--- title: "SM ENERGY CLOSES $950 MILLION SOUTH TEXAS DIVESTITURE; ANNOUNCES REDEMPTION OF ALL OUTSTANDING 2026 SENIOR NOTES" type: "News" locale: "en" url: "https://longbridge.com/en/news/284831347.md" description: "SM Energy Company, listed as SM on the NYSE, has successfully closed a significant asset sale, indicating progress towards surpassing the $1.0 billion asset sale goal. The company's efforts to strengthen its financial position by bolstering the balance sheet have also been accelerated, with a particular focus on achieving this by 2026. This news reflects the strong momentum of SM Energy Company in achieving its strategic objectives and ensuring financial stability for the future." datetime: "2026-04-30T20:17:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284831347.md) - [en](https://longbridge.com/en/news/284831347.md) - [zh-HK](https://longbridge.com/zh-HK/news/284831347.md) --- # SM ENERGY CLOSES $950 MILLION SOUTH TEXAS DIVESTITURE; ANNOUNCES REDEMPTION OF ALL OUTSTANDING 2026 SENIOR NOTES SM Energy Company, listed as SM on the NYSE, has successfully closed a significant asset sale, indicating progress towards surpassing the $1.0 billion asset sale goal. The company's efforts to strengthen its financial position by bolstering the balance sheet have also been accelerated, with a particular focus on achieving this by 2026. This news reflects the strong momentum of SM Energy Company in achieving its strategic objectives and ensuring financial stability for the future. ### Related Stocks - [SM.US](https://longbridge.com/en/quote/SM.US.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) ## Related News & Research - [Devon Energy dominates record $4 billion US government oil and gas auction](https://longbridge.com/en/news/287124420.md) - [Is SM Energy (SM) Still Attractive After Strong Year To Date Share Price Gains?](https://longbridge.com/en/news/285837132.md) - [Texas Pacific Land Stock Outlook: Is Wall Street Bullish or Bearish?](https://longbridge.com/en/news/286781396.md) - [If You Invested $100 In Texas Pacific Land Stock 15 Years Ago, You Would Have This Much Today](https://longbridge.com/en/news/286940890.md) - [Mission Wealth Management LP Purchases 14,453 Shares of Texas Pacific Land Corporation $TPL](https://longbridge.com/en/news/286753163.md)