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On the Record · SM Energy

SM Energy acquisitions, on the record

The businesses SM Energy bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
oil and gas properties in Dawson and northern Martin counties, Texas
Word for word“During 2023, we acquired approximately 20,000 net acres of oil and gas properties in Dawson and northern Martin counties, Texas.” 10-K for 2023
acquisitionDuring 2023—
Midland Basin asset exchange and additional working interests in certain wells
Word for word“Net cash used in investing activities increased for the year ended December 31, 2023, compared with 2022, as a result of a $109.5 million increase in capital expenditures and $109.9 million of cash paid to acquire proved and unproved oil and gas properties in the Midland Basin, including the acquisition of additional working interests in certain wells.” 10-K for 2023
acquisition—$109.9 million of cash paid to acquire proved and unproved oil and gas properties
Uinta Basin assets (approximately 63,300 net acres in Duchesne and Uintah counties, Utah)
Word for word“On October 1, 2024, we acquired approximately 63,300 net acres of primarily proved oil and gas assets, and related supporting facilities located in Duchesne and Uintah counties, Utah, including approximately 103.2 MMBOE of existing net proved reserves, for an unadjusted purchase price of $2.1 billion, establishing a new position in the Uinta Basin in northeastern Utah (“Uinta Basin”).” 10-K for 2024
acquisitionOn October 1, 2024$2.1 billion

Deal filings since 2016

Read from SM Energy’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.