SM Q2 2021 Earnings — SM Energy Company Revenue & Financial Results | Market Cap Arena

SMSM Energy Company

$3B

Q2 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$563M+231.6% YoY

Gross Profit

$232M41.3% margin

Operating Income

-$181M-32.1% margin

Net Income

-$223M-39.6% margin

EPS (Diluted)

$-1.88

QoQ Revenue Growth

+32.9%

Cash Flow

Operating Cash Flow

$296M

Free Cash Flow

$74M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$3.5B

Stockholders' Equity

$1.6B

Cash & Equivalents

$0

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$563M	$170M	+231.6%
Gross Profit	$232M	-$92M	+353.5%
Operating Income	-$181M	-$313M	+42.2%
Net Income	-$223M	-$89M	-149.8%

Revenue Segments

Oil Revenue

$436M78%

Natural Gas Revenue

$88M16%

Oil and Condensate Revenue

$38M7%

Geographic Segments

Midland Basin

$456M81%

South Texas

$107M19%