{"id":904499,"date":"2025-11-03T13:35:53","date_gmt":"2025-11-03T18:35:53","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/civi-alert-monsey-firm-of-wohl-fruchter-investigating-fairness-of-the-proposed-sale-of-civitas-resources-to-sm-energy\/"},"modified":"2025-11-03T13:35:53","modified_gmt":"2025-11-03T18:35:53","slug":"civi-alert-monsey-firm-of-wohl-fruchter-investigating-fairness-of-the-proposed-sale-of-civitas-resources-to-sm-energy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/civi-alert-monsey-firm-of-wohl-fruchter-investigating-fairness-of-the-proposed-sale-of-civitas-resources-to-sm-energy\/","title":{"rendered":"CIVI Alert: Monsey Firm of Wohl & Fruchter Investigating Fairness of the Proposed Sale of Civitas Resources to SM Energy"},"content":{"rendered":"
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MONSEY, N.Y., Nov. 03, 2025 (GLOBE NEWSWIRE) — The law firm of Wohl & Fruchter LLP is investigating the fairness of the proposed sale of Civitas Resources Inc. (NYSE: CIVI) (\u201cCivitas\u201d) to SM Energy Company (NYSE: SM) pursuant to which Civitas shareholders will receive 1.45 SM shares for each Civitas share held at closing, for an implied sale price of $30.29 per share, based on the closing price of SM as of October 31, 2025.<\/p>\n

The stock price of SM, however, has fallen since the deal was announced, thus reducing the value of the consideration to Civitas stockholders.<\/p>\n

Moreover, the implied sale price of $30.29 per share is well below the price targets for Civitas of multiple Wall Street analysts, as per the list below (source: TipRanks).<\/p>\n

Finally, the implied sale price is well below Civitas\u2019s 52-week high of $55.35 per share, which suggests an opportunistic purchase.<\/p>\n

If you remain a Civitas shareholder and have concerns about the fairness of the proposed merger, you may contact our firm at the following link to discuss your legal rights at no charge:<\/p>\n

\n https:\/\/wohlfruchter.com\/cases\/civitas-resources\/<\/a>\n <\/p>\n

Alternatively, you may contact us by phone at 866-833-6245, or via email at alerts@wohlfruchter.com<\/a>.<\/p>\n

\n Why is there an investigation?<\/strong>\n <\/p>\n

On November 3, 2025, Civitas announced that it had agreed to be sold to SM Energy in a transaction pursuant to which Civitas shareholders will receive 1.45 SM shares for each Civitas share held at closing, for an implied sale price of $30.29 per share, based on the closing price of SM as of October 31, 2025.<\/p>\n

The stock price of SM, however, has fallen since the deal was announced, thus reducing the value of the consideration to Civitas stockholders.<\/p>\n

Moreover, the implied sale price of $30.29 per share is well below the price targets for Civitas of multiple Wall Street analysts (source: TipRanks), including:<\/p>\n