We strive to operate the right way, every day.

SM Energy’s strategic objective is to be a premier operator of top-tier assets. Founded in 1908, we are an independent exploration and production company with a longstanding, principled approach to doing business ethically and responsibly.

Our company culture drives our behavior, and we build open, honest, and transparent relationships with our stakeholders. Our purpose is to make people’s lives better by responsibly producing oil and natural gas, contributing to energy security and prosperity, and having a positive impact in the communities where we live, work, and operate.

SM Energy is headquartered in Denver, Colorado, and has operations in Texas and Utah.

Where We Operate

Topographical map of Texas and Colorado showing the Company's headquarters in Denver and an office in Houston, with operations in Midland and South Texas.

Our strategy is to focus on high quality, Lower 48 oil and natural gas producing assets, with top-tier economic drilling, completion, and production opportunities. At present, our investment portfolio is focused in eight counties in the state of Texas, specifically the Midland Basin in West Texas and the Maverick Basin in South Texas, and two counties in the state of Utah, specifically the Uinta Basin in northeast Utah. We seek to maximize and expand the value of our assets through application of the latest technologies and outstanding operational execution, with our employees being our most valuable asset. We seek to expand through the acquisition of top-tier acreage and continued delineation of current top-tier assets.

SM Energy Overview

2023 Data

Information shown is prior to the acquisition of the Utah assets.

544
No. Of Employees
(At February 8th, 2024)
~605 <sub>MMBoe</sub>
38% oil, 42% natural gas, 20% NGLs

Total Est. Proved Reserves
(at Year-end)
1,323
Net Producing Wells
 (at Year-end)
152<sub>MBoe/d</sub>
Average Daily Net Production
$192.7<sub>MM</sub>
2023 Local Taxes Paid
$1.2<sub>MM</sub>
Charitable Contributions