Financial Statements

SM Energy Company (SM)

$40.36

+2.80 (+7.45%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 2019681,166666-
Net Income 36-765-187508-161
Stock Dividends ---3838
Dividend Paid -2-2-11-11-11
Retained Earnings 2352019681,166666

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 4,7025,9545,8265,443-
Annual Depreciation 552-6961,1541,7196,421
Capital Expenditure -678-556-1,026-1,336-978
Net PPE 4,5764,7025,9545,8265,443

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -----
New Purchases -----
Intangible and Goodwill -----

SM Energy Company income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes SM Energy Company FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.