SM Energy (SM) Change in Accured Expenses (2009 - 2018)
SM Energy (SM) posted quarterly Change in Accured Expenses of -$8.8 million for Q1 2018, down 60.54% year-over-year from -$22.4 million in Q1 2017, and down 129.82% quarter-over-quarter from $29.6 million in Q4 2017.
SM Energy (SM) Change in Accured Expenses (2009 - 2018) Analysis & Trends
SM Energy (SM) has reported Change in Accured Expenses for 10 consecutive years, with -$8.8 million the latest figure, recorded in Q1 2018.
- In Q1 2018, Change in Accured Expenses fell 60.54% year-over-year to -$8.8 million; the TTM figure through Mar 2018 stood at $47.8 million (up 845.8% YoY), while the FY2025 annual figure was -$17.0 million, down 115.6% from the prior year.
- Change in Accured Expenses fell to -$8.8 million in Q1 2018 per SM's latest filing, from $29.6 million in the prior quarter.
- Across five years, Change in Accured Expenses topped out at $48.2 million in Q2 2014 and bottomed at -$61.9 million in Q1 2014.
- Historically, Change in Accured Expenses has averaged -$5.2 million across 5 years, with a median of -$5.5 million in 2017.
- Annual changes were most pronounced in 2014 — Change in Accured Expenses slumped 1168.04% — and 2017, when it surged 987.85%.
- SM Energy's Change in Accured Expenses stood at $38.3 million in 2014, then slumped by 131.41% to -$12.0 million in 2015, then surged by 199.47% to $12.0 million in 2016, then soared by 147.54% to $29.6 million in 2017, then tumbled by 129.82% to -$8.8 million in 2018.
- Business Quant data shows SM's Change in Accured Expenses at -$8.8 million in Q1 2018, $29.6 million in Q4 2017, and $30.5 million in Q3 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | - |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 37.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 53.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 168.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | -1.20 Mn |
| 10 | SM Energy | 8.90 Bn | 8.13 Bn | 1.94 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2018 | -8.83 Mn |
| Mar 31, 2018 | -8.83 Mn |
| Dec 31, 2017 | 29.60 Mn |
| Dec 31, 2017 | 29.60 Mn |
| Sep 30, 2017 | 30.53 Mn |
| Sep 30, 2017 | 30.53 Mn |
| Jun 30, 2017 | -3.48 Mn |
| Jun 30, 2017 | -3.48 Mn |
| Mar 31, 2017 | -5.50 Mn |
| Mar 31, 2017 | -5.50 Mn |
| Dec 31, 2016 | 11.96 Mn |
| Dec 31, 2016 | 11.96 Mn |
| Sep 30, 2016 | -3.44 Mn |
| Sep 30, 2016 | -3.44 Mn |
| Jun 30, 2016 | -9.43 Mn |
| Jun 30, 2016 | -9.43 Mn |
| Mar 31, 2016 | -52.29 Mn |
| Mar 31, 2016 | -52.29 Mn |
| Dec 31, 2015 | -12.02 Mn |
| Dec 31, 2015 | -12.02 Mn |