{"schema_version":"secwatch.filing_event.v1","accession":"0000893538-24-000003","form_type":"8-K","ticker":"SM","cik":"0000893538","company_name":"SM Energy Co","filed_at":"2024-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.198871+00:00","generated_at":"2026-06-06T12:26:46.214871+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"SM Energy beats 2023 production guidance, lowers capex, net debt $969M, return ~$300M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000893538-24-000003","json":"https://secwatch.observer/filing/0000893538-24-000003.json","markdown":"https://secwatch.observer/filing/0000893538-24-000003.md","text":"https://secwatch.observer/filing/0000893538-24-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/893538/000089353824000003/0000893538-24-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/893538/000089353824000003/sm-20240201.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T12:26:46.214871+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":"83abb2a5af318114972fc413934ebe652f3d7741","claim":"SM Energy Co reported preliminary financial results for the full year 2023.","evidence_excerpt":"On February 1, 2024, SM Energy Company (“ Company ”) issued a press release announcing certain estimated 2023 operating and financial results, as well as announcing the Company’s planned schedule for year-end 2023 reporting.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/893538/000089353824000003/0000893538-24-000003-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the full year 2023"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}