Sm Energy Executive Summary

This memo is to inform the company’s areas of biggest concern of the annual report and interesting facts about SM Energy. After researching the company, I discover several interesting facts as follows:
● Financial statement of SM energy has an enormous difference between 2015 and 2016, in 2015 SM energy has a net loss (447,710) thousands of dollars and 2016 (757,744) thousands of dollars.
● Proxy Statement states that compensation committee reviews the SM Energy compensation programs to ensure that they do not encourage employees to go beyond the usual tasks than taking risks.
● Also, Audit committee and management discover that the SM Energy has ongoing assessment of the risk management process.
● The biggest concern with Sm Energy