SM Energy completed its all-stock merger with Civitas Resources on January 30, 2026, forming a combined company valued at about $12.8 billion. The merger unlocks $375 million in annual synergies and diversifies SM Energy's high-margin asset base, positioning it as a top-10 independent oil producer in the US. The company plans to use 80% of free cash flow to reduce debt, aiming to shift to share buybacks as leverage approaches 1x, which could drive significant value creation. With shares trading near a conservative valuation of around $28, the base case target price is about $37 if oil prices hold in the mid-$60s and deleveraging continues.
Trump Media and Technology Group launched a paid data service called "Truth API" on August 1, offering firms real-time, licensed access to market-moving posts on Truth Social, including those from President Donald Trump. The service aims to monetize ...
Madison Square Garden Entertainment is shifting focus to earnings growth driven by operational improvements and event monetization. Key catalysts include the Harry Styles residency and an expanded Christmas Spectacular, expected to push fiscal 2027 r...
First Phosphate Corp.'s Bégin-Lamarche project in Quebec has been selected for a new fast-track permitting process aimed at accelerating approvals for key resource projects. This rare igneous phosphate deposit is strategically important for producing...
TNR Gold is approaching its first royalty payment following the start of production at the Mariana lithium project in Argentina by Ganfeng Lithium. This milestone marks TNR Gold's transition from a project generation company to a royalty-generating c...
Rolls-Royce's civil aerospace segment faces challenges from Middle East conflicts, causing volatile jet fuel prices and fewer flights, which may impact revenues in late 2026. However, the company benefits from increased maintenance visits, contract m...
