SM ENERGY CO SM Cash Flow

Sm energy co (SM)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Cash flows from operating activities:
Net loss
-421,328	-187,001	224,786	46,629	13,438	508,407	172,417	219,228	82,124	-160,843	-335,531	-287,326	-336,100	-757,744	-897,056	-853,035	-741,862	-447,710	224,274	430,098	547,386	666,051	341,321	203,073	219,815	170,935	96,801	-12,225	-63,858	-54,249	-107,822	160,611	260,255	215,416	373,266	158,621	52,156	196,837	0	0	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Net gain on divestiture activity
801	862	1,584	2,370	41,609	426,917	426,193	423,512	216,878	-131,028	-97,904	-73,621	143,558	37,074	7,947	-12,026	9,812	43,031	39,091	31,244	-38,114	646	0	0	0	-	-	0	0	-	-	-	-	220,676	268,756	82,212	59,214	155,277	0	0	0
Depletion, depreciation, amortization, and asset retirement obligation liability accretion
879,541	823,798	777,171	767,151	712,586	665,313	614,736	548,230	549,697	557,036	597,195	656,562	714,350	790,745	859,218	909,131	917,815	921,009	900,261	839,641	807,718	767,532	750,895	763,428	801,378	822,872	824,499	821,139	757,016	727,877	690,908	621,543	575,317	511,103	438,611	399,344	363,732	336,141	0	0	0
Abandonment and impairment of unproved properties
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	8,188	18,549	20,414	20,861	18,779	8,426	843	277	49	11	166	289	0	0	0
Exploratory dry hole expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36,612	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment
0	-	-	-	0	-	-	-	-	16,100	-197,310	-189,261	-189,418	80,367	622,083	670,024	682,938	468,679	208,910	152,920	140,006	84,480	110,935	116,870	151,120	172,641	232,106	226,171	230,302	208,923	0	0	0	-	-	-	-	-	-	-	-
Abandonment and impairment of unproved properties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	69,327	-	81,197	90,119	84,464	75,638	0	0	0	-	-	-	-	-	-	-	-	7,367	1,304	3,023	4,161	1,986	0	0	0
Stock-based compensation expense
24,041	24,318	24,986	25,224	24,334	23,908	24,220	23,563	22,657	22,700	22,572	22,795	25,484	26,897	27,460	28,167	28,311	27,467	28,618	31,568	32,374	32,694	31,420	28,620	30,578	32,347	33,949	35,881	33,948	30,185	29,005	27,359	25,623	26,824	26,440	26,716	26,691	26,743	0	0	0
Change In Net Profits Plan liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-27,743	-29,778	-32,407	-29,849	-30,699	-23,360	-21,693	-21,842	-17,985	-18,127	-34,768	-28,904	-18,100	-43,828	-35,733	-25,477	-29,375	-359	7,026	-34,441	0	0	0
Gain (Loss) on Derivative Instruments, Net, Pretax
624,882	-97,539	414,599	135,684	-7,720	161,832	-365,082	-267,655	-148,717	-26,414	-40,183	68,453	-150,087	-250,633	2,254	186,470	268,892	408,831	902,225	880,633	835,093	583,264	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Derivative settlement gain (loss)
117,628	39,222	-10,049	-75,489	-116,244	-135,803	-110,079	-56,269	-3,301	21,234	0	0	0	-	-	-	498,365	512,566	0	0	0	-	-	-	-	-	-	-	-	-	-30,894	135,260	111,446	37,086	95,026	-42,881	-98,646	-8,899	0	0	0
Derivative cash settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt discount and deferred financing costs
15,677	15,474	15,270	15,141	15,181	15,258	15,340	15,347	15,196	16,276	16,729	16,687	15,804	9,938	7,594	5,748	4,833	7,710	7,516	7,084	6,626	6,146	5,909	5,904	5,790	5,390	4,991	4,593	4,181	6,769	9,293	11,621	18,344	18,299	18,140	18,101	13,793	13,464	0	0	0
Gain on extinguishment of debt
0	-	-	-	0	-	-	-	-	-35	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-94,179	-41,835	67,416	10,966	-3,661	141,708	-63,936	-63,771	-126,925	-192,066	-201,331	-188,419	-220,379	-448,643	-511,104	-483,180	-438,034	-276,722	119,212	239,313	325,679	397,780	205,116	123,227	133,649	105,555	61,676	-3,614	-34,646	-29,638	-33,157	101,763	157,251	123,789	193,073	87,938	31,735	114,517	0	0	0
Plugging and abandonment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,178	6,826	5,675	7,496	8,143	8,963	9,896	8,796	8,686	9,419	9,893	9,946	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-3,934	-2,220	-80	-1,302	-284	-287	623	-1,119	-1,982	-7,885	-5,350	7,984	5,404	9,931	18,291	2,813	8,411	5,764	-7,673	-5,462	-5,668	-1,069	3,598	7,821	2,164	-2,775	-3,060	-7,163	-4,943	-527	-831	1,006	6,601	6,027	6,860	12,818	7,284	3,993	0	0	0
Changes in current assets and liabilities:
Accounts receivable
-	-	-	-	-	-	-	-	-	-	-	-	7,077	10,562	-36,085	-90,029	-97,595	-140,200	-122,948	-65,597	-84,268	-24,088	27,713	22,672	47,887	79,398	47,916	81,408	29,586	21,389	39,893	30,893	72,350	41,998	63,003	65,151	17,524	47,153	0	0	0
Refundable income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	3,242	-531	-2,177	-2,901	-1,371	-20,081	-15,018	-24,291	0	0	0
Prepaid expenses and other
-	-	-	-	-	-	-	-	-	-	-	-	-3,672	-8,478	-9,628	-8,117	-5,722	-2,563	1,469	191	882	1,822	-2,793	-1,432	-378	-98	-4,475	-5,460	-4,341	-733	4,559	4,075	7,586	-16,376	21,143	19,523	15,893	35,363	0	0	0
Accounts payable and accrued expenses
-	-	-	-	-	-	-	-	-	-	-	-	-6,413	-53,210	-77,186	-113,954	-93,145	-86,267	-35,984	-10,870	25,932	9,466	-9,985	31,214	23,840	91,516	73,074	81,753	63,881	31,136	54,251	-19,562	-16,683	-18,073	-35,483	24,369	-6,545	53,198	0	0	0
Net change in working capital
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued derivative settlements
-	-	-	-	-	-	-	-	-	-	-	-	-33,060	-34,540	-15,295	-1,754	-10,646	-5,232	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess income tax benefit from the exercise of stock awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Net cash provided by operating activities
923,197	823,567	761,038	787,541	698,996	720,629	685,957	584,780	520,546	515,390	508,402	538,059	569,507	552,804	620,970	698,172	825,161	990,807	1,166,302	1,290,930	1,440,769	1,456,575	1,412,767	1,457,312	1,355,950	1,338,514	1,269,252	1,108,036	1,016,208	921,969	924,371	800,847	791,900	760,532	568,484	596,920	499,890	497,097	0	0	0
Cash flows from investing activities:
Cash flows from investing activities:
Net proceeds from the sale of oil and gas properties
6,945	13,059	17,830	18,814	263,843	748,509	741,553	752,687	523,166	776,719	1,522,598	1,699,342	1,689,189	946,062	224,664	35,917	337,571	357,938	337,093	332,025	63,452	43,858	446,219	451,327	422,521	424,849	27,210	60,308	58,003	55,375	88,132	281,980	327,178	364,522	377,056	161,458	111,280	311,504	0	0	0
Capital expenditures
913,735	1,023,769	1,059,242	1,155,996	1,251,007	1,303,188	1,295,972	1,244,929	1,035,473	888,353	762,086	651,084	607,942	629,911	724,531	865,048	1,125,013	1,493,608	1,918,807	2,170,348	2,167,829	1,974,798	1,750,043	1,598,124	1,524,285	1,553,536	1,502,428	1,536,454	1,553,998	1,507,828	1,678,231	1,676,087	1,658,417	1,633,093	1,261,221	1,026,033	845,534	668,288	0	0	0
Payments to Acquire Oil and Gas Property and Equipment
-	-	-	-	-	-	-	-	-	89,896	2,249,326	2,254,179	2,243,851	2,183,790	22,749	19,147	12,959	7,984	92,364	452,522	554,817	544,553	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Receipts from restricted cash related to 1031 exchange
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other, net
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	889	-897	985	3,532	1,995	8,480	3,256	-182	-70	-3,639	2,613	2,616	4,158	2,682	-893	-4,001	-6,127	-7,566	-3,661	-2,027	-12	-20	4,125	0	0	0
Net cash provided by (used in) investing activities
-909,662	-1,013,291	-1,052,677	-1,145,503	-1,020,128	-587,934	-581,497	-518,613	-527,098	-201,530	-1,439,814	-1,205,021	-1,163,489	-1,867,639	-571,611	-849,167	-799,504	-1,144,639	-1,677,610	-2,292,840	-2,667,674	-2,478,749	-1,762,515	-1,247,748	-1,159,533	-1,192,903	-1,540,010	-1,539,966	-1,504,450	-1,457,333	-1,591,702	-1,393,292	-1,323,673	-1,264,910	-882,117	-845,632	-698,738	-361,573	0	0	0
Cash flows from financing activities:
Cash flows from financing activities:
Proceeds from revolving credit facility
1,842,500	1,589,000	1,124,500	696,500	172,000	0	0	0	8,500	406,000	610,000	768,000	1,027,500	947,000	1,011,000	1,227,000	1,629,500	1,872,500	2,353,500	2,516,000	1,845,500	1,285,500	763,000	686,500	979,500	1,203,000	1,351,000	1,323,000	1,806,500	1,609,000	1,441,000	1,022,500	246,000	322,000	372,000	469,500	496,000	571,559	0	0	0
Repayment of revolving credit facility
1,817,000	1,466,500	995,500	578,500	125,500	0	0	0	8,500	406,000	610,000	1,098,500	1,320,500	1,149,000	1,195,000	1,018,500	1,753,000	1,836,500	2,559,500	2,394,000	1,429,000	1,119,500	401,000	714,500	1,409,500	1,543,000	1,551,000	1,356,000	1,400,500	1,269,000	1,213,000	961,500	222,000	370,000	374,000	469,500	496,000	711,559	0	0	0
Cash paid to repurchase 6.125% Senior Notes due 2022
0	-	-	-	0	-	-	-	-	2,357	2,357	2,344	12,331	29,904	29,904	29,904	369,917	350,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from Senior Convertible Notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Net proceeds from sale of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,816	5,155	5,286	4,905	7,327	8,917	8,453	9,632	6,440	0	0	0
Excess income tax benefit from the exercise of stock awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Other, net
-2,671	-2,686	-2,684	-8,657	-7,764	-7,746	-7,765	-1,383	-1,251	-1,411	-4,537	-5,614	-5,643	-5,486	-2,342	-32	-101	-160	-161	-139	-141	-87	-81	-85	-785	-5	-3	-597	760	-225	-231	987	430	0	908	-100	-116	0	0	0	0
Net cash used in financing activities
-13,534	111,769	118,344	-251,534	-322,191	-368,673	-369,069	-9,782	-9,772	-12,289	392,161	1,226,465	1,253,592	1,327,189	931,110	150,931	-25,628	153,730	511,236	838,198	990,492	740,046	349,841	-45,946	39,931	130,711	270,750	431,922	488,043	422,096	637,592	491,549	340,765	618,495	336,467	339,543	349,718	-141,096	0	0	0
Net change in cash, cash equivalents, and restricted cash
1	-77,955	-173,295	-609,496	-643,323	-235,978	-264,609	56,385	-16,324	301,571	-539,251	559,503	659,610	12,354	980,469	-64	29	-102	-72	-163,712	-236,413	-282,128	93	163,618	236,348	276,322	-8	-8	-199	-113,268	-29,739	-100,896	-191,008	114,117	22,834	90,831	150,870	-5,572	0	0	0
Supplemental Cash Flow Information - Operating activities:
Cash paid for interest, net of capitalized interest
149,414	141,902	139,414	140,570	150,624	150,727	164,089	158,407	161,285	164,097	166,095	149,664	148,180	129,761	126,177	125,679	117,382	126,988	98,946	106,641	85,353	89,145	89,980	82,016	133,274	70,702	152,582	117,554	38,336	51,328	-39,451	-45,892	-32,847	-22,133	-28,344	-11,566	-16,491	-13,340	0	0	0
Net cash (paid) refunded for income taxes
-	-	-	-	-	-	-	-	-	-5,986	-3,009	-8,346	14	-4,690	-3,343	-3,314	-3,153	1,630	449	2,154	2,044	1,936	2,034	290	-383	-204	-3,231	-4,536	-4,621	-1,389	3,283	4,318	4,134	4,046	2,975	25,729	32,440	25,578	0	0	0
Dividends, Common Stock, Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Supplemental Cash Flow Information - Investing activities:
Changes in capital expenditure accruals and other
-69,672	-24,289	12,293	-75,038	-888	-2,774	24,332	24,706	40,394	7,309	12,119	49,828	14,615	8,044	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Supplemental Cash Flow Information - Supplemental non-cash investing activities:
Carrying value of properties exchanged
7,600	73,400	70,787	161,688	160,900	95,100	0	0	0	-	-	-	24,544	733	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental Cash Flow Information - Non-Cash Financing Activities [Abstract]
Gains (Losses) on Extinguishment of Debt, Non Cash Portion
-	-	-	-	-	-	-	-	-	22	-31,422	-31,422	-31,422	-15,722	23,968	23,968	19,845	4,123	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-