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Civitas Resources

🌎 civitasresources.com

Civitas Resources is a leading independent oil and natural gas producer based in Denver, Colorado, specializing in the Denver-Julesburg (DJ) and Permian basins. The company is recognized as Colorado's first carbon-neutral oil and gas producer, committed to sustainability and innovation in energy production. With a focus on operational excellence and community values, Civitas aims to deliver long-term value while leading the transition to a low-carbon future.

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Civitas Resources - Latest News and Updates

• Kirby McInerney LLP is investigating Civitas Resources for potential violations of federal securities laws as of February 27, 2025.
• Civitas Resources is acquiring Midland Basin production and drilling locations for $300 million and plans to sell assets in Colorado's D-J Basin to offset the cost.
• On February 24, 2025, Civitas Resources expanded its board to ten members by appointing Lloyd Helms and made leadership changes by terminating two executives and assigning CEO M. Christopher Doyle as principal operating officer.
• Civitas Resources has appointed Lloyd W. Helms, Jr., former EOG Resources president, to its Board of Directors, bringing 40 years of oil and gas expertise.
• Civitas Resources reported $1.3 billion in free cash flow for 2024, returning over 70% to shareholders through dividends and stock repurchases, while addressing challenges like workforce reductions and production declines.

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