SM ENERGY CO

Ticker: SM CUSIP: 78454L100 Class: EQTY

Baker Avenue Asset Management, LP's Holding History (CIK: 0001432529)

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

Q4 2013

Shares 38,920 Value ($000) $3,235 Avg Close $75.76 Range $68.11 - $83.50

Q3 2013

Shares 38,860 Value ($000) $3,000 Avg Close $61.42 Range $53.46 - $68.98

Q2 2013

Shares 40,340 Value ($000) $2,420 Avg Close $54.11 Range $49.06 - $58.20

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2013	38,920	$3,235	$75.76	$68.11 - $83.50
Q3 2013	38,860	$3,000	$61.42	$53.46 - $68.98
Q2 2013	40,340	$2,420	$54.11	$49.06 - $58.20