SM Energy Co (LTS:0KZA) Accounts Payable & Accrued Expense : $496 Mil (As of Mar. 2024)

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What is SM Energy Co Accounts Payable & Accrued Expense?

SM Energy Co's quarterly accounts payable & accrued expense increased from Sep. 2023 ($540 Mil) to Dec. 2023 ($556 Mil) but then declined from Dec. 2023 ($556 Mil) to Mar. 2024 ($496 Mil).

SM Energy Co's annual accounts payable & accrued expense increased from Dec. 2021 ($459 Mil) to Dec. 2022 ($474 Mil) and increased from Dec. 2022 ($474 Mil) to Dec. 2023 ($556 Mil).

SM Energy Co Accounts Payable & Accrued Expense Historical Data

The historical data trend for SM Energy Co's Accounts Payable & Accrued Expense 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 Accounts Payable & Accrued Expense Chart

SM Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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354.62

339.62

459.08

473.75

555.65

SM Energy Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															522.28	530.46	540.46	555.65	496.36

SM Energy Co Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

SM Energy Co (LTS:0KZA) Business Description

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SM:USA 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.

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