SM ENERGY CO

Ticker: SM CUSIP: 78454L100 Class: EQTY

Sandhill Capital Partners LLC's Holding History (CIK: 0001556245)

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

Q3 2015

Shares 8,235 Value ($000) $264 Avg Close $32.30 Range $16.21 - $40.94

Q3 2013

Shares 15,475 Value ($000) $1,195 Avg Close $61.42 Range $53.46 - $68.98

Q2 2013

Shares 15,475 Value ($000) $928 Avg Close $54.11 Range $49.06 - $58.20

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	8,235	$264	$32.30	$16.21 - $40.94
Q3 2013	15,475	$1,195	$61.42	$53.46 - $68.98
Q2 2013	15,475	$928	$54.11	$49.06 - $58.20