Sm energy co (SM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Revenues [Abstract]
Operating revenues and other income:
Revenue from Contract with Customer, Including Assessed Tax

354,233

449,001

389,419

406,854

340,476

392,531

458,382

402,558

382,886

341,187

294,459

284,939

333,198

346,296

329,165

291,142

211,823

298,719

366,615

441,256

393,315

586,567

617,207

654,661

623,109

593,668

601,787

534,520

469,575

424,737

373,928

312,608

362,595

396,914

325,231

333,934

276,313

250,160

197,354

175,887

212,887

152,651

145,279

Gain (Loss) on Disposition of Oil and Gas Property

0

539

0

262

61

1,261

786

39,501

385,369

537

-1,895

-167,133

37,463

33,661

22,388

50,046

-69,021

4,534

2,415

71,884

-35,802

594

-5,432

2,526

2,958

-

-

-

-

-

-8,532

-24,176

-

-24,986

190,728

30,019

24,915

23,094

4,184

7,021

120,978

-11,277

1,244

Realized hedge (loss) gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

501

185

-

-

-

-

-

-

-

-

-

-

-

Marketed gas system revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,714

21,458

20,250

15,476

10,476

16,499

19,460

23,675

16,082

15,396

Other operating revenues

1,501

2,146

898

56

393

400

201

1,857

1,340

-1,186

2,815

2,915

2,077

-57

1,107

626

274

481

2,121

3,006

8,421

-16,237

7,011

17,793

6,653

-44,954

11,320

24,840

14,605

-38,241

13,054

15,803

14,828

-

-

-

-

-

-

-

-

-

-

Total operating revenues and other income

355,734

451,686

390,317

407,172

340,930

394,192

459,369

443,916

769,595

340,538

295,379

120,721

372,738

379,900

352,660

341,814

143,076

303,734

371,151

516,146

365,934

595,821

618,786

674,980

632,720

636,727

613,107

559,360

484,180

444,308

378,951

304,420

377,423

379,542

530,574

377,873

315,329

294,118

226,884

211,697

360,135

185,787

205,198

Operating expenses:
Operating expenses:
Oil, gas, and NGL production expense

119,552

127,312

129,042

123,050

121,305

121,450

127,638

117,400

120,879

122,833

122,651

124,376

138,046

151,907

152,524

148,591

144,543

169,229

184,568

173,685

196,151

196,181

178,390

177,598

163,709

162,754

158,921

149,737

125,633

111,159

102,447

91,134

87,132

93,204

77,753

53,342

65,812

56,961

44,606

45,168

48,340

48,634

49,465

Depletion, depreciation, amortization, and asset retirement obligation liability accretion

233,489

228,597

211,125

206,330

177,746

181,970

201,105

151,765

130,473

131,393

134,599

153,232

137,812

171,552

193,966

211,020

214,207

240,025

243,879

219,704

217,401

219,277

183,259

187,781

177,215

202,640

195,792

225,731

198,709

204,267

192,432

161,608

169,570

167,298

123,067

115,382

105,356

94,806

83,800

79,770

77,765

66,958

70,391

Exploration

11,349

17,649

11,626

10,877

11,348

14,322

13,061

14,056

13,727

15,794

14,119

12,983

11,817

23,028

13,482

13,187

15,273

37,942

19,679

25,541

37,407

49,696

34,556

24,270

21,335

21,769

16,280

20,657

15,398

24,217

25,417

22,007

18,607

19,950

11,272

9,603

12,712

21,027

14,437

14,498

13,898

15,733

19,490

Abandonment and impairment of unproved properties

989,800

8,800

6,300

12,400

6,300

23,275

9,100

11,900

5,625

15,943

0

157

0

76,780

8,049

0

269,785

344,249

55,990

12,914

55,526

84,480

0

0

0

110,633

5,935

34,552

21,521

170,258

0

38,523

142

-

48,525

0

-

-

0

-

-

91

6,043

Abandonment and impairment of unproved properties

-

-

-

-

-

-

-

-

-

-

-

-

-

74,450

3,568

38

2,311

54,597

6,600

5,819

11,627

57,151

15,522

164

2,801

-

3,818

4,339

-

-

447

10,707

-

3,051

0

1,237

3,079

-3,012

1,719

2,375

904

4,761

11,631

Inventory Write-down

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,114

2,719

General and administrative

27,447

37,213

32,578

30,920

32,086

30,438

29,464

28,920

27,682

32,665

27,564

28,237

28,817

31,711

32,679

28,200

32,238

33,642

37,782

42,605

43,639

52,241

41,696

38,115

35,051

47,977

33,920

35,374

32,280

28,372

32,171

31,130

28,142

35,568

29,787

27,310

25,861

31,560

26,219

25,398

23,486

20,790

18,160

Change In Net Profits Plan Liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,364

-4,476

-4,334

-14,569

-6,399

-7,105

-1,776

-15,419

940

-5,438

-1,925

-11,562

798

-22,079

3,939

-758

-24,930

-13,984

14,195

-4,656

4,086

-6,599

-27,272

6,804

2,449

Net derivative (gain) loss

545,340

-101,002

100,889

79,655

-177,081

411,136

-178,026

-63,749

-7,529

-115,778

-80,599

55,189

114,774

-129,547

28,037

-163,351

14,228

123,340

212,253

-80,929

154,167

-

190,661

-126,469

-

-

-39,933

85,190

-30,572

-

-

-

-

-

-6,843

-6,330

-1,375

-

8,847

9,329

2,595

28,331

43,279

Other operating expenses, net

-566

-19,466

-1,021

934

-335

-4,109

-9,664

57

-4,612

-3,558

-999

-4,251

-4,859

-30,337

5,917

7,976

5,672

-59,598

7,166

10,304

17,119

-14,847

5,444

5,972

8,089

-41,116

20,084

35,314

15,794

-33,787

12,219

17,111

11,450

-

-

-

-

-

-

-

-

968

5,814

Derivative gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-97,662

-

-

-

-

15,590

-55,856

98,112

-2,216

-46,786

128,425

43,876

-88,429

-12,994

-5,727

2,087

7,735

-4,117

-11,288

Marketed gas system expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,503

20,737

17,152

19,857

12,105

15,238

16,385

22,998

14,360

13,609

Total operating expenses

836,826

539,989

290,840

303,005

526,239

-35,573

568,013

387,768

310,527

437,942

380,531

268,047

206,577

662,016

370,314

572,363

669,801

809,307

339,047

567,025

420,369

37,336

261,807

553,264

504,086

596,438

475,623

415,076

437,982

530,105

421,787

252,029

321,198

559,681

157,786

166,166

335,301

230,939

195,832

174,908

152,384

185,330

211,059

Loss from operations

-481,092

-88,303

99,477

104,167

-185,309

429,765

-108,644

56,148

459,068

-97,404

-85,152

-147,326

166,161

-282,116

-17,654

-230,549

-526,725

-505,573

32,104

-50,879

-54,435

558,485

356,979

121,716

128,634

40,289

137,484

144,284

46,198

-85,797

-42,836

52,391

56,225

-180,139

372,788

211,707

-19,972

63,179

31,052

36,789

207,751

457

-5,861

Non-operating income (expense):
Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

571

-

-

-

-

-

-

-

12

-

126

5

70

84

27

227

128

53

85

54

129

90

105

Interest expense

41,512

40,911

40,584

39,627

37,980

38,056

38,111

41,654

43,085

43,618

44,091

44,595

46,953

46,356

47,206

34,035

31,088

31,566

33,157

30,779

32,647

27,703

22,621

24,040

24,190

24,541

24,488

21,581

19,101

18,368

18,362

12,712

14,278

12,213

9,372

14,550

9,714

4,727

6,339

6,343

6,787

7,565

7,663

Gain (Loss) on Extinguishment of Debt

12,195

-

0

-

0

-

-26,722

-

-

0

0

0

-35

0

0

0

15,722

0

0

-16,578

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-operating expense, net

-494

-547

-548

-562

-317

69

806

1,802

409

-2,381

861

953

-233

-2,141

221

5

6

-

27

-

-

-68

-672

-1,847

26

-

28

24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss before income taxes

-510,903

-129,761

58,345

63,978

-223,606

391,760

-172,671

16,296

416,392

-143,403

-128,382

-190,968

118,940

-330,613

-64,639

-264,579

-542,085

-537,113

-1,026

-98,211

-86,511

530,714

333,686

95,829

104,470

15,751

113,024

122,727

27,109

-104,146

-61,072

39,684

42,017

-192,268

363,443

197,384

-29,558

58,505

24,798

30,500

201,093

-7,018

-13,419

Income tax benefit

-99,008

-27,706

16,111

13,590

-46,038

82,028

-36,748

-901

98,991

-117,145

-39,270

-71,061

44,506

-129,667

-23,732

-95,898

-194,875

-196,855

-4,140

-40,703

-33,453

198,988

124,748

36,049

38,863

8,755

42,334

46,205

10,382

-37,008

-22,736

14,795

15,681

-71,557

133,346

72,851

-11,055

21,366

9,346

12,432

74,915

-2,603

-5,097

Net Income (Loss) Attributable to Parent

-411,895

-102,055

42,234

50,388

-177,568

309,732

-135,923

17,197

317,401

-26,258

-89,112

-119,907

74,434

-200,946

-40,907

-168,681

-347,210

-340,258

3,114

-57,508

-53,058

331,726

208,938

59,780

65,607

6,996

70,690

76,522

16,727

-67,138

-38,336

24,889

26,336

-120,711

230,097

124,533

-18,503

37,139

15,452

18,068

126,178

-4,415

-8,322

Basic weighted-average common shares outstanding

113,009

112,858

112,804

112,262

112,252

112,144

112,107

111,701

111,696

111,602

111,575

111,277

111,258

91,625

78,468

68,102

68,077

67,985

67,961

67,483

67,463

67,416

67,379

67,069

67,056

67,011

66,943

66,295

66,211

66,118

65,745

64,585

64,104

64,031

63,904

63,638

63,447

63,136

63,031

62,917

62,792

62,505

62,418

Weighted Average Number of Shares Outstanding, Diluted

113,009

111,658

113,334

112,932

112,252

115,392

112,107

113,630

112,879

111,531

111,575

111,277

111,329

91,625

78,468

68,102

68,077

67,827

68,119

67,483

67,463

67,381

68,430

68,239

68,126

68,325

68,253

67,893

67,521

59,406

65,745

67,556

67,845

72,514

67,386

66,909

63,447

65,019

64,794

64,566

64,377

62,505

62,418

Earnings Per Share, Basic

-3.64

-0.90

0.37

0.45

-1.58

2.76

-1.21

0.15

2.84

-0.23

-0.80

-1.08

0.67

-1.80

-0.52

-2.48

-5.10

-5.02

0.05

-0.85

-0.79

4.94

3.10

0.89

0.98

0.11

1.06

1.15

0.25

-1.05

-0.58

0.39

0.41

-1.89

3.60

1.96

-0.29

0.58

0.25

0.29

2.01

-0.07

-0.13

Earnings Per Share, Diluted

-3.64

-0.90

0.37

0.45

-1.58

2.73

-1.21

0.15

2.81

-0.23

-0.80

-1.08

0.67

-1.80

-0.52

-2.48

-5.10

-5.02

0.05

-0.85

-0.79

4.90

3.05

0.88

0.96

0.09

1.04

1.13

0.25

-1.01

-0.58

0.37

0.39

-1.79

3.41

1.86

-0.29

0.56

0.24

0.28

1.96

-0.07

-0.13

Dividends per common share

0.01

-

0.05

0.00

0.05

-

0.05

0.00

0.05

-

0.05

0.00

0.05

-

0.05

0.00

0.05

-

0.05

0.00

0.05

-

0.05

0.00

0.05

-

0.05

0.00

0.05

-

0.05

0.00

0.05

-

0.05

0.00

0.05

-

-

-

-

-

-