Civitas Resources: Upgrading To Buy On Transformational Merger With SM Energy

Civitas Resources and SM Energy are merging in a $12.8B deal, forming a top-10 US oil producer. The merger targets $200–$300M in annual synergies, debt reduction to 1.0x leverage by 2027, and operational scale benefits. Risks include geographic dispersion, limited operational overlap, inventory quality concerns, and reduced dividends for CIVI shareholders.

Seeking Alpha • Dec 10, 2025

5 Broker-Adored Stocks to Monitor as 2025 Nears Its End

As 2025 winds down, brokers favor ZUMZ, BODI, CVI, CIVI, and ADNT. These stocks show earnings strength and valuation appeal.

Zacks Investment Research • Dec 10, 2025

17 dividend-stock bargains from a value manager with a stellar track record

John Buckingham, editor of the Prudent Speculator, reminds investors to be “willing to stomach volatility.”

Market Watch • Dec 2, 2025

SM ENERGY ANNOUNCES ADDITIONAL DETAILS ON PLANNED MERGER WITH CIVITAS AND PARTICIPATION IN UPCOMING INVESTOR CONFERENCES

DENVER , Nov. 17, 2025 /PRNewswire/ -- SM Energy Company ("SM Energy" or the "Company") (NYSE: SM) and Civitas Resources, Inc. ("Civitas") (NYSE: CIVI) today announce additional details in connection with their planned merger (the "Transaction"). In addition to the details below, SM Energy and Civitas have posted a presentation to each of their respective websites.

PRNewsWire • Nov 17, 2025

Civitas Q3 Earnings Beat Estimates, Revenues Miss, Both Fall Y/Y

CIVI's Q3 profit tops estimates on stronger gas prices, but revenues slip amid lower oil and gas volumes.

Zacks Investment Research • Nov 10, 2025

Civitas Resources (CIVI) Beats Q3 Earnings Estimates

Civitas Resources (CIVI) came out with quarterly earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.99 per share a year ago.

Zacks Investment Research • Nov 7, 2025

Civitas Resources Reports Strong Third Quarter 2025 Financial and Operating Results

DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today reported its third quarter 2025 financial and operating results. Civitas' third quarter 2025 earnings webcast and conference call scheduled for Friday, November 7, 2025, has been cancelled as a result of the merger announcement with SM Energy Company (NYSE: SM) ("SM Energy"). Key Highlights Third quarter results exceeded expectations, with higher production and lower cash operating expenses contribu.

Business Wire • Nov 6, 2025

$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Civitas Resources, Inc. (NYSE: CIVI)

NEW YORK, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Class Action Attorney  Juan Monteverde with Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Civitas Resources, Inc. (NYSE: CIVI ) related to its sale to SM Energy Company. Under the terms of the proposed transaction, Civitas shareholders will receive 1.45 shares of SM Energy common stock per share of Civitas. Is it a fair deal?

GlobeNewsWire • Nov 4, 2025

Civitas Resources to Report Q3 Earnings: What's in the Offing?

CIVI gears up to post Q3 earnings as lower volumes and oil prices weigh, but cost savings and efficiency gains may soften the impact.

Zacks Investment Research • Nov 4, 2025

Shareholder Alert: The Ademi Firm investigates whether Civitas Resources Inc. is obtaining a Fair Price for its Public Shareholders

MILWAUKEE , Nov. 3, 2025 /PRNewswire/ -- The Ademi Firm is investigating Civitas (NYSE: CIVI) for possible breaches of fiduciary duty and other violations of law in its transaction with SM Energy. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995.

PRNewsWire • Nov 3, 2025