SM Energy

SM Energy’s strategic objective is to be a premier operator of top-tier assets. Founded in 1908, we are an independent exploration and production company with a longstanding, principled approach to doing business ethically and responsibly. Our company culture drives our behavior and we build open, honest and transparent relationships with our stakeholders. Our goal is to make people’s lives better by responsibly producing oil and natural gas, contributing to energy security and prosperity, and having a positive impact in the communities where we live, work, and operate.

GOVERNANCE

At SM Energy, we have an active and engaged Board of Directors equipped with an effective balance of fresh perspective and industry experience. Our Board is responsible for representing the long-term interests of our stockholders and is focused on ethical behavior and adherence to our core values.  Our Board is comprised of eight independent members, plus one non-independent member, Mr. Ottoson. A number of our independent directors have served as members of senior management of other companies in the oil and gas industry or are currently serving or have served as directors of other public companies. We believe that our independent and experienced directors, the specific experiences and skills that they bring to our Board and to their respective board committees, and the overall leadership of our Board by our Chairman provide great benefit to our Company and our stockholders.

Our company vision and culture drive the way we conduct business. Our culture promotes:

• integrity and ethical behavior in the conduct of our business;
• environmental, health and safety stewardship;
• prioritizing the success of others and the team;
• understanding and communicating why we do what we do and how every employee contributes to achieving success;
• being highly collaborative and open to new ideas and technologies that serve business improvement;
• and supporting team members professional and personal development.

Stakeholder Engagement

We believe that open and honest dialogue with all stakeholders best prepares us to be good neighbors.  We regularly engage with the communities where we live, work, and operate because we believe that open, honest dialogue with all stakeholders helps make us a good neighbor. By proactively engaging with local officials, landowners, and emergency responders, we are able to quickly identify and address concerns related to our operations.  For example, SM Energy field tours have become a part of the annual curriculum for the Chamber of Commerce’s Leadership course in Big Spring, Texas. Educating leaders in the community about our business gives them a better understanding of our industry and the positive contributions SM Energy has on their community.