SM Energy and Civitas Resources Announce Strategic Merger to Enhance Market Position
SM Energy Company has entered into a merger agreement to acquire Civitas Resources, Inc. in a strategic transaction aimed at creating a stronger combined entity in the energy sector. Shareholders will need to approve the deal, which will see Civitas shareholders receive shares of SM Energy stock.
In a significant move within the energy sector, SM Energy Company (NYSE: SM) and Civitas Resources, Inc. (NYSE: CIVI) have announced a merger agreement that will reshape their operational landscape. The agreement, executed on November 2, 2025, outlines a plan for SM Energy to acquire Civitas through a two-step merger process. Specifically, a wholly owned subsidiary of SM Energy, referred to as 'Merger Sub,' will first merge with Civitas, with Civitas becoming a wholly owned...