← SM Energy Co
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.2b | $1.1b | $2.1b | $1.6b | $1.1b | $2.6b | $3.4b | $2.4b | $2.7b | $3.2b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $1.6b | $1.6b | $1.1b | $2.6b | $3.3b | $2.4b | $2.7b | $3.1b | |
| Cost of Revenue | $790.7m | $557.0m | $487.4m | $500.7m | $391.2m | $505.4m | $620.9m | $563.5m | $637.0m | $885.0m | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $790.7m | $557.0m | $665.3m | $823.8m | $391.2m | $505.4m | $620.9m | $563.5m | $637.0m | $885.0m | |
| Gross Profit (Calculated) (derived) | $426.7m | $572.3m | $1.6b | $1.1b | $735.5m | $2.1b | $2.7b | $1.8b | $2.1b | $2.3b | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | ($1.1b) | ($168.5m) | $836.3m | ($70.0m) | ($1.1b) | $209.1m | $1.6b | $986.9m | $1.1b | $1.0b | |
| Additional Financial Items | |||||||||||
| Interest and Other Income | — | — | — | — | — | — | — | $19.9m | $31.9m | $3.0m | |
| Other Operating Income | $1.9m | $6.6m | $3.8m | $3.5m | $394k | $25.0m | $12.7m | $10.0m | $19.0m | $16.0m | |
| Results of Operations, Depreciation, Depletion, Amortization and Accretion | $790.7m | $557.0m | $665.3m | $823.8m | $785.0m | $774.4m | $603.8m | $690.5m | $809.3m | $1.2b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($1.2b) | ($343.8m) | $651.8m | ($231.0m) | ($956.7m) | $46.2m | $1.4b | $914.2m | $966.2m | $830.0m | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | ($250.6m) | ($26.4m) | $161.8m | ($97.5m) | $161.6m | ($901.7m) | ($374.0m) | $68.2m | $50.0m | $178.0m | |
| Net Income (Loss) Attributable to Parent | ($757.7m) | ($160.8m) | $508.4m | ($187.0m) | ($764.6m) | $36.2m | $1.1b | $817.9m | $770.3m | $648.0m | |
| Earnings Per Share, Basic | ($9.90) | ($1.44) | $4.54 | ($1.66) | ($6.72) | $0.30 | $9.09 | $6.89 | $6.71 | $5.65 | |
| Earnings Per Share, Diluted | ($9.90) | ($1.44) | $4.48 | ($1.66) | ($6.72) | $0.29 | $8.96 | $6.86 | $6.67 | $5.64 | |
| Common Stock, Dividends, Per Share, Declared | $0.10 | $0.10 | $0.10 | $0.10 | $0.02 | $0.02 | $0.31 | $0.63 | $0.76 | $0.80 | |
| Weighted Average Number of Shares Outstanding, Basic | 76.6m | 111.4m | 111.9m | 112.5m | 113.7m | 119.0m | 122.4m | 118.7m | 114.8m | 115.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 76.6m | 111.4m | 113.5m | 112.5m | 113.7m | 123.7m | 124.1m | 119.2m | 115.5m | 115.0m | |
| General and Administrative Expense | $126.4m | $120.6m | $116.5m | $132.8m | $99.2m | $111.9m | $114.6m | $121.1m | $138.3m | $161.0m | |
| Other Nonoperating Income (Expense) | $362k | $4.0m | $3.1m | ($2.0m) | ($3.9m) | ($464k) | $4.2m | ($928k) | ($233k) | $0 | |
| Interest Expense | $158.7m | $179.3m | $160.9m | $159.1m | $163.9m | $160.4m | $120.3m | $91.6m | $140.7m | $173.0m | |
| Other Cost and Expense, Operating | $18.0m | — | — | — | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($444.2m) | ($183.0m) | $143.4m | ($44.0m) | ($192.1m) | $9.9m | $283.8m | $96.3m | $195.9m | $182.0m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | $0 | ($3.0m) | $0 | $0 | ($2.5m) | ($312k) | $0 | $0 | ($124k) | — | |
| Other Operating Income (Expense), Net | $1.9m | ($13.7m) | ($18.3m) | ($19.9m) | ($24.8m) | ($46.1m) | ($3.5m) | ($20.6m) | ($15.8m) | ($22.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.