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
DateValue
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