{"schema_version":"secwatch.filing_event.v1","accession":"0000893538-24-000076","form_type":"8-K","ticker":"SM","cik":"0000893538","company_name":"SM Energy Co","filed_at":"2024-07-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.207730+00:00","generated_at":"2026-05-31T23:15:01.080599+00:00","sec_items":["1.01","2.03","10.1","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"SM Energy amends credit agreement to permit up to $1.2B in debt for Uinta Basin acquisition from XCL","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000893538-24-000076","json":"https://secwatch.observer/filing/0000893538-24-000076.json","markdown":"https://secwatch.observer/filing/0000893538-24-000076.md","text":"https://secwatch.observer/filing/0000893538-24-000076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/893538/000089353824000076/0000893538-24-000076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/893538/000089353824000076/sm-20240702.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T23:15:01.080599+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}