Skip to content
Screener

SM Energy SM Unproved oil and gas properties, valuation allowance

Unproved oil and gas properties, valuation allowance at other companies

Murphy Oil logo
Murphy OilMUR
$6.4M-3.0%
Murphy Oil logo
Murphy OilMUR
$16.3M-44.0%
Gulfport Energy logo
Gulfport EnergyGPOR
$4.05B+15.0%
Chord Energy logo
Chord EnergyCHRD
$10.6B+6.3%
Chord Energy logo
Chord EnergyCHRD
$10.6B+6.3%
Murphy Oil logo
Murphy OilMUR
$207M-16.3%

Other financials

Income statement

See full
Revenue$2.5B+215%
Gross profit$1.9B+242%
Operating income$1.5B+407%
Net income$1.1B+430%
EPS (diluted)$4.46+153%

Balance sheet

See full
Cash & equivalents$620.0M+509%
Total debt$138.0M+111%
Total equity$7.8B+70.2%
Total assets$18.9B+110%

Cash flow

See full
Operating cash flow$1.1B+93.2%
CapEx$12.8M—
Free cash flow$500.6M+43.7%

Valuation

See full
Market cap$6.96B+126%
P/E7×+3.2×
P/S1.3×+0.3×

Profitability

See full
Gross margin74.2%+0.1pp
Operating margin29.6%-8.3pp
Net margin18.2%-7.7pp
FCF margin50.1%+2.8pp

Returns & leverage

See full
Return on equity16.1%-3.1pp
Debt / equity0×0.0×
Current ratio0.6×-0.1×

Where this comes from

Reported directly by SM Energy in its filing.

Tagged under the XBRL concept sm:UnprovedOilAndGasPropertiesValuationAllowance.

The source filing: SM Energy’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 8:55 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000893538-26-000121
Line itemJune 30,2026December 31,2025
Property and equipment (successful efforts method):
Proved oil and gas properties23,21416,012
Accumulated depletion, depreciation, and amortization(8,466)(8,793)
Unproved oil and gas properties, net of valuation allowance of $12 and $12, respectively860460
Wells in progress809458
Other property and equipment, net of accumulated depreciation of $67 and $63, respectively13165
Total property and equipment, net16,5488,202
Noncurrent assets:

Item 1. Financial Statements (unaudited)

FAQ

What is SM Energy's unproved oil and gas properties, valuation allowance?
SM Energy (SM) reported unproved oil and gas properties, valuation allowance of $12M in Q2 2026.
How has SM Energy's unproved oil and gas properties, valuation allowance changed year-over-year?
SM Energy's unproved oil and gas properties, valuation allowance decreased by 55.0% year-over-year, from $26.68M to $12M.
What is the long-term trend for SM Energy's unproved oil and gas properties, valuation allowance?
Over 4 years (2021 to 2025), SM Energy's unproved oil and gas properties, valuation allowance has grown at a -23.4% compound annual growth rate (CAGR), from $34.93M to $12M.
What does unproved oil and gas properties, valuation allowance mean?
Unproved oil and gas properties, valuation allowance as reported by SM Energy Company.

Ask your AI about SM Energy's unproved oil and gas properties, valuation allowance.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude