For the year ending 2025-12-31, SM has $9,253,000K in assets. $368,000K in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 368,000 | 0 | 616,164 | 444,998 |
| Accounts receivable | 331,000 | 360,976 | 231,165 | 233,297 |
| Derivative assets | 83,000 | 48,522 | 56,442 | 48,677 |
| Prepaid expenses and other | 29,000 | 25,201 | 12,668 | 10,231 |
| Total current assets | 811,000 | 434,699 | 916,439 | 737,203 |
| Proved oil and gas properties | 16,012,000 | 14,301,502 | 11,477,358 | 10,258,368 |
| Accumulated depletion, depreciation, and amortization | 8,793,000 | 7,603,195 | 6,830,253 | 6,188,147 |
| Unproved oil and gas properties | 460,000 | 764,924 | 335,620 | 487,192 |
| Wells in progress | 458,000 | 481,893 | 358,080 | 287,267 |
| Other property and equipment, net of accumulated depreciation of 63 and 62, respectively | 65,000 | 47,585 | 35,615 | 38,099 |
| Total property and equipment, net | 8,202,000 | 7,992,709 | 5,376,420 | 4,882,779 |
| Derivative assets | 6,000 | 3,973 | 8,672 | 24,465 |
| Other noncurrent assets | 234,000 | 145,266 | 78,454 | 71,592 |
| Total noncurrent assets | 240,000 | 149,239 | 87,126 | 96,057 |
| Total assets | 9,253,000 | 8,576,647 | 6,379,985 | 5,716,039 |
| Accounts payable and accrued expenses | 690,000 | 760,473 | 611,598 | 532,289 |
| Senior notes, net | 419,000 | - | - | - |
| Derivative liabilities | 2,000 | 7,058 | 6,789 | 56,181 |
| Other current liabilities | 58,000 | 22,419 | 15,425 | 10,114 |
| Total current liabilities | 1,169,000 | 789,950 | 633,812 | 598,584 |
| Revolving credit facility | 0 | 68,500 | 0 | 0 |
| Senior notes, net | 2,296,000 | 2,708,243 | 1,575,334 | 1,572,210 |
| Asset retirement obligations | 150,000 | 145,313 | 118,774 | 108,233 |
| Net deferred tax liabilities | 724,000 | 545,295 | 369,903 | 280,811 |
| Derivative liabilities | 2,000 | 7,142 | 1,273 | 1,142 |
| Other noncurrent liabilities | 102,000 | 74,947 | 65,039 | 69,601 |
| Total noncurrent liabilities | 3,274,000 | 3,549,440 | 2,130,323 | 2,031,997 |
| Common stock, 0.01 par value - authorized 200,000,000 shares issued and outstanding 114,630,905 and 114,461,934 shares, respectively | 1,000 | 1,145 | 1,157 | 1,219 |
| Additional paid-in capital | 1,517,000 | 1,501,779 | 1,565,021 | 1,779,703 |
| Retained earnings | 3,291,000 | 2,735,494 | 2,052,279 | 1,308,558 |
| Accumulated other comprehensive income (loss) | 1,000 | -1,161 | -2,607 | -4,022 |
| Total stockholders equity | 4,810,000 | 4,237,257 | 3,615,850 | 3,085,458 |
| Total liabilities and stockholders equity | 9,253,000 | 8,576,647 | 6,379,985 | 5,716,039 |
SM Energy Co (SM)
SM Energy Co (SM)