SM Energy SM Business Segments — Depletion, depreciation, and amortization

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Questions, answered.

What is SM Energy's business segments — depletion, depreciation, and amortization?

SM Energy (SM) reported business segments — depletion, depreciation, and amortization of $432M in Q1 2026.

How has SM Energy's business segments — depletion, depreciation, and amortization changed year-over-year?

SM Energy's business segments — depletion, depreciation, and amortization increased by 60.0% year-over-year, from $270M to $432M.

What is the long-term trend for SM Energy's business segments — depletion, depreciation, and amortization?

Over 3 years (2022 to 2025), SM Energy's business segments — depletion, depreciation, and amortization has grown at a 26.0% compound annual growth rate (CAGR), from $603.78M to -$1.21B.

What does business segments — depletion, depreciation, and amortization mean?

Reflects the systematic allocation of the cost of tangible and intangible assets, primarily oil and gas properties, over their estimated productive lives. It is a non-cash expense that highlights the capital intensity of the segment's exploration and development activities.