SM Energy Co 8-K

What Happened
On April 2, 2026, SM Energy Company (SM) filed a Form 8-K announcing the expiration and final results of a previously announced cash tender offer to purchase up to $1,000,000,000 aggregate principal amount of outstanding 8.375% Senior Notes due 2028, originally issued by Civitas Resources, Inc. The company furnished a press release reporting these results (Exhibit 99.1).

Key Details

• Tender offer amount: up to $1,000,000,000 aggregate principal.
• Security: 8.375% Senior Notes due 2028 (originally issued by Civitas Resources, Inc.).
• Filing date: April 2, 2026; press release furnished as Exhibit 99.1 to the 8-K.
• The press release is furnished (not “filed”) under Form 8-K General Instruction B.2 and the 8-K disclaims that it is an offer to sell or solicit securities.

Why It Matters
This disclosure informs investors that SM completed the public process around its tender offer for high-yield 2028 notes, a move that can affect the company’s debt mix, interest expense and near-term liquidity depending on the amount purchased. The 8-K itself does not provide further financial detail in the filing text; investors should review the furnished press release (Exhibit 99.1) for the final acceptance amounts and any follow-up impact on SM’s capital structure.