Here are the 10-Q quarterly reports from Civitas Res Inc CL B 26 (CIVII) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CIVII and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CIVII filings page.
Civitas Resources, Inc. reported Q3 2025 results with operating net revenues of $1,168 million and net income of $177 million. Diluted EPS was $1.99 on weighted-average diluted shares of 88,962,984. Operating expenses were $895 million, and the quarter included a derivative gain, net, of $79 million and interest expense of $120 million.
For the nine months ended September 30, 2025, net cash provided by operating activities was $1,877 million. Capital expenditures were $1,432 million, acquisitions used $761 million, dividends paid were $141 million, and share repurchases totaled $322 million. Total debt was $5,139 million at September 30, 2025, including $4,850 million of Senior Notes and $350 million drawn on the Credit Facility. In June, the company issued $750 million of 9.625% Senior Notes due 2033, receiving net proceeds of $743 million used to repay Credit Facility borrowings.
The company executed two divestitures of non-core DJ Basin assets for $435 million in cash (closed August 29 and October 1, 2025). The borrowing base and elected commitments under the Credit Facility were reaffirmed at $3.3 billion and $2.5 billion, respectively, with $2,148 million of availability at quarter-end. Shares outstanding were 85,293,095 as of September 30, 2025.