Civitas Resources to be Sold to SM Energy with 1.45 Shares per Shareholder
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2026
0mins
Source: PRnewswire
- Transaction Investigation: Former Louisiana Attorney General Charles C. Foti and his law firm are investigating Civitas Resources' proposed sale to SM Energy, where shareholders would receive 1.45 shares of SM Energy stock for each share of Civitas, aiming to assess whether this valuation is adequate.
- Shareholder Rights Concern: KSF is seeking to confirm the fairness of the transaction process, ensuring that Civitas shareholders' rights are protected, which could impact shareholder acceptance of the deal.
- Legal Consultation Services: KSF offers no-obligation legal consultations, encouraging shareholders who believe the transaction undervalues the company to reach out, demonstrating a commitment to shareholder rights.
- Market Reaction Anticipation: This investigation may lead to fluctuations in Civitas Resources' stock price, affecting investor confidence and the transparency of future transactions.
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Analyst Views on CIVI
Wall Street analysts forecast CIVI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CIVI is 35.00 USD with a low forecast of 27.00 USD and a high forecast of 55.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
2 Buy
9 Hold
0 Sell
Hold
Current: 27.760
Low
27.00
Averages
35.00
High
55.00
Current: 27.760
Low
27.00
Averages
35.00
High
55.00
About CIVI
Civitas Resources, Inc. is an independent exploration and production company. It is focused on the acquisition, development and production of crude oil and liquids-rich natural gas from its premier assets in the Permian Basin in Texas and New Mexico and the DJ Basin in Colorado. Its development facilities are in Southeastern New Mexico and West Texas, and in counties across the Front Range of northern and central Colorado. Its DJ Basin assets are comprised of over 274,400 net acres located in Weld, Arapahoe, Adams, and Boulder counties, Colorado. Its operations in the DJ Basin target the Niobrara and Codell formations. Its Permian Basin assets are comprised of over 120,400 net acres located in Upton, Reagan, Glasscock, Martin, Midland, Reeves, and Loving counties, Texas and Eddy and Lea counties, New Mexico. Its operations in the Permian Basin primarily target the Spraberry and Wolfcamp formations of the Midland Basin and the Wolfcamp and Bone Spring formations of the Delaware Basin.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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