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The latest update is out from Civitas Resources ( (CIVI) ).
On January 30, 2026, Civitas Resources completed its merger with SM Energy under a previously agreed merger agreement, resulting in each outstanding share of Civitas common stock (other than certain cancelled shares and treasury stock) being converted into the right to receive 1.45 shares of SM Energy common stock. In connection with the deal, SM Energy assumed all outstanding Civitas equity awards—restricted stock units, performance stock units and stock options—adjusting them into SM Energy equity instruments based on the same 1.45 exchange ratio and preserving their existing terms other than performance conditions for the PSU awards. Following completion of the transaction, Civitas common stock was delisted from the New York Stock Exchange and deregistered under the Exchange Act, with trading in Civitas shares ceasing prior to the market open on January 30, 2026, and Civitas indicating it will seek suspension of its reporting obligations. As a result of the first-step merger, all Civitas directors and officers terminated their roles without any stated disagreements over operations or policies, while SM Energy’s pre‑existing certificate of incorporation and by-laws remained in place as the governing documents of the surviving corporation, consolidating control and simplifying the combined entity’s corporate structure for shareholders and regulators.
The most recent analyst rating on (CIVI) stock is a Hold with a $27.00 price target. To see the full list of analyst forecasts on Civitas Resources stock, see the CIVI Stock Forecast page.
Spark’s Take on CIVI Stock
According to Spark, TipRanks’ AI Analyst, CIVI is a Outperform.
The score is driven primarily by strong financial performance (especially cash flow strength) and very compelling valuation (low P/E and high dividend yield). Offsetting these positives are mixed technical signals with a weaker medium-term trend, plus merger-related execution and legal overhang despite clear progress toward closing.
To see Spark’s full report on CIVI stock, click here.
More about Civitas Resources
Average Trading Volume: 1,927,897
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.37B
For detailed information about CIVI stock, go to TipRanks’ Stock Analysis page.