SM Energy (SM) Asset Writedowns and Impairment (2009 - 2022)

SM Energy (SM) has reported Asset Writedowns and Impairment for 14 consecutive years, with $1.0 million the latest figure, recorded in Q4 2022.

• In Q4 2022, Asset Writedowns and Impairment fell 88.55% year-over-year to $1.0 million; the TTM figure through Dec 2022 stood at $7.5 million (down 78.66% YoY), while the FY2022 annual figure was $7.5 million, down 78.66% from the prior year.
• Asset Writedowns and Impairment eased to $1.0 million in Q4 2022 per SM's latest filing, from $1.1 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $989.8 million in Q1 2020 and bottomed at $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.
• Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment soared 15610.52% — and 2021, when it sank 99.12%.
• SM Energy's Asset Writedowns and Impairment stood at $23.3 million in 2018, then tumbled by 62.44% to $8.7 million in 2019, then increased 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.
• 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.