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SM Energy’s Civitas Merger Is Paying Off, But the Stock’s Run Raises the Bar

Source: Nasdaq

Energy Markets & PricesM&A & RestructuringCorporate EarningsCompany Fundamentals

SM Energy completed a transformational merger early in the year, followed by a sharp increase in second-quarter profits amid strong conditions in the oil sector. The company’s stock has doubled year to date, reflecting investor enthusiasm for its improved scale and earnings trajectory.

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