Civitas Resources Inc. has completed its merger with SM Energy. As part of the transaction, each share of Civitas common stock was converted into the right to receive 1.45 shares of SM Energy common stock, with certain exceptions for cancelled shares. In connection with the merger, Civitas also terminated all commitments and repaid in full all obligations under its existing credit agreement. Outstanding Civitas restricted stock unit awards were assumed by SM Energy and converted into awards tied to SM Energy common stock.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Civitas Resources Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-008521), on January 30, 2026, and is solely responsible for the information contained therein.