SM Energy Co., headquartered in Denver, Colorado, specializes in acquiring, exploring, and producing oil, gas, and natural gas liquids, primarily in Texas. The company manages assets across the Midland and Maverick Basins, totaling approximately 265,000 net acres.
SM has been in the news recently: SM Energy Company has merged with Civitas Resources, resulting in a new company valued at $12.8 billion, with an expected free cash flow of over $1.4 billion by 2025. Shareholders will control approximately 48% of the combined entity, and Halper Sadeh LLC is investigating the merger.
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