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5.0
Civitas Resources, Inc. is a United States–based company operating in the energy sector, within the oil and natural gas exploration and production (E&P) industry.
The company focuses on onshore resource development, including exploration, drilling, production operations and management of oil and gas reserves.
Civitas was established in 2021 following the strategic combination of Bonanza Creek Energy and Extraction Oil & Gas, a merger designed to consolidate assets in Colorado and create a publicly traded operator committed to responsible and efficiency-driven energy production.
The company’s portfolio includes shale-resource development, exploration and drilling operations, well development, reserve management, associated field infrastructure and initiatives aimed at operational efficiency and environmental stewardship.
Its activities are concentrated in key onshore producing regions in the United States, particularly within unconventional resource formations. Civitas operates regionally, with significant assets in Colorado and subsequent expansion into additional basins through strategic acquisitions.
Its operational structure includes engineering teams, field operations, asset-management units, environmental-monitoring programs, administrative functions and integration processes for newly acquired operations.
Market factors affecting the company include crude oil and natural gas price fluctuations, environmental regulations, state and federal permitting requirements, availability of transportation and midstream infrastructure, competitive dynamics among independent energy producers and shifts in U.S. energy-market demand.
Civitas Resources, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker CIVI.
History and when Civitas Resources, Inc. was founded
Civitas Resources, Inc. was founded in 2021 in the United States through the merger of Bonanza Creek Energy and Extraction Oil & Gas, combining complementary production assets and establishing a scaled operator focused on unconventional resource development in Colorado.
The company’s creation occurred during a period of consolidation in the energy sector, driven by the search for operational efficiency, financial resilience and stronger environmental practices.
In 2021, Civitas integrated operations from both predecessor companies, enhancing production capabilities and establishing itself as a leading independent operator in its region. The company also completed additional transactions to expand its asset base and support long-term production growth.
From 2022 to 2024, Civitas expanded its presence into additional U.S. basins, optimized operational practices, invested in efficiency and continued strengthening its environmental and technological initiatives. The period marked the company’s transition toward a more diversified onshore resource portfolio and further operational maturity.
Additional Information
The Company Civitas Resources Inc (United States), is listed on Nasdaq with a market value of $ 2.29 Billions, having an equity of $ 6.69 Billions.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 4.70 Billions, which generated a profit in the amount of $ 638.11 Millions.
As for its main indicators, the Company has a P/E ratio of 3.60, a P/BV ratio of 0.34 and in the last 12 months the dividend yield of CIVI was at 7.76%.
The Company is traded internationally through the ticker CIVI.
