Denver-based companies SM Energy and Civitas Resources have completed a $12.1 billion merger, expanding footprint in Permian Basin.
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Strength seen in SM Energy (SM): Can its 5.3% jump turn into more strength?
SM Energy (SM) shares soared 5.3% in the last trading session to close at $20.04. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the ...
Companies to host a live Q&A call today at 8:00 a.m. Mountain time/10:00 a.m. Eastern time DENVER, Nov. 3, 2025 /PRNewswire/ -- SM Energy Company ("SM Energy") (NYSE: SM) and Civitas Resources, Inc. ( ...
SM Energy's stock has nearly doubled in value over the past year and is up 28% since being rated a "buy" in December. The company reported better-than-expected earnings for Q1, with improved drilling ...
SM Energy (NYSE:SM) has completed its $12.8b all stock merger with Civitas Resources. The combined company is now a top 10 independent oil producer in the U.S. Leadership has shifted, with a new CEO ...
Civitas Resources Merges With SM Energy In $12.8 Billion Deal, Strengthening Permian Basin Footprint
As per the deal, Civitas shareholders will receive 1.45 shares of SM Energy for each Civitas share. As part of the transaction, SM Energy will issue around 126.3 million shares to Civitas shareholders ...
The SM Energy and Civitas Resources merger is rated a Strong Buy despite initial market disappointment. The merger accelerates debt reduction, targeting a 1.0x leverage ratio by 2027, with $200 ...
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