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
DateValue
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