Value-Enhancing Scale Premier portfolio across the highest-return U.S. shale basins drives significant free cash flow and enhanced stockholder value Pro forma second quarter of 2025 production totaled 526 MBoe/d Pro forma full-year 2025 consensus free cash flow of more than $1.4 billion Step-change in free cash flow supports sustained return of capital Value-Driven Synergies Proven management and a world-class technical [...]
Civitas Resources Inc. , today announced plans to release its third quarter 2025 operating and financial results after market close on Thursday, November 6, 2025. A conference call and webcast are planned for 7:00 a.m. MT on Friday, November 7, 2025. The dial-in number for the call is 888-510-2535, with passcode 4872770. A live webcast and replay of this event will be available on the Investor Relations section of the [...]
Civitas Resources Inc. today announced that its Board of Directors has authorized reinstating a capital allocation strategy prioritizing both peer-leading return of capital to shareholders and ongoing debt reduction. Future free cash flow, after paying the Company's $2 per share annual base dividend, is expected to be allocated equally to share repurchases and debt reduction on an annual basis. In support of the capital [...]
Civitas Resources Inc. announced today that Wouter van Kempen, the current Chair of the Civitas Board of Directors has been named Interim Chief Executive Officer, succeeding Chris Doyle, who is departing the Company. The Board is executing its leadership succession plan to identify the Company's next permanent CEO. Van Kempen has over 20 years of leadership experience in the energy industry and deep familiarity with the [...]
Civitas Resources Inc. today published its 2025 Corporate Sustainability Report, providing transparency around the Company's sustainability initiatives, targets, and progress toward stated goals. Chris Doyle, CEO, stated, "Civitas continues to make significant progress as an operator committed to sustainability. As a result of numerous successful operational initiatives in 2024, company-wide emissions have further [...]
Civitas Resources Inc. , today announced plans to release its second quarter 2025 operating and financial results after market close on Wednesday, August 6, 2025. A conference call and webcast are planned for 6:00 a.m. MT on Thursday, August 7, 2025. The dial-in number for the call is 888-510-2535, with passcode 4872770. A live webcast and replay of this event will be available on the Investor Relations section of the [...]
Pomerantz LLP announces that a class action lawsuit has been filed against Civitas Resources Inc. and certain officers. The class action, filed in the United States District Court for the District of New Jersey, and docketed under 25-cv- 03791, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Civitas securities between February 27, 2024 and February [...]
Pomerantz LLP announces that a class action lawsuit has been filed against Civitas Resources Inc. and certain officers. The class action, filed in the United States District Court for the District of New Jersey, and docketed under 25-cv- 03791, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Civitas securities between February 27, 2024 and February [...]
Pomerantz LLP announces that a class action lawsuit has been filed against Civitas Resources Inc. and certain officers. The class action, filed in the United States District Court for the District of New Jersey, and docketed under 25-cv- 03791, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Civitas securities between February 27, 2024 and February [...]
Pomerantz LLP announces that a class action lawsuit has been filed against Civitas Resources Inc. and certain officers. The class action, filed in the United States District Court for the District of New Jersey, and docketed under 25-cv- 03791, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Civitas securities between February 27, 2024 and February [...]
Civitas Resources Inc. today announced that it has priced an upsized private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended , of $750 million in aggregate principal amount of new 9.625% senior notes due 2033 at par. The Offering is expected to close on June 3, 2025, subject to the satisfaction of customary closing conditions. The Company expects to use the net [...]