Civitas Resources Completes Merger with SM Energy, Delists from NYSE

summarizeSummary

Civitas Resources, Inc. has completed its merger with SM Energy Company, resulting in the delisting of Civitas's common stock from the NYSE and the conversion of its shares into SM Energy stock.

check_boxKey Events

• Merger Consummated

  The merger between Civitas Resources, Inc. and SM Energy Company was officially consummated on January 30, 2026, with Civitas surviving as a wholly-owned subsidiary of SM Energy before merging into SM Energy.

• Stock Delisted from NYSE

  Civitas Common Stock ceased trading and was delisted from the New York Stock Exchange on January 30, 2026, with a Form 25-NSE filed with the SEC for removal from listing.

• Share Conversion Completed

  Each outstanding share of Civitas Common Stock was converted into the right to receive 1.45 shares of SM Energy Common Stock.

• Credit Agreement Terminated

  The Civitas Credit Agreement was terminated, and all related indebtedness and obligations were repaid in full concurrently with the merger.

auto_awesomeAnalysis

This filing marks the definitive completion of the merger between Civitas Resources and SM Energy Company, a highly significant event that fundamentally alters Civitas's corporate structure and market presence. As a result, Civitas Resources ceases to exist as an independent public entity, with its common stock delisted from the New York Stock Exchange. Shareholders of Civitas Resources have had their shares converted into SM Energy Common Stock, and all prior directors and officers of Civitas have ceased their roles. This finalizes the major corporate transaction that has been in process, as indicated by previous filings regarding shareholder approvals and supplemental disclosures.