SM Energy SM Purchase Obligation
Purchase Obligation at other companies
Other financials
Where this comes from
Reported directly by SM Energy in its filing.
Tagged under the XBRL concept us-gaap:ContractualObligation.
The official record: SM Energy’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is SM Energy's purchase obligation?
- SM Energy (SM) reported purchase obligation of $372M in Q4 2025.
- How has SM Energy's purchase obligation changed year-over-year?
- SM Energy's purchase obligation increased by 1.0% year-over-year, from $368.36M to $372M.
- What is the long-term trend for SM Energy's purchase obligation?
- Over 5 years (2020 to 2025), SM Energy's purchase obligation has grown at a 8.3% compound annual growth rate (CAGR), from $249.32M to $372M.
- What does purchase obligation mean?
- This represents legally binding agreements to purchase goods or services in the future, such as drilling equipment or midstream service agreements. These obligations represent future cash outflows that are necessary to maintain production and operational capacity. Investors analyze these to assess the company's future capital expenditure requirements and operational commitments.