SM Energy (SM) Accumulated Expenses (2017 - 2025)
SM Energy (SM) reported Accumulated Expenses of $167.0 million for Q4 2025, down 16.5% year-over-year from $200.0 million in Q4 2024, and down 16.5% quarter-over-quarter from $200.0 million in Q4 2024.
SM Energy (SM) Accumulated Expenses (2017 - 2025) Analysis & Trends
SM Energy (SM) has 9 years of Accumulated Expenses data on file, last reported at $167.0 million in Q4 2025.
- Accumulated Expenses for Q4 2025 came in at $167.0 million, down 16.5% year-over-year; the trailing twelve-month figure through Dec 2025 was $167.0 million (down 16.5% YoY), and the FY2025 annual result was $167.0 million, down 16.5% from the prior year.
- Accumulated Expenses declined to $167.0 million in Q4 2025 per SM's latest filing, from $200.0 million in the prior quarter.
- Over five years, Accumulated Expenses peaked at $200.0 million in Q4 2024 and troughed at $71.0 million in Q4 2021.
- A 5-year average of $142.0 million and a median of $146.4 million in 2023 frame the typical range for Accumulated Expenses.
- The sharpest annual moves came in 2022 and 2025: Accumulated Expenses soared 76.83% in 2022, then decreased 16.5% in 2025.
- A 5-year view of Accumulated Expenses shows it stood at $71.0 million in 2021, then soared by 76.83% to $125.6 million in 2022, then increased by 16.57% to $146.4 million in 2023, then jumped by 36.63% to $200.0 million in 2024, then dropped by 16.5% to $167.0 million in 2025.
- Business Quant data shows SM's Accumulated Expenses at $167.0 million in Q4 2025, $200.0 million in Q4 2024, and $146.4 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn |
| 10 | SM Energy | 6.19 Bn | 5.54 Bn | 1.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 167.00 Mn |
| Dec 31, 2024 | 200.00 Mn |
| Dec 31, 2023 | 146.38 Mn |
| Dec 31, 2022 | 125.57 Mn |
| Dec 31, 2021 | 71.01 Mn |
| Dec 31, 2020 | 65.37 Mn |
| Dec 31, 2019 | 96.93 Mn |
| Dec 31, 2018 | 139.71 Mn |
| Dec 31, 2017 | 126.50 Mn |