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Stock impact report

Civitas Resources: Upgrading To Buy On Transformational Merger With SM Energy [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 merger targets $200–$300M in annual synergies, debt reduction to 1.0x leverage by 2027, and operational scale benefits. Risks include geographic dispersion, limited operational overlap, inventory quality concerns, and reduced dividends for CIVI shareholders. I upgrade both CIVI and SM to 'Buy,' citing strategic scale, cost optimization, and improved financial outlook post-merger. zhengzaishuru/iStock via Getty Images Investment thesis Following my most recent publication on Civitas Resources ( CIVI ), in which I recommended a "Sell," the stock price has shown modest growth of +3.5%. At the same time, the stock initially declined in value until the market This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (o Show less Read more
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