SM Energy (NYSE:SM) is an independent exploration and production firm focused on onshore unconventional resources in the United States. The company engages in the acquisition, exploration, development and production of oil, natural gas and natural gas liquids. Through integrated drilling and well-completion services, SM Energy applies advanced completion techniques and reservoir management strategies to maximize recovery and operating efficiency.
SM Energy’s operations are concentrated in three core regions: the Permian Basin of West Texas, where it holds acreage in both the Midland and Delaware sub-basins; the Eagle Ford Shale of South Texas; and the Rocky Mountain region, including the Williston Basin in North Dakota. The company’s portfolio is diversified across both oil-weighted and natural-gas-weighted assets, enabling it to adjust to shifting market conditions and capture value across commodity cycles.
Originally founded in 1908 as Southeastern Oil & Gas Company, the business adopted the SM Energy name in 2007 to reflect its growing footprint beyond the Mid-Continent region. Headquartered in Denver, Colorado, SM Energy has evolved over more than a century into a modern E&P operator leveraging technology, data analytics and continuous improvement processes to drive operational performance.
The company is led by President and Chief Executive Officer Jay Ottoson and a management team with extensive experience in exploration, development and financial disciplines. With a focus on disciplined capital allocation, environmental stewardship and community engagement, SM Energy seeks to deliver long-term, sustainable value for stakeholders while advancing safe and responsible resource development.