SM Q1 2022 Earnings — SM Energy Company Revenue & Financial Results | Market Cap Arena

SMSM Energy Company

$3B

Q1 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$859M+102.9% YoY

Gross Profit

$555M64.6% margin

Operating Income

$102M11.8% margin

Net Income

$49M5.7% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

+0.7%

Cash Flow

Operating Cash Flow

$342M

Free Cash Flow

$192M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$5.4B

Total Liabilities

$3.3B

Stockholders' Equity

$2.1B

Cash & Equivalents

$420M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$859M	$423M	+102.9%
Gross Profit	$555M	$155M	+257.1%
Operating Income	$102M	-$211M	+148.2%
Net Income	$49M	-$251M	+119.4%

Revenue Segments

Oil Revenue

$607M71%

Natural Gas Revenue

$170M20%

Oil and Condensate Revenue

$81M9%

Geographic Segments

Midland Basin

$596M69%

South Texas

$262M31%