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SM| Name | Value |
|---|---|
| Revenues | 643.6M |
| Cost of Revenue | 0.4M |
| Gross Profit | 643.2M |
| Operating Expense | 312.3M |
| Operating I/L | 1.2M |
| Other Income/Expense | 296.4M |
| Interest Income | 18.0M |
| Pretax | 297.6M |
| Income Tax Expense | -57.1M |
| Net Income/Loss | 240.5M |
SM Energy Company is an independent energy company focused on the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids in Texas. With 492.0 million barrels of oil equivalent of estimated proved reserves, the company operates working interests in 825 gross productive oil wells and 483 gross productive gas wells in the Midland Basin and South Texas. Its primary revenue streams come from the sale of oil, natural gas, and natural gas liquids extracted from its reserves through exploration and production activities.
