SM Energy Company (NYSE:SM) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.

On August6, 2018, SM Energy Company (the “Company”) entered into an underwriting agreement (the“Underwriting Agreement”) with Merrill Lynch, Pierce, Fenner& Smith Incorporated, Wells Fargo Securities, LLC and J.P. Morgan Securities LLC acting as representatives of the several underwriters named therein (the “Underwriters”) providing for the issuance and sale by the Company (the “Offering”) of $500 million in aggregate principal amount of the Company’s 6.625% Senior Notes due 2027 (the “Notes”). The Offering was registered under the Securities Act of 1933, as amended (the “Securities Act”), to a registration statement on FormS-3 (Registration No.333-226597), as amended (the “Registration Statement”) filed by the Company with the Securities and Exchange Commission (the “Commission”) on August6, 2018, as supplemented by a prospectus supplement dated August6, 2018, filed by the Company with the Commission on August7, 2018 to Rule424(b)(5)of the Securities Act (the “Prospectus Supplement”).

to the Underwriting Agreement, the Company agreed, among other things, to indemnify the Underwriters against certain liabilities, including liabilities arising under the Securities Act, or to contribute to payments the Underwriters may be required to make in respect of those liabilities. A copy of the Underwriting Agreement is attached hereto as Exhibit1.1 and is incorporated by reference herein. The foregoing description of the terms of the Underwriting Agreement is qualified in its entirety by reference to this exhibit.

Some of the Underwriters and their respective affiliates have, from time to time, performed, and may in the future perform, various financial advisory, commercial banking and investment banking services for the Company and its affiliates, for which they received or will receive customary fees and expense reimbursement. Affiliates of certain of the Underwriters are lenders under the Company’s credit facility, and an affiliate of one of the Underwriters is the trustee under the Company’s indenture. Certain of the Underwriters and/or their affiliates may hold certain of the Tender Offer Notes (as defined below) and, as a result, may receive a portion of the net proceeds from the Offering. One of the Underwriters is acting as the sole dealer manager and solicitation agent for the Tender Offer (as defined below).

The Company intends to use the net proceeds from the Offering, as described in the Prospectus Supplement under the caption “Use of Proceeds”, to fund the concurrent cash tender offer (the “Tender Offer”) to purchase (i)any and all of its 6.500% Senior Notes due 2023 (the “2023 Notes”) and (ii)up to an aggregate principal amount not to exceed $85,000,000 of its 6.125% Senior Notes due 2022 (the “2022 Notes” and together with the 2023 Notes, the “Tender Offer Notes”).

Item 1.01 Regulation FD Disclosure.

On August6, 2018, the Company issued a press release announcing the pricing of the Offering. A copy of the press release is furnished hereto as Exhibit99.1. In accordance with General Instruction B.2. of Current Report on Form8-K, this press release is deemed to be “furnished” and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information or Exhibitbe deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Cautionary Statement regarding Forward-Looking Statements

This Current Report on Form8-K contains forward-looking statements as defined under the federal securities laws, including statements regarding the intended use of Offering proceeds, the anticipated closing date of the Offering, other aspects of the Offering and the completion of the Tender Offer. Although management believes that expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to be correct. In addition, these statements are subject to certain risks, uncertainties and other assumptions that are difficult to predict and may be beyond our control, including market conditions, customary Offering closing conditions, other factors described in the prospectus supplement and accompanying prospectus for the Offering and other conditions with respect to the Tender Offer set forth in the Offer to Purchase. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, the Company’s actual results may vary materially from what management anticipated, estimated, projected or expected.

Investors are encouraged to closely consider the disclosures and risk factors contained in the Company’s annual and quarterly reports filed from time to time with the Commission and in the prospectus supplement and related prospectus for the Offering. The forward-looking statements contained herein speak only as of the date of this report. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.