SM Energy SM Wells in progress
Wells in progress at other companies
Other financials
Where this comes from
Reported directly by SM Energy in its filing.
Tagged under the XBRL concept sm:WellsInProgress.
The official record: SM Energy’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is SM Energy's wells in progress?
- SM Energy (SM) reported wells in progress of $835M in Q1 2026.
- How has SM Energy's wells in progress changed year-over-year?
- SM Energy's wells in progress increased by 55.4% year-over-year, from $537.46M to $835M.
- What is the long-term trend for SM Energy's wells in progress?
- Over 5 years (2020 to 2025), SM Energy's wells in progress has grown at a 14.4% compound annual growth rate (CAGR), from $233.5M to $458M.
- What does wells in progress mean?
- This represents the accumulated costs for drilling and development activities that are currently underway but have not yet reached the production stage. It serves as a leading indicator of near-term production growth and capital expenditure intensity. High levels of wells in progress indicate active development programs aimed at increasing output.