Skip to content

SM Energy SM Purchase Obligation

Purchase Obligation at other companies

Chord Energy logo
Chord EnergyCHRD

Other financials

Income statement

See full
Revenue$1.5B+75.0%
Gross profit$1.1B+69.5%
Operating income-$298.0M-208%
Net income-$335.0M-284%
EPS (diluted)-$1.68-206%

Balance sheet

See full
Cash & equivalents$449.0M+831,381%
Total debt$138.0M+111%
Total equity$6.9B+55.9%
Total assets$19.1B+118%

Cash flow

See full
Operating cash flow$640.0M+32.5%
CapEx$12.8M
Free cash flow$500.6M+43.7%

Valuation

See full
Market cap$6.51B+117%
P/E49.8×+46.1×
P/S1.7×+0.7×

Profitability

See full
Gross margin71.3%-4.4pp
Operating margin11.2%-28.2pp
Net margin3.5%-24.1pp
FCF margin50.1%+2.8pp

Returns & leverage

See full
Return on equity2.3%-17.9pp
Debt / equity0.0×
Current ratio0.4×-0.2×

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 →

Ask your AI about SM Energy's purchase obligation.

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

Connect your AI
Harbor at dusk
Claude

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.