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Civitas Resources, Inc. Common Stock (CIVI)

50.35
0.00 (0.00%)

Civitas Resources Inc is an independent energy company focused on the exploration, development, and production of oil and natural gas resources, primarily operating in key regions within the United States

The company emphasizes sustainable practices and strives to optimize its resource base through innovative technology and operational efficiency. By leveraging its expertise in geosciences and engineering, Civitas aims to deliver value to its shareholders while maintaining a commitment to environmental stewardship and responsible resource management.

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Civitas Resources, Inc. Updates its Fourth Quarter 2024 Results and 2025 Outlook Conference Call and Webcast Schedule
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), today announced an updated time for its upcoming conference call and webcast on Tuesday, February 25. Due to scheduling conflicts, Civitas now plans to host its conference call and webcast at 6:30 a.m. MT (8:30 a.m. ET), on Tuesday, February 25, 2025. The dial-in number for the call remains 888-510-2535, with passcode 4872770, and a live webcast and replay of this event will be available on the Investor Relations section of the Company’s website at www.civitasresources.com. Civitas intends to release its fourth quarter 2024 operating and financial results and provide its 2025 outlook after market close on Monday, February 24, 2025.
By Civitas Resources, Inc. · Via Business Wire · February 4, 2025
Civitas Resources, Inc. Schedules Fourth Quarter 2024 Results and 2025 Outlook Conference Call and Webcast
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”) today announced plans to release its fourth quarter 2024 operating and financial results and provide its 2025 outlook after market close on Monday, February 24, 2025. A conference call and webcast are planned for 7 a.m. MT (9 a.m. ET), on Tuesday, February 25, 2025. The dial-in number for the call is 888-510-2535, with passcode 4872770.
By Civitas Resources, Inc. · Via Business Wire · January 21, 2025
Civitas Resources, Inc. Declares Quarterly Cash Dividend
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), today announced that its Board of Directors approved a quarterly dividend of $0.50 per share, payable on December 27, 2024 to shareholders of record as of December 13, 2024.
By Civitas Resources, Inc. · Via Business Wire · November 7, 2024
Civitas Resources, Inc. Reports Third Quarter 2024 Results
Civitas Resources, Inc. (NYSECIVI) (the "Company" or "Civitas") today reported its third quarter 2024 financial and operating results. A webcast and conference call is planned for 7 a.m. MT (9 a.m. ET) on Friday, November 8, 2024. Participation details are available in this release, and supplemental earnings materials can be accessed on the Company's website, www.civitasresources.com.
By Civitas Resources, Inc. · Via Business Wire · November 7, 2024
Civitas Resources, Inc. Schedules Third Quarter 2024 Conference Call and Webcast
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), today announced plans to release its third quarter 2024 operating and financial results after market close on Thursday, November 7, 2024. A conference call and webcast are planned for 7 a.m. MT (9 a.m. ET), on Friday, November 8, 2024. The dial-in number for the call is 888-510-2535, with passcode 4872770.
By Civitas Resources, Inc. · Via Business Wire · October 8, 2024
Civitas Resources Publishes 2024 Corporate Sustainability Report
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”) today published its 2024 Corporate Sustainability Report, providing transparency around the Company’s sustainability initiatives, targets, and progress toward stated goals. This is the first sustainability report following Civitas’ entry into the Permian Basin and includes a pathway for how the larger, more diversified company will achieve its updated targets.
By Civitas Resources, Inc. · Via Business Wire · August 8, 2024
Civitas Comments on Lowry Ranch CAP Approval
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), today announced that it has received approval by Colorado’s Energy and Carbon Management Commission of the Lowry Ranch Comprehensive Area Plan (“CAP”) within the Watkins area of the DJ Basin.
By Civitas Resources, Inc. · Via Business Wire · August 7, 2024
Civitas Resources Reports Second Quarter 2024 Results
Civitas Resources, Inc. (NYSECIVI) (the "Company" or "Civitas") today reported its second quarter 2024 financial and operating results. A webcast and conference call is planned for 9 a.m. MT (11 a.m. ET) on Friday, August 2, 2024. Participation details are available in this release, and supplemental materials can be accessed on the Company's website, www.civitasresources.com.
By Civitas Resources, Inc. · Via Business Wire · August 1, 2024
Civitas Resources, Inc. Declares Quarterly Cash Dividend
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), today announced that its Board of Directors approved a quarterly dividend of $1.52 per share, payable on September 26, 2024 to shareholders of record as of September 12, 2024. The amount reflects the combination of the base dividend of $0.50 per share and a variable dividend of $1.02 per share. Additional details regarding the calculation of the variable dividend can be found in the Company’s latest investor presentation located on its website.
By Civitas Resources, Inc. · Via Business Wire · August 1, 2024
Civitas Resources, Inc. Schedules Second Quarter 2024 Conference Call and Webcast
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), today announced plans to release its second quarter 2024 operating and financial results after market close on Thursday, August 1, 2024. A conference call and webcast are planned for 9 a.m. MT (11 a.m. ET), on Friday, August 2, 2024. The dial-in number for the call is 888-510-2535, with passcode 4872770.
By Civitas Resources, Inc. · Via Business Wire · July 3, 2024
Civitas Resources, Inc. Announces Pricing of Secondary Public Offering of Common Stock By An Affiliate of Canada Pension Plan Investment Board
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”) announced today the pricing of an underwritten public offering of an aggregate of 6,956,520 shares of its common stock (the “Offering”) by an affiliate of Canada Pension Plan Investment Board (the “Selling Stockholder”) at a price to the public of $73.80 per share. Civitas is not selling any shares of common stock in the Offering and will not receive any proceeds from any sale of shares by the Selling Stockholder. The Offering is expected to close on May 20, 2024, subject to customary closing conditions.
By Civitas Resources, Inc. · Via Business Wire · May 15, 2024
Civitas Resources, Inc. Announces Secondary Public Offering of Common Stock By An Affiliate of Canada Pension Plan Investment Board
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”) announced today the commencement of an underwritten public offering of an aggregate of 6,956,520 shares of its common stock (the “Offering”) by an affiliate of Canada Pension Plan Investment Board (the “Selling Stockholder”). Civitas is not selling any shares of common stock in the Offering and will not receive any proceeds from any sale of shares by the Selling Stockholder.
By Civitas Resources, Inc. · Via Business Wire · May 15, 2024
Civitas Resources, Inc. Announces Share Repurchase from Vitol
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), today announced the execution of a definitive agreement to repurchase approximately 1.04 million shares of its common stock from Vitol at a price of $72.00 per share, totaling $75 million. Civitas’ acquisition of certain oil and gas assets in the Permian Basin from Vencer Energy, LLC, a Vitol investment, closed on January 2, 2024, in exchange for approximately 7.2 million shares of Civitas stock along with $1.55 billion in cash ($1 billion paid at closing and a remaining $550 million payable on January 3, 2025). Along with other open market sales since the first of the year, the repurchase brings Vitol’s current equity position in Civitas to less than 2% of Civitas’ outstanding shares.
By Civitas Resources, Inc. · Via Business Wire · May 2, 2024
Civitas Resources Reports First Quarter 2024 Results
Civitas Resources, Inc. (NYSECIVI) (the "Company" or "Civitas") today reported its first quarter 2024 financial and operating results. A webcast and conference call is planned for 9 a.m. MT (11 a.m. ET) 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.
By Civitas Resources, Inc. · Via Business Wire · May 2, 2024
Civitas Resources, Inc. Declares Quarterly Cash Dividend
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), 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 investor presentation located on its website.
By Civitas Resources, Inc. · Via Business Wire · May 2, 2024
Civitas Resources, Inc. Schedules First Quarter 2024 Conference Call and Webcast
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), 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 (11 a.m. ET), on Friday, May 3, 2024. The dial-in number for the call is 888-510-2535, with passcode 4872770.
By Civitas Resources, Inc. · Via Business Wire · April 5, 2024
Civitas Resources, Inc. Announces Share Repurchase From NGP
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), 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 (“NGP”). 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 shares of Civitas. NGP’s original ownership in Civitas was established through Civitas’ mid-2023 acquisition of Tap Rock Resources, LLC.
By Civitas Resources, Inc. · Via Business Wire · February 27, 2024
Civitas Announces Fourth Quarter and Full-Year 2023 Results
Civitas Resources, Inc. (NYSECIVI) (the "Company" or "Civitas") 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 (10:00 a.m. ET), February 28, 2024. Participation details are available in this release, and supplemental materials can be accessed on the Company's website, www.civitasresources.com.
By Civitas Resources, Inc. · Via Business Wire · February 27, 2024
Civitas Resources, Inc. Schedules Year-end 2023 and 2024 Outlook Conference Call and Webcast
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), 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 (10 a.m. ET), on Wednesday, February 28, 2024. The dial-in number for the call is 888-510-2535, with passcode 4872770.
By Civitas Resources, Inc. · Via Business Wire · January 29, 2024
Civitas Resources Appoints Brad Whitmarsh to Lead Investor Relations Program
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”) 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.
By Civitas Resources, Inc. · Via Business Wire · January 9, 2024
Civitas Resources Closes Acquisition of Vencer Energy
Civitas Resources, Inc. (NYSECIVI) (“Civitas”) today announced the closing of its previously announced acquisition (the “Acquisition”) of certain oil and gas assets in the Midland basin in Texas from Vencer Energy, LLC (“Vencer”), a Vitol investment.
By Civitas Resources, Inc. · Via Business Wire · January 2, 2024
Civitas Resources Announces Third Quarter 2023 Results
Civitas Resources, Inc. (NYSECIVI) (the "Company" or "Civitas") today announced its third quarter 2023 financial and operating results. A conference call is planned for 8 a.m. MT (10 a.m. ET), November 8, 2023. Participation details can be found in this release. In addition, supplemental slides have been posted to the Company’s website, www.civitasresources.com.
By Civitas Resources, Inc. · Via Business Wire · November 7, 2023
Civitas Resources, Inc. Schedules Third Quarter 2023 Earnings Release and Conference Call
Civitas Resources, Inc. (NYSECIVI) (“Civitas” or the “Company”), today announced plans to release its third quarter 2023 operating and financial results after market close on Tuesday, November 7, 2023. A conference call to discuss these results is planned for 8 a.m. MT (10 a.m. ET), Wednesday, November 8, 2023. A live webcast and replay of this event will be available on the Investor Relations section of the Company’s website at www.civitasresources.com. Dial-in information for the conference call is included below.
By Civitas Resources, Inc. · Via Business Wire · October 19, 2023
Civitas Resources, Inc. Announces Pricing of $1,000 Million of New Senior Notes Due 2030
Civitas Resources, Inc. (the “Company”) (NYSECIVI) today announced that it has priced a private placement (the “Offering”) to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the “Securities Act”) of $1,000 million in aggregate principal amount of new 8.625% senior notes due 2030 (the “Notes”) at par. The Offering is expected to close on October 17, 2023, subject to the satisfaction of customary closing conditions.
By Civitas Resources, Inc. · Via Business Wire · October 10, 2023
Civitas Issues Statement in Conjunction with Debt Offering
Civitas Resources’ (NYSECIVI) (“Civitas” or the “Company”) CEO Chris Doyle today issued the following statement in conjunction with the Company’s recently announced debt offering:
By Civitas Resources, Inc. · Via Business Wire · October 10, 2023