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 | |
| Net income | 197 | 215 | -54 | 171 | 666 | -448 | -758 | -161 | 508 | -187 | -765 | 36 | 1,112 | 818 | 770 |
| Depletion, depreciation, and amortization | - | - | - | - | 768 | 921 | 791 | 557 | 665 | 824 | 785 | 774 | 604 | 690 | 809 |
| Stock-based compensation expense | - | - | - | - | 33 | 27 | - | 23 | 24 | 24 | 15 | 19 | 19 | 20 | 25 |
| Net derivative (gain) loss | 23 | -21 | - | - | - | - | -251 | -26 | 162 | -98 | 162 | -902 | -374 | 68 | 50 |
| Net derivative settlement gain (loss) | - | - | - | - | - | - | - | 21 | -136 | 39 | 351 | -749 | -711 | 27 | 69 |
| Amortization of Debt Issuance Costs and Discounts | 13 | 18 | 7 | 5 | 6 | 8 | 10 | 16 | 15 | 15 | 18 | 17 | 10 | 5 | 7 |
| Loss on extinguishment of debt | - | - | - | - | - | -17 | 16 | -0 | -27 | - | 280 | -2 | -68 | - | -0 |
| Deferred income taxes | 115 | 124 | -30 | 106 | 398 | -277 | -449 | -192 | 142 | -42 | -193 | 10 | 269 | 88 | 175 |
| Other, net | - | 6 | -1 | -3 | -1 | -14 | -3 | -8 | -0 | -2 | 7 | 4 | -6 | 2 | 35 |
| Accounts receivable | 47 | 42 | 21 | 78 | -24 | -140 | 11 | -14 | 30 | 40 | -29 | 101 | -39 | 10 | 86 |
| Prepaid expenses and other | 35 | -16 | 1 | -1 | 2 | -3 | -8 | 2 | 1 | -6 | -6 | -0 | 1 | 2 | 13 |
| Accounts payable and accrued expenses | 53 | -18 | 31 | 93 | 9 | -86 | -53 | 45 | 24 | 50 | -23 | 218 | -110 | 8 | 109 |
| Net cash provided by operating activities | 497 | 761 | 922 | 1,339 | 1,457 | - | - | 515 | 721 | 824 | 791 | 1,160 | 1,686 | 1,574 | 1,783 |
| Capital expenditures | 668 | 1,633 | 1,508 | 1,554 | 1,975 | 1,494 | 630 | 888 | 1,303 | 1,024 | 548 | 675 | 880 | 989 | 1,311 |
| Acquisition of proved and unproved oil and gas properties | 1 | - | 6 | 62 | 545 | 8 | 2,184 | 90 | 33 | 3 | 8 | 3 | - | 110 | 2,104 |
| Other, net | 4 | -4 | -1 | 1 | 3 | 1 | 3 | - | - | - | - | - | 0 | -1 | -7 |
| Net cash used in investing activities | -362 | -1,265 | -1,457 | -1,193 | -2,479 | - | - | -202 | -588 | -1,013 | -556 | -667 | -880 | -1,099 | -3,407 |
| Proceeds from Lines of Credit | 572 | 322 | 1,609 | 1,203 | 1,286 | 1,873 | 947 | 406 | - | 1,589 | 1,447 | 1,833 | - | - | 1,019 |
| Repayment of revolving credit facility | 712 | 370 | 1,269 | 1,543 | 1,120 | 1,837 | 1,149 | 406 | - | 1,467 | 1,477 | 1,926 | - | - | 950 |
| Payments of Debt Issuance Costs | - | - | - | - | - | - | 3 | - | - | - | 13 | - | - | - | 13 |
| Net proceeds from Senior Notes | - | - | - | - | - | - | - | - | - | - | - | 393 | - | - | 1,477 |
| Cash paid to repurchase Senior Notes | - | - | - | - | - | - | - | - | - | - | - | 451 | 585 | - | 349 |
| Repurchase of common stock | - | - | - | - | - | - | - | - | - | - | - | - | 57 | 228 | 86 |
| Dividends paid | 6 | 6 | 7 | 7 | 7 | 7 | 8 | 11 | 11 | 11 | 2 | 2 | 20 | 72 | 85 |
| Net proceeds from sale of common stock | 6 | 7 | 6 | 7 | 5 | 5 | 938 | 3 | 3 | 3 | 1 | 3 | 3 | 3 | 3 |
| Net share settlement from issuance of stock awards | - | - | 22 | 16 | 11 | 9 | 2 | 1 | - | - | - | - | 25 | 8 | 7 |
| Net cash provided by (used in) financing activities | -141 | 618 | 422 | 131 | 740 | - | - | -12 | -369 | 112 | -235 | -160 | -694 | -305 | 1,008 |
| Net change in cash, cash equivalents, and restricted cash | - | - | - | - | - | - | - | 302 | -236 | -78 | - | 333 | 112 | 171 | -616 |
| Cash paid for interest, net of capitalized interest (1) | - | - | - | - | 89 | 127 | 130 | 164 | 151 | 142 | 140 | 137 | 134 | 87 | 88 |
| Income Taxes Paid, Net | -26 | 4 | 1 | 0 | 2 | 2 | -5 | 6 | 3 | 6 | 7 | -1 | -11 | -9 | -27 |
| Debt Related Commitment Fees and Debt Issuance Costs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9 |
| Changes in capital expenditure accruals | - | - | - | - | - | - | - | - | - | - | - | - | 30 | 81 | -24 |