Civitas Resources surges following news of potential sale exploration
Civitas Resources is reportedly exploring a potential sale with advisers, evaluating options with competitors of similar or larger size, leading to a 2.2% increase in its stock. The company, which operates in Texas and Colorado, has a market capitalization of approximately $2.9 billion. Analyst ratings vary, with Morgan Stanley downgrading its price target while UBS maintains a Neutral rating with a raised price target due to a stronger 2026 outlook for the energy sector.
Civitas Resources to be Sold to SM Energy with 1.45 Shares per Shareholder
Former Louisiana Attorney General Charles C. Foti's law firm is investigating the proposed sale of Civitas Resources to SM Energy, where Civitas shareholders would receive 1.45 shares of SM Energy stock for each share of Civitas. The investigation aims to determine if the valuation is fair and to protect shareholder rights, which could lead to stock price fluctuations. Separately, SM Energy's all-stock merger with Civitas Resources was approved by shareholders on January 27, 2026, and the combined company aims for $200-300 million in annual synergies.
RBC Capital Markets Downgrades Civitas Resources (CIVI) Stock, Reduces PT
RBC Capital Markets has downgraded Civitas Resources (CIVI) stock and reduced its price target for the company. This action by a major financial institution often signals a revised outlook on the company's future performance or market conditions impacting the energy sector. Investors will likely watch for further details regarding the rationale behind this downgrade.
RBC Capital Markets Downgrades Civitas Resources (CIVI) Stock, Reduces PT
RBC Capital Markets has downgraded Civitas Resources (CIVI) stock and reduced its price target. This reflects a more cautious outlook from the investment bank regarding the company's future performance. The specific details of the new rating and price target would likely be included in the full analyst report.
Is Civitas Resources (CIVI) Now A Potential Opportunity After A 43% One-Year Share Price Fall
Civitas Resources (CIVI) has seen a 43.4% share price decline over the past year, closing at US$27.38, yet it has gained 71.9% over five years. Despite recent market reassessments of energy companies, Simply Wall St's Discounted Cash Flow (DCF) analysis suggests the stock is significantly undervalued by 86.6%, with an intrinsic value estimated at US$204.65 per share. Its current P/E ratio of 3.66x is also well below the industry average and its calculated "Fair Ratio" of 13.89x, further indicating undervaluation.
SM ENERGY CLOSES MERGER WITH CIVITAS RESOURCES
SM Energy (NYSE: SM) announced the closing of its all-stock merger with Civitas Resources (NYSE: CIVI) after approval from stockholders of both companies. The combined entity will retain the SM Energy name and ticker symbol "SM," with Beth McDonald appointed as President and CEO. The company anticipates achieving $200-300 million in annual synergies and divesting at least $1.0 billion over the next year to strengthen its balance sheet and accelerate returns to stockholders.
Civitas Resources Terminates Credit Agreement With JPMorgan Chase
Civitas Resources has terminated its Amended and Restated Credit Agreement with JPMorgan Chase and other lenders on January 30, 2026. This action was taken in connection with its mergers, leading to the repayment of all outstanding amounts and the release of all obligations without termination penalties. The termination aims to align the company's financing with its new post-merger structure.
SM Energy completes merger with Civitas Resources, NYSE delisting announced
SM Energy Company has completed its merger with Civitas Resources, Inc., making Civitas a wholly-owned subsidiary of SM Energy. The transaction was finalized after stockholder approval, with Civitas common stock shares converted into SM Energy common stock at a 1.45 exchange ratio. Following the merger, Civitas's common stock will be delisted from the NYSE and its reporting obligations suspended, while its directors and officers have resigned.
Civitas Resources Announced Transfer or Voluntary Withdrawal of Listing
Civitas Resources requested the NYSE delist its common stock effective January 30, 2026, as part of a merger agreement. Each share was converted into 1.45 shares of SM Energy common stock. The company also plans to file a Form 15 to suspend its reporting obligations.
SM Energy-Civitas merger creates top-10 U.S. oil producer
SM Energy (NYSE: SM) has closed its all-stock merger with Civitas Resources, creating a top-10 independent U.S. oil producer with an expanded Permian footprint. Beth McDonald has been appointed CEO, and a new 11-member Board has been set. The company aims for $200–$300 million in annual synergies and at least $1.0 billion in asset divestitures over the next year.
Civitas Resources faces shareholder lawsuits over SM merger
Civitas Resources is facing shareholder lawsuits and demand letters in New York due to alleged disclosure deficiencies related to its November 2025 merger agreement with SM Energy. To mitigate litigation risks and prevent delays to shareholder votes, Civitas has released supplemental financial and background information. Despite these legal challenges, TipRanks' AI Analyst, Spark, rates CIVI as "Outperform" due to its valuation and merger prospects, although technical analysis indicates bearish momentum.
Civitas Resources discloses shareholder lawsuits and supplements merger proxy By Investing.com
Civitas Resources announced that two shareholder lawsuits have been filed regarding its pending merger with SM Energy Company, alleging disclosure deficiencies in the joint proxy statement. The company has voluntarily provided supplemental disclosures to address these concerns and avoid potential delays, though it denies any wrongdoing. The special meetings for shareholders of both companies are still scheduled for January 27, 2026.
Civitas Resources discloses shareholder lawsuits and supplements merger proxy
Civitas Resources (NYSE:CIVI) has announced two shareholder lawsuits related to its merger with SM Energy (NYSE:SM), alleging disclosure deficiencies in the joint proxy statement. While denying the need for further disclosure, Civitas is voluntarily providing supplemental information to avoid delays. The company also reported strong Q3 earnings, exceeding analyst expectations, and detailed plans for divestitures post-merger, yet analyst ratings have been mixed.
Civitas Resources Announces Merger with SM Energy
Civitas Resources is facing two lawsuits from its stockholders concerning disclosures related to its merger with SM Energy. While Civitas denies the allegations of deficiencies in the merger proxy statement, it has supplemented disclosures to prevent delays. Stockholder meetings for the merger are still planned for January 27, 2026.
Could Civitas Resources (CIVI) Finally Take Off After Regulatory Clarity?
Civitas Resources (NYSE: CIVI) is highlighted as one of the cheapest oil and gas stocks, with an analyst reaffirming a Hold rating and a price target suggesting a 12.5% upside. The company recently achieved a key regulatory approval for its merger with SM Energy Company, reducing antitrust uncertainty. This development is seen as a significant step towards strengthening Civitas Resources' competitive position, although analysts have noted limited upside potential until the merger is completed.
Civitas Resources Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Civitas Resources, Inc. - CIVI
Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of Civitas Resources, Inc. (NYSE: CIVI) to SM Energy Company (NYSE: SM). Civitas shareholders are set to receive 1.45 shares of SM Energy common stock for each Civitas share they own. KSF is evaluating whether the proposed consideration adequately values Civitas Resources and encourages shareholders who believe the transaction undervalues the company to contact them.
Civitas Resources Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Civitas Resources, Inc. - CIVI
Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of Civitas Resources, Inc. (NYSE: CIVI) to SM Energy Company (NYSE: SM). The law firm is scrutinizing the adequacy of the price and process, as Civitas shareholders are set to receive 1.45 shares of SM Energy common stock for each Civitas share. KSF encourages shareholders who believe the offer undervalues the company to contact them to discuss their legal rights.
Civitas Resources Inc: Can This Colorado Shale Player Keep Beating The Tape?
Civitas Resources Inc. has outperformed the U.S. shale complex recently, driven by disciplined capital returns and accretive deals. While Wall Street is bullish and the stock is near 52-week highs, investors are debating whether further upside or consolidation is next. The company's strategy focuses on high-quality acreage, efficient drilling, and returning free cash flow to shareholders, supported by ongoing integration of acquisitions and positive operational updates.
CIVI Investors Have the Opportunity to Lead the Civitas Resources Securities Fraud Lawsuit with Faruqi & Faruqi, LLP
Faruqi & Faruqi, LLP is investigating potential securities fraud claims against Civitas Resources, Inc. and is encouraging investors who suffered significant losses to contact them before the July 1, 2025 deadline to seek lead plaintiff status. The lawsuit alleges that Civitas made false and misleading statements regarding its oil production, financial condition, and operational capabilities, which led to a substantial stock price drop after the company announced poor financial results and workforce reductions.
ROSEN, A TOP RANKED LAW FIRM, Encourages Civitas Resources, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - CIVI
Rosen Law Firm reminds investors who purchased Civitas Resources, Inc. securities between February 27, 2024, and February 24, 2025, of the July 1, 2025 lead plaintiff deadline in a securities class action lawsuit. The lawsuit alleges that Civitas made materially false and misleading statements regarding its oil production, financial condition, and operational capabilities, leading to investor damages. Investors are encouraged to contact Rosen Law Firm to join the class action and potentially recover losses.
SM Energy (CIVI) gains HSR clearance as Civitas merger and SVP transition move toward Q1 2026 close
SM Energy has received Hart-Scott-Rodino (HSR) antitrust clearance for its merger with Civitas Resources, pushing the expected closing to Q1 2026. The company also announced a leadership transition, with Senior Vice President Kenneth J. Knott moving to an advisory role post-merger to support integration. This regulatory approval removes a significant hurdle, bringing the two-step merger closer to completion.
P/E Ratio Insights for Civitas Resources
Civitas Resources Inc. (NYSE: CIVI) has seen a 0.70% increase in its price, currently at $27.18, despite a 0.51% decrease over the past month and a 36.89% decrease over the past year. The company's P/E ratio is lower than the Oil, Gas & Consumable Fuels industry aggregate, suggesting it might be undervalued or simply performing worse than its peers. Investors are cautioned to consider the P/E ratio alongside other financial metrics and qualitative factors for a comprehensive analysis.
Civitas Resources Gains Antitrust Clearance for SM Energy Merger
Civitas Resources has received early termination of the Hart-Scott-Rodino Antitrust Improvements Act waiting period for its merger with SM Energy Company. This regulatory clearance removes a significant hurdle, advancing Civitas's expansion plans in the U.S. oil and gas market. The clearance reduces antitrust uncertainty and could accelerate Civitas's efforts to grow its operational footprint and competitive position.
Civitas Resources Receives Early Termination Notice for Merger
Civitas Resources (CIVI) announced the early termination of the waiting period for its merger with SM Energy. This early termination fulfills a key condition for the merger's closure, which aims to enhance operational synergies and performance. The merger remains subject to stockholder approval and other conditions.
Civitas Resources Approves New Executive Severance Plan
Civitas Resources (CIVI) has approved a new Executive Change in Control and Severance Plan, contingent on its merger with SM Energy Company. This amended plan includes a 30-month change in control protection period for some executives and revises severance calculations. Analysts currently rate CIVI as a Hold with a $29.00 price target, while TipRanks' AI Analyst, Spark, rates it as Outperform due to strong valuation and strategic initiatives.
Has Civitas Resources' (CIVI) Efficiency Drive Unlocked a New Competitive Edge?
Civitas Resources (CIVI) reported a 6% increase in third-quarter production and a 5% reduction in cash operating costs, showcasing improved efficiency. While this operational enhancement is positive, the pending merger with SM Energy is the primary factor influencing the stock's future. The article suggests that regulatory challenges in its core basins remain a significant risk for the company.
UBS Maintains Neutral Rating on Civitas Resources (CIVI) Following Operational Improvements
UBS has reiterated a Neutral rating and a $27 price target for Civitas Resources (CIVI) after the company reported strong Q3 2025 earnings. Civitas saw a 6% increase in overall output and a 5% reduction in cash operating costs, exceeding EPS consensus forecasts but slightly missing revenue expectations. The operational improvements suggest positive future prospects for the independent oil and gas company.
SM Energy And Civitas Resources Merger: Don't Judge A Book By Its Cover
The merger between SM Energy and Civitas Resources is rated a Strong Buy despite initial market disappointment, projecting significant debt reduction and $200 million in annual synergies. SM Energy is expected to benefit from increased scale, operational efficiencies, and substantial cost savings leading to potential 40% share price appreciation. Although short-term dividend cuts are anticipated, future dividend growth is expected once deleveraging goals are met.
Bronstein, Gewirtz & Grossman, LLC Encourages Civitas Resources, Inc. (CIVI) Shareholders to Inquire about Securities Investigation
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Civitas Resources, Inc. (NYSE:CIVI) who bought securities prior to February 27, 2024, and continue to hold them. The investigation focuses on whether Civitas and its officers engaged in corporate wrongdoing. Shareholders are encouraged to contact the firm for more information.
Piper Sandler downgrades Civitas Resources stock to Neutral on merger concerns
Piper Sandler downgraded Civitas Resources (NYSE:CIVI) from Overweight to Neutral, significantly reducing its price target to $27.00 from $47.00 due to concerns over its merger with SM Energy. The firm cited Civitas Resources' poorly timed and financed entry into the Permian Basin as a key challenge. Despite previously positive outlooks, Piper Sandler now recommends investors wait for better visibility on the crude cycle before investing in Civitas.
SM ENERGY ANNOUNCES ADDITIONAL DETAILS ON PLANNED MERGER WITH CIVITAS AND PARTICIPATION IN UPCOMING INVESTOR CONFERENCES
SM Energy Company and Civitas Resources, Inc. announced additional details regarding their planned merger, including the post-transaction management team and board of directors, and a target of over $1.0 billion in divestitures. The companies anticipate achieving $200 million in annual synergies, with potential for $300 million, enhancing stockholder value and accelerating deleveraging. SM Energy also announced its participation in several upcoming investor conferences in November and December 2025.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Civitas Resources, Inc. (CIVI) And Encourages Shareholders to Connect
Bronstein, Gewirtz & Grossman, LLC has initiated an investigation into potential claims against Civitas Resources, Inc. (NYSE:CIVI) regarding corporate wrongdoing. The firm encourages shareholders who purchased Civitas securities before February 27, 2024, and continue to hold them, to contact them for more information and to assist in the investigation. The investigation focuses on the conduct of Civitas's officers and/or directors.
Civitas Resources Reports Strong Third Quarter 2025 Financial and Operating Results
Civitas Resources reported strong third-quarter 2025 financial and operating results, exceeding expectations with higher production and lower cash operating expenses. The company achieved a net income of $177 million and an Adjusted Free Cash Flow of $254 million. Amidst a pending merger with SM Energy, Civitas has discontinued providing future guidance, but its board approved a quarterly dividend of $0.50 per share.
Civitas Resources boosts production, lowers costs ahead of SM Energy merger
Civitas Resources Inc. reported strong third-quarter 2025 financial and operating results, showing increased production and reduced costs. This performance comes ahead of its announced merger with SM Energy, which is set to create a major U.S. independent oil and gas producer. The company achieved a net income of $177 million and significantly boosted production volumes in both the Permian and DJ basins.
Civitas Resources boosts production, lowers costs ahead of SM Energy merger
Civitas Resources Inc. reported strong Q3 2025 financial and operating results, exceeding internal forecasts with increased production and reduced costs. The company achieved a net income of $177 million and generated $860 million in operating cash flow, with oil and total production volumes rising significantly. These results come as Civitas prepares for its merger with SM Energy, aiming to create a major independent U.S. oil and gas producer.
SM ENERGY AND CIVITAS RESOURCES TO COMBINE IN $12.8 BILLION TRANSFORMATIONAL COMBINATION DELIVERING SUPERIOR STOCKHOLDER VALUE
SM Energy Company and Civitas Resources, Inc. announced an all-stock merger valued at approximately $12.8 billion. The combined company will create a leading independent oil-focused producer with a premier portfolio across U.S. shale basins, aiming to generate over $1.4 billion in free cash flow and deliver approximately $200 million in annual synergies. This combination seeks to enhance stockholder value through scale, increased free cash flow, and sustained capital returns, with a focus on debt reduction and a stable dividend.
Civitas Resources, Inc. Schedules Third Quarter 2025 Conference Call and Webcast
Civitas Resources, Inc. announced its plans to release third quarter 2025 operating and financial results after market close on Thursday, November 6, 2025. A conference call and webcast are scheduled for Friday, November 7, 2025, at 7:00 a.m. MT (9:00 a.m. ET). Details for accessing the call and webcast are provided for investors.
Civitas Resources Publishes 2025 Corporate Sustainability Report
Civitas Resources, Inc. published its 2025 Corporate Sustainability Report, detailing significant progress in sustainability initiatives, including a 5.7% reduction in Scope 1 greenhouse gas emissions and a commitment to expand carbon neutrality to its Permian Basin assets by 2026. The report highlights continued strong safety performance, reaffirmed pneumatic reduction targets, and new voluntary initiatives like expanded emissions monitoring and plugging orphan wells. Civitas aims to disrupt energy for good by delivering on its mission through these environmental and safety advancements.
Discipline and Rules-Based Execution in CIVI Response
This article provides an in-depth AI-driven analysis for Civitas Resources Inc. (NASDAQ: CIVI), highlighting a weak sentiment across all horizons and suggesting a short bias due to a mid-channel oscillation pattern. It outlines three distinct institutional trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels, emphasizing an exceptional risk-reward setup targeting a 28.4% gain versus a 0.3% risk. The analysis also includes multi-timeframe signal analysis, showing weak signals across near-term, mid-term, and long-term horizons, and provides current signals for positioning and risk parameters.
Civitas Resources: Potential Merger With SM Energy May Lead To A Stock Decline (NYSE:CIVI) - Seeking Alpha
Civitas Resources faces a challenging outlook due to increasing net debt, declining earnings, and a proposed merger with SM Energy without any acquisition premium. The author suggests this merger with a financially weaker peer will introduce further risks for CIVI shareholders and is unlikely to yield significant synergies or improved dividends. Given these concerns, the author recommends selling CIVI to capture any remaining value.
Civitas Resources Inc. Schedules Third Quarter 2025 Conference Call and Webcast - MarketScreener
Civitas Resources, Inc. announced its plans to release third-quarter 2025 operating and financial results after market close on Thursday, November 6, 2025. A conference call and webcast are scheduled for Friday, November 7, 2025, to discuss these results. The company, an independent exploration and production firm, focuses on crude oil and natural gas development in the Permian and DJ Basins.
Civitas Resources jumps on report it's exploring a possible sale (CIVI:NYSE)
Civitas Resources (CIVI) stock gained 2.2% following a report that the oil and gas explorer is considering a possible sale. The company is reportedly working with advisers to evaluate a deal with similarly sized or larger competitors.
Civitas Resources, Inc. (NYSE:CIVI) Surges 28% Yet Its Low P/E Is No Reason For Excitement
Civitas Resources (NYSE:CIVI) recently saw its share price surge by 28%, yet its low P/E ratio of 4.5x is identified as a potential warning sign rather than a cause for excitement. The company's earnings have declined by 9.0% over the last year and 29% over the past three years, with future EPS growth projected to be weaker than the broader market. This suggests that the low P/E reflects investor concerns about limited future growth potential, despite the recent price jump.
Civitas Resources, Inc. Announces Pricing of Upsized Offering of $750 Million of New Senior Notes Due 2033
Civitas Resources, Inc. announced the pricing of an upsized private offering of $750 million aggregate principal amount of 9.625% senior notes due 2033, exceeding its initial offering size of $500 million. Vinson & Elkins served as initial purchasers’ counsel for the offering, which priced on May 29, 2025, and is expected to close on June 3, 2025. The Vinson & Elkins corporate team was led by partners Thomas Zentner and David Stone.
President & COO of Civitas Resources Picks Up 53% More Stock
Civitas Resources' President & COO, Clayton Carrell, recently purchased US$875k worth of company stock, increasing his holding by 53%. This significant insider buying activity, along with other insider purchases over the last year, indicates optimism about the company's future, despite the purchase price being lower than the current stock price. Insiders collectively own 0.4% of Civitas Resources shares, suggesting alignment with smaller shareholders.
Civitas: Q3 Earnings Snapshot
Civitas Resources, Inc. reported third-quarter net income of $139.7 million, or $1.56 per share, which was below analyst expectations of $2.55 per share. However, the company's revenue of $1.04 billion surpassed Street forecasts. The data for this report was generated by Automated Insights using information from Zacks Investment Research.
Civitas Resources Announces Third Quarter 2023 Results
Civitas Resources announced solid third-quarter 2023 financial and operating results, including average daily sales volumes of 235.3 MBoe/d and GAAP net income of $139.7 million. The company declared a fixed-plus-variable dividend of $1.59 per share and is on track to close the Vencer Energy acquisition in January 2024. Civitas also updated its 2023 outlook, increasing the mid-point of its production guidance and adjusting capital expenditure guidance.
Watkins Advises Vencer Energy in Its Sale of Assets to Civitas for US$2.15 Billion
Latham & Watkins advised Vencer Energy in its agreement to sell assets to Civitas Resources, Inc. for US$2.15 billion. The transaction involves oil and gas properties in Texas and is expected to close in early 2024. A multidisciplinary Latham & Watkins team, led by Houston partners James Garrett, Michael King, and John Greer, represented Vencer Energy in the deal.
Denver oil company Civitas Resources enters Permian Basin with $4.7B in acquisitions
Denver-based oil and gas company Civitas Resources is expanding into the Permian Basin in Texas and New Mexico through two major acquisitions totaling $4.7 billion. This strategic move aims to scale up the company's operations and geographic reach.
Civitas Resources Selects Iconic Air as System of Intelligence for Emissions Reporting
Civitas Resources, Inc. (NYSE:CIVI) has partnered with Iconic Air to implement its Emissions Intelligence™ platform. This collaboration aims to enhance emissions management and ESG performance reporting, supporting Civitas' commitment to achieving carbon neutrality in scope 1 and 2 emissions through accurate measurement and reduction of operational emissions. The initiative underscores Civitas' dedication to environmental leadership and investment in certified voluntary carbon offsets.
