SM Q1 2021 Earnings — SM Energy Company Revenue & Financial Results | Market Cap Arena

SMSM Energy Company

$3B

Q1 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$423M+19.0% YoY

Gross Profit

$155M36.7% margin

Operating Income

-$211M-49.8% margin

Net Income

-$251M-59.4% margin

EPS (Diluted)

$-2.19

QoQ Revenue Growth

+32.1%

Cash Flow

Operating Cash Flow

$106M

Free Cash Flow

-$42M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$5.0B

Total Liabilities

$3.2B

Stockholders' Equity

$1.8B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$423M	$356M	+19.0%
Gross Profit	$155M	$3M	+5665.9%
Operating Income	-$211M	-$481M	+56.2%
Net Income	-$251M	-$412M	+39.0%

Revenue Segments

Oil Revenue

$306M72%

Natural Gas Revenue

$90M21%

Oil and Condensate Revenue

$28M7%

Geographic Segments

Midland Basin

$344M81%

South Texas

$79M19%