{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NYSE/SM",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# SM Energy Co (NYSE: SM) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nSM Energy Co is listed on NYSE under ticker SM. Its ISIN is US78454L1008 and its LEI is 84BUTVXV5ODI6BXNMH43. The security type is Corporate, the segment is not on the record, the sector is 1311 Crude Petroleum & Natural Gas, and the jurisdiction is United States, Delaware. The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 92 filings in the twelve months to 2026-11-08, across 55 filing days. The median gap between filing days is 4.5 days. Days from the latest filing to the record date are 4. The latest filing is a results filing dated 2026-11-04. On NYSE, the median cadence gap is 6.0 days, the median filings are 64.0, and the median latency is 4.0 days. In the sector 1311 Crude Petroleum & Natural Gas, the median cadence gap is 6.0 days, the median filings are 67.5, and the median latency is 4.0 days.\n\n## Auditor\n\nThe auditor of record is Ernst & Young LLP, located in Denver, Colorado. The record holds one auditor change, dated 2026-02-09.\n\n## Events and halts\n\nThe record holds no listing, delisting or name change lines. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The segment move is not on the record, as the exchanges' tier transfers are not EDGAR filings. The halt flag is listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nThe issuer's investor-relations page names 19 research houses: BMO Capital Markets, Capital One Securities, Inc., GERDES Energy Research, JP Morgan Securities, Inc., KeyBanc Capital Markets, Mizuho Securities USA, LLC, Pickering Energy Partners, Raymond James & Associates, RBC Capital Markets, Roth MKM, Seaport Research Partners, Siebert Williams Shank & Co, Stephens, Inc., Stifel, Susquehanna Financial Group, Truist Securities, TPH Research, UBS, and Wells Fargo.\n\n## Open research\n\nNo openly published research notes were found.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe sealed years that hold the issuer are 2021, 2022, 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.\n\n## Sources\n\n10 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0000893538.json (identity.jurisdiction)\n- https://mapping.gleif.org/api/v2/isin-lei/latest/download (identity.lei)\n- https://mcp.us-cm-kg.ai/events/NYSE/SM (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://www.sec.gov/Archives/edgar/data/893538/000089353826000032/sm-20251231.htm (the auditor)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://www.sm-energy.com/investors/stock-info/analyst-coverage (coverage)\n- https://mcp.us-cm-kg.ai/record/NYSE/SM (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/893538/000089353826000032/sm-20251231.htm",
    "state": "sourced",
    "value": "Ernst & Young LLP"
   },
   "auditor_firm_id": {
    "market": "US",
    "state": "not_on_record"
   },
   "auditor_location": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/893538/000089353826000032/sm-20251231.htm",
    "state": "sourced",
    "value": "Denver, Colorado"
   },
   "changes": [
    {
     "date": "2026-02-09",
     "source": "https://www.sec.gov/Archives/edgar/data/893538/000089353826000023/sm-20260204.htm",
     "title": "8-K — 8-K (items 4.01,9.01)"
    }
   ]
  },
  "cmr": "us-cm-kg/NYSE/SM",
  "coverage": {
   "count": 19,
   "houses": [
    {
     "analyst": "Phillip Jungwirth",
     "house": "BMO Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Brian Velie",
     "house": "Capital One Securities, Inc.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "John Gerdes",
     "house": "GERDES Energy Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Arun Jayaram",
     "house": "JP Morgan Securities, Inc.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Tim Rezvan",
     "house": "KeyBanc Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Nitin Kumar",
     "house": "Mizuho Securities USA, LLC",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Kevin MacCurdy",
     "house": "Pickering Energy Partners",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "John Freeman",
     "house": "Raymond James & Associates",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Scott Hanold",
     "house": "RBC Capital Markets",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Leo Mariani",
     "house": "Roth MKM",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Vin Lovaglio",
     "house": "Seaport Research Partners",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Gabriele Sorbara",
     "house": "Siebert Williams Shank & Co",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Mike Scialla",
     "house": "Stephens, Inc.",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "David Deckelbaum",
     "house": "Stifel",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Charles Minervino/Eric Clay",
     "house": "Susquehanna Financial Group",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Gabriel Daoud",
     "house": "Truist Securities",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Oliver Huang",
     "house": "TPH Research",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Peyton Dorne",
     "house": "UBS",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    },
    {
     "analyst": "Sam Margolin",
     "house": "Wells Fargo",
     "read_by": "issuer IR page, fetched by this rail; each house name read on the page",
     "read_date": "2026-11-11",
     "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "state": "sourced"
    }
   ],
   "pages_checked": [
    {
     "page": "https://www.sm-energy.com/investors/stock-info/analyst-coverage",
     "result": "read: 19 of 38 named houses found on the page"
    }
   ],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": "not stated on the page read",
   "state": "found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 3256,
     "median_cadence_gap_days": 6,
     "median_filings": 64,
     "median_latency_days": 4,
     "name": "NYSE"
    },
    "sector": {
     "issuers": 94,
     "median_cadence_gap_days": 6,
     "median_filings": 67.5,
     "median_latency_days": 4,
     "name": "1311 Crude Petroleum & Natural Gas"
    }
   },
   "by_type": {
    "ad_hoc": 3,
    "agm_egm": 3,
    "corporate_news": 9,
    "director_change": 4,
    "directors_dealings": 32,
    "prospectus": 3,
    "regulatory_filing": 26,
    "results": 11,
    "takeover": 1
   },
   "cadence_median_gap_days": 4.5,
   "filing_days": 55,
   "filings": 92,
   "latency_days": 4,
   "latest": [
    {
     "category": "10-Q",
     "date": "2026-11-04",
     "source": "https://www.sec.gov/Archives/edgar/data/893538/000089353826000147/sm-20260930.htm",
     "title": "10-Q — 10-Q",
     "type": "results"
    },
    {
     "category": "8-K",
     "date": "2026-11-03",
     "source": "https://www.sec.gov/Archives/edgar/data/893538/000089353826000143/sm-20261103.htm",
     "title": "8-K — 8-K (items 2.02,9.01)",
     "type": "results"
    },
    {
     "category": "8-K",
     "date": "2026-10-14",
     "source": "https://www.sec.gov/Archives/edgar/data/893538/000089353826000137/sm-20261014.htm",
     "title": "8-K — 8-K (items 2.02)",
     "type": "results"
    },
    {
     "category": "SD",
     "date": "2026-09-15",
     "source": "https://www.sec.gov/Archives/edgar/data/893538/000089353826000134/a2025formsd.htm",
     "title": "SD — SD",
     "type": "regulatory_filing"
    },
    {
     "category": "4",
     "date": "2026-09-11",
     "source": "https://www.sec.gov/Archives/edgar/data/893538/000089353826000130/xslF345X06/wk-form4_1789158738.xml",
     "title": "4 — FORM 4",
     "type": "directors_dealings"
    }
   ],
   "latest_filing_date": "2026-11-04",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NYSE/SM",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NYSE"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-14",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "US78454L1008"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0000893538.json",
    "state": "sourced",
    "value": "United States — Delaware"
   },
   "lei": {
    "read_by": "GLEIF ISIN-to-LEI mapping file (daily), LEI by exact ISIN",
    "read_date": "2026-11-08",
    "read_date_basis": "the field",
    "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download (ISIN US78454L1008)",
    "state": "sourced",
    "value": "84BUTVXV5ODI6BXNMH43"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0000893538.json",
    "state": "sourced",
    "value": "SM Energy Co"
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0000893538.json",
    "state": "sourced",
    "value": "1311 Crude Petroleum & Natural Gas"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0000893538.json",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "SM"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:d19476c00227819f89903f9e3ac15eecdf59ed54bea8120410e8c604a96779bb",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NYSE/SM",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:d19476c00227819f89903f9e3ac15eecdf59ed54bea8120410e8c604a96779bb",
 "path": "/us/NYSE/SM",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "SM Energy Co is listed on NYSE under ticker SM. Its ISIN is US78454L1008 and its LEI is 84BUTVXV5ODI6BXNMH43. The security type is Corporate, the segment is not on the record, the sector is 1311 Crude Petroleum & Natural Gas, and the jurisdiction is United States, Delaware. The listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 92 filings in the twelve months to 2026-11-08, across 55 filing days. The median gap between filing days is 4.5 days. Days from the latest filing to the record date are 4. The latest filing is a results filing dated 2026-11-04. On NYSE, the median cadence gap is 6.0 days, the median filings are 64.0, and the median latency is 4.0 days. In the sector 1311 Crude Petroleum & Natural Gas, the median cadence gap is 6.0 days, the median filings are 67.5, and the median latency is 4.0 days.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Ernst & Young LLP, located in Denver, Colorado. The record holds one auditor change, dated 2026-02-09.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting or name change lines. The domicile change is not on the record, as EDGAR states no dated change of state of incorporation on a filing line. The segment move is not on the record, as the exchanges' tier transfers are not EDGAR filings. The halt flag is listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "The issuer's investor-relations page names 19 research houses: BMO Capital Markets, Capital One Securities, Inc., GERDES Energy Research, JP Morgan Securities, Inc., KeyBanc Capital Markets, Mizuho Securities USA, LLC, Pickering Energy Partners, Raymond James & Associates, RBC Capital Markets, Roth MKM, Seaport Research Partners, Siebert Williams Shank & Co, Stephens, Inc., Stifel, Susquehanna Financial Group, Truist Securities, TPH Research, UBS, and Wells Fargo.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The sealed years that hold the issuer are 2021, 2022, 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "10 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0000893538.json"
  },
  {
   "for": "identity.lei",
   "source": "https://mapping.gleif.org/api/v2/isin-lei/latest/download"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NYSE/SM"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the auditor",
   "source": "https://www.sec.gov/Archives/edgar/data/893538/000089353826000032/sm-20251231.htm"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "coverage",
   "source": "https://www.sm-energy.com/investors/stock-info/analyst-coverage"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NYSE/SM"
  }
 ],
 "title": "SM Energy Co (SM) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}