SM Q3 2021 Earnings — SM Energy Company Revenue & Financial Results | Market Cap Arena

SMSM Energy Company

$3B

Q3 2021 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$760M+169.4% YoY

Gross Profit

$421M55.5% margin

Operating Income

$126M16.6% margin

Net Income

$86M11.3% margin

EPS (Diluted)

$0.69

QoQ Revenue Growth

+35.1%

Cash Flow

Operating Cash Flow

$328M

Free Cash Flow

$145M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$5.1B

Total Liabilities

$3.4B

Stockholders' Equity

$1.6B

Cash & Equivalents

$30M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$760M	$282M	+169.4%
Gross Profit	$421M	$5M	+8248.9%
Operating Income	$126M	-$103M	+222.4%
Net Income	$86M	-$98M	+187.1%

Revenue Segments

Oil Revenue

$558M73%

Natural Gas Revenue

$149M20%

Oil and Condensate Revenue

$52M7%

Geographic Segments

Midland Basin

$597M79%

South Texas

$163M21%