$SM
SM Energy Co

2024 Q4 Form 10-Q Financial Statement

#000089353824000136 Filed on November 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $643.6M
YoY Change 0.42%
Cost Of Revenue $148.4M
YoY Change 7.29%
Gross Profit $495.2M
YoY Change -1.47%
Gross Profit Margin 76.95%
Selling, General & Admin $35.14M
YoY Change 19.94%
% of Gross Profit 7.1%
Research & Development $12.10M
YoY Change 18.6%
% of Gross Profit 2.44%
Depreciation & Amortization $202.9M
YoY Change 7.15%
% of Gross Profit 40.98%
Operating Expenses $250.6M
YoY Change 8.19%
Operating Profit $331.0M
YoY Change 69.2%
Interest Expense $50.68M
YoY Change 119.35%
% of Operating Profit 15.31%
Other Income/Expense, Net -$637.0K
YoY Change 173.39%
Pretax Income $297.7M
YoY Change 68.77%
Income Tax $57.13M
% Of Pretax Income 19.19%
Net Earnings $240.5M
YoY Change 8.18%
Net Earnings / Revenue 37.37%
Basic Earnings Per Share $2.10
Diluted Earnings Per Share $2.09
COMMON SHARES
Basic Shares Outstanding 114.4M shares 114.4M shares
Diluted Shares Outstanding 115.0M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.735B
YoY Change 331.67%
Cash & Equivalents $1.735B
Short-Term Investments
Other Short-Term Assets $82.51M
YoY Change 129.2%
Inventory
Prepaid Expenses
Receivables $226.6M
Other Receivables $0.00
Total Short-Term Assets $2.044B
YoY Change 191.0%
LONG-TERM ASSETS
Property, Plant & Equipment $5.754B
YoY Change 8.73%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $115.5M
YoY Change 47.25%
Total Long-Term Assets $5.983B
YoY Change 11.3%
TOTAL ASSETS
Total Short-Term Assets $2.044B
Total Long-Term Assets $5.983B
Total Assets $8.028B
YoY Change 32.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $560.8M
YoY Change 3.76%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $581.1M
YoY Change -3.0%
LONG-TERM LIABILITIES
Long-Term Debt $2.707B
YoY Change 71.9%
Other Long-Term Liabilities $85.19M
YoY Change 51.23%
Total Long-Term Liabilities $3.385B
YoY Change 63.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $581.1M
Total Long-Term Liabilities $3.385B
Total Liabilities $3.966B
YoY Change 48.31%
SHAREHOLDERS EQUITY
Retained Earnings $2.570B
YoY Change 40.75%
Common Stock $1.494B
YoY Change -5.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.062B
YoY Change
Total Liabilities & Shareholders Equity $8.028B
YoY Change 32.07%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $240.5M
YoY Change 8.18%
Depreciation, Depletion And Amortization $202.9M
YoY Change 7.15%
Cash From Operating Activities $452.3M
YoY Change 18.08%
INVESTING ACTIVITIES
Capital Expenditures $302.9M
YoY Change 27.72%
Acquisitions
YoY Change
Other Investing Activities -$2.000K
YoY Change
Cash From Investing Activities -$302.9M
YoY Change 27.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.098B
YoY Change -999.37%
NET CHANGE
Cash From Operating Activities 452.3M
Cash From Investing Activities -302.9M
Cash From Financing Activities 1.098B
Net Change In Cash 1.247B
YoY Change 5163.48%
FREE CASH FLOW
Cash From Operating Activities $452.3M
Capital Expenditures $302.9M
Free Cash Flow $149.3M
YoY Change 2.41%

Facts In Submission

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dei Security12b Title
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CY2023Q4 us-gaap Senior Notes
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us-gaap Debt Instrument Covenant Compliance
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The Company was in compliance with all financial and non-financial covenants as of September 30, 2024, and through the filing of this report.
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CY2024Q3 sm Percentageof Proved Property Securedfor Credit Facility Borrowing
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CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q3 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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5.03
us-gaap Earnings Per Share Diluted
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CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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2300000 shares
CY2023Q3 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
20400000 usd

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0000893538-24-000136-index-headers.html Edgar Link pending
0000893538-24-000136-index.html Edgar Link pending
0000893538-24-000136.txt Edgar Link pending
0000893538-24-000136-xbrl.zip Edgar Link pending
exhibit311certificationhvo.htm Edgar Link pending
exhibit312certificationwpu.htm Edgar Link pending
exhibit321906certification.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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report.css Edgar Link pending
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sm-20240930.htm Edgar Link pending
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sm-20240930_g1.jpg Edgar Link pending
sm-20240930_cal.xml Edgar Link unprocessable
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sm-20240930_lab.xml Edgar Link unprocessable
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sm-20240930_htm.xml Edgar Link completed