SM Energy Co (SM Energy Co) Cash Flow from Operations

: $1,574 Mil (TTM As of Dec. 2023)

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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Dec. 2023, SM Energy Co's Net Income From Continuing Operations was $247 Mil. Its Depreciation, Depletion and Amortization was $189 Mil. Its Change In Working Capital was $53 Mil. Its cash flow from deferred tax was $45 Mil. Its Cash from Discontinued Operating Activities was $0 Mil. Its Asset Impairment Charge was $0 Mil. Its Stock Based Compensation was $6 Mil. And its Cash Flow from Others was $-63 Mil. In all, SM Energy Co's Cash Flow from Operations for the three months ended in Dec. 2023 was $477 Mil.

SM Energy Co Cash Flow from Operations Historical Data

The historical data trend for SM Energy Co's Cash Flow from Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SM Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Flow from Operations

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823.57

790.94

1,159.77

1,686.41

1,574.39

SM Energy Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash Flow from Operations	Get a 7-Day Free Trial															288.38	331.63	383.25	382.99	476.52

SM Energy Co Cash Flow from Operations Calculation

SM Energy Co's Cash Flow from Operations for the fiscal year that ended in Dec. 2023 is calculated as:

	Cash Flow from Operations		(A: Dec. 2023 )
=	Net Income From Continuing Operations	+	Depreciation, Depletion and Amortization	+	Change In Working Capital	+	Deferred Tax
=	817.88	+	690.481	+	-4.551	+	88.256
+	Cash from Discontinued Operating Activities	+	Asset Impairment Charge	+	Stock Based Compensation	+	Cash Flow from Others
+	0	+	0	+	20.25	+	-37.922
=	1,574

SM Energy Co's Cash Flow from Operations for the quarter that ended in Dec. 2023 is:

	Cash Flow from Operations		(Q: Dec. 2023 )
=	Net Income From Continuing Operations	+	Depreciation, Depletion and Amortization	+	Change In Working Capital	+	Deferred Tax
=	247.111	+	189.107	+	52.778	+	45.085
+	Cash from Discontinued Operating Activities	+	Asset Impairment Charge	+	Stock Based Compensation	+	Cash Flow from Others
+	0	+	0	+	5.73	+	-63.296
=	477

Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,574 Mil.

SM Energy Co (NYSE:SM) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

SM Energy Co's net income from continuing operations for the three months ended in Dec. 2023 was $247 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

SM Energy Co's depreciation, depletion and amortization for the three months ended in Dec. 2023 was $189 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

SM Energy Co's change in working capital for the three months ended in Dec. 2023 was $53 Mil. It means SM Energy Co's working capital increased by $53 Mil from Sep. 2023 to Dec. 2023 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

SM Energy Co's cash flow from deferred tax for the three months ended in Dec. 2023 was $45 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

SM Energy Co's cash from discontinued operating Activities for the three months ended in Dec. 2023 was $0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

SM Energy Co's asset impairment charge for the three months ended in Dec. 2023 was $0 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

SM Energy Co's stock based compensation for the three months ended in Dec. 2023 was $6 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

SM Energy Co's cash flow from others for the three months ended in Dec. 2023 was $-63 Mil.

SM Energy Co Cash Flow from Operations Related Terms

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SM Energy Co (SM Energy Co) Business Description

Industry

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SJL:Germany

Address

1700 Lincoln Street, Suite 3200, Denver, CO, USA, 80203

Website

https://sm-energy.com

SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids. Operating primarily out of the United States, the company actively participates in joint ventures, prospects/leaseholds, and drill-to-earn opportunities. The majority of the company's revenue is derived from some of the United States' premier drilling locations. Drilling location interests have been traditionally obtained through oil and gas leases from third parties. SM Energy relies on its fleet of geologists, geophysicists, landmen, and engineers to help extract the full potential out of all properties held.

Executives

Julio M Quintana	director	3993 W. SAM HOUSTON PARKWAY N., STE. 100, HOUSTON TX 77043
Ramiro G Peru	director	WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46260
Rose M Robeson	director	370 17TH STREET, SUITE 2775, DENVER CO 80202
Patrick A Lytle	officer: Controller and PAO	1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Julie Gray	officer: Vice President Marketing	1700 LINCOLN STREET, SUITE 3200, DENVER CO 80203
Herbert S Vogel	officer: Sr VP Portf Dev & Tech Servs	1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
James Barker Lebeck	officer: SVP & General Counsel	1700 LINCOLN STREET, SUITE 3200, DENVER CO 80203
David W Copeland	officer: EVP, GC & Corp. Sec.	1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
David J. Whitcomb	officer: VP-Marketing	1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Mary Ellen Lutey	officer: VP & Regional Manager	1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Anita M. Powers	director	9200 OAKDALE AVENUE, SUITE 900, LOS ANGELES CA 91311
William D Sullivan	director	TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Kenneth J. Knott	officer: VP- Land & Asst. Secretary	1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203
Javan D Ottoson	officer: Executive VP & COO	ST. MARY LAND & EXPLORATION COMPANY, 1776 LINCOLN STREET, SUITE 700, DENVER CO 80203
Carla Jean Bailo	director	1775 SHERMAN STREET, SUITE 1200, DENVER CO 80203