Civitas Resources, Inc. is an independent exploration and production company focused on the development of oil and natural gas properties in the Permian Basin of West Texas and southeastern New Mexico. Headquartered in Midland, Texas, Civitas holds a high-quality acreage position across the Delaware and Midland sub-basins, where it applies horizontal drilling and multi-stage hydraulic fracturing to unlock resource potential in multiple stacked formations. The company maintains a disciplined operational approach aimed at maximizing capital efficiency and optimizing well performance.
Since commencing operations under the Civitas name in mid-2021, following the divestiture of non-core assets from its predecessor, the company has concentrated on building a low-cost, high-return portfolio. Civitas’ asset base spans both the core Midland and Delaware basins, with production infrastructure and midstream arrangements designed to support stable operations and access to key Texas Gulf Coast and domestic processing markets. The firm’s technical team focuses on continuous reservoir evaluation, pad drilling efficiencies and water management strategies to enhance ultimate resource recovery.
Strategic growth initiatives at Civitas include targeted acreage acquisitions and bolt-on transactions to expand its core footprint, while maintaining a strong balance sheet and free cash flow generation. The company’s governance structure emphasizes operational flexibility, environmental stewardship and safety, with a commitment to responsible development practices and community engagement across its operating regions.
Under the leadership of President and Chief Executive Officer Todd B. Haney, Civitas Resources pursues a long-term value creation model rooted in technical expertise and capital discipline. Supported by a management team with decades of Permian Basin experience, the company aims to deliver sustainable production growth and shareholder returns through focused execution and cost management.
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