SM Energy Co. Files 8-K for Material Definitive Agreement

TL;DR

SM Energy just signed a big deal, filing an 8-K. Watch this space.

AI Summary

SM Energy Co. entered into a material definitive agreement on October 13, 2025. The company, formerly known as ST Mary Land & Exploration Co., filed a Form 8-K to report this event. The filing also includes Regulation FD disclosures and financial statements.

Why It Matters

This filing indicates a significant new agreement for SM Energy Co., which could impact its operations, financial standing, and future strategic direction.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial performance and stock price.

Key Numbers

• 1311 — SIC Code (Indicates the company operates in Crude Petroleum & Natural Gas extraction.)

Key Players & Entities

• SM Energy Co. (company) — Registrant
• ST MARY LAND & EXPLORATION CO (company) — Former company name
• October 13, 2025 (date) — Date of earliest event reported
• 1700 Lincoln Street, Suite 3200 (location) — Principal executive offices address
• Denver, Colorado (location) — Principal executive offices city and state
• 41-0518430 (identifier) — I.R.S. Employer Identification No.
• 001-31539 (identifier) — SEC File Number

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common stock, $0.01 par value SM New York Stock Exchange
• $50,000,000 — ior indebtedness in an amount exceeding $50,000,000 under the Company's outstanding senior

Filing Documents

• sm-20251013.htm (8-K) — 29KB
• exhibit101thirdamendment.htm (EX-10.1) — 103KB
• exhibit99110162025pr.htm (EX-99.1) — 6KB
• smenergylogovertical_lga16a.jpg (GRAPHIC) — 251KB
• 0000893538-25-000126.txt ( ) — 610KB
• sm-20251013.xsd (EX-101.SCH) — 2KB
• sm-20251013_lab.xml (EX-101.LAB) — 21KB
• sm-20251013_pre.xml (EX-101.PRE) — 12KB
• sm-20251013_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement On October 13, 2025, SM Energy Company (the " Company ") entered into a Third Amendment (the " Third Amendment ") to Seventh Amended and Restated Credit Agreement (as amended, the " Credit Agreement ") with Wells Fargo Bank, National Association, as administrative agent for the Lenders, and each of the other Lenders that is a party to the Credit Agreement. Prior to effectiveness of the Third Amendment, the Credit Agreement included a springing maturity provision that accelerated the October 1, 2029, maturity date of the Credit Agreement in the event that senior indebtedness in an amount exceeding $50,000,000 under the Company's outstanding senior unsecured notes (the " Senior Notes ") had not been repaid, exchanged, repurchased, refinanced or otherwise redeemed in full by the date that is 91 days prior to the maturity date of such Senior Notes (the " Prior Springing Maturity Provision "). The Third Amendment amends the Credit Agreement to eliminate the Prior Springing Maturity Provision, and to provide that the maturity date of the Credit Agreement shall be accelerated in the event that (i) the outstanding balance of all Senior Notes and other unsecured indebtedness that matures within 91 days exceeds $50,000,000 in the aggregate, and (ii) the Company's borrowing availability under the Credit Agreement, less the aggregate amount of outstanding Senior Notes and other unsecured indebtedness that matures within 91 days, is less than 20% of the current revolving loan commitment amount.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On October 16, 2025, the Company issued a press release (the " Press Release ") announcing the completion of its semi-annual borrowing base redetermination and an amendment to its existing Credit Agreement. A copy of the Press Release is attached hereto as Exhibit 99.1 and incorporated into this Item 7.01 by reference. The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), and will not be incorporated by reference into any filing under the Securities Act of 1933, as amended, unless specifically identified therein and being incorporated therein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit Number Description 10.1 Third Amendment to Seventh Amended and Restated Credit Agreement, dated as of October 13, 2025, by and among SM Energy Company, a Delaware corporation, each of the Lenders that is a party thereto, and Wells Fargo Bank, National Association, as administrative agent for the Lenders, the Issuing Banks and the Swingline Lender 99.1 Press release of SM Energy Company dated October 1 6 , 2025, entitled "SM Energy ' s Lender Group Unanimously Reaffirms Borrowing Base and Approves Amendment to Credit Agreement " 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: October 16, 2025 By: /s/ JAMES B. LEBECK James B. Lebeck Executive Vice President Corporate Development and General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR