SM Energy Merges with Civitas to Create US Top Ten Oil Producer
ByAinvest
Monday, Feb 2, 2026 6:47 am ET1min read
SM--
SM Energy has completed its all-stock merger with Civitas Resources, creating a combined entity valued at $12.8bn. The merged company will retain the name SM Energy and be headquartered in Denver, Colorado. Beth McDonald will serve as president and CEO, and Blake McKenna as executive vice-president and COO. The combined entity has a portfolio of around 823,000 net acres with a significant focus on the Permian Basin, and aims to provide sustained capital returns and broaden its investment appeal through increased market capitalization and liquidity.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
ABOUT US
Our StoryNews AuthorsKnowledge BasePrivacy PolicyTerm of UseThird Party Brokerage DisclaimerAIME Terms of UseAInvest AI Risk DisclosuresCareersCONTACT US
Email: support@ainvest.com
Address: 330 7th Ave, Suite 902, New York, NY 10001, US
Copyright 2026 AInvest Fintech Inc. All rights reserved.
Comments
No comments yet