SM 📈 SM Energy - Overview

SM Energy Company is an independent energy entity that operates primarily in the state of Texas, focusing on the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids. The company's operational footprint spans key regions, including the Midland Basin, which is part of the larger Permian Basin, a major oil and gas producing area in the United States. Additionally, SM Energy has interests in South Texas, another significant hydrocarbon-producing region. Its diverse portfolio includes working interests in numerous oil and gas producing wells, underscoring its commitment to expanding its resource base and enhancing its production capabilities.

The company's history dates back to 1908, originally known as St. Mary Land & Exploration Company. Over the years, it has undergone significant transformations, including a name change to SM Energy Company in May 2010, reflecting its evolving business strategy and operational scope. Despite its operational focus in Texas, SM Energy is headquartered in Denver, Colorado, a city known for its concentration of energy companies due to its proximity to major oil and gas fields and its business-friendly environment. For more information about SM Energy Company, including its operations, financial performance, and corporate governance, one can visit its official website at https://sm-energy.com.

From an investment perspective, SM Energy Company is listed on the New York Stock Exchange (NYSE) under the ticker symbol SM, offering common stock to investors. The company's ISIN, US78454L1008, is a unique identifier used in the trading of its securities. Classified under the GICS Sub Industry category of Oil & Gas Exploration & Production, SM Energy operates within a sector that is critical to meeting global energy demands. Its business model is designed to create value for shareholders through the efficient exploration, development, and production of oil and gas resources, while also adhering to high standards of environmental stewardship and corporate responsibility.