1. Shareholder Friendly Management 2. Air Emissions Issues 3. Community Involvement
SM Energy Objectives Achieve competitive advantage through increasing ownership and operatorship of North American oil and gas assets that have: high operating margins; and significant opportunities for additional economic…
SM Energy: Managing a cyclical business Preserve balance sheet strength Improve the portfolio through A&D, core-up Build a strong hedge position Mid-cycle Preserve liquidity Improve well results and capture cost savings Build…
Managing to the Long-term: Driving Shareholder Value 9 of 23 peers are expected to exceed 4 times debt:EBITDAX year-end 2016 20 of 23 peers have issued equity, diluting their long-term shareholders SM only company expected to be below…
SM Energy Governance Consistently receive an ISS Governance score of 1 out of 10 Low level of concern from ISS on compensation Low risk High correlation to business results Say on pay vote passed by at least 97% over past 3…
1. Shareholder Friendly Management 2. Air Emissions Issues 3. Community Involvement
Greenhouse Gas Reporting Recently began reporting greenhouse gas emissions totals on our website: 649,000 metric tons in 2015 Emissions totals based on Counts of tanks Methane counts 25 times more than CO2 Expecting new…
Protecting through Proactive Reduction Facility TAKING ACTION 3 6 14 Combustion Evaluating or Reduced flaring fraction by 75% in four years implementing more Flaring Implementing Green Completions across all basins than 40…
1. Shareholder Friendly Management 2. Air Emissions Issues 3. Community Involvement
Investments in our Communities Permian Food2Kids & West Texas Food Bank Rocky Mtn STEM Billings Energy & Engineering Day STGC Houston Habitat for Humanity Corporate JA in a Day
Investments in our Communities 2015 Total - 1,694,500 Top Partner Organizations Individual/Group Denver Public Library Match 188,727 Habitat for Humanity Midland Independent School District Junior Achievement United Way Match…
SM Energy Vision Be known and respected for the excellence with which we conduct our business and for consistently beating our competition in creating value for stakeholders.