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SM Energy Co (SM Energy Co) Scaled Net Operating Assets

: 0.75 (As of Dec. 2023)
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Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

SM Energy Co's operating assets for the quarter that ended in Dec. 2023 was $5,764 Mil. SM Energy Co's operating liabilities for the quarter that ended in Dec. 2023 was $1,189 Mil. SM Energy Co's Total Assets for the quarter that ended in Sep. 2023 was $6,079 Mil. Therefore, SM Energy Co's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.75.


SM Energy Co Scaled Net Operating Assets Historical Data

The historical data trend for SM Energy Co's Scaled Net Operating Assets 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.

* Premium members only.

SM Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Scaled Net Operating Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.67 0.77 0.81 0.80

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
Scaled Net Operating Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.75 0.76 0.77 0.76 0.75

Competitive Comparison

For the Oil & Gas E&P subindustry, SM Energy Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SM Energy Co Scaled Net Operating Assets Distribution

For the Oil & Gas industry and Energy sector, SM Energy Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where SM Energy Co's Scaled Net Operating Assets falls into.



SM Energy Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

SM Energy Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2023 )
=(Operating Assets (A: Dec. 2023 )-Operating Liabilities (A: Dec. 2023 ))/Total Assets (A: Dec. 2022 )
=(5763.821-1188.801)/5716.039
=0.80

where

Operating Assets(A: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6379.985 - 616.164
=5763.821

Operating Liabilities(A: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2764.135 - 1575.334 - 0
=1188.801

SM Energy Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2023 )
=(Operating Assets (Q: Dec. 2023 )-Operating Liabilities (Q: Dec. 2023 ))/Total Assets (Q: Sep. 2023 )
=(5763.821-1188.801)/6078.57
=0.75

where

Operating Assets(Q: Dec. 2023 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6379.985 - 616.164
=5763.821

Operating Liabilities(Q: Dec. 2023 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2764.135 - 1575.334 - 0
=1188.801

* 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.


SM Energy Co Scaled Net Operating Assets Related Terms

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SM Energy Co (SM Energy Co) Business Description

Industry
Traded in Other Exchanges
Address
1700 Lincoln Street, Suite 3200, Denver, CO, USA, 80203
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