Gibson Dunn Advised SM Energy on $12.8 Billion Merger with Civitas Resources
Firm News | November 4, 2025
Gibson Dunn advised SM Energy Company on its definitive, all-stock merger agreement with Civitas Resources, Inc. The combined company’s enterprise value will be approximately $12.8 billion.
Our corporate team was led by partner Jeffrey Chapman and included partners Jonathan Whalen and Robyn Zolman and associates Jonathan Sapp, Alisa Balderas, Caroline Bakewell, and Muriel Hague. Partners Rahul Vashi and Adam Whitehouse advised on oil and gas aspects; partner Doug Rayburn on financing; partner Michael Cannon on tax; partner Sophia Hansell on antitrust aspects; and partner Krista Hanvey on benefits.