Acquiring Company
SM Energy Company
Acquired Company
Civitas Resources
Description
SM Energy Company and Civitas Resources, Inc. have announced additional details regarding their planned merger. The merger aims to create synergies worth $200 million to $300 million annually and includes a targeted divestiture program exceeding $1 billion. Upon completion, the combined leadership team and Board of Directors will include representatives from both companies.
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Based on deal dataFrequently asked
Who acquired Civitas Resources?
Civitas Resources was acquired by SM Energy Company, based in Denver. The deal was reported on November 18, 2025. SM Energy Company is an independent energy company engaged in the acquisition, exploration, development, and production of oil, gas, and NGLs in the state of Texas. SM Energy Company is publicly traded (SM) and operates in Energy.
When did SM Energy Company acquire Civitas Resources?
SM Energy Company's acquisition of Civitas Resources was reported on November 18, 2025. SM Energy Company and Civitas Resources, Inc. have announced additional details regarding their planned merger. The merger aims to create synergies worth $200 million to $300 million annually and includes a targeted divestiture program exceeding $1 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Civitas Resources do?
Civitas Resources, Inc. is Colorado’s first carbon neutral oil & gas producer and is focused on developing and producing crude oil, natural gas and natural gas liquids in Colorado’s Denver-Julesburg Basin. It is privately held, operating in Energy, and is based in Denver.
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