<SEC-DOCUMENT>0001104659-21-080248.txt : 20210611
<SEC-HEADER>0001104659-21-080248.hdr.sgml : 20210611
<ACCEPTANCE-DATETIME>20210611170739
ACCESSION NUMBER:		0001104659-21-080248
CONFORMED SUBMISSION TYPE:	S-3ASR
PUBLIC DOCUMENT COUNT:		7
FILED AS OF DATE:		20210611
DATE AS OF CHANGE:		20210611
EFFECTIVENESS DATE:		20210611

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SM Energy Co
		CENTRAL INDEX KEY:			0000893538
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				410518430
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		S-3ASR
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-257046
		FILM NUMBER:		211012182

	BUSINESS ADDRESS:	
		STREET 1:		1775 SHERMAN STREET
		STREET 2:		SUITE 1200
		CITY:			DENVER
		STATE:			CO
		ZIP:			80203
		BUSINESS PHONE:		303-861-8140

	MAIL ADDRESS:	
		STREET 1:		1775 SHERMAN STREET
		STREET 2:		SUITE 1200
		CITY:			DENVER
		STATE:			CO
		ZIP:			80203

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ST MARY LAND & EXPLORATION CO
		DATE OF NAME CHANGE:	19940228
</SEC-HEADER>
<DOCUMENT>
<TYPE>S-3ASR
<SEQUENCE>1
<FILENAME>tm2118895d6_s3asr.htm
<DESCRIPTION>S-3ASR
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>As filed with the Securities and Exchange Commission
on June 11, 2021</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Registration No. 333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="border-top: Black 2pt solid; font-size: 1pt; border-bottom: Black 1pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WASHINGTON, DC 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 100%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM S-3</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>REGISTRATION STATEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>UNDER</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>THE SECURITIES ACT OF 1933</I></B></P>



<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 100%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SM Energy Company</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Exact name of registrant as specified in its
charter)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 100%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center; width: 40%"><FONT STYLE="font-size: 10pt"><B>Delaware</B></FONT></TD>
    <TD STYLE="text-align: center; width: 27%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 33%"><FONT STYLE="font-size: 10pt"><B>41-0518430</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(State or other jurisdiction of</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>incorporation or organization)</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(I.R.S. Employer</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Identification No.)</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1775 Sherman Street, Suite 1200</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Denver, Colorado 80203</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Address of principal executive offices and
zip code)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>David Copeland</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Executive Vice President and General Counsel</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SM Energy Company</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>1775 Sherman Street, Suite 1200</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Denver, Colorado 80203</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(303) 861-8140</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Name, address, including zip code, and telephone
number, including area code, of agent for service)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>Copy to:</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Lucy Stark</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Holland &amp; Hart LLP</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>555 17th Street, Suite 3200</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Denver, Colorado 80202</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(303) 295-8000 </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>From time to time after the effective date
of this registration statement. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Approximate date of commencement of proposed
sale to the public) </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the only securities being registered on this Form are being offered
pursuant to dividend or interest reinvestment plans, please check the following box: <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If any of the securities being registered on this Form are to be offered
on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, other than securities offered only in connection
with dividend or interest reinvestment plans, check the following box: <FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number
of the earlier effective registration statement for the same offering. <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If this Form is a post-effective amendment filed pursuant to Rule
462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective
registration statement for the same offering. <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If this Form is a registration statement pursuant to General Instruction
I.D. or a post-effective amendment thereto that shall become effective upon filing with the Commission pursuant to Rule 462(e) under
the Securities Act, check the following box. <FONT STYLE="font-family: Wingdings">&#120;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If this Form is a post-effective amendment to a registration statement
filed pursuant to General Instruction I.D. filed to register additional securities or additional classes of securities pursuant to Rule
413(b) under the Securities Act, check the following box. <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions
of &#8220;large accelerated filer,&#8221; &#8220;accelerated filer,&#8221; &#8220;smaller reporting company&#8221; and &#8220;emerging
growth company&#8221; in Rule 12b-2 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-size: 10pt">Large accelerated filer</FONT></TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-size: 10pt">Accelerated filer</FONT></TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: top; font-size: 10pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#120;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-size: 10pt">Non-accelerated filer</FONT></TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-size: 10pt">Smaller reporting company</FONT></TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: top; font-size: 10pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom; font-size: 10pt"><FONT STYLE="font-size: 10pt">Emerging growth company</FONT></TD>
    <TD STYLE="padding: 0.25pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="padding: 0.25pt; vertical-align: top; font-size: 10pt"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&#168;</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If an emerging growth company, indicate by check mark if the registrant
has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 7(a)(2)(B) of Securities Act. <FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">CALCULATION OF REGISTRATION FEE</P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding: 0.25pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-top: black 1pt solid; width: 40%; padding: 0.4pt 0.25pt 0.25pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Title of Each Class of</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Securities to be Registered</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding: 0.4pt 0.25pt 0.25pt 0.4pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; white-space: nowrap; padding: 0.4pt 0.25pt 0.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Amount<BR>
    to be<BR>
    Registered<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>(1)</SUP></FONT></B></FONT></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding: 0.4pt 0.25pt 0.25pt 0.4pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; white-space: nowrap; padding: 0.4pt 0.25pt 0.25pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Maximum</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Offering Price<BR>
    per Unit<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>(2)</SUP></FONT></B></P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding: 0.4pt 0.25pt 0.25pt 0.4pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; white-space: nowrap; padding: 0.4pt 0.25pt 0.25pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Maximum Aggregate</B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Offering Price<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>(2)</SUP></FONT></B></P>
    <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P></TD>
    <TD STYLE="border-top: black 1pt solid; border-left: black 1pt solid; padding: 0.4pt 0.25pt 0.25pt 0.4pt">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; white-space: nowrap; padding: 0.4pt 0.25pt 0.25pt; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Amount
    of<BR>
    Registration Fee</B></FONT></TD></TR>
  <TR>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding: 0.4pt 0.25pt 0.25pt 10pt; vertical-align: top; font-size: 10pt; text-indent: -10pt"><FONT STYLE="font-size: 10pt">Common
    stock, $0.01 per share, underlying warrants</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding: 0.4pt 0.25pt 0.25pt 0.4pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding: 0.4pt 0.25pt 0.25pt; vertical-align: bottom; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">5,304,386</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding: 0.4pt 0.25pt 0.25pt 0.4pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding: 0.4pt 0.25pt 0.25pt; vertical-align: bottom; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">$22.95</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding: 0.4pt 0.25pt 0.25pt 0.4pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding: 0.4pt 0.25pt 0.25pt; vertical-align: bottom; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">$121,735,658.70</FONT></TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; border-left: black 1pt solid; padding: 0.4pt 0.25pt 0.25pt 0.4pt; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="border-top: Black 1pt solid; border-bottom: Black 1pt solid; padding: 0.4pt 0.25pt 0.25pt; vertical-align: bottom; font-size: 10pt; text-align: center"><FONT STYLE="font-size: 10pt">$13,281.36</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="9" STYLE="padding: 0.25pt">&nbsp;</TD></TR>
  </TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>


<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27pt">(1)</TD><TD>Pursuant to Rule 416 of the Securities Act of 1933, as amended, this Registration Statement also
                                covers an indeterminable number of shares of common stock as may be issuable from time to time as a result
                                of stock splits, stock dividends, capitalizations or similar transactions.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 27pt">(2)</TD><TD>Estimated solely for the purposes of computing the registration fee in accordance with Rule 457(c)
                                and 457(g) under the Securities Act, based upon the higher of (i) $0.01, the price at which the warrants
                                may be exercised, and (ii) $22.95, the average of the high and low prices of the registrant&#8217;s common
                                stock on New York Stock Exchange on 8, 2021.</TD></TR></TABLE>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 100%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt; border-bottom: Black 2pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: left; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>PROSPECTUS </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><IMG SRC="tm2118895d6_img001.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>SM ENERGY COMPANY
</B></FONT></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>5,304,386 Shares
of Common Stock </B></FONT></P>

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This prospectus relates to the offer and sale
from time to time by the selling securityholders named in this prospectus or to be named in a prospectus supplement (the
&#8220;Selling Securityholders&#8221;) of up to 5,304,386 shares of our common stock (the &#8220;Warrant Shares&#8221;), that are
issuable upon the exercise of warrants (each, a &#8220;Warrant&#8221; and, collectively, the &#8220;Warrants&#8221;) issued to the
Selling Securityholders in connection with the consummation of the private exchange transaction (the &#8220;Exchange
Transaction&#8221;) closed on June 17, 2020, with the certain holders of our senior unsecured notes and our 1.5% Senior Secured
Convertible Notes due 2021 (collectively, the &#8220;Old Notes&#8221;). We are not selling any common stock under this prospectus
and will not receive any proceeds from the sale of the Warrant Shares by the Selling Securityholders pursuant to this
prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We are registering the securities for resale pursuant
to the Selling Securityholders&#8217; registration rights granted to them under the Warrant Agreement, dated as of June 17, 2020, (the
 &#8220;Warrant Agreement&#8221;) which we entered into in connection with the closing of the Exchange Transaction, and pursuant to which
the Warrants were issued.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Warrant Shares may be sold by the Selling
Securityholders to or through underwriters or dealers, directly to purchasers or through agents designated from time to time. For additional
information regarding the methods of sale, you should refer to the section of this prospectus entitled &#8220;Plan of Distribution.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We may amend or supplement this prospectus from
time to time by filing amendments or supplements as required. You should carefully read this prospectus and any amendments or supplements,
together with the additional information described under the heading &#8220;Where You Can Find More Information,&#8221; before you invest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our common stock, par value $0.01 per share, is
listed on the New York Stock Exchange (NYSE) under the trading symbol &#8220;SM.&#8221; On June 8, 2021, the closing sale price of our
common stock was $22.71 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Investing in our securities involves risks.
You should carefully read and consider the risk factors included in the applicable prospectus supplement and in our periodic reports
and other information filed with the Securities and Exchange Commission before investing in our securities. See &#8220;Risk Factors&#8221;
beginning on page 5 of this prospectus for information on certain risks related to the purchase of our securities.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Neither the Securities and Exchange Commission
nor any state securities commission has approved or disapproved of these securities, or determined if this prospectus is truthful or
complete. Any representation to the contrary is a criminal offense.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 3pt auto; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P> <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">The
                                            date of this prospectus is June 11, 2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: left; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>TABLE OF CONTENTS </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_001"><FONT STYLE="font-size: 10pt">ABOUT THIS PROSPECTUS</FONT></A></TD>
    <TD STYLE="width: 12px">&nbsp;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right; width: 30px"><A HREF="#a_001"><FONT STYLE="font-size: 10pt">2</FONT></A></TD>
    <TD STYLE="width: 12px">&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_002"><FONT STYLE="font-size: 10pt">CAUTIONARY STATEMENT
    REGARDING FORWARD-LOOKING STATEMENTS</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_002"><FONT STYLE="font-size: 10pt">3</FONT></A></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_003"><FONT STYLE="font-size: 10pt">RISK FACTORS</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_003"><FONT STYLE="font-size: 10pt">5</FONT></A></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_004"><FONT STYLE="font-size: 10pt">SM ENERGY COMPANY</FONT></A></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_004"><FONT STYLE="font-size: 10pt">6</FONT></A></TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_005"><FONT STYLE="font-size: 10pt">USE OF PROCEEDS</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_005"><FONT STYLE="font-size: 10pt">7</FONT></A></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_006"><FONT STYLE="font-size: 10pt">DESCRIPTION OF
    CAPITAL STOCK</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_006"><FONT STYLE="font-size: 10pt">8</FONT></A></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_007"><FONT STYLE="font-size: 10pt">SELLING SECURITYHOLDERS</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_007"><FONT STYLE="font-size: 10pt">10</FONT></A></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_008"><FONT STYLE="font-size: 10pt">PLAN OF DISTRIBUTION</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_008"><FONT STYLE="font-size: 10pt">13</FONT></A></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_009"><FONT STYLE="font-size: 10pt">LEGAL MATTERS</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_009"><FONT STYLE="font-size: 10pt">15</FONT></A></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_010"><FONT STYLE="font-size: 10pt">EXPERTS</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_010"><FONT STYLE="font-size: 10pt">15</FONT></A></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: rgb(204,238,255)">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_011"><FONT STYLE="font-size: 10pt">WHERE YOU CAN
    FIND MORE INFORMATION</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_011"><FONT STYLE="font-size: 10pt">15</FONT></A></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="background-color: White">
    <TD STYLE="padding-left: 10pt; font-size: 10pt; text-indent: -10pt"><A HREF="#a_012"><FONT STYLE="font-size: 10pt">INCORPORATION
    BY REFERENCE</FONT></A></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: right"><A HREF="#a_012"><FONT STYLE="font-size: 10pt">16</FONT></A></TD>
    <TD>&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">You should rely only on the information contained
in this prospectus or a supplement to this prospectus. We have not authorized anyone to provide you with different information. The information
in this prospectus is accurate only as of the date of this prospectus or the date of any supplement to this prospectus, regardless of
the time of delivery of this prospectus or any supplement to this prospectus or any sale of our shares of common stock. We are not making
an offer to sell the shares of common stock, and we are not soliciting an offer to buy the shares of common stock, in any jurisdiction
where the offer is not permitted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 3; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; margin-top: 0pt; margin-bottom: 0pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></FONT></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="a_001"></A>ABOUT THIS PROSPECTUS </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This prospectus is part of a registration statement
on Form S-3 that we filed, as a &#8220;well-known seasoned issuer&#8221; as defined under the Securities Act of 1933, as amended (the
 &#8220;Securities Act&#8221;), with the Securities and Exchange Commission, or &#8220;Commission,&#8221; using the &#8220;shelf&#8221;
registration process. Under this process, the Selling Securityholders may, from time to time, sell the Warrant Shares described in this
prospectus in one or more offerings or resales.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">You should assume that the information appearing
in this prospectus and any applicable prospectus supplement to this prospectus is accurate only as of the date on its respective cover,
and that any information incorporated by reference is accurate only as of the date of the document incorporated by reference, unless
we indicate otherwise. Our business, financial condition, results of operations and prospects may have changed since those dates. Neither
we nor any agent or Selling Securityholder has authorized any person to give any information or to make any representation other than
those contained or incorporated by reference in this prospectus or any applicable prospectus supplement prepared by or on behalf of us
or to which we have referred you. You should read this prospectus and any applicable prospectus supplement together with additional information
described below under the heading &#8220;Where You Can Find More Information&#8221; before you decide to invest in our securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We may amend or supplement this prospectus from
time to time by filing amendments or supplements as required. You should carefully read this prospectus and any amendments or supplements,
together with the additional information described under the heading &#8220;Where You Can Find More Information,&#8221; before you invest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Unless the context otherwise indicates, the terms
 &#8220;SM Energy,&#8221; &#8220;the Company,&#8221; &#8220;we,&#8221; &#8220;us&#8221; and &#8220;our&#8221; in this prospectus mean
SM Energy Company, a Delaware corporation, and its subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="a_002"></A>CAUTIONARY STATEMENT REGARDING
FORWARD-LOOKING STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This prospectus supplement contains &#8220;forward-looking
statements&#8221; within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as
amended (the &#8220;Exchange Act&#8221;). All statements included in this prospectus, other than statements of historical facts, that
address activities, conditions, events, or developments with respect to our financial condition, results of operations, business prospects
or economic performance that we expect, believe, or anticipate will or may occur in the future, or that address plans and objectives
of management for future operations, are forward-looking statements. The words &#8220;anticipate,&#8221; &#8220;assume,&#8221; &#8220;believe,&#8221;
 &#8220;budget,&#8221; &#8220;could,&#8221; &#8220;estimate,&#8221; &#8220;expect,&#8221; &#8220;forecast,&#8221; &#8220;intend,&#8221;
 &#8220;pending,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221; &#8220;project,&#8221; &#8220;target,&#8221; &#8220;will,&#8221;
and similar expressions are intended to identify forward-looking statements. Forward-looking statements appear throughout this prospectus,
and include statements about such matters as:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the impacts of the
                                            global COVID-19 pandemic (&#8220;Pandemic&#8221;) on us, our industry, our financial condition,
                                            and our results of operations;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>the amount and nature
                                            of future capital expenditures and the availability of liquidity and capital resources to
                                            fund capital expenditures;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>any changes to the
                                            borrowing base or aggregate lender commitments under our Sixth Amended and Restated Credit
                                            Agreement, as amended;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our outlook on future
                                            crude oil, natural gas, and natural gas liquids (also referred to throughout this prospectus
                                            as &#8220;oil,&#8221; &#8220;gas,&#8221; and &#8220;NGLs,&#8221; respectively) prices, well
                                            costs, service costs, lease operating costs, and general and administrative costs;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our drilling and completion
                                            activities and other exploration and development activities, our ability to obtain permits
                                            and governmental approvals, and plans by us, our joint development partners, and/or other
                                            third-party operators;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>possible or expected
                                            acquisitions and divestitures, including the possible divestiture or farmout of, or joint
                                            development of, certain properties;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>oil, gas, and NGL
                                            reserve estimates and estimates of both future net revenues and the present value of future
                                            net revenues associated with those reserve estimates;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>our expected future
                                            production volumes, identified drilling locations, as well as drilling prospects, inventories,
                                            projects and programs;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>cash flows, liquidity,
                                            interest and related debt service expenses, changes in our effective tax rate, and our ability
                                            to repay debt in the future;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>business strategies
                                            and other plans and objectives for future operations, including plans for expansion and growth
                                            of operations or to defer capital investment, plans with respect to future dividend payments,
                                            and our outlook on our future financial condition or results of operations; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD>other similar matters,
                                            such as those discussed in Management&#8217;s Discussion and Analysis of Financial Condition
                                            and Results of Operations in Part II, Item 7 of the Company&#8217;s Annual Report on Form
                                            10-K for the fiscal year ended December 31, 2020 (the &#8220;2020 10-K&#8221;).</TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our forward-looking statements are based on assumptions
and analyses made by us in light of our experience and our perception of historical trends, current conditions, expected future developments,
and other factors that we believe are appropriate under the circumstances. These statements are subject to known and unknown risks and
uncertainties, which may cause our actual results and performance to be materially different from any future results or performance expressed
or implied by the forward-looking statements. Some of these risks are described in the <I>Risk Factors</I> section in Part I, Item 1A
and other sections of our 2020 10-K, as updated by subsequent reports we file with the Commission, which describe factors that could
cause our actual results to differ from those set forth in the forward-looking statements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We caution you that forward-looking statements
are not guarantees of future performance and actual results or performance may be materially different from those expressed or implied
in the forward-looking statements. The forward-looking statements in this prospectus supplement speak as of the filing date of this prospectus
supplement. Although we may from time to time voluntarily update our prior forward-looking statements, we disclaim any commitment to
do so except as required by securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="a_003"></A>RISK FACTORS </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">An investment in our securities involves a significant
degree of risk. Before you invest in our securities you should carefully consider (i) those risk factors included in our <A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/893538/000089353821000008/sm-20201231.htm" STYLE="-sec-extract: exhibit">2020
Form 10-K</A>, any subsequently filed Quarterly Reports on Form 10-Q and any subsequently filed Current Reports on Form 8-K, which are
incorporated herein by reference, and (ii) those risk factors that may be included in any applicable prospectus supplement, together
with all of the other information included in this prospectus, any prospectus supplement and the documents we incorporate by reference,
in evaluating an investment in our securities. If any of these risks were to occur, our business, financial condition or results of operations
could be materially adversely affected. Additional risks not presently known to us or that we currently believe are immaterial may also
significantly impair our business operations and financial condition. Please read the information under the caption &#8220;Cautionary
Statement Regarding Forward-Looking Statements.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="a_004"></A>SM ENERGY COMPANY </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We are an independent energy company engaged in
the acquisition, exploration, development, and production of oil, gas, and NGLs in the state of Texas. Our purpose is to make people&#8217;s
lives better by responsibly producing energy supplies, contributing to domestic energy security and prosperity, and having a positive
impact in the communities where we live and work. Our vision is to be a premier operator of top tier assets and to sustainably grow value
for all of our stakeholders. This includes short-term operational and financial goals of generating positive cash flows while strengthening
our balance sheet through absolute debt reduction and improved leverage metrics, and increasing the value of our capital project inventory
through exploration and development optimization. Our long-term goal is to deliver cash flow growth that is supported by our high-quality
asset base and ability to generate favorable returns. Our investment portfolio is comprised of oil and gas producing assets in the state
of Texas, specifically in the Midland Basin of West Texas and in the Maverick Basin of South Texas.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We are committed to exceptional safety, health,
and environmental stewardship; supporting the professional development of a diverse and thriving team of employees; making a positive
difference in the communities where we live and work; and transparency in reporting on our progress in these areas. The Environmental,
Social and Governance Committee of our Board of Directors oversees, among other things, the development and implementation of the Company&#8217;s
environmental, social and governance policies, programs and initiatives, and reports to our Board of Directors regarding such matters.
Further demonstrating our commitment to sustainable operations, compensation for our executives and employees under our short-term and
long-term incentive plans is calculated based on certain Company-wide performance-based metrics that include key financial, operational,
and environmental, health, and safety measures.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We were founded in 1908 and incorporated in Delaware
in 1915. Our initial public offering of common stock was in December 1992. Our common stock trades on the New York Stock Exchange (the
 &#8220;NYSE&#8221;) under the ticker symbol &#8220;SM.&#8221; Our principal office is located at 1775 Sherman Street, Suite 1200, Denver,
Colorado 80203, and our telephone number is (303) 861-8140. Our website address is www.sm-energy.com; information included or referred
to on our website is not part of this prospectus supplement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><A NAME="a_005"></A><B>USE OF PROCEEDS </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We are registering the Warrant Shares on behalf
of the Selling Securityholders, to be offered and sold by the Selling Securityholders from time to time. We will not receive any of the
proceeds from the sale of the Warrant Shares from time to time by the Selling Securityholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We have agreed to pay all costs, expenses and
fees relating to the registration of the Warrant Shares covered by this prospectus. These may include, without limitation, all registration
and filing fees, fees and expenses of our counsel and accountants, and blue sky fees and expenses. The Selling Securityholders will pay
any underwriting discounts and commissions and expenses incurred for brokerage, accounting, tax or legal services or any other expenses
incurred in disposing of the Warrant Shares covered hereby.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="a_006"></A>DESCRIPTION OF CAPITAL
STOCK </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This section describes the general terms of our
capital stock. The following description of our capital stock does not purport to be complete and is subject to and qualified by reference
to our Restated Certificate of Incorporation, as amended through June 30, 2010, and Amended and Restated By-laws (collectively with the
Restated Certificate of Incorporation, the &#8220;Charter Documents&#8221;). For additional information, please read our Charter Documents
and the applicable provisions of the Delaware General Corporation Law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As of December 31, 2020, SM Energy Company has
registered one class of securities under Section 12 of the Exchange Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Description of Common Stock</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The following description of our Common Stock
is a summary and does not purport to be complete. It is subject to, and qualified in its entirety by, reference to our Restated Certificate
of Incorporation (the &#8220;Certificate of Incorporation&#8221;) and our Amended and Restated By-laws (the &#8220;Bylaws&#8221;), each
of which are incorporated by reference as an exhibit to the Annual Report on Form 10-K of which this Exhibit is a part. We encourage
you to read our Certificate of Incorporation, our Bylaws and the applicable provisions of the Delaware General Corporate Law, for additional
information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Authorized Capital Shares</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our authorized capital shares consist of 200,000,000
shares of capital stock, $0.01 par value per share. We have outstanding shares of common stock (&#8220;Common Stock&#8221;). The outstanding
shares of our Common Stock are fully paid and non-assessable. This means the full purchase price for the outstanding shares of Common
Stock has been paid and the holders of such shares will not be assessed any additional amounts for such shares. Any additional shares
of Common Stock that the Company may issue in the future will also be fully paid and non-assessable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Certificate of Incorporation provides that
authorized but unissued shares of Common Stock are available for future issuance without stockholder approval, subject to various limitations
imposed by the New York Stock Exchange (&#8220;NYSE&#8221;). These additional shares of Common Stock may be utilized for a variety of
corporate purposes, including future public offerings to raise additional capital, corporate acquisitions and employee benefit plans.
The existence of authorized but unissued shares of Common Stock could make it more difficult or discourage an attempt to obtain control
of the Company by means of a proxy contest, tender offer, merger or otherwise.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Voting Rights</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each share of Common Stock is entitled to one
vote on all matters submitted to a vote of the stockholders, including the election of directors. Our Common Stock does not have cumulative
voting rights. This means a holder of a single share of Common Stock cannot cast more than one vote for each position to be filled on
the Board of Directors. It also means the holders of a majority of the shares of Common Stock entitled to vote in the election of directors
can elect all directors standing for election and the holders of the remaining shares will not be able to elect any directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Dividend Rights</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The holders of Common Stock are entitled to receive
ratably such dividends, if any, as may be declared from time to time by the Board of Directors in its discretion out of funds legally
available for the payment of dividends. Delaware law allows a corporation to pay dividends only out of surplus, as determined under Delaware
law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 2; Value: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Liquidation Rights</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Upon the liquidation, dissolution or winding up
of the Company, the holders of Common Stock are entitled to receive ratably the net assets of the Company legally available for distribution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Other Rights and Preferences</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our Common Stock has no sinking fund provision
or preemptive, subscription or conversion rights. The holders of Common Stock may act by unanimous written consent.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Listing</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our Common Stock is traded on the NYSE under the
trading symbol &#8220;SM.&#8221;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3; Value: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B><A NAME="a_007"></A>SELLING SECURITYHOLDERS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On the Issue Date, as partial consideration for
the Old Notes, we issued to holders of the Old Notes (&#8220;Warrant Holders&#8221;), Warrants to purchase an aggregate of 5,941,304
shares of our common stock (the "Warrant Shares"). The number of Warrant Shares issuable in respect of the Warrants and the per-share
exercise price are subject to adjustment as a result of certain anti-dilution provisions contained in the Warrants. The Warrants are
exercisable at any time during the period from and after the Triggering Date (as defined below) until 5:00 p.m., New York City time,
on June 30, 2023 (the &#8220;Expiration Time&#8221;), at an exercise price of $0.01 per share. The &#8220;Triggering Date&#8221; is the
first trading day following five consecutive trading days on which the product of the number of shares of common stock issued and outstanding
on four of the five trading days, multiplied by the closing price per share of common stock for each such trading day, exceeds $1.0 billion.
The Triggering Date occurred on January 15, 2021, and the Warrants became exercisable at the election of the Warrant Holders. The Warrants
may be exercised either in full or from time to time in part, until the Expiration Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We are filing the registration statement, of which
this prospectus is a part, with the Commission to register the disposition of the Warrant Shares by the Selling Securityholders, pursuant
to our obligations under the Warrant Agreement. Pursuant to the Warrant Agreement, we are required to file with the Commission a shelf
registration statement for resale of the Warrant Shares for the Selling Securityholders that, before the effectiveness of such registration
statement, have furnished, among other things, such information regarding each such Selling Securityholder, the securities of the Company
held by each such Selling Securityholder and the intended method of disposition of the Warrant Shares. Pursuant to the terms of the Warrant
Agreement, we are not required to and therefore did not include as a Selling Securityholder  any holder of Warrants or common stock
issuable under the Warrants that did not provide the information required by the Warrant Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The table below sets forth information as of June
8, 2021, with respect to the Selling Securityholders for whom we are registering Warrant Shares for sale to the public, the number of
shares of common stock owned by the Selling Securityholders prior to this offering, the number of Warrant Shares being offered pursuant
to this prospectus, the number of shares of our common stock owned by the Selling Securityholders upon completion of this offering, assuming
all such Warrant Shares are sold, and the percentage of common stock owned by the Selling Securityholders after this offering, assuming
all such Warrant Shares are sold.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In the table below, the number of shares of common
stock that may be offered pursuant to this prospectus is the number of shares of common stock issuable pursuant to the Warrants without
regard to any limitations on exercises. Pursuant to Rule 416 under the Securities Act, this prospectus also covers any additional shares
of our common stock that may become issuable in connection with shares of common stock by reason of a stock dividend, stock split or
other similar transaction effected without our receiving any cash or other value, which results in an increase in the number of shares
of our common stock outstanding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As used in this prospectus, the term &#8220;Selling
Securityholder&#8221; includes each Selling Securityholder listed below, and any donees, pledgees, transferees or other successors in
interest selling the Warrant Shares received after the date of this prospectus from the Selling Securityholder. A Selling Securityholder
may sell some, all or none of its Warrant Shares. A Selling Securityholder may sell or transfer all or a portion of its Warrant Shares
pursuant to an available exemption from the registration requirements of the Securities Act. We do not know how long the Selling Securityholders
will hold the Warrant Shares before selling them, and we currently have no agreements, arrangements or other understandings with the
Selling Securityholder regarding the sale of the Warrant Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The information in the table below (other than
the percentages of our outstanding common stock beneficially owned) in respect of each of the Selling Securityholders was furnished by
or on behalf of the Selling Securityholder and is as of the date hereof. Except as may be noted elsewhere in this prospectus relating
to the Exchange Transaction and the Warrant Agreement, the Selling Securityholders do not have, and within the past three years have
not had, any material relationship with us or any of our affiliates. For additional information about our relationship with the Selling
Securityholders, please see the documents incorporated by reference into this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 4; Value: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Information concerning the Selling Securityholders
may change from time to time and any changed information will be set forth in supplements to this prospectus, if and when necessary.
No offer or sale under this prospectus may be made by a securityholder, including a Warrant Holder, unless that securityholder is listed
in the table below, in any supplement to this prospectus or in an amendment to the related Registration Statement that has become effective.
We will supplement or amend this prospectus if applicable to include additional Selling Securityholders upon provision of all required
information to us and subject to the terms of any relevant agreement between us and the Selling Securityholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: center">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Shares of Common Stock<BR>
    Beneficially Owned Prior to Offering</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Shares of<BR>
    Common Stock<BR>
    Offered Hereby</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Shares of Common Stock<BR>
    Beneficially Owned After Offering</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Selling Securityholder</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>Number<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>(2)</SUP></FONT></B></FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>Number<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>(1)</SUP></FONT></B></FONT></TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>Number<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>(2)</SUP></FONT></B></FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>Percent<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP>(3)</SUP></FONT></B></FONT></TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 48%; font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">BlackRock, Inc. (4)</FONT></TD><TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">2,460,717</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">2,460,717</TD><TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">0</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">0</TD>
    <TD STYLE="width: 1%">%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">Loomis, Sayles &amp; Company, L.P. (5)<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP></SUP></FONT></FONT></TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">2,824,625</FONT></TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="font-size: 10pt; text-align: right">2,824,625</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">0</TD>
    <TD>%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">State of Wisconsin Investment Board<FONT STYLE="font-family: Times New Roman, Times, Serif"><SUP></SUP></FONT></FONT></TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">34,844</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">19,044</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">15,800</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">*</TD>
    <TD>%</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; padding-bottom: 1pt">Total</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">5,320,186</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; padding-bottom: 1pt; font-size: 10pt; text-align: right">5,304,386</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">15,800</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">*</TD>
    <TD>%</TD></TR>
  </TABLE>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Less than 1%.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Assumes a Selling Securityholder
sells all of its Warrant Shares offered pursuant to this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except as otherwise indicated,
we believe that the beneficial owners of the shares of our common stock listed above, based on information furnished by such owners,
have sole investment and voting power with respect to such shares, subject to community property laws, where applicable. Beneficial ownership
is determined in accordance with the rules and regulations of the Commission. In computing the number of shares beneficially owned by
a person and the percentage ownership of that person, securities that are currently convertible or exercisable into shares of our common
stock, or convertible or exercisable into shares of our common stock within 60 days of the date hereof are deemed outstanding. Such shares,
however, are not deemed outstanding for the purposes of computing the percentage ownership of any other person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on an aggregate
of 120,660,393 shares of outstanding common stock as of June 8, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The registered holders of the
referenced shares to be registered are the following funds and accounts under management by subsidiaries of BlackRock, Inc.: BlackRock
Systematic Multi-Strategy Fund - Trading Account; Adventist FIBR Portfolio; High Yield Credit Screened Fund; BlackRock Core Bond Trust
- High Yield; BlackRock Multi-Sector Income Trust - High Yield; BlackRock Limited Duration Income Trust - High Yield; BlackRock High
Yield Bond Portfolio; BlackRock Income Fund - High Yield; High Yield Bond Fund; BlackRock Credit Allocation Income Trust; BlackRock High
Yield Portfolio of BlackRock Series Fund II, Inc.; BlackRock High Yield V.I. Fund; BlackRock Debt Strategies Fund, Inc. - High Yield;
FONDAZIONE ENPAM - High Yield Portfolio; U.S. High Yield Bond Index Non-Lendable Fund B; BlackRock Corporate High Yield Fund, Inc. (HYT);
IBM Global High Yield; iShares U.S. Fixed Income Balanced Risk Factor ETF; iShares US &amp; Intl High Yield Corp Bond ETF; iShares iBoxx
$ High Yield Corporate Bond ETF; iShares Core 5-10 Year USD Bond ETF; iShares Core 1-5 Year USD Bond ETF; iShares Core Total USD Bond
Market ETF; iShares 0-5 Year High Yield Corporate Bond ETF; iShares Broad USD High Yield Corporate Bond ETF; Brighthouse Funds Trust
I - BlackRock High Yield Portfolio; NPA - PBU US High Yield Portfolio; PenSam US High Yield Portfolio; AST BlackRock Global Strategies
Portfolio (US High Yield); BlackRock Diversified Distribution Fund - US High Yield Portfolio; and Global Atlantic BlackRock High Yield
Portfolio. BlackRock, Inc. is the ultimate parent holding company of such subsidiaries. On behalf of such subsidiaries, the applicable
portfolio managers, as managing directors (or in other capacities) of such entities, and/or the applicable investment committee members
of such funds and accounts, have voting and investment power over the shares held by the funds and accounts which are the registered
holders of the referenced shares. Such portfolio managers and/or investment committee members expressly disclaim beneficial ownership
of all shares held by such funds and accounts. The address of such funds and accounts, such subsidiaries and such portfolio managers
and/or investment committee members is 55 East 52nd Street, New York, NY 10055. Shares shown include only the securities being registered
for resale and may not incorporate all interests deemed to be beneficially held by the registered holders or BlackRock, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 5; Value: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">(5)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Loomis, Sayles &amp;
Company, L.P. is the investment manager with power to direct investments and power to vote the securities beneficially owned by each
of the Allan G. Lozier Trust, The Lozier Foundation, Loomis Sayles Bond Fund, Strategic Income Fund and United Mine Workers of America
1974 Pension Trust. The address for Loomis and each of such entities is One Financial Center, Boston, MA 02111.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 6; Value: 7 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="text-align: center; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<!-- Field: Split-Segment; Name: b1 -->
<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><A NAME="a_008"></A>PLAN
OF DISTRIBUTION </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">We are registering the Warrant
Shares issuable upon exercise of the Warrants to permit the resale of the Warrant Shares by the Selling Securityholders and holders of
the Warrant Shares from time to time after the date of this prospectus. We will not receive any of the proceeds from the sale by the
Selling Securityholders of the Warrant Shares. We will bear all fees and expenses incident to our obligation to register the Warrant
Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Each Selling Securityholder,
which, as used herein, includes any of its pledgees, donees, transferees, assignees and successors, may from time to time offer and sell
some or all of the Warrant Shares covered by this prospectus. To the extent required, this prospectus may be amended and supplemented
from time to time to describe a specific plan of distribution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Each Selling Securityholder
may offer the Warrant Shares from time to time, either in increments or in a single transaction. Each Selling Securityholder may also
decide not to sell all the Warrant Shares it is allowed to sell under this prospectus. The Selling Securityholders will act independently
of us and each other Selling Securityholder in making decisions with respect to the timing, manner and size of each sale.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">The Selling Securityholders
may, from time to time, sell any or all of their Warrant Shares on any stock exchange, market or trading facility on which the Warrant
Shares are traded or quoted, in the over-the-counter market or in private transactions. These sales may be at market prices prevailing
at the time of sale, at prices related to such prevailing market prices, at fixed prices or negotiated prices. The Selling Securityholders
may use any one or more of the following methods when selling the Warrant Shares:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">ordinary
                                            brokerage transactions and transactions in which a broker-dealer solicits purchasers;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">block
                                            trades in which a broker-dealer will attempt to sell the Warrant Shares as agent but may
                                            position and resell a portion of the block as principal to facilitate the transaction;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">purchases
                                            by a broker-dealer as principal and resale by the broker-dealer for its account;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">an
                                            exchange distribution in accordance with the rules of the applicable exchange;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">privately
                                            negotiated transactions;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">to
                                            cover short sales made after the date that this registration statement becomes effective;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">an
                                            agreement with broker-dealers to sell as agent for the Selling Securityholders a specified
                                            number of the Warrant Shares at a stipulated price per share or otherwise at the prevailing
                                            market price;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">through
                                            put or call options, including the writing of exchange-traded call options, or other hedging
                                            transactions related to common shares, including the issuance by the Selling Securityholders
                                            of derivative securities, whether the options or such other derivative securities are listed
                                            on an options exchange or otherwise;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">through
                                            the distribution of the Warrant Shares by any Selling Securityholder to its partners, members
                                            or stockholders;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">a
                                            combination of any such methods of sale; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">any
                                            other method permitted pursuant to applicable law.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The Selling Securityholders
may also sell the Warrant Shares under Rule 144 or any other exemption from registration under the Securities Act, if available, rather
than under this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Additionally, a Selling Securityholder
that is an entity may elect to make a distribution of the Warrant Shares to its members, partners or stockholders pursuant to the registration
statement of which this prospectus is a part. To the extent that such members, partners or stockholders are not affiliates of ours, such
members, partners or stockholders would thereby receive freely tradeable common shares pursuant to the distribution through a registration
statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Broker-dealers engaged by the
Selling Securityholders may arrange for other brokers-dealers to participate in sales. Broker-dealers may receive commissions or discounts
from the Selling Securityholders (or, if any broker-dealer acts as agent for the purchaser of securities, from the purchaser) in amounts
to be negotiated, but, except as set forth in a supplement to this prospectus, in the case of an agency transaction not in excess of
a customary brokerage commission in compliance with FINRA Rule 2440; and in the case of a principal transaction a markup or markdown
in compliance with FINRA IM-2440-1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">In connection with the sale
of the Warrant Shares covered hereby, the Selling Securityholders may enter into hedging transactions with broker-dealers or other financial
institutions, which may in turn engage in short sales of the shares in the course of hedging the positions they assume. The Selling Securityholders
may also sell shares short and deliver Warrant Shares to close out their short positions, or loan or pledge the Warrant Shares to broker-dealers
that in turn may sell these shares. The Selling Securityholder may also enter into option or other transactions with broker-dealers or
other financial institutions or create one or more derivative securities which require the delivery to such broker-dealer or other financial
institution of Warrant Shares offered by this prospectus, which shares such broker-dealer or other financial institution may resell pursuant
to this prospectus (as supplemented or amended to reflect such transaction).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">The Selling Securityholders
and any broker-dealers or agents that are involved in selling the Warrant Shares may be deemed to be &#8220;underwriters&#8221; within
the meaning of the Securities Act in connection with such sales. In such event, any commissions received by such broker-dealers or agents
and any profit on the resale of the Warrant Shares purchased by them may be deemed to be underwriting commissions or discounts under
the Securities Act. We are requesting that each Selling Securityholder inform us that it does not have any written or oral agreement
or understanding, directly or indirectly, with any person to distribute the Warrant Shares. We will pay certain fees and expenses incurred
by us incident to the registration of the Warrant Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Because a Selling Securityholder
may be deemed to be an &#8220;underwriter&#8221; within the meaning of the Securities Act, it may be subject to the prospectus delivery
requirements of the Securities Act, including Rule 172 thereunder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">We have agreed to use reasonable
best efforts to keep the registration statement of which this prospectus is a part continuously effective and in compliance with the
Securities Act until the earlier of (x) such time as all of the Warrant Shares have been sold thereunder, or are eligible for resale
without restriction on volume or manner of sale and without the need for current public information pursuant to Rule 144(b) under the
Securities Act, and (y) the Expiration Time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Under applicable rules and regulations
under the Exchange Act, any person engaged in the distribution of the resale securities may not simultaneously engage in market making
activities with respect to the common stock for the applicable restricted period, as defined in Regulation M, prior to the commencement
of the distribution. In addition, the Selling Securityholders will be subject to applicable provisions of the Exchange Act and the rules
and regulations thereunder, including Regulation M, which may limit the timing of purchases and sales of the common stock by the Selling
Securityholders or any other person. We will make copies of this prospectus available to the Selling Securityholders and are informing
the Selling Securityholders of the need to deliver a copy of this prospectus to each purchaser at or prior to the time of the sale (including
by compliance with Rule 172 under the Securities Act).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 2; Value: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><A NAME="a_009"></A>LEGAL
MATTERS </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Certain legal matters in connection
with the securities will be passed upon for us by Holland &amp; Hart LLP, Denver, Colorado.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><A NAME="a_010"></A>EXPERTS
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">The consolidated financial statements
of SM Energy Company and subsidiaries in SM Energy Company&#8217;s 2020 <A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/893538/000089353821000008/sm-20201231.htm" STYLE="-sec-extract: exhibit">Form
10-K, and the effectiveness of SM Energy Company&#8217;s internal control over financial reporting as of</A> <A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/893538/000089353821000008/sm-20201231.htm" STYLE="-sec-extract: exhibit">December
31, 2020</A> have been audited by Ernst &amp; Young LLP, independent registered public accounting firm, as set forth in their reports
thereon, included therein, and incorporated herein by reference. Such consolidated financial statements are incorporated herein by reference
in reliance on their report given on their authority as experts in accounting and auditing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Certain information with respect
to our proved oil and gas reserves referred to and incorporated by reference herein is based in part upon the audit of our proved reserve
estimates by Ryder Scott Company, L.P., a firm of independent petroleum engineers. Such information is included and incorporated herein
in reliance on the authority of such firm as experts in petroleum engineering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><A NAME="a_011"></A>WHERE
YOU CAN FIND MORE INFORMATION </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">We are subject to the informational
requirements of the Exchange Act, and we file annual, quarterly and other reports and other information with the Commission. You may
read and copy any document we file with the Commission at the Commission&#8217;s public reference room at 100 F Street NE, Washington,
D.C. 20549-2521. Please call 1-800-732-0330 for further information concerning the operation of the public reference room. Our SEC filings
are also available on the Commission&#8217;s web site at <I>http://www.sec.gov. </I>Unless specifically listed under &#8220;Incorporation
by Reference&#8221; below, the information contained on the Commission&#8217;s web site is not intended to be incorporated by reference
in this prospectus and you should not consider that information a part of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Our common stock is listed and
traded on NYSE. Our reports, proxy statements and other information filed with the Commission can also be inspected and copied at the
NYSE, 20 Broad Street, New York, New York 10005.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">We make available free of charge
on or through our Internet website, <I>http://www.sm-energy.com</I>, our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q,
Current Reports on Form 8-K and amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act
as soon as reasonably practicable after we electronically file such material with, or furnish it to, the Commission. Information contained
on our Internet website is not part of this prospectus and does not constitute a part of this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">This prospectus incorporates
important business and financial information about us that is not included in or delivered with this prospectus. We will provide this
information and any and all of the documents referred to herein, including the indenture for the notes, which is summarized in this prospectus,
without charge to each person to whom a copy of this prospectus has been delivered, who makes a written or oral request at the following
address or telephone number:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">Investor Relations<BR>
SM Energy Company<BR>
1775 Sherman Street, Suite 1200<BR>
Denver, Colorado 80203<BR>
(303) 861-8140<BR>
ir@sm-energy.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

<!-- Field: Page; Sequence: 3; Value: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><A NAME="a_012"></A>INCORPORATION
BY REFERENCE </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">We &#8220;incorporate by reference&#8221;
in this prospectus certain documents that we have previously filed with the Commission. This means that we are disclosing important information
to you without actually including that information in this prospectus by referring you to other documents that we have filed separately
with the Commission. The information incorporated by reference is an important part of this prospectus. Information that we later provide
to the Commission, and which is deemed &#8220;filed&#8221; with the Commission, will automatically update information that we previously
filed with the Commission, and may replace information in this prospectus and information that we previously filed with the Commission.
We incorporate by reference the following documents in this prospectus, which you should review in connection with this prospectus:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left"><A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/893538/000089353821000008/sm-20201231.htm" STYLE="-sec-extract: exhibit">our
                                            Annual Report on Form 10-K for its fiscal year ended December 31, 2020, filed with the SEC
                                            on February 18, 2021 (the &#8220;2020 Form 10-K&#8221;);</A></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left"><A HREF="http://www.sec.gov/Archives/edgar/data/893538/000089353821000022/def14a-proxystatementforth.htm" STYLE="-sec-extract: exhibit">our
                                            Proxy Statement on Schedule 14A relating to our annual meeting of stockholders, filed on
                                            April 16, 2021 (with respect to those portions incorporated by reference into our 2020 Form
                                            10-K);</A></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left"><A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/893538/000089353821000030/sm-20210331.htm" STYLE="-sec-extract: exhibit">our
                                            Quarterly Report on Form&nbsp;10-Q for the quarter ended March&nbsp;31, 2021, filed with
                                            the SEC on April 30, 2021;</A></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">our
                                            Current Reports on Form 8-K filed with the SEC on <A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/893538/000089353821000016/sm-20210321.htm" STYLE="-sec-extract: exhibit">March
                                            25, 2021</A>, <A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/893538/000089353821000032/sm-20210527.htm" STYLE="-sec-extract: exhibit">June
                                            1, 2021</A>, <A HREF="http://www.sec.gov/ix?doc=/Archives/edgar/data/893538/000110465921078518/tm2118898d1_8k.htm" STYLE="-sec-extract: exhibit">June
                                            9, 2021</A> and <A HREF="https://www.sec.gov/ix?doc=/Archives/edgar/data/893538/000110465921079486/tm2118895d4_8k.htm" STYLE="-sec-extract: exhibit">June
                                            10, 2021</A>, excluding any information furnished pursuant to Item 2.02, Item 7.01 or Item
                                            9.01 on any Current Report on Form 8-K; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.25in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left"><A HREF="http://www.sec.gov/Archives/edgar/data/893538/000089353821000008/exhibit414-descriptionofse.htm" STYLE="-sec-extract: exhibit">the
                                            description of the Company&#8217;s Common Stock contained in Exhibit 4.14 of the 2020 Form
                                            10-K, and any amendment or report filed with the SEC for the purposes of updating such description.</A></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We also incorporate by reference
each of the documents that we file with the Commission (excluding any portion of those filings furnished under Items 2.02 or 7.01 of
Form 8-K or other information furnished to the Commission) under Sections 13(a), 13(c), 14, or 15(d) of the Exchange Act on or after
this registration statement and prior to the filing of a post-effective amendment that indicates that all shares of Common Stock offered
hereby have been sold or that deregisters all such shares of Common Stock then remaining unsold. Any statements made in such documents
will automatically update and supersede the information contained in this prospectus, and any statements made in this prospectus update
and supersede the information contained in past SEC filings incorporated by reference into this prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">You should rely only on the
information contained or incorporated by reference in this prospectus, any applicable prospectus supplement, or any free writing prospectus
we may authorize to be delivered to you. You should not assume that the information incorporated by reference or provided in this prospectus,
any applicable prospectus supplement or any free writing prospectus is accurate as of any date other than the date on the front of each
document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 4; Value: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>PART II<BR>
<BR>
INFORMATION NOT REQUIRED IN PROSPECTUS </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0"><B>Item 14. Other Expenses of Issuance and Distribution.
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">The following table sets forth
the estimated expenses to be incurred in connection with the issuance and distribution of the securities being registered, other than
underwriting discounts and commissions to be paid by us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="border-bottom: Black 1pt solid; font-size: 10pt; font-weight: bold; text-align: center">Amount to<BR> be Paid</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="width: 87%; font-size: 10pt; text-align: left">SEC Registration Fee</TD><TD STYLE="width: 1%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 1%; font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="width: 10%; font-size: 10pt; text-align: right">13,281.36</TD><TD STYLE="width: 1%; font-size: 10pt; text-align: left"></TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Legal Fees and Expenses</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">30,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Accounting Fees and Expenses</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">15,000</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 10pt; text-align: left">Printing Fees</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">*</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: rgb(204,238,255)">
    <TD STYLE="font-size: 10pt; text-align: left">Miscellaneous</TD><TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 10pt; text-align: right">*</TD><TD STYLE="font-size: 10pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left">Total</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 10pt; text-align: right">58,281.36</TD><TD STYLE="padding-bottom: 1pt; font-size: 10pt; text-align: left"></TD></TR>
  </TABLE>






<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 30pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 30pt; text-align: left"></P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 30pt; text-align: left"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 30pt; text-align: left">* Estimated expenses are not presently
known.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 30pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0"><B>Item 15. <I>Indemnification of Directors and
Officers. </I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Except to the extent indicated
below, there is no charter provision, bylaw, contract, arrangement or statute under which any director or officer of SM Energy is insured
or indemnified in any manner against any liability which he or she may incur in his or her capacity as such.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Article FIFTEENTH of SM Energy&#8217;s
restated certificate of incorporation contains a provision, permitted by Section 102(b)(7) of the Delaware General Corporation Law, limiting
the personal monetary liability of directors for breach of fiduciary duty as a director. This provision and Delaware law provide that
the provision does not eliminate or limit liability:&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.5in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">for
                                            any breach of the director&#8217;s duty of loyalty to SM Energy or its stockholders;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.5in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">for
                                            acts or omissions not in good faith or which involve intentional misconduct or a knowing
                                            violation of law;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.5in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">for
                                            unlawful payments of dividends or unlawful stock repurchases or redemptions as provided in
                                            Section 174 of the Delaware General Corporation Law; or</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="text-align: left; width: 0.5in"></TD><TD STYLE="text-align: left; width: 0.25in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: left">for
                                            any transaction from which the director derived an improper benefit.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin-top: 0pt; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Section 145 of the Delaware
General Corporation Law permits indemnification against expenses (including attorneys&#8217; fees), judgments, fines and amounts paid
in settlement actually and reasonably incurred in connection with actions, suits or proceedings in which a director, officer, employee
or agent is a party by reason of the fact that he or she is or was such a director, officer, employee or agent, if he or she acted in
good faith and in a manner he or she reasonably believed to be in or not opposed to the best interests of the corporation and with respect
to any criminal action or proceeding, had no reasonable cause to believe his or her conduct was unlawful. However, in connection with
actions by or in the right or the corporation, such indemnification is not permitted if such person has been adjudged liable to the corporation
unless the court determines that, under all of the circumstances, such person is nonetheless fairly and reasonably entitled to indemnify
for such expenses as the court deems proper. Article FOURTEENTH of SM Energy&#8217;s restated certificate of incorporation provides for
such indemnification.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 5; Value: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">Section 145 of the Delaware
General Corporation Law also permits a corporation to purchase and maintain insurance on behalf of its directors and officers against
any liability that may be asserted against, or incurred by, such persons in their capacities as directors or officers of the corporation
whether or not the corporation would have the power to indemnify such person against such liabilities under the provisions of such sections.
SM Energy has purchased such insurance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Section 145 of the Delaware
General Corporation Law further provides that the statutory provision is not exclusive of any other right to which those seeking indemnification
or advancement of expenses may be entitled under any bylaw, agreement, vote of stockholders or independent directors, or otherwise, both
as to action in such person&#8217;s official capacity and as to action in another capacity while holding such office.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">Article FOURTEENTH of SM Energy&#8217;s
restated certificate of incorporation and Section 19 of the Company&#8217;s By-laws contain provisions regarding indemnification that
parallel those described above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0"><B>Item 16. Exhibits and Financial Statement Schedules.
</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0"><B>(a) Exhibits. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">The following exhibits are filed as part of this
registration statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: black 1pt solid; text-align: left; width: 11%"><FONT STYLE="font-size: 10pt"><B>Exhibit&nbsp;No.</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 87%; text-align: center"><FONT STYLE="font-size: 10pt"><B>Description&nbsp;of&nbsp;Exhibit</B></FONT></TD></TR>
  <TR>
    <TD STYLE="text-align: center; vertical-align: top">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><A HREF="http://www.sec.gov/Archives/edgar/data/893538/000110465910041421/a10-13039_1ex3d1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">3.1</FONT></A></TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top"><A HREF="http://www.sec.gov/Archives/edgar/data/893538/000110465910041421/a10-13039_1ex3d1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Restated
    Certificate of Incorporation of SM Energy Company, as amended through June&nbsp;1, 2010 (filed as Exhibit&nbsp;3.1 to the registrant&#8217;s
    Quarterly Report on Form&nbsp;10-Q for the quarter ended June&nbsp;30, 2010 and incorporated herein by reference).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><A HREF="http://www.sec.gov/Archives/edgar/data/893538/000089353817000013/exhibit32-amendedandrestat.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">3.2</FONT></A></TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top"><A HREF="http://www.sec.gov/Archives/edgar/data/893538/000089353817000013/exhibit32-amendedandrestat.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Amended
    and Restated By-Laws of SM Energy Company, amended and restated effective as of February 21, 2017 (filed as Exhibit&nbsp;3.2 to the
    registrant&#8217;s Annual Report on Form&nbsp;10-K for the year ended December 31, 2016 and incorporated herein by reference).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><A HREF="http://www.sec.gov/Archives/edgar/data/893538/000089353820000009/exhibit411-description.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">4.1</FONT></A></TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top"><A HREF="http://www.sec.gov/Archives/edgar/data/893538/000089353820000009/exhibit411-description.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Description
    of the Securities of SM Energy Company registered pursuant to Section 12 of the Exchange Act (filed as Exhibit 4.11 to the registrant&#8217;s
    Annual Report on Form 10-K for the year ended December 31, 2019 and incorporated herein by reference). </FONT></A></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><A HREF="http://www.sec.gov/Archives/edgar/data/893538/000089353820000094/exhibit42warrantagreem.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">4.2</FONT></A></TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top"><A HREF="http://www.sec.gov/Archives/edgar/data/893538/000089353820000094/exhibit42warrantagreem.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Warrant
    Agreement dated as of June 17, 2020, among SM Energy Company, Computershare Inc. and Computershare Trust Company, N.A., collectively
    as warrant agent (filed as Exhibit 4.2 to the registrant&#8217;s Current Report on Form 8-K filed on June 17, 2020, and incorporated
    herein by reference)</FONT></A></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><A HREF="tm2118895d6_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">5.1*</FONT></A></TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top"><A HREF="tm2118895d6_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Opinion
    of Holland&nbsp;&amp; Hart LLP with respect to the legality of the Common Stock registered hereby.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><A HREF="tm2118895d6_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">23.1*</FONT></A></TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top"><A HREF="tm2118895d6_ex5-1.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Consent
    of Holland&nbsp;&amp; Hart LLP (contained in its opinion filed herewith as Exhibit&nbsp;5.1).</FONT></A></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><A HREF="tm2118895d6_ex23-2.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">23.2*</FONT></A></TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top"><A HREF="tm2118895d6_ex23-2.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Consent
    of Ernst&nbsp;&amp; Young LLP,&nbsp;Independent Registered Public Accounting Firm.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><A HREF="tm2118895d6_ex23-3.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">23.3*</FONT></A></TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top"><A HREF="tm2118895d6_ex23-3.htm" STYLE="-sec-extract: exhibit"><FONT STYLE="font-size: 10pt">Consent
    of Ryder Scott Company, L.P.</FONT></A></TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: center"><A HREF="#a_013"><FONT STYLE="font-size: 10pt">24.1*</FONT></A></TD>
    <TD STYLE="text-align: left; vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="text-align: left; vertical-align: top"><A HREF="#a_013"><FONT STYLE="font-size: 10pt">Powers of Attorney (included on
    the signature page&nbsp;to this Registration Statement).</FONT></A></TD></TR>
  </TABLE>



<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin-top: 3pt; margin-bottom: 3pt; width: 25%"><DIV STYLE="border-top: Black 1pt solid; font-size: 1pt">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: left"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: left">*Filed herewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 6; Value: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0"><B>Item 17. Undertakings. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 27.5pt">The undersigned Company hereby
undertakes:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 27.5pt">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 26.4pt">(1)&nbsp;To file, during any
period in which offers or sales are being made, a post-effective amendment to this Registration Statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 26.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 27.35pt; text-indent: 26.65pt">(i)&nbsp;to include
any prospectus required by section 10(a)(3)&nbsp;of the Securities Act;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 27.35pt; text-indent: 26.65pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 27.5pt; text-indent: 26.4pt">(ii)&nbsp;to reflect
in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective
amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration
statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if total dollar value securities
offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range
may be reflected in the form of prospectus filed with the SEC pursuant to Rule&nbsp;424(b)&nbsp;under the Securities Act if, in the aggregate,
the changes in volume and price represent no more than 20% change in the maximum aggregate offering price set forth in the &#8220;Calculation
of Registration Fee&#8221; table in the effective registration statement; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 27.5pt; text-indent: 26.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 27.5pt; text-indent: 26.4pt">(iii)&nbsp;to include
any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material
change to such information in the registration statement;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 27.5pt; text-indent: 26.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 27.5pt">provided, however, that paragraphs (1)(i)&nbsp;and
(1)(ii)&nbsp;do not apply if the registration statement is on Form S-8 and information required to be included in a post-effective amendment
by those paragraphs is contained in periodic reports filed with or furnished to the SEC by the Company pursuant to Section&nbsp;13 or
Section&nbsp;15(d)&nbsp;of the Exchange Act that are incorporated by reference herein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0 0pt 27.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 26.4pt">(2)&nbsp;That, for the purpose
of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement
relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide
offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 26.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 26.4pt">(3)&nbsp;To remove from registration
by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 26.4pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 27.5pt">The Company hereby undertakes
that, for purposes of determining any liability under the Securities Act, each filing of the Company&#8217;s annual report pursuant to
Section&nbsp;13(a)&nbsp;or Section&nbsp;15(d)&nbsp;of the Exchange Act (and, where applicable, each filing of an employee benefit plan&#8217;s
annual report pursuant to Section&nbsp;15(d)&nbsp;of the Exchange Act) that is incorporated by reference in the registration statement
shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at
that time shall be deemed to be the initial bona fide offering thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 27.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 27.5pt">Insofar as indemnification
for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Company pursuant
to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the SEC such indemnification is against
public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of
the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person
in connection with the securities being registered, the Company will, unless in the opinion of its counsel the matter has been settled
by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public
policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 27.5pt">&nbsp;</P>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

<!-- Field: Page; Sequence: 7; Value: 13 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B><A NAME="a_013"></A>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 27.35pt">Pursuant to the requirements
of the Securities Act of 1933, as amended, the Company certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form&nbsp;S-3 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Denver, State of Colorado, on June 11, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">SM Energy Company</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD COLSPAN="2" STYLE="border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/ Herbert S. Vogel</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left; width: 50%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 4%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 5%"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="text-align: left; width: 41%"><FONT STYLE="font-size: 10pt">Herbert S. Vogel</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">President and Chief Executive Officer</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 27.35pt">KNOW ALL PERSONS BY THESE
PRESENTS, that each person whose signature appears below constitutes and appoints each of Herbert S. Vogel and A. Wade Pursell with full
power to act alone, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for
him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective
amendments) and supplements to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection
therewith, with the SEC, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform
each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he or
she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their
or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0; text-indent: 27.5pt">Pursuant to the requirements
of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and
on the date indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; width: 29%; text-align: center"><FONT STYLE="font-size: 10pt"><B>SIGNATURE</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 47%; text-align: center"><FONT STYLE="font-size: 10pt"><B>TITLE</B></FONT></TD>
    <TD STYLE="width: 2%; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; width: 20%; text-align: center"><FONT STYLE="font-size: 10pt"><B>DATE</B></FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/ Herbert S. Vogel</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">President, Chief Executive Officer, and Director</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">June 11, 2021</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Herbert S. Vogel</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">(Principal Executive Officer)</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/ A. Wade Pursell</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Executive Vice President and Chief Financial Officer</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">June 11, 2021</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">A. Wade Pursell</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">(Principal Financial Officer)</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/ Patrick A. Lytle</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; text-align: left"><FONT STYLE="font-size: 10pt">Vice President &#8211; Chief Accounting Officer and
    Controller and Assistant Secretary</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">June 11, 2021</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Patrick A. Lytle </FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">(Principal Accounting Officer)</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/ William D. Sullivan</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Chairman of the Board of Directors</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">June 11, 2021</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">William D. Sullivan</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/ Carla J. Bailo</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">June 11, 2021</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Carla J. Bailo</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/ Stephen R. Brand</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">June 11, 2021</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Stephen R. Brand</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/ Ramiro G. Peru</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">June 11, 2021</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Ramiro G. Peru</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/ Julio M. Quintana</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 10pt">June 11, 2021</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Julio M. Quintana</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; text-align: left; width: 29%"><FONT STYLE="font-size: 10pt">/s/ Rose M. Robeson</FONT></TD>
    <TD STYLE="text-align: left; width: 2%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 47%"><FONT STYLE="font-size: 10pt">Director</FONT></TD>
    <TD STYLE="text-align: left; width: 2%">&nbsp;</TD>
    <TD STYLE="width: 20%; text-align: center"><FONT STYLE="font-size: 10pt">June 11, 2021</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Rose M. Robeson</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; text-align: left; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"></P>

<!-- Field: Page; Sequence: 8; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-5.1
<SEQUENCE>2
<FILENAME>tm2118895d6_ex5-1.htm
<DESCRIPTION>EXHIBIT 5.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 5.1</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"><IMG SRC="tm2118895d6_ex5-1img2.jpg" ALT="">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">June 11, 2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Board of Directors<BR>
SM Energy Company</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">1775 Sherman Street, Suite 1200</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Denver, Colorado 80203</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Re:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Registration
Statement on Form S-3</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Ladies and Gentlemen:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We have acted as counsel to SM Energy Company,
a Delaware corporation (the &#8220;<B><I>Company</I></B>&#8221;), in connection with its Registration Statement on Form S-3 filed with
the Securities and Exchange Commission (the &#8220;<B><I>Commission</I></B>&#8221;) on the date hereof (the &#8220;<B><I>Registration
Statement</I></B>&#8221;), pursuant to the Securities Act of 1933, as amended (the &#8220;<B><I>Securities Act</I></B>&#8221;). Pursuant
to the Registration Statement, the Company is registering for resale by certain holders (the &#8220;<B><I>Holders</I></B>&#8221;) of 5,304,386
shares (the &#8220;<B><I>Shares</I></B>&#8221;) of the Company&#8217;s common stock, par value $0.01 per share (&#8220;<B><I>Common Stock</I></B>&#8221;),
issuable upon the exercise of warrants (the &#8220;<B><I>Warrants</I></B>&#8221;) by the Holders issued pursuant to that certain Warrant
Agreement dated June 17, 2020 (the &#8220;<B><I>Warrant Agreement</I></B>&#8221;). This opinion letter is furnished to you at your request
to enable you to fulfill the requirements of Item 601(b)(5) of Regulation S-K under the Securities Act in connection with the Registration
Statement, and no opinion is expressed or may be implied herein as to any matter pertaining to the contents of the Registration Statement
other than as to the valid issuance of the Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">As the basis for the opinion hereinafter expressed,
we have reviewed originals or copies of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">A.</TD><TD>an executed copy of the Registration Statement;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">B.</TD><TD>a copy of the Restated Certificate of Incorporation of the Company, as filed with the Secretary of State of the State of Delaware
on November 17, 1992, as amended by the Certificate of Amendment, filed June 22, 1998, the Certificate of Amendment, filed May 31, 2001,
the Certificate of Amendment, filed May 26, 2005 and the Certificate of Amendment, filed June 1, 2010, and certified as of a recent date;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">C.</TD><TD>a copy of the Amended and Restated By-Laws of the Company effective as of February 21, 2017;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">D.</TD><TD>a copy of the resolutions of the Board of Directors of the Company (the &#8220;<B><I>Board</I></B>&#8221;) adopted at a meeting of
the Board on May 27, 2020, which approved the issuance of the Warrants to the Holders and the issuance of the Shares upon the exercise
of the Warrants;</TD></TR></TABLE>




<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="color: Black; width: 70%"><P STYLE="color: Black; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="color: Black">T
                                       </FONT>303.295.8000 &nbsp;&nbsp;<FONT STYLE="color: Black">F</FONT> 303.295.8261<BR>
                                       555 17th Street, Suite 3200, Denver, CO 80202-3921</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Mail to: P.O. Box 8749, Denver, CO 80201-8749</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">www.hollandhart.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P></TD>
  <TD STYLE="border-left: Black 1pt solid; padding-left: 5.4pt; width: 10%">Alaska<BR> Colorado<BR> Idaho</TD>
  <TD STYLE="border-left: Black 1pt solid; padding-left: 5.4pt; width: 10%">Montana<BR> Nevada<BR> New Mexico</TD>
  <TD STYLE="white-space: nowrap; border-left: Black 1pt solid; padding-left: 5.4pt; width: 10%">Utah<BR> Washington, D.C.<BR> Wyoming</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt; margin-bottom: 12pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 70%"><IMG SRC="tm2118895d6_ex5-1img2.jpg" ALT="">&nbsp;</TD>
  <TD STYLE="text-align: left; width: 30%; vertical-align: bottom"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">June 11, 2021</P>

<P STYLE="margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">Page 2</P></TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">E.</TD><TD STYLE="text-align: left">a copy of the resolutions of the Board adopted at a meeting of the Board on April 5, 2021, which approved the filing of the Registration
Statement and the registration for issuance of the Shares;</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">F.</TD><TD>the specimen of the Warrants and the Warrant Agreement; and</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">G.</TD><TD>the certificate of good standing covering the Company, issued by the Secretary of State of the State of Delaware as of a recent date
(the &#8220;<B><I>Good Standing Certificate</I></B>&#8221;).</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We have relied upon the foregoing and upon certificates
and other assurances of officers of the Company and others as to factual matters without having independently verified such factual matters.
We have assumed for purposes of this opinion: (a)&nbsp;information contained in documents reviewed by us is true, complete and correct;
(b)&nbsp;the genuineness and authenticity of all signatures on original documents; (c)&nbsp;the accuracy and completeness of all documents
delivered to us and the authenticity of all documents submitted to us as originals; (d)&nbsp;the conformity to originals of all documents
submitted to us as copies; (e)&nbsp;the accuracy, completeness and authenticity of certificates of public officials; (f)&nbsp;the legal
capacity of all natural persons; and (g)&nbsp;the due authorization, execution and delivery of all documents by parties other than the
Company.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="text-align: left; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We are opining herein as to the Delaware General
Corporation Law, as amended, and we express no opinion with respect to the applicability thereto, or the effect thereon, of the laws of
any other jurisdiction, or as to any matters of municipal law or the laws of any local agencies within any state.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Based on the foregoing, and subject to the qualifications,
assumptions and limitations stated herein, we are of the opinion that the Shares, when issued in accordance with the terms of the Warrant
Agreement, will be validly issued, fully paid and nonassessable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We expressly disavow any obligation to advise you
with respect to future changes in law or in our knowledge or as to any event or change of condition occurring subsequent to the date of
this letter. This opinion is for your benefit in connection with the Registration Statement and may be relied upon by you and by persons
entitled to rely upon it pursuant to the applicable provisions of the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We consent to the filing of this opinion as Exhibit
5.1 to the Registration Statement. In giving these consents, we do not thereby admit that we are within the category of persons whose
consent is required under Section&nbsp;7 of the Securities Act or the rules and regulations of the Commission.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">Very truly yours,</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>/s/ Holland &amp; Hart LLP</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>Holland and Hart LLP</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 2; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.2
<SEQUENCE>3
<FILENAME>tm2118895d6_ex23-2.htm
<DESCRIPTION>EXHIBIT 23.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #333333"><FONT STYLE="background-color: white"><B>Exhibit
23.2</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; color: #333333">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: #333333"><FONT STYLE="background-color: white"><B>Consent
of Independent Registered Public Accounting Firm</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #333333"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; color: #333333"><FONT STYLE="background-color: white">We
consent to the reference to our firm under the caption &quot;Experts&quot; in the Registration Statement (Form S-3) and related Prospectus
of SM Energy Company for the registration of 5,304,386</FONT> <FONT STYLE="background-color: white">shares
of its common stock and to the incorporation by reference therein of our reports dated February 18, 2021, with respect to the consolidated
financial statements of SM Energy Company, and the effectiveness of internal control over financial reporting of SM Energy Company, included
in its Annual Report (Form 10-K) for the year ended December 31, 2020, filed with the Securities and Exchange Commission.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #333333">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; color: #333333"><FONT STYLE="background-color: white">/s/ Ernst &amp;
Young LLP</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 63.5pt 0pt 0; text-align: justify; color: #333333">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 63.5pt 0pt 0; text-align: justify; color: #333333"><FONT STYLE="background-color: white">Denver,
Colorado</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: #333333"><FONT STYLE="background-color: white">June
11, 2021</FONT></P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-23.3
<SEQUENCE>4
<FILENAME>tm2118895d6_ex23-3.htm
<DESCRIPTION>EXHIBIT 23.3
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>EXHIBIT 23.3</B></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"><IMG SRC="tm2118895d6_ex23-3img3.jpg" ALT="">&nbsp;</P>

<P STYLE="margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 10%">&nbsp;</TD>
  <TD STYLE="width: 40%">&nbsp;TBPE REGISTERED ENGINEERING FIRM F-1580<BR>
 &nbsp;1100 LOUISIANA SUITE 4600</TD>
  <TD STYLE="width: 25%">HOUSTON, TEXAS 77002-5294</TD>
  <TD STYLE="text-align: right; width: 25%">FAX (713) 651-0849<BR>
TELEPHONE
(713) 651-9191</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CONSENT OF INDEPENDENT PETROLEUM ENGINEERS AND
GEOLOGISTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in">We hereby consent to the incorporation
by reference in the Registration Statement on Form S-3 of SM Energy Company of information contained in our audit report as of December
31, 2020, setting forth estimates of revenues from SM Energy Company's oil, gas and NGL reserves. We further consent to the reference
to our firm under the heading &quot;Experts&quot; and elsewhere in the Prospectus, which is part of this Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 50%">&nbsp;</TD>
  <TD STYLE="width: 50%">/s/ RYDER SCOTT COMPANY,
L.P.</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD><B>&nbsp;</B></TD>
  <TD><B>RYDER SCOTT COMPANY, L.P.</B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>TBPE Firm Registration No. F-1580</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Houston, Texas</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">June 11, 2021</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD STYLE="width: 33%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SUITE&nbsp;&nbsp;2800,&nbsp;&nbsp;350&nbsp;&nbsp;7TH&nbsp;&nbsp;AVENUE, S.W.</FONT></TD>
    <TD STYLE="width: 34%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CALGARY, ALBERTA T2P 3N9</FONT></TD>
    <TD STYLE="width: 33%; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TEL (403) 262-2799</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">633&nbsp;&nbsp;17TH STREET, SUITE 1700</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DENVER, COLORADO 80202</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">TEL (303) 339-8110</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="font-size: 10pt; text-align: center; margin-top: 0pt; margin-bottom: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>tm2118895d6_ex5-1img2.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2118895d6_ex5-1img2.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  X 5$# 2(  A$! Q$!_\0
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M7GA"RU"\NKBXN;A6+M+*6'#D# / Z52DMY;7X+M#,")%TCY@>H^3I5SX:?\
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!V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>tm2118895d6_ex23-3img3.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2118895d6_ex23-3img3.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !) 2,# 2(  A$! Q$!_\0
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M.SF@NYE*R/'82C?GKD;:RKV/X77]ZUW/I<_F.=SA+*958^X"X- %+3@=5O\
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M_D/P-9'AO3]>T#6?$^GZK9111:S;2WT"6C%XDD PZY[$[@?PKD?#_@C5+ ^
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6^8!M#8YQZ9I0 .@Q2T4 %%%% '__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>tm2118895d6_img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 tm2118895d6_img001.jpg
M_]C_X  02D9)1@ ! 0$ R #(  #_VP!#  $! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_
MVP!# 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0$!
M 0$! 0$! 0$! 0$! 0$! 0$! 0$! 0'_P  1" "P /<# 2(  A$! Q$!_\0
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M>K>&/$WA[4]"UW33B^T+Q):WVF:U%<0WKQSK):W2)&TJ@<^6#&Z;2AV%0?\
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MX8\%^)=;TV.(0?V+_P );X;T7Q98V(B 402Q:5KEC%=*JJ6G$IDR2:\Z9 "
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M7?LW:U\=_P#@GWXA\1>%M*N=4\3?!#QUH7Q2L[&R5I9[W0HM'\1>&?%D,4*
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M6]E\/O"EDL851M$#1VL9AC $:P+#&@"1J!^2D1S%;G+'-O=<L26)^SKG)/\
MG%?KA_P75"R_\%4?VI'=D$<FM> YX)401DPW'@7PU-#$< $&WBD2WP>%,>
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M=/\ "OCW3[>::.\U+P_YACAMM70CR)=)@'S7<<Q@7RMN[^A^VNGE8)Y;(O\
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MBH3:<(^SUC>JU5O%J*3CNG[VZ/G,;P;0E&4\(X1FFWRRC-WC9Z+EZWMT:/\
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M<%D=25922K#AABO[IO\ @U*^*EYK'[./Q^^#=S,&T_X:?%.WU_1XAN?RM/\
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M:,L</F7_ (\U.ZNO$'C"_FG1 UTI\4ZKJS:=+,9'AL!:PQL$C4#[>N/O#/\
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M4WB)H5N="O?">O>&Q.T9,GB*RUB*"P@MED!,<L]O?:C,6CP[G3HGSF!-O^;
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MB:Q:R1^2\<6N:7>,?#Z.-ZA-,OE\VW9'F E>5!_.RK*JJ@A=5W988QL<?*7
M'0DY;<,$DGUS29VO)&B2SPR%2/,2$HSX7<=\@)9E;<,DDKC X KERSP:X$R?
M$JK]5Q>(<$YOZU3E2HQ7-&7,G7O%S32Y59M)R:VNHK<69G7I3A6=2$>5N+46
MWSK1*T4GLV7KW4+S5;Z^U74+N:^U#4[Z[U&_OKB>:YN;V^O9HY;N[NKFX9[B
MXN[B2"![F>9WDEE@B+.WE1E:Q))))))))).223DDD\DD\DGDGFK5C;W-_>+I
MEM8SZGJ<QB6VL;>'5-3U%I9"J06VG:=X=@-U>&0%/^/V5D1V*(5B"JO[K?L
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MWA?]'18/E! &Q0<#Y_GWD_V,?\%D7A7_ ()I_M<M.S11#X67>)'D6*$L]]:
M NT<ZK@ AP8N1CJ#7^5W%?VHCC475DX1=J,-0LW 4$@*K%[,X487'V:+&,#>
M!YC_ *EX&\*\.\1Y'FT,QRK*,RQ<,0XX>GG&)HX2G0HJ46YQK5)0<IJ34%3B
M]4Y2M:-SYGBK&9IA\QC'!4ZOLN1-N+]U^ENKWO\ (^Q/VS/VU/C-^W7\7+3X
MY_&ZV\-GQA%X<T3P=:IX6T\Z=ILEAX6U#4]4L";1QYB)>R:S=65PLGRW#VTK
M$-&P%?)2J$5$#,VR.-"SDEF=$578DY)W.&.3SS59+^V4[TOM,B8["<ZG;QR9
MB9GC+;+S'R.[O'@_*79AAF;*?;;3_G^TC_P9P?\ R77]58+#X+(LNI8*AE?"
MV5X>G0^K0JX',:.+J2J7C)1=*%63C2<82;E:ZDH*^I\'C89SBJWM8X:HY-6D
MFG=QW>MK;I'J'PA^*7BCX'?$_P %?%SP:]FOBKX?Z_I?BOPZVL64-WI*ZC8W
M)CC$H9';>=A&X@, Q53MX/[LI_P<W_\ !2(BX\J'X*F-;B41[/!32@*)7^42
M1HB$CHP51M8%3DY)_G6%[;KN"7>C8<J6/]I0?.4Y0MB\&XH?ND\KCC%(+VV:
M1B]]I&6.7']J0<DCJ<WHR6/))SD]Z^?S[AW@WBG$8*KFU'+:E3#QY7-2H7EI
MJDY/2#LFXO=J+Z%4,1Q#@+2A0K4Z<;7BKIRU3LFE:^G4_OS_ ."&W_!6W]J7
M_@H-\:/C1X'^/2^"ETKX>> _#GB?2HO"6B+HDCW&I76NV;I.P"S2B4V\3%9&
M*[HHV PB@?T^%3*P)P5PYD4#Y&8#80PY#%0!'EN2JX^G\(/_  :FRV\W[37[
M3!$]I.?^%2^#@NS4K5H]HUOQ.<1QQP-/* 2Q;-Y+Y;EV4(%\M/[Q8 -S#@CS
M)1]QD&/-;@JQ)/'!;.USEU^5@*_BGQ7RK+,KXMQ.!R:A3A@%ADDJ,J7(DY/F
MY53T3;2UZ6L]TS]>X<Q>+QF AB,7"5-_#R5&G)NRUNK*UKZ;GY0?\%4O^"9W
MA7_@IE\(?"O@>[\5Q_#WQ=X$\2#6_"_C9-.@U,V<$Y6WU/1;FTD1O/LYX($N
M3;-^Y9C&SQDA37X+M_P:=ZAO:0?M>%E\V:1)#\/4>8F25Y&DWVSJB^:SM(!&
MH"A@K9()/]I1@A5AMAB&UBZXC0;7==K,N!PS#AF&"1P212JB+C:BKCIM4#'T
MP*\O(N.N*>',"LNRC'3PV#4N?DG[[YK-736VC>V@\?D."S&NJN(C%Q34E'6_
M,MFW>UK-H_#+_@E#_P $<_#'_!-;6?B=XNO_ (BP?%GQSXZ;3+.Q\2S^'XM+
MNO"OA>PM8Q/IH25'N5,^H&\OH$241AKN294W32$_N5"%$:[!A,?)SN+)GY')
MP.9%P[#'!8@\C-/$84L^T?O,;N!AMH ^?^]P,#/;CI0 ,Y7"KV4< <8/' '/
M/ Z\U\[G><9GF^(J9ACZ_P!8Q4URU)RYG>#=VDFVEY=-V]=O3PF%H8.G&A0A
M:GHDE;1V?O/NEMWU/YY/^"\/_!2C]H[_ ()[Z7\!KG]GV/P<US\3M6\7Z-KL
M_BS1KG5(K,Z-I-GJ=E)#AO)#R/(8@R+O 9D9CDBOYPS_ ,'-W_!2$(T[0_!H
M,B6,EP/^$(G*?OG0W"Q0DD)Y<F4X RT08Y/-?I=_P=H26+:#^R5;7-W#:1R>
M(O'4ER^(I986@T:REM9O+2_@N+>2>0BU\[RD=XU"!V0"OXKVN+(L)'GL$,D<
M+2(+JW257*K(RL)[]K@!)68JKL0IQLP@7']2^$/!O >;<,8;'YO#!U\:J\?;
MX7$.GS.E:?,TYM1UE&&C[Z]3\_XEQN;83,)QPU.K.,H-<T'[MG;3KJ?1/[3G
M[1GQ$_:R^.'C#X]?%%M%G\<>.KRT?59]"T\Z9IXETO3+'1;'=:./,C866FP.
MS2$F2=Y;A3F;)\"<*(A&VX^=,+.$Q9#*W\0)&"%+AF4?=VD=L54&H6(,A%Y8
MKYS*\OFZI"LDCJH17FVWV'95551F)(0* 0   7]D""+S300_F C5(00^,;QB
M]X?'&[KCC-?T72Q5#!T*6#R2ODV'P^'<8T:4W#]WAHQY733A)1O?DM9**2/A
ML3_:&(GSXBE4IIRNY.$I<SU]VT5?6[=WIH?1O[+G[2_Q&_9"^-/A#X__  J_
MX1R3Q[X!?4_[&M==MEO=/O?[3MVTNX2YM71HW-LB&= RG:^9!AB37[-VO_!S
ME_P4ECPL=O\ !>6.&$R-O\%M,9GAEM+<QJ\2JA$@#R_(%^:1B?F+$_SK+>68
M(9+RR4JSNICO[,A7D),C*S7H8-(23(W5F)R33Q>0 !EN+9BHRKB]BR,3V0!5
MH[.[48^[\MQ)C&#M/[M?E>(^&.#,ZH8O&\0X3+ZV->&J0H8FA4PSFJ]G.*LV
MZG)I-V7VK'I8''YE@Y4X8&52/,U&:<)Q3@[7Z;W2^5S_ %4?^"3?[4?Q*_;
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M=7&<D-&D=Q<QS*XVR*(KF4A)$R@8.B']IXS_ )_3^]?_ "(?ZJY#_P! DO\
MP8SG?^&*?V<O^B=:7_X':U_\G4O_  Q3^SG_ -$[TS_P/UK_ .3Z^N$2,J"(
MU'7(*@D$$@@DC/!!%!CCPWR)W_A7^Z/:C^T\7_S]E]Z_^1#_ %5R'_H$G_X,
M9\AM^Q7^SD"?^+=Z=^%UK3#I_>^U-G\SCI[4H_8I_9R(S_PKO3?QN]:!_+[6
M,?E7M7Q,^*W@'X2>'6\0^/O$5KX<T[S?*AG<0SW=S+EB(;:S*R23,V-N1&<<
M#*@@U\#ZI_P5.^"%G?/:VWA3QMJ5NMQ)#]ML]/TMXWCC<HMP&EU:TE42*!(4
M>WC,98H-ZJ)'/[3QG_/V7WK](C7">0O182?_ (-/H[_ABO\ 9S''_"N=+/N;
MS6\_I=FGC]BK]G4@$?#O2P/3[=K Q^#7H/YC]*M_!+]KCX+_ !UE-CX5UM].
MUN)2?^$=U[[-8ZE(Q9@/+,5S<PS[@ ZK%<2@(ZAML@:-?JJ)$.[*+_#P54XR
M <=,?E1_:>,_Y^R_#_Y$)<)9$M\+/_P98^31^Q5^SJ/^:=Z2?K?:OG_TNJ-O
MV*OV=,G/P\TW_@-[K..G;%[C_P"O7U?= 1H\B0&1D8G9;I&\KA8MYCV2#9O?
M&%SS@J1R:^'?#O[=7POUGXL?\*=USPYXN\(^))=:N-%2\UNQM;73Q) !+9S+
M*#N"WS21Q [3E6!P_ H_M/&?\_9?>O\ Y$7^JF0?] E3_P &'9?\,5?LY_\
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M_P $D? UP_FCXF>+9E^8H\DWAJ1AO18Y0K+X*"A2L:Q84#,4:(V=E 'Z1?\
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7=2P  ,   = . /PHI ,#&<^]%!!__]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
