SM Energy Operating Income vs Cost Of Revenue Analysis

SM Stock

USD 46.01 0.55 1.21%

SM Energy financial indicator trend analysis is much more than just breaking down SM Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SM Energy is a good investment. Please check the relationship between SM Energy Operating Income and its Cost Of Revenue accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SM Energy Operating Income account and Cost Of Revenue. At this time, the significance of the direction appears to have no relationship.

The correlation between SM Energy's Operating Income and Cost Of Revenue is 0.05. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Cost Of Revenue in the same time period over historical financial statements of SM Energy Co, assuming nothing else is changed. The correlation between historical values of SM Energy's Operating Income and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of SM Energy Co are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Operating Income i.e., SM Energy's Operating Income and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

0.05

Relationship Direction	Positive
Relationship Strength	Insignificant

View All Relationships

Operating Income

Operating Income is the amount of profit realized from SM Energy operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of SM Energy Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Cost Of Revenue

Cost of Revenue is found on SM Energy income statement and represents the costs associated with goods and services SM Energy provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most indicators from SM Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SM Energy current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

At this time, SM Energy's Tax Provision is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Over EBITDA is likely to grow to 5.66, while Issuance Of Capital Stock is likely to drop about 3.1 M.

	2021	2022	2023	2024 (projected)
Cost Of Revenue	1.3B	1.2B	1.3B	1.3B
EBITDA	1.0B	2.2B	1.7B	1.8B

Cost Of Revenue Ebitda

SM Energy fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Common Stock Total Equity	Common Stock	Other Liab	Other Assets
Total Assets		0.73	0.41	0.62	0.87	0.99	0.65	0.54	0.61	0.33	0.99	-0.25	0.33	0.42	0.61	0.74	0.02	0.59	0.76	0.7	0.58	0.3	0.73	0.74	0.48	0.31
Short Long Term Debt Total	0.73		0.48	0.28	0.39	0.78	0.97	-0.02	0.1	-0.25	0.79	-0.35	-0.25	0.22	0.52	0.94	-0.42	0.48	0.92	0.14	-0.02	0.55	0.61	0.66	0.44	0.36
Other Current Liab	0.41	0.48		0.81	0.11	0.4	0.45	-0.07	0.07	-0.06	0.41	-0.02	-0.06	0.66	0.4	0.5	-0.09	0.2	0.62	-0.01	0.21	0.23	0.38	0.43	-0.22	0.13
Total Current Liabilities	0.62	0.28	0.81		0.53	0.56	0.18	0.33	0.45	0.46	0.56	0.08	0.46	0.78	0.54	0.33	0.15	0.35	0.48	0.44	0.68	0.09	0.54	0.55	-0.13	0.07
Total Stockholder Equity	0.87	0.39	0.11	0.53		0.85	0.28	0.59	0.7	0.63	0.83	-0.07	0.63	0.24	0.65	0.35	0.18	0.71	0.38	0.89	0.68	0.06	0.74	0.72	0.37	0.06
Property Plant And Equipment Net	0.99	0.78	0.4	0.56	0.85		0.72	0.45	0.55	0.24	1.0	-0.26	0.24	0.35	0.65	0.77	-0.05	0.65	0.78	0.66	0.47	0.29	0.75	0.78	0.48	0.26
Net Debt	0.65	0.97	0.45	0.18	0.28	0.72		-0.06	0.02	-0.42	0.74	-0.4	-0.42	0.12	0.38	0.92	-0.43	0.39	0.88	0.05	-0.16	0.49	0.47	0.54	0.41	0.35
Retained Earnings	0.54	-0.02	-0.07	0.33	0.59	0.45	-0.06		0.73	0.43	0.46	-0.29	0.43	0.4	-0.06	0.22	0.48	-0.15	0.22	0.67	0.78	-0.05	0.05	-0.02	0.4	0.29
Accounts Payable	0.61	0.1	0.07	0.45	0.7	0.55	0.02	0.73		0.56	0.55	0.11	0.56	0.26	0.23	0.18	0.64	0.22	0.2	0.82	0.69	0.17	0.33	0.27	0.19	0.16
Cash	0.33	-0.25	-0.06	0.46	0.63	0.24	-0.42	0.43	0.56		0.22	0.29	1.0	0.2	0.38	-0.28	0.35	0.39	-0.2	0.71	0.81	-0.11	0.38	0.31	0.04	-0.17
Non Current Assets Total	0.99	0.79	0.41	0.56	0.83	1.0	0.74	0.46	0.55	0.22		-0.26	0.22	0.37	0.61	0.79	-0.04	0.62	0.8	0.64	0.45	0.34	0.74	0.76	0.49	0.33
Non Currrent Assets Other	-0.25	-0.35	-0.02	0.08	-0.07	-0.26	-0.4	-0.29	0.11	0.29	-0.26		0.29	0.08	0.05	-0.44	0.31	0.16	-0.39	0.02	-0.12	0.15	0.09	0.07	-0.48	-0.03
Cash And Short Term Investments	0.33	-0.25	-0.06	0.46	0.63	0.24	-0.42	0.43	0.56	1.0	0.22	0.29		0.2	0.38	-0.28	0.35	0.39	-0.2	0.71	0.81	-0.11	0.38	0.31	0.04	-0.17
Net Receivables	0.42	0.22	0.66	0.78	0.24	0.35	0.12	0.4	0.26	0.2	0.37	0.08	0.2		0.3	0.4	0.12	-0.07	0.53	0.12	0.51	0.1	0.32	0.31	-0.04	0.26
Common Stock Shares Outstanding	0.61	0.52	0.4	0.54	0.65	0.65	0.38	-0.06	0.23	0.38	0.61	0.05	0.38	0.3		0.36	-0.14	0.84	0.44	0.38	0.29	0.04	0.94	0.94	0.14	-0.28
Non Current Liabilities Total	0.74	0.94	0.5	0.33	0.35	0.77	0.92	0.22	0.18	-0.28	0.79	-0.44	-0.28	0.4	0.36		-0.26	0.23	0.98	0.13	0.1	0.5	0.48	0.52	0.54	0.51
Other Current Assets	0.02	-0.42	-0.09	0.15	0.18	-0.05	-0.43	0.48	0.64	0.35	-0.04	0.31	0.35	0.12	-0.14	-0.26		-0.2	-0.24	0.36	0.38	-0.13	-0.09	-0.15	0.04	0.14
Other Stockholder Equity	0.59	0.48	0.2	0.35	0.71	0.65	0.39	-0.15	0.22	0.39	0.62	0.16	0.39	-0.07	0.84	0.23	-0.2		0.26	0.5	0.15	0.12	0.86	0.88	0.1	-0.18
Total Liab	0.76	0.92	0.62	0.48	0.38	0.78	0.88	0.22	0.2	-0.2	0.8	-0.39	-0.2	0.53	0.44	0.98	-0.24	0.26		0.15	0.18	0.48	0.54	0.58	0.46	0.48
Property Plant And Equipment Gross	0.7	0.14	-0.01	0.44	0.89	0.66	0.05	0.67	0.82	0.71	0.64	0.02	0.71	0.12	0.38	0.13	0.36	0.5	0.15		0.72	-0.04	0.51	0.44	0.31	0.02
Total Current Assets	0.58	-0.02	0.21	0.68	0.68	0.47	-0.16	0.78	0.69	0.81	0.45	-0.12	0.81	0.51	0.29	0.1	0.38	0.15	0.18	0.72		-0.05	0.31	0.26	0.22	0.06
Short Term Debt	0.3	0.55	0.23	0.09	0.06	0.29	0.49	-0.05	0.17	-0.11	0.34	0.15	-0.11	0.1	0.04	0.5	-0.13	0.12	0.48	-0.04	-0.05		0.15	0.19	0.01	0.64
Common Stock Total Equity	0.73	0.61	0.38	0.54	0.74	0.75	0.47	0.05	0.33	0.38	0.74	0.09	0.38	0.32	0.94	0.48	-0.09	0.86	0.54	0.51	0.31	0.15		0.98	0.29	-0.01
Common Stock	0.74	0.66	0.43	0.55	0.72	0.78	0.54	-0.02	0.27	0.31	0.76	0.07	0.31	0.31	0.94	0.52	-0.15	0.88	0.58	0.44	0.26	0.19	0.98		0.27	0.0
Other Liab	0.48	0.44	-0.22	-0.13	0.37	0.48	0.41	0.4	0.19	0.04	0.49	-0.48	0.04	-0.04	0.14	0.54	0.04	0.1	0.46	0.31	0.22	0.01	0.29	0.27		0.35
Other Assets	0.31	0.36	0.13	0.07	0.06	0.26	0.35	0.29	0.16	-0.17	0.33	-0.03	-0.17	0.26	-0.28	0.51	0.14	-0.18	0.48	0.02	0.06	0.64	-0.01	0.0	0.35

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SM Energy Account Relationship Matchups

SM Energy fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	6.3B	5.0B	5.2B	5.7B	6.4B	6.7B
Short Long Term Debt Total	2.8B	2.2B	2.1B	1.6B	1.6B	1.0B
Other Current Liab	419.9M	520.7M	864.3M	263.8M	296.4M	271.4M
Total Current Liabilities	472.0M	583.7M	889.3M	598.6M	633.8M	665.5M
Total Stockholder Equity	2.7B	2.0B	2.1B	3.1B	3.6B	3.8B
Property Plant And Equipment Net	6.0B	4.7B	4.6B	4.9B	5.4B	5.6B
Net Debt	2.7B	2.2B	1.7B	1.1B	959.2M	911.8M
Retained Earnings	967.6M	200.7M	234.5M	1.3B	2.1B	2.2B
Accounts Payable	52.1M	63.0M	25.1M	43.9M	107.3M	112.7M
Non Current Assets Total	6.0B	4.8B	4.6B	5.0B	5.5B	5.7B
Non Currrent Assets Other	(103.4M)	70.9M	35.0M	(184.8M)	87.1M	91.5M
Net Receivables	184.7M	162.5M	247.2M	233.3M	231.2M	134.6M
Common Stock Shares Outstanding	112.5M	113.7M	123.7M	124.1M	119.2M	73.8M
Liabilities And Stockholders Equity	6.3B	5.0B	5.2B	5.7B	6.4B	6.7B
Non Current Liabilities Total	3.1B	2.4B	2.3B	2.0B	2.1B	1.4B
Other Current Assets	12.7M	10.0M	9.2M	10.2M	69.1M	72.6M
Other Stockholder Equity	1.8B	1.8B	1.8B	1.8B	1.6B	1.6B
Total Liab	3.5B	3.0B	3.2B	2.6B	2.8B	1.7B
Property Plant And Equipment Gross	6.0B	4.7B	4.6B	4.9B	12.3B	12.9B
Total Current Assets	252.6M	203.7M	613.2M	737.2M	916.4M	962.3M
Accumulated Other Comprehensive Income	(11.3M)	(13.6M)	(12.8M)	(4.0M)	(2.6M)	(2.7M)
Short Term Debt	19.2M	11.9M	6.5M	10.1M	15.4M	14.7M
Common Stock Total Equity	1.1M	1.1M	1.1M	1.2M	1.4M	760.4K
Common Stock	1.1M	1.1M	1.1M	1.2M	1.2M	780.9K
Other Liab	315.3M	162.2M	200.4M	436.2M	501.6M	305.4M
Other Assets	46.2M	4.7K	44.8M	96.1M	110.5M	101.2M
Long Term Debt	2.7B	2.2B	2.1B	1.6B	1.6B	1.3B
Property Plant Equipment	6.0B	4.7B	4.6B	4.9B	5.6B	3.5B
Inventory	55.2M	31.2M	24.1M	48.7M	56.4M	74.0M
Net Tangible Assets	2.7B	2.0B	2.1B	3.1B	3.5B	2.3B
Retained Earnings Total Equity	967.6M	200.7M	234.5M	1.3B	1.2B	846.1M
Long Term Debt Total	2.7B	2.2B	2.1B	1.6B	1.8B	2.1B
Capital Surpluse	1.8B	1.8B	1.8B	1.8B	2.0B	1.2B
Deferred Long Term Liab	192.8M	22.3M	35.5M	282.0M	253.8M	322.4M
Non Current Liabilities Other	145.6M	139.9M	164.9M	69.6M	65.0M	61.8M

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How To Invest In SM Energy

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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SM Energy Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.

You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SM Energy. If investors know SM Energy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SM Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.112

Dividend Share

0.74

Earnings Share

7.14

Revenue Per Share

20.3

Quarterly Revenue Growth

(0.04)

The market value of SM Energy is measured differently than its book value, which is the value of SM Energy that is recorded on the company's balance sheet. Investors also form their own opinion of SM Energy's value that differs from its market value or its book value, called intrinsic value, which is SM Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SM Energy's market value can be influenced by many factors that don't directly affect SM Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between SM Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SM Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SM Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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SM Energy Operating Income vs Cost Of Revenue Analysis

Operating Income vs Cost Of Revenue

Operating Income vs Cost Of Revenue Correlation Analysis

Correlation Coefficient

Operating Income

Cost Of Revenue

SM Energy fundamental ratios Correlations

SM Energy Account Relationship Matchups

High Positive Relationship

High Negative Relationship

SM Energy fundamental ratios Accounts

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Property Plant And Equipment Net
Cash And Short Term Investments	+ 1.0	Cash
Property Plant And Equipment Net	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets
Total Liab	+ 0.98	Non Current Liabilities Total
Common Stock	+ 0.98	Common Stock Total Equity

Other Liab	- 0.48	Non Currrent Assets Other
Non Current Liabilities Total	- 0.44	Non Currrent Assets Other
Other Current Assets	- 0.43	Net Debt
Cash And Short Term Investments	- 0.42	Net Debt
Cash	- 0.42	Net Debt
Other Current Assets	- 0.42	Short Long Term Debt Total