SM Energy (SM) Asset Writedowns and Impairment (2009 - 2022)
SM Energy (SM) reported Asset Writedowns and Impairment of $1.0 million for Q4 2022, down 88.55% year-over-year from $8.8 million in Q4 2021, and down 6.96% quarter-over-quarter from $1.1 million in Q3 2022.
SM Energy (SM) Asset Writedowns and Impairment (2009 - 2022) Analysis & Trends
SM Energy (SM) has 14 years of Asset Writedowns and Impairment data on file, last reported at $1.0 million in Q4 2022.
- Asset Writedowns and Impairment for Q4 2022 came in at $1.0 million, down 88.55% year-over-year; the trailing twelve-month figure through Dec 2022 was $7.5 million (down 78.66% YoY), and the FY2022 annual result was $7.5 million, down 78.66% from the prior year.
- Asset Writedowns and Impairment fell to $1.0 million in Q4 2022 per SM's latest filing, from $1.1 million in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $989.8 million in Q1 2020 and troughed at $1.0 million in Q1 2022.
- A 5-year average of $57.1 million and a median of $8.8 million in 2019 frame the typical range for Asset Writedowns and Impairment.
- The sharpest annual moves came in 2020 and 2021: Asset Writedowns and Impairment soared 15516.33% in 2020, then sank 99.12% in 2021.
- A 5-year view of Asset Writedowns and Impairment shows it stood at $23.3 million in 2018, then sank by 62.4% to $8.8 million in 2019, then changed by 0.0% to $8.8 million in 2020, then changed by 0.0% to $8.8 million in 2021, then plunged by 88.55% to $1.0 million in 2022.
- Business Quant data shows SM's Asset Writedowns and Impairment at $1.0 million in Q4 2022, $1.1 million in Q3 2022, and $4.4 million in Q2 2022.
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, 2022 | 1.00 Mn |
| Dec 31, 2022 | 1.00 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Jun 30, 2022 | 4.39 Mn |
| Jun 30, 2022 | 4.39 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Dec 31, 2021 | 8.75 Mn |
| Dec 31, 2021 | 8.75 Mn |
| Sep 30, 2021 | 8.75 Mn |
| Sep 30, 2021 | 8.75 Mn |
| Jun 30, 2021 | 8.75 Mn |
| Jun 30, 2021 | 8.75 Mn |
| Mar 31, 2021 | 8.75 Mn |
| Mar 31, 2021 | 8.75 Mn |
| Dec 31, 2020 | 8.75 Mn |
| Dec 31, 2020 | 8.75 Mn |
| Sep 30, 2020 | 8.75 Mn |
| Sep 30, 2020 | 8.75 Mn |