---
schema_version: "secwatch.filing_event.v1"
accession: "0000893538-24-000134"
form_type: "8-K"
ticker: "SM"
cik: "0000893538"
company_name: "SM Energy Co"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:52:45.144958+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SM Energy Q3 EPS $2.09, adjusted $1.62; closes $2.1B Uinta acquisition; raises dividend

## Summary
- 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.

## SEC filing metadata
- accession: 0000893538-24-000134
- form_type: 8-K
- ticker: SM
- cik: 0000893538
- company_name: SM Energy Co
- filed_at: 2024-10-31T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/893538/000089353824000134/0000893538-24-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/893538/000089353824000134/sm-20241031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000893538-24-000134
- JSON: https://secwatch.observer/filing/0000893538-24-000134.json
- Plain text: https://secwatch.observer/filing/0000893538-24-000134.txt

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