{"schema_version":"secwatch.filing_event.v1","accession":"0000893538-23-000107","form_type":"8-K","ticker":"SM","cik":"0000893538","company_name":"SM Energy Co","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.309385+00:00","generated_at":"2026-06-09T01:29:53.015181+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SM Energy Q3 net income $222.3M, raises dividend 20% to $0.18/quarter","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000893538-23-000107","json":"https://secwatch.observer/filing/0000893538-23-000107.json","markdown":"https://secwatch.observer/filing/0000893538-23-000107.md","text":"https://secwatch.observer/filing/0000893538-23-000107.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/893538/000089353823000107/0000893538-23-000107-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/893538/000089353823000107/sm-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T01:29:53.015181+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7082c15aebdf935ea3556949d03091d1f8e6fab8","claim":"SM Energy Co updated its full year and fourth quarter 2023 guidance (initiated).","evidence_excerpt":"provided certain full year and fourth quarter 2023 guidance","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000089353823000107/0000893538-23-000107-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"full year and fourth quarter 2023"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"8b1784eb6bed0ec34d8693e880f5815bdb0b9799","claim":"SM Energy Co reported the third quarter of 2023 results: revenue $383.0 million, net income $222.3 million, EPS $1.88 per diluted common share. Guidance reaffirmed.","evidence_excerpt":"2023, net income was $222.3 million, or $1.88 per diluted common share, adjusted net income (1) was $1.73 per diluted common share, net cash provided by operating activities was $383.0 million and Adjusted EBITDAX (1) was $475.6 million, all of which exceeded expectations, benefiting from strong oil production, sequentially increased commodity prices and lower","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000089353823000107/0000893538-23-000107-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2023"},{"label":"Revenue","value":"$383.0 million"},{"label":"Net income","value":"$222.3 million"},{"label":"EPS","value":"$1.88 per diluted common share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}