UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-31539 SM ENERGY COMPANY (Exact name of registrant as specified in its charter) Delaware 41-0518430 (State or other j ...

SMIENERGY J.P. MORGAN 2022 ENERGY, POWER & RENEWABLES CONFERENCE JUNE 23, 2022 NYSE: SM SM-ENERGY.COM DISCLAIMERS Forward-looking statements This presentation contains forward-looking statements within the meaning of securities laws. The words "demonstrate," "establish," "estimate," "goal," "generate," "optimize," "target," and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this release include, among other things, timeline for achieving low leverage; ...

SMIENERGY JUNE 2022 Correction: the live presentation at the BofA Securities Energy Credit Conference on June 8 will be webcast at 10:30 a.m. Eastern time and accessible from the Company's website. NYSE: SM SM-ENERGY.COM DISCLAIMERS Forward-looking statements This presentation contains forward-looking statements within the meaning of securities laws. The words "demonstrate," "establish," "estimate," "goal," "generate," "optimize," "target," and similar expressions are intended to identify forward-looking st ...

Financial Data and Key Metrics Changes - The company underspent by approximately $20 million in Q1 2022, with plans to shift that spending into Q2, which is expected to be the peak activity period [7] - The company is approaching a leverage ratio of one times and aims to reduce debt to $1 billion by Q4 2022, which may lead to potential returns of capital to shareholders in 2023 [9][10] Business Line Data and Key Metrics Changes - The company plans to complete around 38 wells in 2022, with approximately 30 in the Austin Chalk and 6 to 8 in the Eagle Ford, indicating a strategic focus on capital efficiency [13] - The company reported that its capital efficiency remains among the best in the industry, with well costs still in the sub $700 per foot range due to favorable contracts [15][16] Market Data and Key Metrics Changes - The company has secured sand supply commitments since 2017, ensuring no availability issues, which is crucial for maintaining operational efficiency [17] - The company has implemented basis hedges through 2025 to mitigate pricing risks associated with gas takeaway capacity [26] Company Strategy and Development Direction - The company is focused on maximizing free cash flow over a two to three-year period, with a plan for low-single-digit production growth year-over-year [12] - The company is strategically positioned in the Permian and Eagle Ford basins, with a strong emphasis on technical advancements and operational efficiency [36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to manage production and pricing risks, particularly in light of expected expansions in gas takeaway capacity by midstream operators [25] - The company anticipates beginning to pay cash taxes later in 2022, with projections of $100 million to $150 million annually in the future, assuming stable commodity prices [30][31] Other Important Information - The company is maintaining its inventory target of 400 locations, indicating a robust resource base for future development [22] - Management highlighted the importance of strategic partnerships and data sharing with other operators to optimize completion designs and improve well results [20] Q&A Session Summary Question: CapEx and Production Trajectory - Management indicated that Q2 and Q3 will see peak activities, with a focus on maintaining consistent crew operations for better capital efficiency [7] Question: Return of Capital Timing - Management confirmed that if current conditions persist, a return of capital to shareholders could be considered in Q4 2022 [9] Question: Production Decline and Future Growth - Management explained that production is expected to ramp up in Q3 and Q4 due to increased completions, despite a temporary decline in Q2 [11][12] Question: Eagle Ford Wells Decision - The decision to drill Eagle Ford wells was based on capital efficiency and favorable commodity prices, with a balanced approach to development across both Eagle Ford and Austin Chalk [13] Question: Sand Supply Issues - Management reported no issues with sand supply, attributing this to strategic commitments made in previous years [17] Question: Cash Taxes and Effective Rate - Management projected cash taxes to begin later in 2022, with an effective rate significantly below the statutory rate due to ongoing capital programs [30][34]

SMIENERGY FIRST QUARTER 2022 F I N A N C I A L A N D O P E R AT I N G R E S U LT S NYSE: SM SM-ENERGY.COM DISCLAIMERS Forward-looking statements This presentation contains forward-looking statements within the meaning of securities laws. The words "demonstrate," "establish," "estimate," "goal," "generate," "optimize," "target," and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this release include, among other things, timeline for achieving low levera ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-31539 SM ENERGY COMPANY (Exact name of registrant as specified in its charter) Delaware 41-0518430 (State or other ...

SMIENERGY INVESTOR PRESENTATION MARCH 2022 NYSE: SM SM-ENERGY.COM DISCLAIMERS Forward-looking statements This presentation contains forward-looking statements within the meaning of securities laws. The words "build," "demonstrate," "establish," "estimate," "goal," "generate," "grow," "optimize," "target," and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this presentation include, among other things, projections for the first quarter and full year 202 ...

SM Energy Company (NYSE:SM) Q4 2021 Earnings Conference Call February 25, 2022 10:00 AM ET Company Participants Jennifer Samuels - Vice President, Investor Relations Herb Vogel - President and Chief Executive Officer Wade Pursell - Chief Financial Officer Conference Call Participants Gabe Daoud - Cowen William Howell - Stifel Zach Parham - JPMorgan Karl Blunden - Goldman Sachs Nicholas Pope - Seaport Research Operator Good day and thank you for standing by. Welcome to the SM Energy’s 2021 Financial and Oper ...

SMIENERGY 2021 Earnings and 2022 Operating Plan FEBRUARY 24, 2022 NYSE: SM SM-ENERGY.COM DISCLAIMERS Forward-looking statements This presentation contains forward-looking statements within the meaning of securities laws. The words "build," "demonstrate," "establish," "estimate," "goal," "generate," "grow," "optimize," "target," and similar expressions are intended to identify forward-looking statements. Forward-looking statements in this presentation include, among other things, projections for the first qu ...

Washington, D.C. 20549 FORM 10-K ☑ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2021 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 001-31539 SM ENERGY COMPANY (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) Delaware 41-0518430 1775 Sherman Street, Suite 1 ...