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Stock impact report

SM Energy And Civitas Resources: The Down And Dirty On The Proposed Merger [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
The combined company targets $300 million in cost reductions and aims for 1x net leverage by year-end 2027 at $65 WTI, focusing on free cash flow and debt reduction. Risks include limited inventory life and smaller scale compared to Exxon and Chevron, but operational synergies and recent integration successes support the merger's logic. Despite a reduced dividend, both SM and CIVI remain attractive buys at current levels, with ample liquidity and upside potential if execution meets projections. dmphoto/E+ via Getty Images Introduction The announcement of the all-stock merger of Civitas Resources, Inc. CIVI ) and SM Energy Company SM ) took no one by surprise. In fact, since news broke last More on my IG service The Daily Drilling Report This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of CIVI, SM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opin Show less Read more
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