SCHEDULE: BlackRock Amends SM Energy Stake to 9.5%
Beneficial Ownership Report
BlackRock, Inc. filed an Amendment No. 21 to Schedule 13G, reporting a 9.5% beneficial ownership in SM Energy Company common stock.
Summary
- BlackRock, Inc. reported beneficial ownership of 22,635,921 shares of SM Energy Company common stock.
- This ownership represents 9.5% of the total outstanding common stock of SM Energy Company.
- BlackRock holds sole voting power over 22,316,204 shares and sole dispositive power over 22,635,921 shares.
- The filing is an Amendment No. 21 to Schedule 13G, indicating a routine update to their previously reported holdings.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine regulatory filing that provides no new material information regarding the company's operational or financial performance.
Future Outlook
NA
Management Comments
- Securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.
Industry Context
StockSavvy.ai notes that institutional ownership, particularly from major asset managers like BlackRock, is common for publicly traded companies in the energy sector, reflecting their inclusion in broad market indices and investment strategies.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's stake, confirming BlackRock's continued investment in SM Energy Company.
Key Dates
| Date | Description |
|---|---|
| 2025-01-21 | Execution date of the current Power of Attorney by BlackRock, Inc. |
| 2026-01-31 | Date of event requiring the filing of this statement. |
| 2026-02-06 | Signature date of the Schedule 13G/A filing by BlackRock, Inc. |
Keywords
BlackRock, SM Energy Company, Schedule 13G, Beneficial Ownership, Institutional Investor, Common Stock, Energy Sector
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