SM Energy Historical Income Statement

SM Stock  USD 49.85  0.80  1.63%   
Historical analysis of SM Energy income statement accounts such as Other Operating Expenses of 789.7 M, Operating Income of 1 B or EBIT of 984.6 M can show how well SM Energy Co performed in making a profits. Evaluating SM Energy income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of SM Energy's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining SM Energy latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether SM Energy is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

About SM Energy Income Statement Analysis

SM Energy Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to SM Energy shareholders. The income statement also shows SM Energy investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

SM Energy Income Statement Chart

SM Energy Co Income Statement is one of the three primary financial statements used for reporting SM Energy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of SM Energy revenue and expense. SM Energy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, SM Energy's Total Operating Expenses is very stable compared to the past year. As of the 28th of March 2024, Income Before Tax is likely to grow to about 959.9 M, while Interest Expense is likely to drop about 56 M.

Total Revenue

Total revenue comprises all receipts SM Energy generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of SM Energy. It is also known as SM Energy overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on SM Energy income statement and represents the costs associated with goods and services SM Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from SM Energy's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into SM Energy current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, SM Energy's Total Operating Expenses is very stable compared to the past year. As of the 28th of March 2024, Income Before Tax is likely to grow to about 959.9 M, while Interest Expense is likely to drop about 56 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.3B1.2B1.3B1.3B
EBITDA1.9B2.6B1.6B1.7B

SM Energy income statement Correlations

0.640.560.170.920.040.090.390.80.2-0.07-0.25-0.08-0.050.81-0.140.210.10.130.23-0.10.09
0.640.14-0.20.62-0.17-0.210.00.58-0.08-0.38-0.35-0.36-0.380.47-0.410.140.310.160.55-0.330.34
0.560.140.850.460.770.830.960.560.180.690.050.690.60.510.64-0.22-0.420.61-0.380.490.2
0.17-0.20.850.010.90.980.950.040.210.840.10.840.780.110.82-0.32-0.470.66-0.420.510.12
0.920.620.460.01-0.06-0.060.230.870.29-0.13-0.11-0.14-0.10.94-0.210.160.04-0.070.2-0.15-0.02
0.04-0.170.770.9-0.060.940.870.05-0.010.920.310.90.890.020.89-0.29-0.420.76-0.430.510.27
0.09-0.210.830.98-0.060.940.940.040.060.870.110.860.790.020.85-0.35-0.480.7-0.470.560.19
0.390.00.960.950.230.870.940.330.120.770.030.780.690.280.74-0.26-0.420.7-0.420.540.25
0.80.580.560.040.870.050.040.330.01-0.03-0.06-0.01-0.090.8-0.070.07-0.050.12-0.060.130.2
0.2-0.080.180.210.29-0.010.060.120.010.060.040.030.130.51-0.010.11-0.06-0.23-0.01-0.1-0.22
-0.07-0.380.690.84-0.130.920.870.77-0.030.060.590.990.930.020.99-0.41-0.60.67-0.560.580.02
-0.25-0.350.050.1-0.110.310.110.03-0.060.040.590.580.550.060.59-0.29-0.450.2-0.360.25-0.31
-0.08-0.360.690.84-0.140.90.860.78-0.010.030.990.580.870.01.0-0.48-0.660.7-0.620.650.02
-0.05-0.380.60.78-0.10.890.790.69-0.090.130.930.550.870.060.87-0.2-0.380.5-0.350.320.01
0.810.470.510.110.940.020.020.280.80.510.020.060.00.06-0.070.08-0.09-0.10.11-0.12-0.12
-0.14-0.410.640.82-0.210.890.850.74-0.07-0.010.990.591.00.87-0.07-0.49-0.660.69-0.620.650.0
0.210.14-0.22-0.320.16-0.29-0.35-0.260.070.11-0.41-0.29-0.48-0.20.08-0.490.92-0.330.24-0.280.15
0.10.31-0.42-0.470.04-0.42-0.48-0.42-0.05-0.06-0.6-0.45-0.66-0.38-0.09-0.660.92-0.360.48-0.460.24
0.130.160.610.66-0.070.760.70.70.12-0.230.670.20.70.5-0.10.69-0.33-0.36-0.370.580.54
0.230.55-0.38-0.420.2-0.43-0.47-0.42-0.06-0.01-0.56-0.36-0.62-0.350.11-0.620.240.48-0.37-0.94-0.15
-0.1-0.330.490.51-0.150.510.560.540.13-0.10.580.250.650.32-0.120.65-0.28-0.460.58-0.940.32
0.090.340.20.12-0.020.270.190.250.2-0.220.02-0.310.020.01-0.120.00.150.240.54-0.150.32
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SM Energy Account Relationship Matchups

SM Energy income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization823.8M785.0M774.4M989.5M690.5M379.8M
Interest Expense159.1M163.9M160.4M120.3M91.6M56.0M
Total Revenue1.6B1.1B2.6B3.3B2.4B2.5B
Gross Profit264.7M(49.6M)1.3B2.1B1.1B1.2B
Other Operating Expenses1.5B1.3B1.5B1.4B1.4B789.7M
Operating Income58.6M(218.5M)1.1B1.6B986.9M1.0B
Ebit58.6M(218.5M)1.1B1.6B937.7M984.6M
Ebitda882.4M566.4M1.9B2.6B1.6B1.7B
Cost Of Revenue1.3B1.2B1.3B1.2B1.3B1.3B
Total Operating Expenses204.2M165.0M172.3M160.3M191.1M194.3M
Income Before Tax(231.0M)(956.7M)46.2M1.4B914.2M959.9M
Total Other Income Expense Net(289.6M)(738.2M)(1.1B)(183.7M)67.2M70.6M
Net Income(187.0M)(764.6M)36.2M1.1B817.9M858.8M
Income Tax Expense(44.0M)(192.1M)9.9M283.8M96.3M101.1M
Selling General Administrative132.8M99.2M111.9M114.6M121.1M89.7M
Net Income Applicable To Common Shares(187.0M)(764.6M)36.2M1.1B1.0B1.1B
Net Income From Continuing Ops(187.0M)(764.6M)36.2M1.1B817.9M858.8M
Non Recurring85.3M1.1B74.3M62.4M71.8M68.2M
Non Operating Income Net Other(2.0M)276.1M(2.6M)(63.4M)(72.9M)(69.2M)
Tax Provision(44.0M)(192.1M)9.9M283.8M96.3M101.1M
Interest Income159.1M163.9M160.4M120.3M19.9M18.9M
Net Interest Income(159.1M)(163.9M)(160.4M)(120.3M)(71.8M)(75.4M)
Reconciled Depreciation823.8M785.0M774.4M603.8M690.5M770.0M

SM Energy Investors Sentiment

The influence of SM Energy's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SM Energy. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to SM Energy's public news can be used to forecast risks associated with an investment in SM Energy. The trend in average sentiment can be used to explain how an investor holding SM Energy can time the market purely based on public headlines and social activities around SM Energy Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
SM Energy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SM Energy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SM Energy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SM Energy.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SM Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SM Energy's short interest history, or implied volatility extrapolated from SM Energy options trading.

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When determining whether SM Energy is a strong investment it is important to analyze SM Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SM Energy's future performance. For an informed investment choice regarding SM Energy Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running SM Energy's price analysis, check to measure SM Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SM Energy is operating at the current time. Most of SM Energy's value examination focuses on studying past and present price action to predict the probability of SM Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SM Energy's price. Additionally, you may evaluate how the addition of SM Energy to your portfolios can decrease your overall portfolio volatility.
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Is SM Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SM Energy. If investors know SM Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SM Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.013
Dividend Share
0.63
Earnings Share
6.86
Revenue Per Share
19.117
Quarterly Revenue Growth
(0.09)
The market value of SM Energy is measured differently than its book value, which is the value of SM Energy that is recorded on the company's balance sheet. Investors also form their own opinion of SM Energy's value that differs from its market value or its book value, called intrinsic value, which is SM Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SM Energy's market value can be influenced by many factors that don't directly affect SM Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SM Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SM Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SM Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.