SM Q4 2022 Earnings — SM Energy Company Revenue & Financial Results | Market Cap Arena

SMSM Energy Company

$3B

Q4 2022 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$669M-21.5% YoY

Gross Profit

$375M56.0% margin

Operating Income

$343M51.2% margin

Net Income

$258M38.6% margin

EPS (Diluted)

$2.09

QoQ Revenue Growth

-19.1%

Cash Flow

Operating Cash Flow

$288M

Free Cash Flow

$287,000

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$2.6B

Stockholders' Equity

$3.1B

Cash & Equivalents

$445M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$669M	$852M	-21.5%
Gross Profit	$375M	$509M	-26.3%
Operating Income	$343M	$474M	-27.8%
Net Income	$258M	$425M	-39.2%

Revenue Segments

Oil Revenue

$470M70%

Natural Gas Revenue

$145M22%

Oil and Condensate Revenue

$54M8%

Geographic Segments

Midland Basin

$436M65%

South Texas

$233M35%