Accumulated other comprehensive loss	-15	-4	-9	-5	-11	-13	-15	-14	-12	-11	-14	-13	-4	-3	-1
Total stockholders’ equity	1,219	1,463	1,414	1,607	2,287	1,852	2,497	2,395	2,920	2,749	2,016	2,063	3,085	3,616	4,237
Total liabilities and stockholders’ equity	2,744	3,799	4,200	4,705	6,517	5,622	6,394	6,177	6,353	6,292	4,976	5,234	5,716	6,380	8,577