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SM Stock - SM Energy Company


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SM Energy Company is an independent energy firm specializing in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids, primarily operating in Texas. The company’s operations are concentrated in two key areas: the Midland Basin and South Texas, where it manages a substantial portfolio of productive assets.

As of February 24, 2022, SM Energy held approximately 492.0 million barrels of oil equivalent in estimated proved reserves. Its operational footprint includes interests in 825 gross productive oil wells and 483 gross productive gas wells. This extensive infrastructure supports its strategy to maximize production and optimize resource recovery across its key operational regions.

The company, formerly known as St. Mary Land & Exploration Company, rebranded as SM Energy Company in May 2010 to better align with its expanded focus and strategic goals. Founded in 1908, SM Energy has evolved over the decades to become a prominent player in the U.S. energy sector, leveraging its significant reserve base and operational expertise to drive growth.

Headquartered in Denver, Colorado, SM Energy continues to pursue growth opportunities through a combination of strategic acquisitions, exploration, and development activities. The company remains committed to enhancing shareholder value while maintaining a focus on operational efficiency and sustainable practices in its energy production activities.

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