SM ENERGY CO

Ticker: SM CUSIP: 78454L100 Class: EQTY

State of Wyoming's Holding History (CIK: 0001821626)

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

Q4 2025

Shares 2,748 Value ($000) $51 Avg Close $20.02 Range $17.39 - $25.89

Q3 2025

Shares 2,249 Value ($000) $56 Avg Close $26.40 Range $23.79 - $28.66

Q4 2022

Shares 5,761 Value ($000) $201 Avg Close $38.51 Range $30.45 - $45.00

Q2 2022

Shares 2,368 Value ($000) $81 Avg Close $37.53 Range $29.67 - $50.77

Q1 2022

Shares 1,361 Value ($000) $53 Avg Close $33.28 Range $26.70 - $40.35

Q4 2021

Shares 1,890 Value ($000) $56 Avg Close $28.83 Range $23.30 - $35.32

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	2,748	$51	$20.02	$17.39 - $25.89
Q3 2025	2,249	$56	$26.40	$23.79 - $28.66
Q4 2022	5,761	$201	$38.51	$30.45 - $45.00
Q2 2022	2,368	$81	$37.53	$29.67 - $50.77
Q1 2022	1,361	$53	$33.28	$26.70 - $40.35
Q4 2021	1,890	$56	$28.83	$23.30 - $35.32