SM ENERGY CO

Ticker: SM CUSIP: 78454L100 Class: EQTY

Caption Management, LLC's Holding History (CIK: 0001706766)

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

Q3 2025

Shares 129,389 Value ($000) $3,231 Avg Close $26.40 Range $23.79 - $28.66

Q2 2025

Shares 129,389 Value ($000) $3,197 Avg Close $23.52 Range $18.97 - $29.62

Q1 2025

Shares 43,834 Value ($000) $1,313 Avg Close $34.54 Range $25.71 - $43.13

Q4 2024

Shares 43,850 Value ($000) $1,700 Avg Close $40.47 Range $34.67 - $44.54

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	129,389	$3,231	$26.40	$23.79 - $28.66
Q2 2025	129,389	$3,197	$23.52	$18.97 - $29.62
Q1 2025	43,834	$1,313	$34.54	$25.71 - $43.13
Q4 2024	43,850	$1,700	$40.47	$34.67 - $44.54