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Stock impact report

Civitas Resources: The Merger Gets A Green Light On My Part [Seeking Alpha]

Civitas Resources, Inc. (CIVI) 
Last civitas resources, inc. earnings: 8/7 04:15 pm Check Earnings Report
US:NYSE Investor Relations: civitas-solutions.com/investor-relations
Company Research Source: Seeking Alpha
CIVI trades at a P/E of 4.19 and EV/EBITDA of 2.24, with a staggering 36.5% FCF yield, reflecting deep value. The SM Energy merger targets $200–$300M in annual synergies, $1.4B+ FCF, and potential credit rating upgrades but raises leverage to 1.5x net debt/EBITDA. Dividend yield will drop to 3.8–4.2% post-merger, with near-term focus on debt reduction and asset sales to enhance the balance sheet. David McNew/Getty Images News Introduction It has been a while since I last reviewed another of my strongest conviction picks in the energy industry, Civitas Resources ( CIVI Since mid-August , the company has been through a transformative period This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in CIVI over the next 72 hours. I wrote this article myself, a Show less Read more
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