SM Energy (SM) Asset Writedowns and Impairment (2009 - 2022)
SM Energy's Asset Writedowns and Impairment came in at $1.03 million for Q4 2022, down 88.2% from $8.75 million a year earlier and down 4.0% from the prior quarter.
SM Energy (SM) Asset Writedowns and Impairment (2009 - 2022) Analysis & Trends
For FY2022, SM Energy's Asset Writedowns and Impairment was $7.5 million, down 78.6% from FY2021.
- Asset Writedowns and Impairment carries a five-year compound annual growth rate of -14.2% (FY2017 to FY2022).
- Going back by year, Asset Writedowns and Impairment was $35 million in FY2021 (-96.6%), $1.02 billion in FY2020, $33.84 million in FY2019 (-32.2%) and $49.9 million in FY2018 (+209.9%).
- The five-year range for quarterly Asset Writedowns and Impairment is $1 million (Q1 2022) to $989.76 million (Q1 2020).
- Year-over-year, Asset Writedowns and Impairment has declined for four consecutive quarters, with an average decline of 51.7% over the last eight quarters.
- The fastest year-over-year change in Asset Writedowns and Impairment over five years came in Q4 2018 (growth of 46.1%), and the weakest in Q1 2021 (a decline of 99.1%).
- Business Quant data shows SM's Asset Writedowns and Impairment at $1.08 million (Q3 2022), $4.39 million (Q2 2022) and $1 million (Q1 2022) in the three quarters before Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 674.90 Bn | 638.12 Bn | - |
| 2 | Shell | 547.48 Bn | 458.03 Bn | 30.13 Bn |
| 3 | Chevron | 408.53 Bn | 386.32 Bn | 33.45 Bn |
| 4 | TotalEnergies SE | 186.30 Bn | 69.43 Bn | - |
| 5 | Eni Spa | 172.32 Bn | 121.84 Bn | - |
| 6 | Conocophillips | 152.28 Bn | 124.99 Bn | 12.81 Bn |
| 7 | Equinor Asa | 106.44 Bn | 52.50 Bn | - |
| 8 | Phillips 66 | 105.58 Bn | 94.57 Bn | 8.38 Bn |
| 9 | Canadian Natural Resources | 100.85 Bn | 97.81 Bn | - |
| 10 | SM Energy | 8.37 Bn | 6.77 Bn | 1.94 Bn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 1.03 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Jun 30, 2022 | 4.39 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Dec 31, 2021 | 8.75 Mn |
| Sep 30, 2021 | 8.75 Mn |
| Jun 30, 2021 | 8.75 Mn |
| Mar 31, 2021 | 8.75 Mn |
| Dec 31, 2020 | 8.75 Mn |
| Sep 30, 2020 | 8.75 Mn |
| Jun 30, 2020 | 8.80 Mn |
| Mar 31, 2020 | 989.76 Mn |
| Dec 31, 2019 | 8.74 Mn |
| Sep 30, 2019 | 6.34 Mn |
| Jun 30, 2019 | 12.42 Mn |
| Mar 31, 2019 | 6.34 Mn |
| Dec 31, 2018 | 23.29 Mn |
| Sep 30, 2018 | 9.10 Mn |
| Jun 30, 2018 | 11.94 Mn |
| Mar 31, 2018 | 5.63 Mn |
SM Energy Asset Writedowns and Impairment API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=SM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-writedowns-and-impairment", "ticker": "SM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=SM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();