SM Energy Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. SM Energy Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,575 Mil. SM Energy Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3,616 Mil.
SM Energy Co's debt to equity for the quarter that ended in Dec. 2023 was 0.44.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for SM Energy Co's Debt-to-Equity or its related term are showing as below:
SM'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 1.01 Max: 1.36
Current: 0.44
During the past 13 years, the highest Debt-to-Equity Ratio of SM Energy Co was 1.36. The lowest was 0.44. And the median was 1.01.
SM Energy Co Debt-to-Equity Historical Data
The historical data trend for SM Energy Co's Debt-to-Equity 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.
|
SM Energy Co Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
|
|
|
|
|
0.99 |
1.10 |
1.01 |
0.51 |
0.44 |
|
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 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.51 |
0.49 |
0.48 |
0.46 |
0.44 |
Competitive Comparison
For the Oil & Gas E&P subindustry, SM Energy Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution
For the Oil & Gas industry and Energy sector, SM Energy Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where SM Energy Co's Debt-to-Equity falls into.
SM Energy Co Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
SM Energy Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
SM Energy Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* 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 (SM Energy Co) Business Description
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 |
SM Energy Co (SM Energy Co) Headlines
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