SM Energy (SM) Asset Writedowns and Impairment (2009 - 2022)
SM Energy's (SM) quarterly Asset Writedowns and Impairment came in at $1.0 million in Q4 2022, down 88.55% year-on-year from $8.8 million in Q4 2021, and down 6.96% on a QoQ basis 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.
- On a quarterly basis, Asset Writedowns and Impairment fell 88.55% year-over-year to $1.0 million in Q4 2022; TTM through Dec 2022 was $7.5 million, a 78.66% decrease from a year earlier, with the FY2022 full-year figure at $7.5 million, down 78.66% from the prior year.
- Asset Writedowns and Impairment for Q4 2022 stood at $1.0 million, down from $1.1 million in the prior quarter.
- Over the last five years, Asset Writedowns and Impairment for SM reached as high as $989.8 million in Q1 2020 and fell as low as $1.0 million in Q1 2022.
- Historically, Asset Writedowns and Impairment has averaged $57.1 million across 5 years, with a median of $8.8 million in 2020.
- Across the five-year window, Asset Writedowns and Impairment jumped 15610.52% in 2020 and tumbled 99.12% in 2021, its largest moves.
- Year by year, Asset Writedowns and Impairment stood at $23.3 million in 2018, then tumbled by 62.44% to $8.7 million in 2019, then gained by 0.09% to $8.8 million in 2020, then changed by 0.0% to $8.8 million in 2021, then sank by 88.55% to $1.0 million in 2022.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $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 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn |
| 10 | SM Energy | 6.05 Bn | 5.40 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 |