** **

** **

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

** **

**FORM 10-K/A**

**Amendment No. 1**

** **

**x        Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

** **

**For the fiscal year ended December 31, 2013**

** **

**or**

** **

**o        Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

** **

**Commission file number 001-31539**

** **

**SM ENERGY COMPANY**

(Exact name of registrant as specified in its charter)

 

| **Delaware**

(State or other jurisdiction

of incorporation or organization)                          |   | **41-0518430**

(I.R.S. Employer Identification No.) |
|--------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------|
|                                                                                                   |   |                                                 |
| **1775 Sherman Street, Suite 1200, Denver,   Colorado**

(Address of principal executive offices) |   | **80203**

(Zip Code)                                |

 

**(303) 861-8140**

(Registrant’s telephone number, including area code)

 

Securities registered pursuant to Section 12(b) of the Act:

 
| **Title of each class** | ** ** | **Name of each exchange on which registered** |
|----------------------------------------|------------|-----------------------------------------------------------------------------|
| Common stock, $.01 par value           |       | New York Stock Exchange                                                     |

 

Securities registered pursuant to Section 12(g) of the Act: **None**

 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes x  No o

 

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.  Yes o No x

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes  x No  o

 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes  x  No  o

 

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.  x

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

| Large accelerated filer x                     |   | Accelerated filer o         |
|-----------------------------------------------|--------|-----------------------------|
|                                          |   |                        |
| Non-accelerated filer o                       |   | Smaller reporting company o |
| (Do not check if a smaller reporting company) |   |                        |

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).  Yes o  No x

 

The aggregate market value of the 65,508,073 shares of voting stock held by non-affiliates of the registrant, based upon the closing sale price of the registrant’s common stock on June 28, 2013, the last business day of the registrant’s most recently completed second fiscal quarter, of $59.98 per share, as reported on the New York Stock Exchange; was $3,929,174,219.  Shares of common stock held by each director and executive officer and by each person who owns 10 percent or more of the outstanding common stock or who is otherwise believed by the registrant to be in a control position have been excluded.  This determination of affiliate status is not necessarily a conclusive determination for other purposes.

 

As of February 12, 2014, the registrant had 67,056,441 shares of common stock outstanding, which is net of 22,412 treasury shares held by the registrant.

**DOCUMENTS INCORPORATED BY REFERENCE**

 

Certain information required by Items 10, 11, 12, 13, and 14 of Part III is incorporated by reference from portions of the registrant’s definitive proxy statement relating to its 2014 annual meeting of stockholders to be filed within 120 days after December 31, 2013.

 

 

 

----

 

**EXPLANATORY NOTE:**

 

This Amendment No. 1 on Form 10-K/A (the “Amendment”) amends the Annual Report on Form 10-K of SM Energy Company (the “Company”, “our,” “we” or “SM Energy”) for the year ended December 31, 2013, originally filed with the Securities and Exchange Commission (“SEC”) on February 19, 2014 (the “Original Form 10-K”). This Amendment is an exhibit only filing in response to comments received from the SEC in connection with its review of a request for confidential treatment of certain portions of Exhibit 2.4 originally filed with the Original Form 10-K. In response to these comments, we have amended the redacted portions of Exhibit 2.4. We have modified Part IV Item 15(b), “Exhibits” in this Amendment to reflect our revised request for confidential treatment for Exhibit 2.4. We are re-filing herewith Exhibit 2.4 omitting certain portions for which we have applied for confidential treatment and including others for which we have withdrawn our request for confidential treatment.

 

In addition, pursuant to the rules of the Securities and Exchange Commission, Item 15 of the Original Form 10-K has been amended to contain currently dated certifications of the Company’s Chief Executive Officer and Chief Financial Officer, as required by Section 302 of the Sarbanes-Oxley Act of 2002. All other information contained in the Original Form 10-K remains unchanged.

 

This Amendment is limited in scope to the items identified above and should be read in conjunction with the Original Form 10-K. This Amendment does not reflect events that have occurred after the filing of the Original Form 10-K and no revisions are being made to the Company’s financial statements pursuant to this Amendment. Other than the filing of the information identified above, this Amendment does not modify or update the disclosure in the Original Form 10-K in any way.

 

2

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**ITEM 15.              EXHIBITS AND FINANCIAL STATEMENT SCHEDULES**

 

*(b) Exhibits. *The following exhibits are filed or furnished with or incorporated by reference into this report on Form 10-K/A:

 
| **Exhibit   Number** | ** ** | **Description**                                                                                                                                                                                                                                                                                                                                                                                                       |
|----------------------|------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 2.1                  |       | Purchase   and Sale Agreement dated June 9, 2011, among SM Energy Company, Statoil Texas   Onshore Properties LLC, and Talisman Energy USA Inc. (filed as Exhibit 2.1 to   the registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30,   2011 and incorporated herein by reference)                                                                                                            |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 2.2                  |       | Acquisition   and Development Agreement dated June 29, 2011 between SM Energy Company and   Mitsui E&P Texas LP (filed as Exhibit 2.2 to the registrant’s Quarterly   Report on Form 10-Q for the quarter ended June 30, 2011 and incorporated   herein by reference)                                                                                                                                        |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 2.3                  |       | First   Amendment to Acquisition and Development Agreement dated October 13, 2011   between SM Energy Company and Mitsui E&P Texas (filed as Exhibit 2.1 to   the registrant’s Quarterly Report on Form 10-Q for the quarter ended   September 30, 2011 and incorporated herein by reference)                                                                                                                |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 2.4*††     |       | Purchase   and Sale Agreement dated November 4, 2013, among SM Energy Company, EnerVest   Energy Institutional Fund XIII-A, L.P., EnerVest Energy Institutional Fund   XIII-WIB, L.P., and EnerVest Energy Institutional Fund XIII-WIC, L.P.                                                                                                                                                                          |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 3.1                  |       | Restated   Certificate of Incorporation of SM Energy Company, as amended through   June 1, 2010 (filed as Exhibit 3.1 to the registrant’s Quarterly   Report on Form 10-Q for the quarter ended June 30, 2010 and incorporated   herein by reference)                                                                                                                                                  |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 3.2                  |       | Amended   and Restated By-Laws of SM Energy Company amended effective as of January 1,   2013 (filed as Exhibit 3.1 to the registrant’s Current Report on Form 8-K   filed on January 7, 2013, and incorporated herein by reference)                                                                                                                                                                        |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 4.1                  |       | Indenture   related to the 3.50% Senior Convertible Notes due 2027, dated as of April 4,   2007, between St. Mary Land & Exploration Company and Wells Fargo Bank,   National Association, as trustee (including the form of 3.50% Senior   Convertible Note due 2027) (filed as Exhibit 4.1 to the registrant’s Current   Report on Form 8-K filed on April 4, 2007 and incorporated herein by   reference) |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 4.2                  |       | Indenture   related to the 6.625% Senior Notes due 2019, dated as of February 7, 2011, by   and between SM Energy Company, as issuer, and U.S. Bank National Association,   as Trustee (filed as Exhibit 4.1 to the registrant’s Current Report on Form   8-K filed on February 10, 2011, and incorporated herein by reference)                                                                                  |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 4.3                  |       | Indenture   related to the 6.50% Senior Notes due 2021, dated as of November 8, 2011, by   and among SM Energy Company, as issuer, and U.S. Bank National Association,   as Trustee (filed as Exhibit 4.1 to the registrant’s Current Report on Form   8-K filed on November 10, 2011, and incorporated herein by reference)                                                                                     |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 4.4                  |       | Indenture   related to the 6.50% Senior Notes due 2023, dated June 29, 2012, between SM   Energy Company, as Issuer, and U.S. Bank National Association, as Trustee   (filed as Exhibit 4.1 to the registrant’s Current Report on Form 8-K filed on   July 3, 2012, and incorporated herein by reference)                                                                                                        |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 4.5                  |       | Indenture   related to the 5.0% Senior Notes due 2024, dated May 20, 2013, by and between   SM Energy Company, as issuer, and U.S. Bank National Association, as Trustee   (filed as Exhibit 4.1 to the registrant’s Current Report on Form 8-K filed on   May 20, 2013, and incorporated herein by reference)                                                                                                   |
|                 |       |                                                                                                                                                                                                                                                                                                                                                                                                                  |
| 4.6                  |       | Registration   Rights Agreement, dated May 20, 2013, by and among SM Energy Company and   Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo   Securities, LLC, and J.P. Morgan Securities LLC, as representatives of   several purchasers (filed as Exhibit 4.2 to the registrant’s Current Report   on Form 8-K filed on May 20, 2013, and incorporated herein by reference)                  |

 

3

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| 10.1†   |   | Stock   Option Plan, as Amended on May 22, 2003 (filed as Exhibit 99.1 to the   registrant’s Registration Statement on Form S-8 (Registration No. 333-106438)   and incorporated herein by reference)                                                                                                                                                                                                                       |
|--------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.2†   |   | Incentive   Stock Option Plan, as Amended on May 22, 2003 (filed as Exhibit 99.2 to the   registrant’s Registration Statement on Form S-8 (Registration No. 333-106438)   and incorporated herein by reference)                                                                                                                                                                                                             |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.3†   |   | Form   of Change of Control Executive Severance Agreement (filed as Exhibit 10.1 to   the registrant’s Quarterly Report on Form 10-Q for the quarter ended   September 30, 2001 and incorporated herein by reference)                                                                                                                                                                                                       |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.4†   |   | Form   of Amendment to Form of Change of Control Executive Severance Agreement   (filed as Exhibit 10.9 to the registrant’s Quarterly Report on Form 10-Q for   the quarter ended June 30, 2005 and incorporated herein by reference)                                                                                                                                                                                       |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.5†   |   | Employment   Agreement of A.J. Best dated May 1, 2006 (filed as Exhibit 10.1 to the   registrant’s Current Report on Form 8-K filed on May 4, 2006 and incorporated   herein by reference)                                                                                                                                                                                                                                  |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.6         |   | Supplement   and Amendment to Deed of Trust, Mortgage, Line of Credit Mortgage,   Assignment, Security Agreement, Fixture Filing and Financing Statement for   the benefit of Wachovia Bank, National Association, as Administrative Agent,   dated effective as of April 14, 2009 (filed as Exhibit 10.2 to the   registrant’s Current Report on Form 8-K filed on April 20, 2009, and   incorporated herein by reference) |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.7         |   | Deed   of Trust to Wachovia Bank, National Association, as Administrative Agent,   dated effective as of April 14, 2009 (filed as Exhibit 10.3 to the   registrant’s Current Report on Form 8-K filed on April 20, 2009, and   incorporated herein by reference)                                                                                                                                                            |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.8†   |   | Equity   Incentive Compensation Plan as Amended and Restated as of March 26, 2009   (filed as Exhibit 10.1 to the registrant’s Current Report on Form 8-K filed   on May 27, 2009, and incorporated herein by reference)                                                                                                                                                                                                    |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.9†   |   | Equity   Incentive Compensation Plan As Amended and Restated as of April 1, 2010   (filed as Exhibit 10.1 to the registrant’s Current Report on Form 8-K filed   on June 2, 2010, and incorporated herein by reference)                                                                                                                                                                                           |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.10♦ |   | SM   Energy Company Equity Incentive Compensation Plan, As Amended as of   July 30, 2010 (filed as Exhibit 10.7 to the registrant’s Quarterly   Report on Form 10-Q for the quarter ended September 30, 2010 and incorporated   herein by reference)                                                                                                                                                              |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.11†  |   | Third   Amendment to Employee Stock Purchase Plan dated September 23, 2009 (filed as   Exhibit 10.3 to the registrant’s Quarterly Report on Form 10-Q for the   quarter ended September 30, 2009, and incorporated herein by reference)                                                                                                                                                                                     |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.12†  |   | Fourth   Amendment to Employee Stock Purchase Plan dated December 29, 2009   (filed as Exhibit 10.46 to the registrant’s Annual Report on Form 10-K for   the year ended December 31, 2009, and incorporated herein by reference)                                                                                                                                                                                 |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.13♦ |   | Employee   Stock Purchase Plan, As Amended and Restated as of July 30, 2010   (filed as Exhibit 10.4 to the registrant’s Quarterly Report on Form 10-Q for   the quarter ended September 30, 2010 and incorporated herein by reference)                                                                                                                                                                           |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.14†  |   | Form   of Performance Share and Restricted Stock Unit Award Agreement as of July 1,   2010 (filed as Exhibit 10.3 to the registrant’s Quarterly Report on Form 10-Q   for the quarter ended June 30, 2010 and incorporated herein by reference)                                                                                                                                                                             |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.15†  |   | Form   of Performance Share and Restricted Stock Unit Award Notice as of July 1,   2010 (filed as Exhibit 10.4 to the registrant’s Quarterly Report on Form 10-Q   for the quarter ended June 30, 2010 and incorporated herein by reference)                                                                                                                                                                                |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.16†  |   | Form   of Non-Employee Director Restricted Stock Award Agreement as of May 27, 2010   (filed as Exhibit 10.5 to the registrant’s Quarterly Report on Form 10-Q for   the quarter ended June 30, 2010 and incorporated herein by reference)                                                                                                                                                                                  |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.17**      |   | Gas   Services Agreement effective as of July 1, 2010 between SM Energy Company and   Eagle Ford Gathering LLC (filed as Exhibit 10.3 to the registrant’s Quarterly   Report on Form 10-Q for the quarter ended September 30, 2010 and incorporated   herein by reference)                                                                                                                                                  |
|         |   |                                                                                                                                                                                                                                                                                                                                                                                                                             |
| 10.18♦ |   | Cash   Bonus Plan, As Amended on July 30, 2010 (filed as Exhibit 10.5 to   the registrant’s Quarterly Report on Form 10-Q for the quarter ended   September 30, 2010 and incorporated herein by reference)                                                                                                                                                                                                        |

 

4

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| 10.19♦ |   | Net   Profits Interest Bonus Plan, As Amended by the Board of Directors on   July 30, 2010 (filed as Exhibit 10.6 to the registrant’s Quarterly   Report on Form 10-Q for the quarter ended September 30, 2010 and incorporated   herein by reference)                                                                                      |
|--------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.20♦ |   | SM   Energy Company Non-Qualified Unfunded Supplemental Retirement Plan, As   Amended as of July 30, 2010 (filed as Exhibit 10.8 to the   registrant’s Quarterly Report on Form 10-Q for the quarter ended September   30, 2010 and incorporated herein by reference)                                                                       |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.21†  |   | Form   of Amendment to Form of Change of Control Executive Severance Agreement   (filed as Exhibit 10.1 to the registrant’s Current Report on Form 8-K filed   on December 29, 2010, and incorporated herein by reference)                                                                                                                            |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.22†  |   | Amendment   to A.J. Best Employment Agreement dated December 31, 2010 (filed as Exhibit   10.28 to the registrant’s Annual Report on Form 10-K filed for the year ended   December 31, 2010, and incorporated herein by reference)                                                                                                                    |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.23        |   | Pension   Plan for Employees of SM Energy Company as Amended and Restated as of   January 1, 2010 (filed as Exhibit 10.30 to the registrant’s Annual   Report on Form 10-K filed for the year ended December 31, 2010, and   incorporated herein by reference)                                                                              |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.24+       |   | SM   Energy Company Non-Qualified Unfunded Supplemental Retirement Plan as Amended   as of November 9, 2010 (filed as Exhibit 10.31 to the registrant’s Annual   Report on Form 10-K filed for the year ended December 31, 2010, and   incorporated herein by reference)                                                                              |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.25        |   | Fourth   Amended and Restated Credit Agreement dated May 27, 2011 among SM Energy   Company, Wells Fargo Bank, National Association, as Administrative Agent, and   the Lenders party thereto (filed as Exhibit 10.1 to the registrant’s   Quarterly Report on Form 10-Q for the quarter ended June 30, 2011, and   incorporated herein by reference) |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.26        |   | Gas   Gathering Agreement dated May 31, 2011 between Regency Field Services LLC and   SM Energy Company (filed as Exhibit 10.2 to the registrant’s Quarterly Report   on Form 10-Q for the quarter ended June 30, 2011, and incorporated herein by   reference)                                                                                       |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.27        |   | Gathering   and Natural Gas Services Agreement effective as of April 1, 2011 between SM   Energy Company and ETC Texas Pipeline, Ltd. (filed as Exhibit 10.3 to the   registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30,   2011, and incorporated herein by reference)                                                         |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.28        |   | Gas   Processing Agreement effective as of April 1, 2011 between ETC Texas   Pipeline, Ltd. and SM Energy Company (filed as Exhibit 10.4 to the   registrant’s Quarterly Report on Form 10-Q for the quarter ended June 30,   2011, and incorporated herein by reference)                                                                             |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.29†  |   | Employee   Stock Purchase Plan, As Amended and Restated as of June 10, 2011 (filed as   Exhibit 10.5 to the registrant’s Quarterly Report on Form 10-Q for the   quarter ended June 30, 2011, and incorporated herein by reference)                                                                                                                   |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.30†  |   | Form   of Performance Stock Unit Award Agreement as of July 1, 2011 (filed as   Exhibit 10.6 to the registrant’s Quarterly Report on Form 10-Q for the   quarter ended June 30, 2011, and incorporated herein by reference)                                                                                                                           |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.31†  |   | Form   of Restricted Stock Unit Award Agreement as of July 1, 2011 (filed as Exhibit   10.7 to the registrant’s Quarterly Report on Form 10-Q for the quarter ended   June 30, 2011, and incorporated herein by reference)                                                                                                                            |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.32†  |   | Form   of Performance Stock Unit Award Agreement as of September 6, 2011 (filed as   Exhibit 10.1 to the registrant’s Quarterly Report on Form 10-Q for the   quarter ended September 30, 2011, and incorporated herein by reference)                                                                                                                 |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.33†  |   | Form   of Restricted Stock Unit Award Agreement as of September 6, 2011 (filed as   Exhibit 10.2 to the registrant’s Quarterly Report on Form 10-Q for the   quarter ended September 30, 2011, and incorporated herein by reference)                                                                                                                  |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.34        |   | Amendment   No. 1 to the Pension Plan for Employees of SM Energy Company amended as of   January 1, 2011 (filed as Exhibit 10.41 to the registrant’s Annual Report on   Form 10-K filed for the year ended December 31, 2011, and incorporated herein   by reference)                                                                                 |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.35        |   | Amendment   No. 2 to the Pension Plan for Employees of SM Energy Company amended as of   January 1, 2012 (filed as Exhibit 10.42 to the registrant’s Annual Report on   Form 10-K filed for the year ended December 31, 2011, and incorporated herein   by reference)                                                                                 |
|         |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.36†  |   | Equity   Incentive Compensation Plan, As Amended as of May 22, 2013 (filed as Annex A   to the registrant’s Schedule 14A filed on April 11, 2013, and incorporated   herein by reference)                                                                                                                                                             |

 

5

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| 10.37         |   | Fifth   Amended and Restated Credit Agreement dated April 12, 2013, among SM Energy   Company, as Borrower, Wells Fargo Bank, National Association, as   Administrative Agent, and the Lenders party thereto (filed as Exhibit 10.1 to   the registrant’s Current Report of Form 8-K filed on April 15, 2013, and   incorporated herein by reference) |
|---------------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.38†   |   | Form   of Performance Stock Unit Award Agreement as of July 31, 2013 (filed as   Exhibit 10.2 to the registrant’s Quarterly Report on Form 10-Q for the   quarter ended June 30, 2013, and incorporated herein by reference)                                                                                                                          |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.39†   |   | Form   of Restricted Stock Unit Award Agreement as of July 31, 2013 (filed as   Exhibit 10.3 to the registrant’s Quarterly Report on Form 10-Q for the   quarter ended June 30, 2013, and incorporated herein by reference)                                                                                                                           |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.40†   |   | SM   Energy Company Non-Qualified Deferred Compensation Plan as of March 10, 2014   (filed as Exhibit 10.1 to the registrant’s Current Report on Form 8-K filed   on January 24, 2014, and incorporated herein by reference)                                                                                                                          |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.41†++ |   | Cash   Bonus Plan, As Amended and Restated on February 1, 2014                                                                                                                                                                                                                                                                                             |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 10.42†++ |   | Summary   of Compensation Arrangements for Non-Employee Directors                                                                                                                                                                                                                                                                                          |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 12.1++        |   | Computation   of Ratio of Earnings to Fixed Charges                                                                                                                                                                                                                                                                                                        |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 21.1++        |   | Subsidiaries   of Registrant                                                                                                                                                                                                                                                                                                                               |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 23.1++        |   | Consent   of Ernst & Young LLP                                                                                                                                                                                                                                                                                                                         |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 23.2++        |   | Consent   of Deloitte & Touche LLP                                                                                                                                                                                                                                                                                                                     |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 23.3++        |   | Consent   of Ryder Scott Company L.P.                                                                                                                                                                                                                                                                                                                      |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 24.1++        |   | Power   of Attorney                                                                                                                                                                                                                                                                                                                                        |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 31.1*         |   | Certification   of Chief Executive Officer pursuant to Section 302 of the Sarbanes — Oxley   Act of 2002                                                                                                                                                                                                                                              |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 31.2*         |   | Certification   of Chief Financial Officer pursuant to Section 302 of the Sarbanes — Oxley   Act of 2002                                                                                                                                                                                                                                              |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 32.1++        |   | Certification   pursuant to 18 U.S.C. Section 1350 as adopted pursuant to Section 906 of the   Sarbanes- Oxley Act of 2002                                                                                                                                                                                                                                 |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 99.1++        |   | Ryder   Scott Audit Letter                                                                                                                                                                                                                                                                                                                                 |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 101.INS++     |   | XBRL   Instance Document                                                                                                                                                                                                                                                                                                                                   |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 101.SCH++     |   | XBRL   Schema Document                                                                                                                                                                                                                                                                                                                                     |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 101.CAL++     |   | XBRL   Calculation Linkbase Document                                                                                                                                                                                                                                                                                                                       |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 101.LAB++     |   | XBRL   Label Linkbase Document                                                                                                                                                                                                                                                                                                                             |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 101.PRE++     |   | XBRL   Presentation Linkbase Document                                                                                                                                                                                                                                                                                                                      |
|          |   |                                                                                                                                                                                                                                                                                                                                                       |
| 101.DEF++     |   | XBRL   Taxonomy Extension Definition Linkbase Document                                                                                                                                                                                                                                                                                                     |

 

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*       Filed with this Form 10-K/A.

**                 Certain portions of this exhibit have been redacted and are subject to a confidential treatment order granted by the Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934.

†                        Exhibit constitutes a management contract or compensatory plan or agreement.

††                 Confidential Treatment has been requested with respect to portions of the exhibit. Such portions have been redacted and filed separately with the SEC.

♦                        Exhibit constitutes a management contract or compensatory plan or agreement.  This document was amended on July 30, 2010 primarily to reflect the recent change in the name of the registrant from St. Mary Land & Exploration Company to SM Energy Company.  There were no material changes to the substantive terms and conditions in this document.

+                        Exhibit constitutes a management contract or compensatory plan or agreement.  This document was amended on November 9, 2010, in order to make technical revisions to ensure compliance with Section 409A of the Internal Revenue Code.  There were no material changes to the substantive terms and conditions in this document.

++                Exhibit was previously filed or furnished, as applicable, with the Company’s original Annual Report on Form 10-K for the year ended December 31, 2013 which was originally filed on February 19, 2014 and is incorporated herein by reference.

 

6

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** **

**SIGNATURES**

 

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
| ** ** | ** **    | **SM   ENERGY COMPANY** |
|------------|---------------|-------------------------|
|       |          | (Registrant)            |
|       |          |                    |   |
| Date:      | May   9, 2014 | By:                     | /s/   ANTHONY J. BEST |
|       |          |                    | Anthony   J. Best |
|       |          |                    | Chief   Executive Officer |
|       |          |                    | (Principal   Executive Officer) |

 

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 
| **Signature**         | ** ** | **Title**                                              | ** ** | **Date**      |
|-----------------------|------------|--------------------------------------------------------|------------|---------------|
|                  |       |                                                   |       |          |
| /s/   ANTHONY J. BEST |       | Chief   Executive Officer and Director                 |       | May   9, 2014 |
| Anthony   J. Best     |       | (Principal   Executive Officer)                        |       |          |
|                  |       |                                                   |       |          |
|                  |       |                                                   |       |          |
| /s/   A. WADE PURSELL |       | Executive   Vice President and Chief Financial Officer |       | May   9, 2014 |
| A.   Wade Pursell     |       | (Principal   Financial Officer)                        |       |          |
|                  |       |                                                   |       |          |
|                  |       |                                                   |       |          |
| /s/   MARK T. SOLOMON |       | Vice   President - Controller and Assistant Secretary  |       | May   9, 2014 |
| Mark   T. Solomon     |       | (Principal   Accounting Officer)                       |       |          |

 

7

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| **Signature**         | ** **            | **Title**                            | ** ** | **Date**      |
|-----------------------|-----------------------|--------------------------------------|------------|---------------|
|                  |                  |                                 |       |          |
| /s/   *               |                  | Chairman   of the Board of Directors |       | May   9, 2014 |
| William   D. Sullivan |                  |                                 |       |          |
|                  |                  |                                 |       |          |
|                  |                  |                                 |       |          |
| /s/   *               |                  | Director                             |       | May   9, 2014 |
| Barbara   M. Baumann  |                  |                                 |       |          |
|                  |                  |                                 |       |          |
|                  |                  |                                 |       |          |
| /s/   *               |                  | Director                             |       | May   9, 2014 |
| Larry   W. Bickle     |                  |                                 |       |          |
|                  |                  |                                 |       |          |
|                  |                  |                                 |       |          |
| /s/   *               |                  | Director                             |       | May   9, 2014 |
| Stephen   R. Brand    |                  |                                 |       |          |
|                  |                  |                                 |       |          |
|                  |                  |                                 |       |          |
| /s/   *               |                  | Director                             |       | May   9, 2014 |
| William   J. Gardiner |                  |                                 |       |          |
|                  |                  |                                 |       |          |
|                  |                  |                                 |       |          |
| /s/   *               |                  | Director                             |       | May   9, 2014 |
| Loren   M. Leiker     |                  |                                 |       |          |
|                  |                  |                                 |       |          |
|                  |                  |                                 |       |          |
| /s/   *               |                  | Director                             |       | May   9, 2014 |
| Julio   M. Quintana   |                  |                                 |       |          |
|                  |                  |                                 |       |          |
|                  |                  |                                 |       |          |
| /s/   *               |                  | Director                             |       | May   9, 2014 |
| John   M. Seidl       |                  |                                 |       |          |
|                  |                  |                                 |       |          |
| *                     | /s/   A. Wade Pursell |                                 |       |          |   |
|                  | By A. Wade Pursell    |                                 |       |          |   |
|                  | Attorney in Fact      |                                 |       |          |   |
|                  |                  |                                 |       |          |
|                  |                  |                                 |       |          |

 

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