secwatch.observer — SEC 8-K summary
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Issuer:     SM Energy Co (SM)
CIK:        0000893538
Form:       8-K
Filed at:   2026-04-17T23:59:59+00:00
Accession:  0000893538-26-000052
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02
LLM model:  deepseek-v4-flash:cloud

SM Energy provides preliminary Q1 2026 earnings considerations with realized prices and derivative loss
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- Average realized oil price $73.69/Bbl, gas $1.72/Mcf, NGLs $21.58/Bbl for Q1 2026.
- Anticipates net derivative settlement loss of $30 million for first quarter 2026.
- Basic weighted-average shares outstanding 199 million, diluted 200 million for Q1 2026.
- As of March 31, 2026, had 239,696,577 shares issued and outstanding.
- Preliminary data subject to completion of financial reporting process.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893538/000089353826000052/0000893538-26-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893538/000089353826000052/sm-20260417.htm
  HTML page:      https://secwatch.observer/filing/0000893538-26-000052

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer