Moody's Ratings affirms SM Energy's Ba3 CFR; outlook remains stable
Moody's Ratings (Moody's) affirmed SM Energy Company's Ba3 Corporate Family Rating (CFR), Ba3-PD Probability of Default Rating (PDR), and B1 senior unsecured notes. The rating outlook remains stable. These ratings actions follow the public announcement of SM's agreement to acquire 80% the assets o...SM Energy is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and natural gas liquids in the state of Texas. The company's operations are concentrated in the Midland Basin and South Texas.
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