SM Energy Company

SM Energy Company is an independent oil and gas exploration and production company headquartered in Denver, Colorado. Founded in 1908, its purpose is to responsibly produce energy supplies, contribute to domestic energy security and prosperity, and positively impact the communities where it operates, thereby making people's lives better.

The company's core business involves the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGLs) within the United States. SM Energy focuses on high-quality assets across four leading U.S. shale basins: the Permian Basin in West Texas and New Mexico, the Denver-Julesburg (DJ) Basin in Colorado, the South Texas (Maverick Basin/Eagle Ford) region, and the Uinta Basin in northeast Utah.

In recent news, SM Energy completed the sale of certain South Texas assets for $950 million in April 2026, generating approximately $900 million in net cash proceeds. These proceeds are being utilized to redeem outstanding 2026 Senior Notes, a strategic move aimed at strengthening the company's balance sheet and reducing debt. Beth A. McDonald serves as the President and CEO, having been appointed in September 2025, while Julio M. Quintana is the Chairman of the Board. The company also completed a merger with Civitas Resources in late January 2026, further diversifying its operations and seeking cost synergies.