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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Civitas Resources
Civitas Resources (CIVI) investor relations material
Civitas Resources has been acquired by SM Energy Company
Civitas Resources EGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.EGM 2026 summary27 Jan, 2026
Opening remarks and agenda
Chairperson welcomed attendees and called the virtual special meeting to order, introducing key officers and the Inspector of Elections.
The meeting was conducted according to a pre-distributed agenda and rules of conduct, with procedures for submitting questions outlined.
Specific resolutions to be voted on
Two proposals were presented: approval of the merger proposal and approval of the compensation proposal.
Both proposals were recommended for approval by the board of directors.
Corporate governance
Quorum was established with 82.9% of outstanding shares represented, ensuring the meeting was properly convened.
Inspector of Elections was appointed and sworn in, with all procedural documents to be filed with the meeting minutes.
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Latest events from Civitas Resources
- SM Energy and Civitas to merge in an all-stock deal, creating a leading shale operator.CIVI
Proxy Filing - Board recommends all proposals as company targets carbon neutrality and robust shareholder returns.CIVIProxy Filing
- Virtual meeting to elect directors, ratify auditor, and hold say-on-pay vote June 4, 2025.CIVIProxy Filing
- Q2 net income hit $216M, capex fell, and a $500M buyback was approved.CIVIQ2 2024
- Q3 2024 saw strong earnings, rising production, and $227M returned to shareholders.CIVIQ3 2024
- All board proposals passed, directors elected, and no stockholder questions were raised.CIVIAGM 2024
- Q1 2025 net income was $186M, with strong free cash flow and a $100M+ cost savings plan.CIVIQ1 2025
- 2025 targets $1.1B free cash flow, $800M debt reduction, and continued portfolio growth.CIVIQ4 2024
- Board elections, auditor ratification, and executive pay all approved; no shareholder questions.CIVIAGM 2025
Civitas Resources
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Frequently asked questions
Civitas Resources Inc. is an independent oil and natural gas exploration and production company. The company focuses on developing and producing energy resources primarily within the Denver-Julesburg Basin, located in Colorado. Its activities include exploration, development, and production of hydrocarbons to serve energy markets. The company is headquartered in Denver, Colorado, and its shares are listed on the NYSE.