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The latest update is out from Civitas Resources ( (CIVI) ).
On November 2, 2025, Civitas Resources agreed to be acquired by SM Energy in a two-step merger that would first make Civitas a wholly owned SM subsidiary and then fold it into SM Energy, and on December 5, 2025 SM filed a registration statement that became effective on December 19, 2025, leading to the issuance of a joint proxy statement/prospectus in late December. Since that filing, two Civitas stockholders have brought lawsuits in New York in early January 2026 and several others have sent demand letters alleging disclosure deficiencies in the merger materials and seeking to block or unwind the transaction or obtain damages, prompting Civitas—while denying any wrongdoing or need for further disclosure—to issue supplemental financial and background information on the deal and its projections in order to reduce litigation risk and avoid delays to shareholder votes scheduled for January 27, 2026.
The most recent analyst rating on (CIVI) stock is a Hold with a $29.00 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.
Civitas Resources scores well due to its strong valuation and positive corporate events, particularly the merger with SM Energy. Financial performance is solid but faces challenges with revenue decline and increased leverage. Technical analysis indicates bearish momentum, which slightly offsets the overall positive outlook.
To see Spark’s full report on CIVI stock, click here.
More about Civitas Resources
Civitas Resources, Inc. is an independent oil and gas producer focused on upstream exploration and production, with assets including DJ Basin properties and a broader portfolio whose value is assessed using production, EBITDA, capital expenditure and free cash flow projections under various commodity price scenarios.
Average Trading Volume: 1,612,798
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.25B
For detailed information about CIVI stock, go to TipRanks’ Stock Analysis page.