Civitas Resources Inc.

Civitas Resources Inc. today reported its first quarter 2024 financial and operating results. A webcast and conference call is planned for 9 a.m. MT on Friday, May 3, 2024. Participation details are available in this release, and supplemental materials can be accessed on the Company's website, www.civitasresources.com. Key First Quarter 2024 Results Three Months Ended March 31, 2024 Net Income $175.8 Adjusted Net Income [...]

Civitas Resources Inc. , today announced that its Board of Directors approved a quarterly dividend of $1.50 per share, payable on June 26, 2024 to shareholders of record as of June 12, 2024. The amount reflects the combination of the base dividend of $0.50 per share and a variable dividend of $1.00 per share. Additional details regarding the calculation of the variable dividend can be found in the Company's latest [...]

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Civitas Resources Inc. , today announced plans to release its first quarter 2024 operating and financial results after market close on Thursday, May 2, 2024. A conference call and webcast is planned for 9 a.m. MT , on Friday, May 3, 2024. 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 Company's [...]

Civitas Resources Inc. , today announced the execution of a definitive agreement to repurchase approximately 876 thousand shares of its common stock at a price of $64.54 per share from NGP Tap Rock Holdings, LLC and certain of its affiliates . The transaction was approved by the Company's Board of Directors, and the repurchase is expected to close in early March 2024. Following the transaction, NGP will no longer own any [...]

Civitas Resources Inc. today reported its fourth quarter and full-year 2023 financial and operating results, as well as provided its 2024 outlook. A webcast and conference call to discuss the results is planned for 8:00 a.m. MT , February 28, 2024. Participation details are available in this release, and supplemental materials can be accessed on the Company's website, www.civitasresources.com. Fourth Quarter 2023 [...]

Civitas Resources Inc. , today announced plans to release its fourth quarter 2023 operating and financial results and its 2024 outlook after market close on Tuesday, February 27, 2024. A conference call and webcast is planned for 8 a.m. MT , on Wednesday, February 28, 2024. 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 [...]

Civitas Resources Inc. today announced that Brad Whitmarsh has joined Civitas as Vice President, Investor Relations. Mr. Whitmarsh will report to Chief Financial Officer Marianella Foschi and will serve as the primary liaison between the Company and the investment community. Mr. Whitmarsh joins Civitas with more than 20 years of leadership experience in the oil and gas industry. Prior to Civitas, Mr. Whitmarsh most [...]

Civitas Resources Inc. today announced the closing of its previously announced acquisition of certain oil and gas assets in the Midland basin in Texas from Vencer Energy, LLC , a Vitol investment. Under the terms of the agreement, Civitas issued Vencer 7,181,527 shares of common stock and $1 billion of cash. A $550 million deferred cash payment is due to Vencer on January 3, 2025. Civitas currently plans to use cash on [...]