SM ENERGY CO

Ticker: SM CUSIP: 78454L100 Class: EQTY

PCJ Investment Counsel Ltd.'s Holding History (CIK: 0001426318)

Note: Option positions (PUT/CALL) are excluded.

Q1 2018

Shares 25,000 Value ($000) $451 Avg Close $19.42 Range $15.33 - $25.35

Q3 2017

Shares 12,310 Value ($000) $218 Avg Close $14.01 Range $11.02 - $17.32

Q2 2017

Shares 12,500 Value ($000) $207 Avg Close $17.78 Range $12.34 - $22.56

Q1 2017

Shares 19,770 Value ($000) $475 Avg Close $24.78 Range $17.90 - $32.89

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	25,000	$451	$19.42	$15.33 - $25.35
Q3 2017	12,310	$218	$14.01	$11.02 - $17.32
Q2 2017	12,500	$207	$17.78	$12.34 - $22.56
Q1 2017	19,770	$475	$24.78	$17.90 - $32.89