SM Energy (SM) Other Operating Expenses (2009 - 2026)

SM Energy (SM) reported Other Operating Expenses of -$20.0 million for Q1 2026, down 300.0% year-over-year from $10.0 million in Q1 2025, and down 103.85% quarter-over-quarter from -$9.8 million in Q4 2025.

SM Energy (SM) Other Operating Expenses (2009 - 2026) Analysis & Trends

SM Energy (SM) has 18 years of Other Operating Expenses data on file, last reported at -$20.0 million in Q1 2026.

  • Other Operating Expenses for Q1 2026 came in at -$20.0 million, down 300.0% year-over-year; the trailing twelve-month figure through Mar 2026 was -$37.0 million (down 85.25% YoY), and the FY2025 annual result was -$22.0 million, down 37.5% from the prior year.
  • Other Operating Expenses retreated to -$20.0 million in Q1 2026 per SM's latest filing, from -$9.8 million in the prior quarter.
  • Over five years, Other Operating Expenses peaked at -$384000.0 in Q3 2024 and troughed at -$20.0 million in Q1 2026.
  • A 5-year average of -$5.3 million and a median of -$2.8 million in 2023 frame the typical range for Other Operating Expenses.
  • The sharpest annual moves came in 2022 and 2024: Other Operating Expenses surged 94.72% in 2022, then plunged 1341.81% in 2024.
  • A 5-year view of Other Operating Expenses shows it stood at -$1.9 million in 2022, then soared by 56.51% to -$818000.0 in 2023, then sank by 1341.81% to -$11.8 million in 2024, then climbed by 16.81% to -$9.8 million in 2025, then slumped by 103.85% to -$20.0 million in 2026.
  • Business Quant data shows SM's Other Operating Expenses at -$20.0 million in Q1 2026, -$9.8 million in Q4 2025, and -$5.3 million in Q3 2025.

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
Mar 31, 2026 -20.00 Mn
Dec 31, 2025 -9.81 Mn
Sep 30, 2025 -5.33 Mn
Jun 30, 2025 -1.89 Mn
Mar 31, 2025 -5.00 Mn
Dec 31, 2024 -11.79 Mn
Sep 30, 2024 -384,000.00
Jun 30, 2024 -2.81 Mn
Mar 31, 2024 -1.01 Mn
Dec 31, 2023 -818,000.00
Sep 30, 2023 -2.83 Mn
Jun 30, 2023 -7.20 Mn
Mar 31, 2023 -10.15 Mn
Dec 31, 2022 -1.88 Mn
Sep 30, 2022 -2.29 Mn
Jun 30, 2022 -5.49 Mn
Mar 31, 2022 -1.31 Mn
Dec 31, 2021 -1.42 Mn
Sep 30, 2021 -43.40 Mn
Jun 30, 2021 -1.85 Mn