Welcome to our dedicated page for Civitas Resources SEC filings (Ticker: CIVI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Drilling economics, reserve reports, and hedging tables can turn Civitas Resources’ disclosures into a 300-page puzzle. If you have ever searched for production costs per BOE or greenhouse-gas commitments inside a single filing, you already know the challenge. Our platform tackles that problem head-on by turning Civitas Resources SEC filings explained simply into reality.
Every form—whether a Civitas Resources quarterly earnings report 10-Q filing or a sudden Civitas Resources 8-K material events explained notice—lands here within moments of hitting EDGAR. Stock Titan’s AI instantly produces plain-English highlights so you’re understanding Civitas Resources SEC documents with AI instead of wading through technical jargon. Need to monitor Civitas Resources insider trading Form 4 transactions? Set real-time alerts for Civitas Resources Form 4 insider transactions real-time and see which directors hedge exposure before commodity swings. Want big-picture trends? Our dashboards pair Civitas Resources earnings report filing analysis with historical benchmarks, revealing how Niobrara well performance or derivative gains evolve quarter to quarter.
Dig deeper: the Civitas Resources annual report 10-K simplified surfaces proved-reserve roll-forwards, while the Civitas Resources proxy statement executive compensation section links CEO bonuses to flaring-reduction targets. For immediate color on leadership moves, the Civitas Resources executive stock transactions Form 4 feed shows buys and sells the moment they’re filed. From ESG footnotes to liquidity covenants, every data point is mapped, summarized, and updated in real time—saving analysts hours and giving investors a clear view of Colorado’s largest pure-play producer.
Kimmeridge Energy Management Company, LLC reported beneficial ownership of 8,404,518 shares of Civitas Resources, Inc. (CIVI), representing 9.1% of the outstanding common stock based on 92,579,894 shares outstanding as of May 6, 2025. The filing states the shares are held directly by Kimmeridge-managed funds, that the Reporting Person has sole voting and dispositive power over these shares, and that the position was acquired in the ordinary course of business not for the purpose of changing control. The Schedule 13G identifies Kimmeridge as a Delaware investment adviser and provides firm and issuer addresses.
Civitas Resources (CIVI) filed an 8-K announcing a $250 million accelerated share repurchase (ASR) agreement executed on 8 Aug 2025. The company will immediately pay the full repurchase price and receive an initial share delivery equal to 80 % of that amount, valued at the stock’s 7 Aug 2025 closing price. The ultimate number of shares retired will be based on the volume-weighted average price (VWAP) over the program’s term, with final settlement expected in 3Q 2025.
The ASR reduces outstanding equity, is expected to be accretive to earnings per share, and signals management’s confidence in cash flow generation. No changes to guidance or financial results were provided. The filing contains standard forward-looking-statement language and highlights commodity-price and macroeconomic risks that could affect future performance.
Civitas Resources (NYSE: CIVI) filed an 8-K announcing an immediate leadership change on 6 Aug 2025. The Board terminated Chief Executive Officer M. Christopher Doyle without cause; he will receive Tier 1 severance benefits under the company’s Executive Change in Control and Severance Plan. Concurrently, Board Chair Wouter van Kempen (age 56) was named Interim CEO and principal executive officer effective the same date.
Van Kempen’s employment letter runs until the earlier of 27 Feb 2026 or the appointment of a permanent CEO. Key terms include:
- Annualized base salary: $1.5 million
- One-time RSU grant valued at $3.5 million (shares calculated on 30-day VWAP), cliff-vesting on the end date
- Eligibility for Tier 1 severance; if a qualifying termination occurs within 12 months of a change-in-control, cash severance equals 3× base salary plus up to 24 months COBRA reimbursement
Governance adjustments: Independent director Howard A. Willard III becomes Board Chair; van Kempen steps off the Compensation and Nominating/Governance Committees but remains a director. A press release (Ex. 99.1) disclosing the moves was furnished under Item 7.01.
Overview — Quarter ended June 30, 2025
Civitas Resources, Inc. reported operating net revenues of $1,054 million for the three months and $2,246 million for the six months ended June 30, 2025, down from $1,311 million and $2,639 million year-over-year, respectively. Net income was $124 million for the quarter and $310 million for the six months, with basic EPS of $1.34 and $3.33, respectively.
Balance sheet and liquidity: Total assets were $15,403 million and total stockholders' equity was $6,794 million as of June 30, 2025. Cash and cash equivalents were $69 million. Long-term debt, net, was $5,388 million (outstanding senior notes gross $4,850 million). On June 3, 2025 the company issued $750 million of 9.625% Senior Notes due 2033. Borrowings under the Credit Facility were $600 million with available borrowing capacity of $1,898 million.
Cash flow and capital: Net cash provided by operating activities was $1,017 million for six months; capital expenditures were $961 million; acquisitions of businesses, net, were $(756) million. Dividends paid totaled $97 million and common stock repurchased and retired totaled $(72) million.
Derivatives: Derivative gain, net, was $104 million in Q2 and $156 million for six months. Derivative assets totaled $186 million and liabilities $54 million as of June 30, 2025.