SM Energy Company
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
SM Energy Company - overview
Established
1908
Location
Denver, CO, US
Primary Industry
Oil & Gas
About
SM Energy Company is an independent oil and gas exploration and production firm dedicated to responsibly supplying energy while prioritizing safety and environmental stewardship across its operations. Founded in 1908, SM Energy Company is based in Denver, US, and focuses on oil and gas exploration and production. The leadership includes CEO Joe Smith and Slade Sanders. The company has maintained its core operations with no significant pivots or changes in strategy.
SM Energy Company operates primarily in oil and gas exploration and production, concentrating on the Midland Basin, South Texas, and the Uinta Basin. Utilizing advanced technology, the firm produces energy supplies while ensuring safety and environmental responsibility. Their clients include energy utilities and industrial sectors reliant on stable energy sources, positively impacting the communities where they operate. SM Energy generates revenue through B2B transactions, primarily selling crude oil and natural gas to energy companies and industrial users.
The firm maintains a strong balance sheet, focusing on optimizing production and managing costs effectively. Pricing for their flagship products is based on market conditions, ensuring they remain competitive in the energy sector.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Exploration and Production
Website
www.sm-energy.com
Total Amount Raised
Subscriber access only
SM Energy Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | SM Energy’s core Powder River Basin assets | - | ||||||||
| Trade Sale | Completed | Rock Oil Company, LLC | - |
Displaying 1 - 2 of 2
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.