SM - Intrinsic Value and Financial Analysis - SM Energy Company

SM Energy Company SM

Energy - Oil & Gas Exploration & Production - NYSE - US

Watchlist

$ 43.33

-2.12 %

$ 4.96 B

Market Cap

5.99

P/E

BALANCE SHEET

6.38 B ASSETS

Growth Rates

1Year 11.62%

3Years 8.63%

5Years 0.09%

7Years -0.03%

10Years 3.09%

2.76 B LIABILITIES

Growth Rates

1Year 5.08%

3Years -2.26%

5Years -4.24%

7Years -4.79%

10Years -1.13%

3.62 B EQUITY

Growth Rates

1Year 17.19%

3Years 21.50%

5Years 4.37%

7Years 5.43%

10Years 8.45%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition SM Energy Company

6.38 B ASSETS
2.76 B LIABILITIES

Current Assets	916 M
Cash & Short-Term Investments	616 M
Receivables	231 M
Other Current Assets	69.1 M
Non-Current Assets	5.46 B
Long-Term Investments	0
PP&E	5.38 B
Other Non-Current Assets	87.1 M

Current Liabilities	634 M
Accounts Payable	107 M
Short-Term Debt	0
Other Current Liabilities	526 M
Non-Current Liabilities	2.13 B
Long-Term Debt	1.6 B
Other Non-Current Liabilities	531 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998	Dec-1997	Dec-1996	Dec-1995	Dec-1994	Dec-1993	Dec-1992	Dec-1991	Dec-1990
ASSETS
Cash & Cash Equivalents	616.2	445.0	332.7	10 K	10 K	78.0	313.9	9.4	18 K	0.1	282.2	5.9	119.2	5.1	10.6	6.1	43.5	1.5	14.9	6.4	14.8	11.2	4.1	6.6	14.2	7.8	7.1	3.3	1.7	10.0	14.8	10.8	0.6	0.4
Short Term Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	30.3	1.0	1.2	1.4	1.5	1.4	12.5	1.9	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	231.2	233.3	247.2	162.5	184.7	167.5	160.2	151.9	134.1	282.8	317.6	258.2	215.9	171.7	148.9	170.9	160.1	150.4	165.2	105.0	65.1	35.4	46.5	55.1	23.0	17.9	24.3	21.4	8.1	8.6	6.9	10.0	6.9	6.1
Inventory	0	48.7	24.1	31.2	55.2	175.1	64.3	54.5	367.7	442.5	15.9	13.4	16.5	22.5	24.5	22.2	47.3	17.5	15.5	5.9	14.9	10.0	2.3	0	0	0	0	0	0	0	0	0	0	0
Other Current Assets	69.1	58.9	33.3	51.2	74.8	193.2	75.1	69.8	402.0	564.7	137.1	76.5	128.1	97.9	49.5	22.2	47.3	73.6	22.3	14.1	15.5	11.1	21.6	2.3	2.3	1.4	0.5	7.4	1.0	0.3	0.9	2.0	1.6	1.8
Total Current Assets	916.4	737.2	613.2	203.7	252.6	429.3	549.1	224.6	519.0	745.0	647.5	340.6	463.2	274.6	209.0	311.8	269.9	226.9	203.9	126.9	107.9	59.5	72.2	64.0	39.5	27.1	31.9	32.1	10.8	18.9	22.6	22.8	9.1	8.3
PP&E	5 376.4	4 882.8	4 576.0	4 701.9	5 953.6	5 825.9	5 443.1	5 708.7	4 949.6	5 486.0	3 824.8	3 630.1	3 096.6	2 434.1	2 127.6	2 337.1	2 274.4	1 638.5	1 049.6	808.5	611.3	471.9	358.9	252.4	180.7	143.8	157.5	101.5	71.6	59.7	51.4	47.0	39.3	27.7
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	10.8	0	0	0	0	0	0	9.5	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9.5	9.5	9.5	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	24.5	0.2	23.1	20.6	58.5	40.4	70.6	120.7	0	0	(10.8)	0	0	0	0	(33.2)	(14.7)	(8.3)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	87.1	(184.8)	35.0	70.9	(103.4)	(125.6)	104.6	144.5	(605.3)	(606.0)	222.1	220.3	234.9	26.7	19.4	(43.4)	17.9	24.2	5.8	10.0	16.6	5.7	5.8	5.5	10.2	13.6	21.6	10.7	13.7	10.8	7.8	6.1	5.4	4.3
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	6 380.0	5 716.0	5 234.0	4 976.4	6 292.2	6 352.9	6 176.8	6 393.5	5 621.6	6 516.7	4 705.2	4 199.5	3 799.0	2 744.3	2 360.9	2 695.0	2 571.7	1 899.1	1 268.7	945.5	735.9	537.1	437.0	321.9	230.4	184.5	211.0	144.3	96.1	89.4	81.8	75.9	53.8	40.3
LIABILITIES
Accounts Payable	107.3	43.9	25.1	63.0	52.1	56.0	77.6	0	0	0	0	0	35.5	11.3	11.6	25.6	28.2	37.2	82.4	7.5	81.2	48.8	34.9	23.3	25.7	16.9	21.9	16.6	7.7	9.5	5.2	3.5	1.1	0.7
Short Term Debt	0	10.1	6.5	11.7	19.2	0	0	0	0	0	0	0	0	0	0	0	0	4.5	0	0	0	0	0	0	0	0	0	0	0	0	2.1	1.2	2.2	0
Other Current Liabilities	296.4	318.8	583.1	383.3	266.4	296.5	408.1	368.9	244.1	705.8	540.9	466.6	408.7	453.7	251.7	228.5	333.4	154.8	116.6	107.4	23.6	8.7	3.4	0	0.3	0.4	0.4	1.6	0	0	100 K	100 K	100 K	2.4
Total Current Liabilities	633.8	598.6	889.3	583.7	472.0	466.1	559.2	415.2	302.5	784.7	639.1	541.5	505.8	502.1	296.7	296.6	362.5	204.1	199.0	114.9	104.8	57.5	38.2	23.3	26.0	17.3	22.3	18.2	7.7	9.5	7.4	4.8	3.4	3.1
Long Term Debt	1 599.7	1 595.8	2 100.6	2 226.2	2 755.9	2 596.3	2 908.8	2 897.6	2 518.0	2 332.4	1 600.0	1 440.0	985.1	291.1	389.4	451.3	572.5	434.0	99.9	136.8	110.7	113.6	64.0	22.0	13.0	19.4	22.6	43.6	19.6	11.1	7.4	5.0	15.8	6.5
Deferred Tax Income	369.9	280.8	9.8	93.9	189.4	223.3	80.0	315.7	758.3	891.7	650.1	537.4	568.3	443.1	308.2	358.3	257.6	224.5	128.3	129.8	90.9	60.2	47.7	24.8	0.5	11.2	16.6	5.8	1.2	1.8	2.7	4.2	3.4	3.2
Other Liabilities	160.7	436.2	180.9	150.3	315.3	370.2	314.2	583.6	190.5	221.3	209.1	266.1	276.9	224.4	262.1	217.7	515.7	293.2	272.3	79.5	38.7	5.7	0.3	1.0	1.8	1.9	1.6	1.5	1.3	1.0	0.7	0.5	100 K	0
Total Liabilities	2 764.1	2 630.6	3 170.8	2 960.3	3 543.2	3 432.5	3 782.2	3 896.4	3 769.2	4 230.0	3 098.3	2 785.1	2 336.0	1 525.8	1 387.4	1 567.5	1 708.3	1 155.7	699.4	461.0	345.2	237.0	150.2	71.2	41.3	49.8	63.1	69.1	29.8	23.4	18.2	14.5	22.7	12.8
EQUITY
Common Stock	1.2	1.2	1.2	1.1	1.1	1.1	1.1	1.1	0.7	0.7	0.7	0.7	0.6	0.6	0.6	0.6	0.6	0.6	0.6	0.3	0.3	0.3	0.3	0.3	100 K	0	0	0	0	0	0	0	0	0
Retained Earnings	2 052.3	1 308.6	234.5	200.7	967.6	1 165.8	665.7	794.0	1 559.5	2 014.0	1 354.7	1 190.4	1 251.2	1 042.1	851.6	964.0	878.7	695.2	510.8	364.6	274.9	182.5	157.7	120.1	67.2	69.3	80.3	59.3	50.4	50.0	47.7	45.4	31.0	28.9
Other Accumulative Comprehensive Income/Loss	(2.6)	(4.0)	(12.8)	(13.6)	(11.3)	(12.4)	(13.8)	(14.6)	(13.4)	(11.3)	(5.4)	(9.0)	(4.3)	(15.5)	(38.0)	65.3	(157.0)	12.9	(60.2)	(2.8)	(14.9)	(7.8)	6.9	0.1	0.3	(126.8)	(121.0)	(115.2)	(108.4)	(101.3)	(86.6)	(75.5)	(70.7)	(61.8)
Total Equity	3 615.8	3 085.5	2 063.1	2 016.2	2 749.0	2 920.3	2 394.6	2 497.1	1 852.4	2 286.7	1 606.8	1 414.5	1 462.9	1 218.5	973.6	1 127.5	863.3	743.4	569.3	484.5	390.7	300.2	286.8	250.7	189.1	134.7	147.9	75.2	66.3	66.0	63.6	61.4	31.1	27.5
Total Liabilities and Equity	6 380.0	5 716.0	5 234.0	4 976.4	6 292.2	6 352.9	6 176.8	6 393.5	5 621.6	6 516.7	4 705.2	4 199.5	3 799.0	2 744.3	2 360.9	2 695.0	2 571.7	1 899.1	1 268.7	945.5	735.9	537.1	437.0	321.9	230.4	184.5	211.0	144.3	96.1	89.4	81.8	75.9	53.8	40.3
SHARES OUTSTANDING
Common Shares Outstanding	118.7	122.4	119.0	113.7	112.5	111.9	111.4	76.5	67.7	67.2	66.6	65.1	63.8	63.0	62.5	62.2	61.9	56.3	56.9	57.7	62.5	55.7	55.9	55.6	44.4	43.7	42.0	35.0	30.9	33.6	33.6	28.9	27.8	29.6

Balance Sheet

Premium Plan

Unlimited Plan