Civitas Resources delivered a strong third quarter in 2025, surpassing expectations with a net income of $177 million, operating cash flow of $860 million, and Adjusted Free Cash Flow of $254 million. The company saw increased oil and total production, alongside a five percent reduction in cash operating expenses per BOE. Strategic divestments of non-core assets were completed, and the company significantly reduced net debt while repurchasing a substantial amount of its stock.

Civitas Resources delivered a robust second quarter in 2025, surpassing expectations with strong operational performance, including increased oil production and reduced capital and operating expenses. The company also announced significant non-core asset divestments totaling $435 million, which will be used for debt reduction, and reinstated a capital return program, including a $250 million accelerated share repurchase.

Civitas Resources reported net income of $186 million and adjusted net income of $166 million for the first quarter of 2025, with crude oil, natural gas, and NGL revenues totaling $1.2 billion. The company generated $171 million in adjusted free cash flow and took strategic actions including launching a $100 million cost optimization initiative, adding commodity downside protection through hedging, and prioritizing net debt reduction in response to market volatility.

Civitas posted Q4 2024 revenue of $1.29 billion, reflecting strong commodity price realizations and increased production. Net income reached $151 million, while adjusted net income was $171 million. Free cash flow stood at $519 million, supporting debt reduction and shareholder returns. Sales volumes increased to 352 MBoe/d, with oil volumes at 164 MBbl/d. The company expects continued operational efficiencies and strategic investments to drive growth in 2025.

Civitas Resources reported strong third quarter 2024 results, driven by increased sales volumes and efficient capital spending. The company focused on returning capital to shareholders through dividends and share repurchases, while also reducing debt. Increased oil production is expected in the fourth quarter.

Civitas Resources reported strong second quarter results, driven by Permian Basin acquisitions and operational efficiencies. The company increased its share buyback authorization to $500 million and raised its 2024 sales volume outlook by 1.5%. Well costs in the Midland Basin are down 10% since the start of the year.

Civitas Resources reported a strong first quarter in 2024, marked by operational efficiencies in the Permian Basin and the successful divestment of non-core DJ Basin assets. The company's financial liquidity remained robust at $1.5 billion, and it reaffirmed its full-year sales volume outlook.