{"filings":[{"id":778596,"accession_number":"0000893538-26-000071","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-06-01T20:25:05+00:00","items":["1.02"],"status":"ready","headline":"SM Energy redeems $419M of 6.75% senior notes due 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Redeemed $419,235,000 aggregate principal of 6.75% Senior Notes due 2026 on June 1, 2026.","Paid all outstanding principal plus accrued and unpaid interest.","All obligations under the indenture for the notes satisfied; notes and guarantees cancelled."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":609837,"accession_number":"0000893538-26-000069","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-05-22T20:17:29+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"SM Energy boosts CEO & COO LTIP targets; CEO severance multiplier raised to 3.0x","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO McDonald LTIP target raised to $5.8M (40% RSU, 60% PSU); COO McKenna to $2.4M (50% each).","CEO change-of-control severance multiplier increased from 2.5x to 3.0x, effective Jan 30, 2026.","Amended severance agreement recognizes Jan 30, 2026 Civitas Merger as a Change of Control.","Annual meeting: all 11 incumbent directors elected; say-on-pay approved (95%); Deloitte ratified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":23164,"accession_number":"0000893538-26-000064","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-05-12T12:55:36+00:00","items":["1.02"],"status":"ready","headline":"SM Energy redeems $400M of 5.000% Senior Notes due 2026, terminates indenture","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Redeemed $400M aggregate principal of 5.000% Senior Notes due 2026 on May 11, 2026.","Paid all accrued and unpaid interest through redemption date; notes and related guarantees cancelled.","All remaining obligations under the governing Indenture satisfied and terminated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99520,"accession_number":"0000893538-26-000059","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"SM Energy Q1 2026: net loss $1.68/sh, raises full-year production guidance, ups synergy target to $375M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net loss of $1.68/diluted share (non-cash derivative loss); adjusted EPS $1.55.","Average net daily production 371.2 MBoe/d (190.3 MBbl/d oil), above mid-point guidance.","Full-year 2026 production guidance raised to 410-430 MBoe/d (222-228 MBbl/d oil); capex plan unchanged at $2.65-2.85B.","Closed $950M South Texas divestiture on Apr 30; net ~$900M used to redeem $819M of 2026 Senior Notes.","Increased annual fixed dividend 10% to $0.88/sh; targeting 20% of post-dividend FCF for buybacks."],"consensus_eps_estimate":1.1767,"consensus_eps_actual":-1.68,"consensus_revenue_estimate":null,"consensus_revenue_actual":1479000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99519,"accession_number":"0000893538-26-000055","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-04-30T23:59:59+00:00","items":["2.01","7.01","9.01"],"status":"ready","headline":"SM Energy closes $950M South Texas asset sale; redeems $819M in 2026 notes","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closed South Texas divestiture for $950M cash; net proceeds ~$900M after adjustments.","Will redeem $419M of 6.75% Senior Notes due Sept 2026 on June 1, 2026, at par.","Will redeem $400M of 5.0% Senior Notes due Oct 2026 (assumed from Civitas) on May 11, 2026, at par.","Borrowing base and lender commitments reaffirmed at $5.0B and $2.5B after divestiture.","CEO cites progress toward $1.0B+ divestiture target and lower-leverage capital structure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99518,"accession_number":"0000893538-26-000052","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-04-17T23:59:59+00:00","items":["2.02"],"status":"ready","headline":"SM Energy provides preliminary Q1 2026 earnings considerations with realized prices and derivative loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Average realized oil price $73.69/Bbl, gas $1.72/Mcf, NGLs $21.58/Bbl for Q1 2026.","Anticipates net derivative settlement loss of $30 million for first quarter 2026.","Basic weighted-average shares outstanding 199 million, diluted 200 million for Q1 2026.","As of March 31, 2026, had 239,696,577 shares issued and outstanding.","Preliminary data subject to completion of financial reporting process."],"consensus_eps_estimate":1.1767,"consensus_eps_actual":-1.68,"consensus_revenue_estimate":null,"consensus_revenue_actual":1479000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":99517,"accession_number":"0000893538-26-000044","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-04-02T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"SM Energy completes tender offer, accepts $893.995M of 8.375% notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Accepted $893.995M aggregate principal of 8.375% Senior Notes due 2028, including $783.605M on March 19 and $110.39M after Early Tender Date.","Final settlement for the $110.39M tranche is scheduled for April 3, 2026.","Notes originally issued by Civitas Resources, assumed by SM Energy in merger.","Tender offer had no minimum condition; BofA Securities served as dealer manager."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115579,"accession_number":"0000893538-26-000037","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-03-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"SM Energy upsizes tender offer to $1B; $783.6M notes tendered early","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Early tender results: $783.6M (58.04% of outstanding) tendered for 8.375% Senior Notes due 2028.","Maximum tender amount increased from $750M to $1B; early tender premium extended to expiration.","Total consideration of $1,031.75 per $1,000 principal includes $50 early tender premium; settlement for early tenders on March 19, 2026.","Notes originally issued by Civitas Resources, assumed in merger; expiration date April 1, 2026.","BofA Securities serving as dealer manager."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115578,"accession_number":"0001104659-26-025261","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-03-09T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"SM Energy issues $1.0B of 6.625% Senior Notes due 2034","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$1.0B aggregate principal amount, 6.625% coupon, matures April 15, 2034.","Interest payable semi-annually on April 15 and Oct 15, starting Oct 15, 2026.","Make-whole redemption prior to April 15, 2029; then step-down premiums (103.313%, 101.656%, 100%).","Notes are unregistered, guaranteed by subsidiary guarantors; covenants restrict debt, dividends, asset sales, liens, affiliate transactions.","Event of default triggers include payment defaults, bankruptcy, unpaid judgments over $100M, and guarantee cessation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115577,"accession_number":"0001104659-26-023652","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-03-05T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"SM Energy prices upsized $1.0B of 6.625% senior notes due 2034 to refinance 2028 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$1.0B aggregate principal amount of 6.625% senior notes due 2034 priced at par.","Expected to close March 9, 2026, subject to customary conditions.","Net proceeds to fund tender offer for up to $750M of its 8.375% Senior Notes due 2028 (outstanding $1.35B).","Additional net proceeds used for general corporate purposes and further repayment of 2028 Notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115576,"accession_number":"0001104659-26-023191","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-03-04T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"SM Energy launches $750M notes offering and tender for high-coupon 2028 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Plans to offer $750M senior notes due 2034 to fund tender offer for up to $750M of its 8.375% notes due 2028.","Tender offer price $1,031.75 per $1,000 principal ($50 early tender premium); expires April 1, 2026.","Tender conditioned on successful debt offering; not conditioned on minimum tender amount.","Files Civitas audited FY2025/2024 financials and unaudited pro forma combined statements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115575,"accession_number":"0000893538-26-000029","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-02-25T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"SM Energy Q4/FY2025: record production 75.5 MMBoe, record OCF $2.01B, raises dividend 10%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2025 net income $648M ($5.64 diluted EPS); adjusted net income $623M ($5.42). Record production 75.5 MMBoe (+21% YoY), 53% oil.","Record adjusted EBITDAX $2.26B (+13% YoY); record operating cash flow $2.01B. Adjusted free cash flow $620M (+28% YoY).","Net debt reduced $437M to 1.05x leverage. Announced $950M South Texas asset sale post-year-end, aiming to cut debt further.","Dividend increased 10% to $0.22/share quarterly ($0.88 annual), payable March 23, 2026. New return framework: 20% buybacks, 80% debt reduction.","2026 guidance: capex $2.65-$2.85B (net of synergies), production 146-153 MMBoe (54% oil). 11 operated rigs, down from 15, to improve free cash flow."],"consensus_eps_estimate":0.8709,"consensus_eps_actual":5.64,"consensus_revenue_estimate":null,"consensus_revenue_actual":3154000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115574,"accession_number":"0001104659-26-017062","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-02-18T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"SM Energy sells S. Texas assets to Caturus for $950M cash; proceeds to reduce debt","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Sale of ~61,000 net acres and ~260 producing wells in Webb County, TX for $950M cash.","Expected close Q2 2026; assets produce ~37-39 MBoe/d in 2026 (45% liquids, 9% oil).","Net proved reserves of ~168 MMBoe as of Dec 31, 2025; asset-level cash flows ~$160M in 2026.","Proceeds to prioritize debt reduction; CEO says updated return-of-capital program coming next week."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115573,"accession_number":"0000893538-26-000023","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-02-09T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"SM Energy dismisses EY as auditor, appoints Deloitte for FY2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Dismissed Ernst & Young as independent auditor on Feb 4, 2026; Deloitte appointed for FY ending Dec 31, 2026.","No disagreements or reportable events in fiscal years 2024, 2023, or subsequent interim period through Feb 4, 2026.","EY's audit reports for 2024 and 2023 were unqualified (no adverse opinion, no qualification).","EY provided letter to SEC agreeing with the company's disclosures, attached as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115572,"accession_number":"0001104659-26-008380","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-01-30T23:59:59+00:00","items":["1.01","2.01","2.03","5.03","7.01","9.01"],"status":"ready","headline":"SM Energy closes all-stock merger with Civitas Resources; becomes top-10 U.S. independent oil producer","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each Civitas share converted to 1.45 SM shares; combined company trades as SM under same name.","Board expanded to 11 members (6 from SM, 5 from Civitas); Beth McDonald named CEO and joins board; Julio Quintana remains chairman.","Annual synergy target of $200-300 million and divestiture target of at least $1.0 billion over next year announced.","Credit facility amended: borrowing base increased to $5.0B, revolving commitments to $2.5B, maturity extended to Jan 2031.","Authorized shares of SM common stock increased from 200M to 400M via charter amendment effective Jan 30, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115571,"accession_number":"0001104659-26-007051","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-01-27T23:59:59+00:00","items":["5.07","7.01","9.01"],"status":"ready","headline":"SM Energy and Civitas stockholders approve merger; expected close Jan 30, 2026","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Stockholders of both SM Energy and Civitas voted in favor of all proposals necessary for the all-stock merger.","SM special meeting: 76.5% of shares represented; ~99.1% approved stock issuance and ~98.6% approved charter amendment to increase authorized shares from 200M to 400M.","Civitas special meeting: 82.9% of shares represented; ~97.7% adopted the merger agreement.","Merger expected to close on January 30, 2026, subject to customary closing conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115570,"accession_number":"0001104659-26-006608","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-01-26T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"SM Energy names new CEO and board slate contingent on Civitas merger close","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Four directors (Bailo, Powers, Sullivan, Vogel) resign effective at closing of First Merger; no disagreement cited.","Board expands to 11; appoints McDonald, Clark, Fox, Helms, van Kempen and Willard as new directors.","Elizabeth McDonald appointed President and CEO ($900k base, 120% STI, $5.3M LTI) effective closing of Second Merger.","Blake McKenna appointed EVP and COO ($550k base, 100% STI, $2.2M LTI) upon closing of Second Merger.","Audit, Compensation and Governance committees reconstituted with new chairs; Executive Committee dissolved."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":115569,"accession_number":"0001104659-26-004849","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2026-01-20T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"SM Energy supplements proxy for Civitas merger after stockholder demands; meeting on Jan 27","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["SM Energy received demand letters alleging disclosure deficiencies; voluntarily supplements proxy statement without admitting liability.","Reveals SM Energy net debt/cash of ~$2,574M and fully diluted shares of ~116.8M as of Sep 30, 2025.","Civitas pro forma net debt/cash of ~$4,945M (after asset sales) and fully diluted shares of ~87.1M as of Oct 30, 2025.","Evercore NAV analysis implied SM Energy equity value per share range of $15.47–$22.63 vs. $20.54 close on Oct 30, 2025.","Special stockholder meetings for both companies remain scheduled for January 27, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132004,"accession_number":"0000893538-25-000167","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-12-19T23:59:59+00:00","items":["5.02","7.01"],"status":"ready","headline":"SM Energy gets HSR early termination for Civitas merger; SVP Knott to depart post-close","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["HSR Act waiting period terminated early by FTC effective Dec 18, 2025.","Merger with Civitas expected to close in Q1 2026, subject to other conditions.","SVP Business Development and Land Kenneth J. Knott will leave current role upon merger close and serve as advisor.","Knott had been with SM Energy for over 25 years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132003,"accession_number":"0000893538-25-000154","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-11-17T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"SM Energy and Civitas announce merger leadership, $1B+ divestiture target, $200M synergies","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Beth McDonald named CEO; Wade Pursell CFO; Blake McKenna COO; James Lebeck EVP post-close.","Board to total 11 members: 6 from SM Energy, 5 from Civitas; Julio Quintana Non-Executive Chairman.","Target of at least $1 billion in divestitures within first year after closing to reduce debt and boost returns.","Identified annual synergies of $200M (upside $300M); NPV-10 of $1.0-$1.5B, representing 22%-32% of pro-forma market cap.","S&P Global and Fitch placed SM Energy on CreditWatch/Rating Watch Positive reflecting improved credit profile."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132002,"accession_number":"0000893538-25-000144","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"SM Energy to acquire Civitas Resources in all-stock merger at 1.45x exchange ratio","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each Civitas share will be exchanged for 1.45 shares of SM Energy common stock.","Post-merger board will have 11 directors – 6 from SM Energy, 5 from Civitas.","Termination fees: $85M from Civitas, $79M from SM; $26M/$24M expense reimbursement if stockholder vote fails.","Closing conditions include stockholder approvals and antitrust clearance; expected close by August 3, 2026.","SM Energy board unanimously approved and recommends stockholders approve the stock issuance and charter amendment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132001,"accession_number":"0000893538-25-000137","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"SM Energy Q3 net income $155.1M, production up 26% YoY, adjusted FCF +80% to $234.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $155.1M ($1.35 diluted EPS); adjusted net income $153.7M ($1.33 diluted).","Production 19.7 MMBoe (213.8 MBoe/d), oil up 47% YoY to 113.9 MBbl/d.","Adjusted free cash flow $234.3M, up 80% YoY; returned $35.1M to stockholders via dividends and buybacks.","Full-year capex guidance raised to $1.375-$1.395B due to working interest acquisitions; production narrowed to 207-208 MBoe/d.","Net debt-to-Adjusted EBITDAX reduced to 1.1x; CEO succession to Beth McDonald next quarter."],"consensus_eps_estimate":1.3257,"consensus_eps_actual":4.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":2449078000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":132000,"accession_number":"0000893538-25-000134","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-11-03T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"SM Energy to acquire Civitas in $12.8B all-stock merger; 1.45 shares per CIVI share","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Each Civitas share exchanges for 1.45 SM Energy shares; combined enterprise value ~$12.8B; expected close Q1 2026.","Pro forma Q2 2025 production 526 MBoe/d; full-year 2025 consensus free cash flow >$1.4B.","Identified annual synergies ~$200M (upside to $300M); fixed quarterly dividend maintained at $0.20/share.","Herb Vogel to remain CEO; Julio Quintana named non-executive chairman; combined HQ in Denver.","SM Energy stockholders own ~48%, Civitas stockholders ~52% of combined company on fully diluted basis."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":131999,"accession_number":"0000893538-25-000126","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-10-16T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"SM Energy borrowing base reaffirmed at $3.0B; commitment unchanged at $2.0B","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Semi-annual borrowing base redetermination: $3.0B reaffirmed, elected commitment stays at $2.0B.","Third Amendment eliminates prior springing maturity tied to senior notes; replaces with short-term debt/availability test.","Amendment required borrowing availability >80% of commitment if unsecured debt >$50M matures within 91 days.","CFO Wade Pursell cited lender group's trust in SM's disciplined strategy and financial strength."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148580,"accession_number":"0000893538-25-000116","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-09-08T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"CEO Herb Vogel plans retirement by March 2026; Elizabeth McDonald appointed President, COO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Herbert S. Vogel to retire as CEO on March 1, 2026; will remain a director until May 2026 annual meeting.","Elizabeth A. McDonald appointed President and COO effective Sept 4, 2025; expected to become CEO upon Vogel's retirement.","McDonald previously EVP & COO since Sept 2024; 20-year Pioneer Natural Resources veteran.","Vogel resigned as President effective Sept 4; will serve as executive advisor transitionally."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":148579,"accession_number":"0000893538-25-000111","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"SM Energy Q2 record production 209.1 MBoe/d beats guidance; net income $201.7M; debt paid to zero","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record quarterly net production of 19.0 MMBoe (209.1 MBoe/d), 5% above guidance mid-point, oil 55% (115.7 Mbbl/d).","Net income $201.7M ($1.76 diluted EPS); adjusted net income $171.9M ($1.50 diluted EPS); Adjusted EBITDAX $569.6M.","Paid down revolver to zero, ending cash $101.9M; net debt-to-EBITDAX 1.2x; targeting 1.0x by year-end.","Full-year capex guidance raised to ~$1.375B from ~$1.3B for non-operated projects; oil mix guidance increased to 53-54%.","Cash tax estimate reduced to ~$10M from $75-95M due to OBBBA tax law benefiting from 100% bonus depreciation."],"consensus_eps_estimate":null,"consensus_eps_actual":3.34,"consensus_revenue_estimate":null,"consensus_revenue_actual":1637487000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167429,"accession_number":"0000893538-25-000044","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-05-27T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"SM Energy annual meeting: all directors elected, say-on-pay and equity plan approved","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 10 incumbent directors elected with majority support; top 'for' votes 94M (Anita M. Powers), lowest 91.9M (William D. Sullivan).","Non-binding advisory vote on executive compensation approved: 87.9M for (93.3%), 6.2M against.","Ratification of Ernst & Young as independent auditor for 2025 passed: 102.3M for, 748K against.","2025 Equity Incentive Compensation Plan approved: 87.8M for (93.3%), 6.2M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":167428,"accession_number":"0000893538-25-000039","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"SM Energy Q1 production 197.3 MBoe/d (high-end); net income $182.3M, up 39% YoY; Uinta outperforms","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net production 17.8 MMBoe (197.3 MBoe/d), 53% oil; total daily production +36% YoY, oil +63% YoY driven by Uinta Basin assets.","Net income $182.3M ($1.59/diluted share); Adjusted net income $1.76/share; Adjusted EBITDAX $588.9M, up 44% YoY.","Adjusted free cash flow $73.8M used for dividends ($22.9M), revolver reduction ($31M), and Uinta acquisition settlement ($14.9M).","Capital expenditures $440.8M (incl. $15M accelerated equipment spend and $5M non-op Midland); full-year LOE guidance raised to ~$5.90/Boe.","Appointed Blake McKenna as SVP Strategic Planning & Corporate Reserves; borrowing base reaffirmed at $3.0B, liquidity ~$2.0B."],"consensus_eps_estimate":null,"consensus_eps_actual":1.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":844544000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184728,"accession_number":"0000893538-25-000028","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-03-26T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Dr. Stephen R. Brand to retire from SM Energy Board at May 2025 annual meeting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Brand informed Board on March 24, 2025; retirement effective May 22, 2025.","Retirement is not due to any disagreement with SM Energy's operations, policies, or practices.","Dr. Brand has served on the Board since 2011.","No replacement director has been announced."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":184727,"accession_number":"0000893538-25-000005","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2025-02-19T23:59:59+00:00","items":["2.02","5.02","9.01"],"status":"ready","headline":"SM Energy reports record 2024 production and reserves; 2025 guidance up 22% YoY; officer changes","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record oil production 29.4 MMBbls (+23% YoY); total production 62.4 MMBoe (+12% YoY).","Full-year net income $770.3M ($6.67 diluted EPS); adjusted EPS $6.80; Adjusted EBITDAX $2.0B.","2025 guidance: production 200-215 MBoe/d, oil 102-112 MBbls/d; CapEx ~$1.3B.","Year-end proved reserves 678 MMBoe (+12% YoY); Uinta Basin added ~100 MMBoe from acquisitions.","Dividend raised to $0.80 annualized; Jennifer Martin Samuels retiring; Pat Lytle promoted to SVP Finance overseeing IR/ESG."],"consensus_eps_estimate":null,"consensus_eps_actual":6.67,"consensus_revenue_estimate":null,"consensus_revenue_actual":2690259000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201305,"accession_number":"0000893538-24-000148","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K/A","filed_at":"2024-12-12T23:59:59+00:00","items":["9.01"],"status":"ready","headline":"SM Energy files amendment to 8-K with financial statements for its 80% Uinta Basin acquisition","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of an undivided 80% interest in Uinta Basin oil and gas assets from XCL Sellers closed October 1, 2024.","Amendment includes audited annual financial statements of XCL Resources Holdings for year ended Dec 31, 2023: revenue $871.2M, net income $399.0M.","Also includes unaudited interim financial statements for six months ended June 30, 2024 and 2023 for XCL Resources Holdings.","Pro forma condensed combined financial information for SM Energy as of June 30, 2024 and for six months and year ended Dec 31, 2023 is filed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201308,"accession_number":"0000893538-24-000140","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-12-02T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"SM Energy appoints Dr. Ashwin Venkatraman to Board, effective Nov 26, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Venkatraman appointed as independent director and Audit Committee member; board size set at ten.","He is President/CEO of Resermine, Inc., focused on subsurface AI/ML for oil recovery.","Background includes Shell (15 years) and academic roles at Univ. of Oklahoma, UT Austin, Princeton.","Receives pro-rata grant of 2,027 SM shares ($185K annual director equity value) and $46,456 retainer.","Appointment expands board expertise in data analytics and machine learning for operations optimization."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201307,"accession_number":"0000893538-24-000134","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-10-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"SM Energy Q3 EPS $2.09, adjusted $1.62; closes $2.1B Uinta acquisition; raises dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $240.5M ($2.09 diluted EPS); adjusted EPS $1.62; production 15.6 MMBoe (170.0 MBoe/d) above guidance.","Closed $2.1B acquisition of 80% interest in Uinta Basin; adds ~63,300 net acres and high oil content production.","Adjusted free cash flow $129.8M, up 32% from Q2; quarterly dividend increased to $0.20/share from $0.18.","Q4 2024 guidance: production 205-220 MBoe/d (51% oil); capex $320-$340M; full-year capex $1.24-$1.26B.","Borrowing base raised to $3.0B; $500M share repurchase authorization through 2027; net debt-to-EBITDAX 0.5x."],"consensus_eps_estimate":null,"consensus_eps_actual":5.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":1838038000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":201306,"accession_number":"0000893538-24-000130","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-10-02T23:59:59+00:00","items":["1.01","2.01","9.01","2.03","7.01"],"status":"ready","headline":"SM Energy closes $2.1B Uinta Basin acquisition of 80% interest in XCL Resources assets","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Net purchase price of $2.1B for 80% undivided interest; $1.9B cash paid at closing on Oct 1, 2024.","Acquisition adds ~63,300 net acres, 110 MMBoe proved reserves, and 86-87% oil content production.","Credit facility amended: commitments increased from $1.25B to $2.0B, maturity extended to Oct 2029.","Funding from $1.5B senior notes issued July 2024, plus cash on hand and credit facility borrowings.","Initial estimate of 465 net drilling locations normalized to 10,000-foot laterals with high well economics."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217340,"accession_number":"0000893538-24-000123","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-09-09T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"SM Energy appoints Beth McDonald as EVP and COO effective Sept 9, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Base salary $560,000; short-term incentive target 100% of base; long-term incentive target $2.3M (50% RSUs, 50% PSUs).","Sign-on bonus of $1,750,000, paid 50% at start and 50% at one-year anniversary.","McDonald previously Executive VP – Strategic Planning, Field Development and Marketing at Pioneer Natural Resources.","CEO Herb Vogel cites her 20 years of Permian and Eagle Ford experience; she will also oversee new Utah assets.","Entered into a Change of Control Executive Severance Agreement with terms consistent with prior filings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217339,"accession_number":"0000893538-24-000119","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-08-26T23:59:59+00:00","items":["1.02"],"status":"ready","headline":"SM Energy redeems $349.1M of 5.625% Senior Notes due 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Paid $349.1M to redeem all outstanding 5.625% Senior Notes due 2025, plus accrued interest.","Satisfied and discharged all remaining obligations under the indenture on August 26, 2024.","Redeemed notes will be cancelled upon settlement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217338,"accession_number":"0000893538-24-000114","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-08-22T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"SM Energy clears HSR waiting period for XCL Uinta Basin acquisition; closing expected Oct 1","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["HSR Act waiting period expired at 11:59 p.m. ET on August 21, 2024.","Closing of the Uinta Basin asset acquisition from XCL Resources expected on October 1, 2024.","Acquisition originally announced on June 27, 2024; subject to customary closing conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217337,"accession_number":"0000893538-24-000103","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"SM Energy beats Q2 estimates with $1.82 EPS; announces $2.1B Uinta Basin acquisition and increased return of capital","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net income $210.3M ($1.82 diluted EPS); adjusted EPS $1.85; production 158.5 MBoe/d (46% oil).","Acquired additional Uinta Basin assets for ~$70M (80% interest); combined with XCL acquisition total $2.1B, adding 63,300 net acres, 465 locations.","Board approved 11% dividend increase to $0.20/share starting Q4 2024; share repurchase program reloaded to $500M through 2027.","Issued $1.5B in senior notes (6.75% 2029, 7.00% 2032) to fund acquisitions and redeem 2025 notes.","Full-year production guidance unchanged at 57-60 MMBoe; oil percentage raised to 45%; capex unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":2.94,"consensus_revenue_estimate":null,"consensus_revenue_actual":1194425000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217336,"accession_number":"0000893538-24-000085","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-07-25T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"SM Energy issues $1.5B in senior notes, redeems $349.1M of 5.625% notes due 2025","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $750M 6.750% Senior Notes due 2029 and $750M 7.000% Senior Notes due 2032 on July 25, 2024.","Proceeds used to redeem $349.1M of 5.625% Senior Notes due 2025 on Aug 26, 2024 at par plus accrued interest.","Bridge loan commitment of $1.2B expired upon note issuance; notes have special mandatory redemption tied to XCL Acquisition closing by July 1, 2025.","Indenture includes typical covenants limiting debt, dividends, asset sales, and liens; investment-grade rating would suspend certain covenants.","Redemption prices start at 106.75% (2029 notes) or 107% (2032 notes) for equity-clause redemptions; make-whole call options apply before certain dates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217335,"accession_number":"0000893538-24-000081","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-07-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"SM Energy prices $1.5B senior notes offering to fund Uinta Basin acquisition and redeem 2025 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $750M 6.750% senior notes due 2029 and $750M 7.000% senior notes due 2032, both at par.","Net proceeds, with cash on hand and credit borrowings, to fund XCL Resources Uinta Basin acquisition and redeem outstanding 5.625% notes due 2025.","Special mandatory redemption of 2029 notes if XCL Acquisition not closed by July 1, 2025.","Offering expected to close July 25, 2024, subject to customary conditions.","Notes offered via private placement under Rule 144A/Regulation S."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217334,"accession_number":"0000893538-24-000079","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-07-18T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"SM Energy announces $1.3B note offering to finance XCL acquisition; raises dividend, $500M buyback","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Plans to offer $650M senior notes due 2029 and $650M senior notes due 2032 in private placement.","Proceeds used to fund $2.04B (80% share) XCL acquisition of Uinta Basin assets and redeem 5.625% 2025 notes.","Acquisition targets 37,200 net acres, Q1 2024 production ~38,200 boe/d (88% oil), 145 MMBOE proved reserves.","Dividend increased to $0.20/share quarterly; Board authorized new $500M share repurchase program through 2027.","2029 notes subject to special mandatory redemption if XCL deal not closed by July 1, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":217333,"accession_number":"0000893538-24-000076","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-07-08T23:59:59+00:00","items":["1.01","2.03","10.1","9.01"],"status":"ready","headline":"SM Energy amends credit agreement to permit up to $1.2B in debt for Uinta Basin acquisition from XCL","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Entered First Amendment to credit agreement on July 2, 2024 to facilitate acquisition of Uinta Basin oil and gas assets from XCL Resources.","Amendment permits incurrence of up to $1.2 billion in XCL Acquisition Additional Indebtedness (bridge loans, senior notes) without borrowing base reduction.","Modifies excess cash covenant to exclude acquisition-related cash and proceeds for up to 30 days.","Allows liens on proceeds of notes issued into escrow and special mandatory redemption provisions.","Acquisition agreement signed June 27, 2024; closing expected by July 1, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237150,"accession_number":"0000893538-24-000059","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-06-28T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"SM Energy acquires Uinta Basin assets for $2.55B; NOG takes 20% stake","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Acquisition of Uinta Basin assets for $2.55B cash; SM's share $2.04B (80%), NOG's $510M (20%).","Financing commitments from JPMorgan, BofA, Wells for up to $1.2B in bridge loans and credit backstop.","Cooperation Agreement with NOG outlines joint acquisition terms, including 20% undivided interest and cost sharing.","Closing subject to customary conditions; 5% deposit ($127.5M) placed in escrow, allocated 80/20 between SM and NOG.","Acquisition includes leases, wells, rights-of-way, sand mine, and SWD system in Uinta Basin."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237149,"accession_number":"0000893538-24-000039","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-05-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"SM Energy stockholders elect all director nominees and approve all proposals at 2024 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 10 director nominees elected with majority support; lowest vote was 97.97M for (Brand).","Non-binding advisory vote on executive compensation approved: 98.93M For, 1.06M Against.","Ratification of Ernst & Young as independent auditor for 2024 approved: 107.46M For, 0.62M Against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":237148,"accession_number":"0000893538-24-000028","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"SM Energy beats Q1 production, raises FY guidance, lowers capex; net income $1.13/share adjusted $1.41","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net production 145.1 MBoe/d (44% oil) exceeded guidance; net income $131M ($1.13 diluted EPS).","Full-year production guidance raised 2% to 57-60 MMBoe; capex guidance lowered 2% to $1.14-$1.18B.","Adjusted EBITDAX $409M (+2% YoY); adjusted free cash flow $67.9M (+35% YoY).","Returned $53.6M to shareholders (buybacks + $0.18/sh dividend); $182.1M remains on repurchase program.","Expanded South Texas Austin Chalk acreage by ~8,000 net acres via drill-to-earn; new wells show strong initial rates."],"consensus_eps_estimate":null,"consensus_eps_actual":1.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":559870000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254726,"accession_number":"0000893538-24-000008","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-02-21T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"SM Energy FY2023 net income $817.9M ($6.86 EPS); 2024 production guidance raised 3-4%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2023 net income $817.9M ($6.86 diluted EPS); adjusted EPS $5.89. Q4 net income $247.1M ($2.12).","Net production 55.5 MMBoe in 2023 (152.0 MBoe/d), up 5% YoY. 2024 guidance: 56-59 MMBoe.","Record proved reserves 605 MMBoe, up 13% YoY. Net debt reduced to $969M, debt-to-EBITDAX 0.57x.","2024 capex guided $1.16-1.20B; $214.9M remaining share repurchase authorization.","Appointed Barton Brookman (former PDC Energy CEO) to board; James Lebeck promoted to EVP & General Counsel."],"consensus_eps_estimate":null,"consensus_eps_actual":6.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":2373886000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":254725,"accession_number":"0000893538-24-000003","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2024-02-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"SM Energy beats 2023 production guidance, lowers capex, net debt $969M, return ~$300M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2023 production 55.5 MMBoe (152.0 MBoe/d), up 5% YoY, exceeding guidance; Q4 production 14.1 MMBoe at 43% oil.","Estimated 2023 capex $1,070M (incl. accruals), below guided range; Q4 capex $268M, below low end of guidance.","Net debt ~$969M at year-end (long-term debt $1,585M, cash $616M); leverage ratio expected to improve from Q3.","Returned ~$300M to shareholders in 2023 via share repurchases (6.93M shares retired) and dividends; $215M remaining on buyback authorization.","Full financial results and 2024 operating plan to be released on Feb 21 after market close, with Q&A call Feb 22."],"consensus_eps_estimate":null,"consensus_eps_actual":6.86,"consensus_revenue_estimate":null,"consensus_revenue_actual":2373886000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":272196,"accession_number":"0000893538-23-000107","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","8.01","9.01"],"status":"ready","headline":"SM Energy Q3 net income $222.3M, raises dividend 20% to $0.18/quarter","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net income $222.3M ($1.88 diluted EPS); adjusted EPS $1.73; Adjusted EBITDAX $475.6M.","Board approves 20% dividend increase to $0.18/quarter ($0.72 annual), starting Q1 2024.","Returned $114.1M to shareholders in Q3 via dividends and repurchases of 2.35M shares.","Full-year production guidance narrowed to 55.1-55.4 MMBoe; capex ~$1.1B.","Completed asset exchange in Sweetie Peck for ~100% WI in nine DUC wells, boosting early 2024 output."],"consensus_eps_estimate":null,"consensus_eps_actual":4.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":1765160000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":289043,"accession_number":"0000893538-23-000086","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2023-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"SM Energy Q2 net income $149.9M ($1.25/sh) vs $2.60/sh YoY; acquires 20,000 Midland acres for $90.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $149.9M ($1.25 diluted EPS); adjusted EPS $1.28; Adjusted EBITDAX $390.2M.","Production 14.1 MMBoe (154.4 MBoe/d), 42% oil, exceeding guidance due to strong South Texas well performance.","Returned $86.8M to stockholders via dividends ($0.15/sh) and share repurchases (2.55M shares).","Acquired ~20,000 net acres in Dawson and Martin Counties, TX for $90.6M, adding ~1,250 Boe/d net production (90% oil).","Full-year 2023 production guidance raised to 53.5-55.5 MMBoe; capex reduced to $1,050M (ex-acquisitions)."],"consensus_eps_estimate":null,"consensus_eps_actual":2.88,"consensus_revenue_estimate":null,"consensus_revenue_actual":1124259000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":309775,"accession_number":"0000893538-23-000056","cik":893538,"company_name":"SM Energy Co","ticker":"SM","form_type":"8-K","filed_at":"2023-06-21T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"SM Energy announces Q2 2023 activity: 2.6M shares repurchased, production up, 22,800 acre acquisition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Repurchased 2.6 million shares (2.2% of outstanding) in Q2 2023 under $500M program; total repurchases 5.3M shares since inception.","Expects to exceed high-end of Q2 production guidance due to higher oil, gas, and NGL volumes from South Texas.","Expects to underspend low-end of Q2 capital and LOE guidance due to cost deflation; plans additional Midland Basin rig in October 2023.","Entered agreement to acquire 20,000 net acres in Dawson and Martin counties, Texas for $93.5M with 1,250 Boe/d production (~90% oil).","Acquired additional 2,800 net acres adjacent to prior Midland Basin acquisition, bringing combined acreage to 9,100 net acres."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":7463376920.220699,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2023-06-21T23:59:59+00:00|309775"}