SM Energy Co Files 8-K on Operations, Officer Changes, and Compensation

TL;DR

**SM Energy Co just dropped an 8-K detailing financial results, officer changes, and compensation, so keep an eye on their next moves!**

AI Summary

SM Energy Co filed an 8-K on February 21, 2024, reporting on events that occurred on February 16, 2024. The filing covers results of operations and financial condition, changes in directors or officers, and compensatory arrangements for certain officers. It also includes Regulation FD disclosure and financial statements and exhibits.

Why It Matters

This filing provides investors with crucial updates on SM Energy Co's financial performance, leadership changes, and executive compensation, which can influence stock valuation and future strategic direction.

Risk Assessment

Risk Level: medium — The filing mentions 'Departure of Directors or Certain Officers' which can introduce uncertainty, though the specific details are not provided in the excerpt.

Key Players & Entities

• SM Energy Co (company) — Registrant
• Delaware (company) — State of incorporation
• Denver (company) — City of principal executive offices
• February 16, 2024 (date) — Date of earliest event reported
• February 21, 2024 (date) — Filed as of date

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common stock, $0.01 par value SM New York Stock Exchange
• $180,000 — ch represents a pro rata portion of the $180,000 in value of the Company's common stock
• $24,000 — Mr. Brookman will be paid approximately $24,000, representing a pro rata portion of the

Filing Documents

• sm-20240216.htm (8-K) — 31KB
• exhibit99102212024er.htm (EX-99.1) — 644KB
• exhibit99202212024pressrel.htm (EX-99.2) — 6KB
• smenergylogovertical_lga161.jpg (GRAPHIC) — 251KB
• smenergylogoverticala_sma30.jpg (GRAPHIC) — 251KB
• 0000893538-24-000008.txt ( ) — 1545KB
• sm-20240216.xsd (EX-101.SCH) — 2KB
• sm-20240216_lab.xml (EX-101.LAB) — 24KB
• sm-20240216_pre.xml (EX-101.PRE) — 12KB
• sm-20240216_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. In accordance with General Instruction B.2. of Form 8-K, the following information, including Exhibit 99.1, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (" Exchange Act "), or otherwise subject to the liabilities of that section, nor shall such information and exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. On February 21, 2024, SM Energy Company (" Company ") issued a press release announcing its fourth quarter and full year 2023 financial and operating results, year-ended 2023 reserves, and the Company's 2024 operating plan, as well as announcing its planned participation in upcoming investor conferences and the related details. As indicated in the press release, the Company scheduled a webcast and conference call for February 22, 2024, at 8:00 a.m. Mountain time/10:00 a.m. Eastern time to answer questions. The conference call is publicly accessible via webcast (available live and for replay) and telephone, and the press release includes instructions for accessing the webcast via the Company's website and dial-in information for the call. Availability of the webcast on the Company's website is at the Company's discretion and may be discontinued at any time. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference herein. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Effective February 16, 2024, the Board of Directors (" Board ") of the Company fixed the number of directors at nine and appointed Barton R. Brookman to serve on the Board until the next annual meeting of the Company's stockholders, or until his successor is elected and qualifie

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On February 21, 2024, the Company issued a press release announcing that Mr. Brookman had been appointed to the Board. A copy of the press release is furnished hereto as Exhibit 99.2. In accordance with General Instruction B.2. of Current Report on Form 8-K, this press release is deemed to be "furnished" and shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information or Exhibit be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press release of SM Energy Company dated February 21, 2024, entitled "SM Energy Reports 2023 Results and 2024 Operating Plan" 9 9.2 Press release of SM Energy Company dated February 21, 2024, entitled "SM Energy Announces the Appointment of Barton R. Brookman to the Company's Board of Directors and Promotion of James B. Lebeck" 104 Cover Page Interactive Data File (formatted as Inline XBRL and included as Exhibit 101)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SM ENERGY COMPANY Date: February 21, 2024 By: /s/ PATRICK A. LYTLE Patrick A. Lytle Vice President - Chief Accounting Officer and Controller (Principal Accounting Officer)

View Full Filing

View this 8-K filing on SEC EDGAR