
SM Energy Company
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SM Energy Company is an independent oil and gas exploration and production firm based in Denver, Colorado. Founded in 1908, the company has a long history and has evolved through various name changes, adopting its current name in 2010. It trades on the New York Stock Exchange under the ticker symbol SM.
The company specializes in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids, primarily in key U.S. basins such as the Midland Basin, South Texas, Permian Basin, and Uinta Basin. SM Energy has made significant strides in production, reporting record oil production of 29.4 million barrels in 2024. The company emphasizes high-return drilling locations and has strategically optimized its asset portfolio through various acquisitions and divestitures.
SM Energy is committed to ethical business practices, environmental stewardship, and community engagement. It supports educational and cultural initiatives, including the SM Energy Provost Scholarship in Petroleum Engineering at The University of Tulsa. With approximately 663 employees, SM Energy continues to be a significant player in the energy sector.
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