Civitas Resources Inc. Reinstates Capital Return Program and Reports Strong Q2 2025 Results

Civitas Resources, Inc., an oil and natural gas company specializing in the Denver-Julesburg (DJ) Basin in Colorado, has announced significant developments in its financial strategy and leadership. The company, listed on the New York Stock Exchange (NYSE) under the ticker symbol CIVI, has reinstated its capital return program and reported robust second-quarter results for 2025.

Financial Highlights and Strategic Moves

In its Q2 2025 earnings report, Civitas Resources announced a net income of $124 million. The company’s revenue highlights underscore its strong performance in the oil and gas sector. As part of its strategic financial moves, Civitas has reinstated its capital return program, emphasizing a balanced approach to returning value to shareholders and reducing debt.

The Board of Directors has authorized a capital allocation strategy that prioritizes a peer-leading return of capital to shareholders alongside ongoing debt reduction. Future free cash flow, after accounting for the company’s $2 per share annual base dividend, is expected to be allocated equally between share repurchases and debt reduction on an annual basis.

Capital Return Program Enhancements

In support of the reinstated capital return program, the Board has increased the company’s share repurchase authorization to $750 million. Additionally, Civitas plans a $250 million accelerated share repurchase. This strategic move aims to enhance shareholder value and reflects the company’s confidence in its financial health and future prospects.

Dividend Yield and Stock Performance

Civitas Resources’ dividend yield has recently pushed above 7%, based on its quarterly dividend, which is annualized to $2. As of August 4, 2025, the stock was trading as low as $28.47. The company’s market capitalization stands at $2.81 billion, with a price-to-earnings ratio of 3.456. The stock has experienced a 52-week range, with a high of $63.82 on August 18, 2024, and a low of $22.79 on April 6, 2025.

Leadership Transition

In addition to its financial updates, Civitas Resources has announced a CEO transition. This leadership change is part of the company’s ongoing efforts to strengthen its executive team and drive future growth.

Civitas Resources continues to serve customers in the United States, focusing on the development and production of crude oil, natural gas, and natural gas liquids. For more information, visit the company’s website at www.civitasresources.com .