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Listen "Started From the Bottom – Merger of SM Energy and Civitas Resources Will Propel Them Higher"
Episode Synopsis
Two Denver-based E&Ps that each started out small but quickly expanded through a series of acquisitions will now combine to form one of the nation’s larger crude-oil-focused producers. With the planned merger of SM Energy and Civitas Resources, the pro forma company will be a significant player in the Permian, South Texas, the Denver-Julesburg and the Uinta. In today’s RBN blog, we’ll discuss the planned combination and the E&Ps’ rationale for it.
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