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MarketBeat
MarketBeat
Business
Peter Frank

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

The oil patch is enjoying big profits these days, and SM Energy (NYSE: SM) has timed it perfectly.

The Denver-based company closed a transformational merger early this year, profits soared in the second quarter, and the stock has doubled since the start of the year.

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