Civitas Resources, Inc. (CIVI) is among the 10 cheapest oil and gas stocks to invest in. Analysts reaffirmed a Hold rating and $29 price target, indicating 12.5% upside. The company met a regulatory requirement for its merger with SM Energy, enhancing its competitive position in the U.S. oil and gas sector.

Analysts previously noted limited upside in CIVI due to the pending merger with SM Energy. Civitas Resources focuses on oil and natural gas production, development, and acquisition. Founded in 2010, it is based in Denver, Colorado.

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Read more at Yahoo Finance: Could Civitas Resources (CIVI) Finally Take Off After Regulatory Clarity?