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M&AMay 22, 2026Positive

SM Energy amends change of control severance agreement post-Civitas merger

SM Energy amended its change of control executive severance agreement effective January 30, 2026, following completion of the Civitas Resources merger, increasing severance multipliers from 2.5x to 3.0x for certain executives. The move ensures executive retention and competitive

View filing at SEC.gov →

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