---
schema_version: "secwatch.filing_event.v1"
accession: "0000893538-24-000059"
form_type: "8-K"
ticker: "SM"
cik: "0000893538"
company_name: "SM Energy Co"
filed_at: "2024-06-28T23:59:59+00:00"
generated_at: "2026-06-01T00:54:21.644090+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SM Energy acquires Uinta Basin assets for $2.55B; NOG takes 20% stake

## Summary
- 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.

## SEC filing metadata
- accession: 0000893538-24-000059
- form_type: 8-K
- ticker: SM
- cik: 0000893538
- company_name: SM Energy Co
- filed_at: 2024-06-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/893538/000089353824000059/0000893538-24-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/893538/000089353824000059/sm-20240627.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000893538-24-000059
- JSON: https://secwatch.observer/filing/0000893538-24-000059.json
- Plain text: https://secwatch.observer/filing/0000893538-24-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.