Civitas Resources, Inc. Declares Quarterly Cash Dividend

DENVER--(BUSINESS WIRE)-- Civitas Resources, Inc. (NYSE: CIVI) ("Civitas" or the "Company"), today announced that its Board of Directors approved a quarterly dividend of $0.50 per share, payable on December 27, 2024 to shareholders of record as of December 13, 2024.

About Civitas

Civitas Resources, Inc. is an independent exploration and production company focused on the acquisition, development, and production of crude oil and liquids-rich natural gas from its premier assets in the DJ Basin in Colorado and the Permian Basin in Texas and New Mexico. Civitas' proven business model to maximize shareholder returns is focused on four key strategic pillars: generating significant free cash flow, maintaining a premier balance sheet, returning capital to shareholders, and demonstrating ESG leadership. For more information about Civitas, please visit www.civitasresources.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241107326236/en/

Civitas Contacts

Investor Relations:

Brad Whitmarsh, 832.736.8909, [email protected]

Mae Herrington, 832.913.5444, [email protected]

Media:

Rich Coolidge, [email protected]

Source: Civitas Resources, Inc.

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