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Relative percentage

SM Energy·Geographic·4 segments·Rolls up to Concentration Risk %

Breakdown

Segments

Midland BasinView metric

DJ BasinView metric

South TexasView metric

Uinta BasinView metric

Segment	Q3 '23	Q1 '24	Q2 '24	Q3 '24	Q1 '25	Q2 '25	Q3 '25	Q1 '26
Midland Basin	—	—	—	—	—	—	—	49%
DJ Basin	—	—	—	—	—	—	—	23%
South Texas	35%	33%	37%	37%	28%	27%	29%	14%
Uinta Basin	—	—	—	—	25%	30%	29%	14%
Total	—	—	—	—	—	—	—	—