SM Energy to acquire Civitas Resources in $2.8B all-stock deal
SM Energy Company (NYSE: SM) on Monday announced that it will acquire rival Civitas Resources Inc (NYSE: CIVI) in an all-stock transaction valued at...
Civitas Resources, Inc. is an independent exploration and production company, which focuses on the acquisition, development, and production of crude oil and associated liquids-rich natural gas primarily in the Denver-Julesburg Basin in Colorado and the Permian Basin in Texas and New Mexico. The company was founded in 1999 and is headquartered in Denver, CO.
SM Energy Company (NYSE: SM) on Monday announced that it will acquire rival Civitas Resources Inc (NYSE: CIVI) in an all-stock transaction valued at...
Gold Fields shines as Zacks Bull of the Day with soaring earnings, while Civitas struggles in oil???s downturn as the Bear pick.
Even with low oil prices, this E&P is paying a big dividend.
Civitas (CIVI) delivered earnings and revenue surprises of -11.61% and -5.19%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead...