SM (SM Energy Co) Accumulated Depreciation: $-8,545 Mil (As of Jun. 2026)

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SM SM Energy Co SM
71 GF Score
Price $38.69
GF Value $50.30
Valuation Modestly Undervalued
! 7 Warning Signs
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What is SM Energy Co Accumulated Depreciation?

SM Energy Co SM +1.71% 71 Accumulated Depreciation is $-8,545 Mil as of Jun. 2026. GuruFocus rates SM with a GF Score™ of 71/100 and a GF Value™ of $50.30 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

SM Energy Co's quarterly accumulated depreciation declined from Dec. 2025 ($-8,868 Mil) to Mar. 2026 ($-7,968 Mil) but then increased from Mar. 2026 ($-7,968 Mil) to Jun. 2026 ($-8,545 Mil).

SM Energy Co's annual accumulated depreciation increased from Dec. 2023 ($-6,890 Mil) to Dec. 2024 ($-7,698 Mil) and increased from Dec. 2024 ($-7,698 Mil) to Dec. 2025 ($-8,868 Mil).

SM Energy Co Accumulated Depreciation Related Terms

SM Energy Co Accumulated Depreciation Historical Data

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The historical data trend for SM Energy Co's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SM Energy Co Accumulated Depreciation Chart

SM Energy Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,697.32 -6,244.66 -6,889.92 -7,698.00 -8,868.00

SM Energy Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8,247.97 -8,554.64 -8,868.00 -7,968.00 -8,545.00
SM
71GF Score
SM Energy Co SM
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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SM Energy Co Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of $-8,545 Mil mean?
SM Energy Co (SM) has a Accumulated Depreciation of $-8,545 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on SM Energy Co and its competitors.
Is SM Energy Co's Accumulated Depreciation too high?
SM Energy Co's current Accumulated Depreciation is $-8,545 Mil. Overall, SM Energy Co has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SM Energy Co's Accumulated Depreciation compare to CHRD and RRC?
SM Energy Co's Accumulated Depreciation of $-8,545 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on SM Energy Co and its competitors. SM Energy Co's current Accumulated Depreciation is $-8,545 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SM Energy Co stock overvalued right now?
Based on GuruFocus' analysis, SM Energy Co (SM) is currently considered Modestly Undervalued. The stock's GF Value™ is $50.30, compared to a current price of $38.69 — trading 23.1% below its estimated fair value. The current Accumulated Depreciation is $-8,545 Mil. SM Energy Co's overall GF Score™ is 71/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For SM Energy Co (SM), the current Accumulated Depreciation is $-8,545 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SM Energy Co (SM) Overvalued in 2026?

Based on GuruFocus' analysis, SM Energy Co stock appears to be undervalued. The current stock price of $38.69 is trading 23.1% below its estimated GF Value™ of $50.30. GuruFocus considers SM Energy Co to be Modestly Undervalued.

Key valuation signals for SM:

  • Accumulated Depreciation: $-8,545 Mil
  • GF Value™: $50.30 vs. price of $38.69 (23.1% below fair value)
  • GF Score™: 71/100 with 7 warning signs

No single metric tells the full story. See the SM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SM Energy Co Business Description

Industry EnergyOil & Gas
Other Exchanges 0KZA:UKSJL:Germany
Address 1700 Lincoln Street, Suite 3200, Denver, CO, USA, 80203
SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in Texas and Utah. The Company operates in the oil and gas extraction industry, focused on exploration and production activities, onshore in the United States. Its portfolio is comprised of assets in the Midland Basin of West Texas, the Maverick Basin of South Texas, and the Uinta Basin of northeastern Utah.
71GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.69
Price
$50.30
GF Value