SM Energy Research and Development Expenses 2010-2024 | SM
SM Energy annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- SM Energy research and development expenses for the quarter ending June 30, 2024 were $0.017B, a 14.26% increase year-over-year.
- SM Energy research and development expenses for the twelve months ending June 30, 2024 were $0.062B, a 5.73% increase year-over-year.
- SM Energy annual research and development expenses for 2023 were $0.059B, a 8.26% increase from 2022.
- SM Energy annual research and development expenses for 2022 were $0.055B, a 39.82% increase from 2021.
- SM Energy annual research and development expenses for 2021 were $0.039B, a 4.15% decline from 2020.
SM Energy Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$59 |
| 2022 |
$55 |
| 2021 |
$39 |
| 2020 |
$41 |
| 2019 |
$52 |
| 2018 |
$55 |
| 2017 |
$55 |
| 2016 |
$65 |
| 2015 |
$121 |
| 2014 |
$130 |
| 2013 |
$74 |
| 2012 |
$90 |
| 2011 |
$54 |
| 2010 |
$64 |
| 2009 |
$62 |
SM Energy Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-06-30 |
$17 |
| 2024-03-31 |
$19 |
| 2023-12-31 |
$16 |
| 2023-09-30 |
$10 |
| 2023-06-30 |
$15 |
| 2023-03-31 |
$18 |
| 2022-12-31 |
$11 |
| 2022-09-30 |
$14 |
| 2022-06-30 |
$21 |
| 2022-03-31 |
$9 |
| 2021-12-31 |
$13 |
| 2021-09-30 |
$9 |
| 2021-06-30 |
$9 |
| 2021-03-31 |
$9 |
| 2020-12-31 |
$11 |
| 2020-09-30 |
$9 |
| 2020-06-30 |
$10 |
| 2020-03-31 |
$11 |
| 2019-12-31 |
$18 |
| 2019-09-30 |
$12 |
| 2019-06-30 |
$11 |
| 2019-03-31 |
$11 |
| 2018-12-31 |
$14 |
| 2018-09-30 |
$13 |
| 2018-06-30 |
$14 |
| 2018-03-31 |
$14 |
| 2017-12-31 |
$16 |
| 2017-09-30 |
$14 |
| 2017-06-30 |
$13 |
| 2017-03-31 |
$12 |
| 2016-12-31 |
$23 |
| 2016-09-30 |
$13 |
| 2016-06-30 |
$13 |
| 2016-03-31 |
$15 |
| 2015-12-31 |
$38 |
| 2015-09-30 |
$20 |
| 2015-06-30 |
$26 |
| 2015-03-31 |
$37 |
| 2014-12-31 |
$50 |
| 2014-09-30 |
$35 |
| 2014-06-30 |
$24 |
| 2014-03-31 |
$21 |
| 2013-12-31 |
$22 |
| 2013-09-30 |
$16 |
| 2013-06-30 |
$21 |
| 2013-03-31 |
$15 |
| 2012-12-31 |
$24 |
| 2012-09-30 |
$25 |
| 2012-06-30 |
$22 |
| 2012-03-31 |
$19 |
| 2011-12-31 |
$20 |
| 2011-09-30 |
$11 |
| 2011-06-30 |
$10 |
| 2011-03-31 |
$13 |
| 2010-12-31 |
$21 |
| 2010-09-30 |
$14 |
| 2010-06-30 |
$14 |
| 2010-03-31 |
$14 |
| 2009-12-31 |
$13 |
| 2009-09-30 |
$16 |
| 2009-06-30 |
$19 |
| 2009-03-31 |
$14 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - US Exploration and Production |
$5.037B |
$2.374B |
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SM Energy Company is an independent oil and gas company engaged in the exploration, exploitation, development, acquisition and production of natural gas and crude oil in N. America. The company's operations are focused in the Permian Basin region and the South Texas & Gulf Coast region. The company manages its operations in the?Permian Basin?region from its regional office in Midland, TX. Its Midland Basin assets are divided between RockStar and Sweetie Peck. The Midland Basin holding provides the company with substantial future development opportunities in multiple oil-rich locations, like the Spraberry and Wolfcamp formations. SM Energy manages its?South Texas & Gulf Coast?region operations from the company's regional office in Houston, TX.
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