Civitas Resources, Inc.

NYSE:CIVI Stock Report

Market Cap: US$2.4b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Civitas Resources Management

Management criteria checks 4/4

Civitas Resources' CEO is Wouter van Kempen, appointed in Aug 2025, has a tenure of less than a year. directly owns 0.008% of the company’s shares, worth $198.48K. The average tenure of the management team and the board of directors is 2 years and 4.2 years respectively.

Key information

Wouter van Kempen

Chief executive officer

US$408.9k

Total compensation

CEO salary percentagen/a
CEO tenureless than a year
CEO ownership0.008%
Management average tenure2yrs
Board average tenure4.2yrs

Recent management updates

Recent updates

Narrative Update Jan 19

CIVI: SM Energy All Stock Merger Will Reshape Future Cash Flow Profile

Analysts have nudged their price target for Civitas Resources slightly lower to about US$36.92 from US$37.31, reflecting updated assumptions on growth, margins, discount rates and future P/E multiples in light of recent sector target cuts and the planned all stock merger with SM Energy. Analyst Commentary Recent research on Civitas Resources clusters around the implications of the planned all stock merger with SM Energy and how that could influence the company’s valuation, growth profile and execution risks over the next few years.
Narrative Update Jan 04

CIVI Will Seek Re Rating As SM Energy Merger Drives Scale

The analyst price target for Civitas Resources has been reduced by a few dollars per share, as analysts factor in softer long term growth and margin assumptions, alongside merger related valuation uncertainty and a sector wide shift in preference toward gas focused names. Analyst Commentary Recent Street research reflects a more nuanced stance toward Civitas Resources, with price target reductions framed less as company specific setbacks and more as part of a broader recalibration across the North American energy complex.
Seeking Alpha Dec 30

Civitas Resources: The Merger Gets A Green Light On My Part

Summary Civitas Resources is rated a Strong Buy, driven by compelling valuation and a transformative merger with SM Energy. CIVI trades at a P/E of 4.19 and EV/EBITDA of 2.24, with a staggering 36.5% FCF yield, reflecting deep value. The SM Energy merger targets $200–$300M in annual synergies, $1.4B+ FCF, and potential credit rating upgrades but raises leverage to 1.5x net debt/EBITDA. Dividend yield will drop to 3.8–4.2% post-merger, with near-term focus on debt reduction and asset sales to enhance the balance sheet. Read the full article on Seeking Alpha
Narrative Update Dec 20

CIVI: Merger With SM Energy Will Shape Cash Flow And Risk Outlook

Analysts have trimmed their price targets on Civitas Resources by about $3 per share, reflecting a more cautious sector view, the valuation overhang from the pending all stock merger with SM Energy, and updated forecasts that incorporate slightly slower revenue declines, improved margins, and lower future earnings multiples. Analyst Commentary Bearish analysts have reiterated a cautious stance on Civitas Resources, pointing to a combination of merger related uncertainty, commodity price headwinds, and questions around the company’s long term capital efficiency.
Narrative Update Dec 06

CIVI: SM Energy Merger Will Drive Cash Flow Scale Despite Recent Downgrade

Analysts have nudged their average price target for Civitas Resources lower by a few dollars per share to roughly the mid $30s, citing recalibrated forecasts around the all stock merger with SM Energy, updated 2025 to 2026 guidance, and a more cautious stance on oil relative to gas within the broader E&P sector. Analyst Commentary Street research following the SM Energy merger announcement reflects a more balanced, wait and see stance on Civitas, with targets drifting lower but views diverging on how quickly the combined platform can translate scale into shareholder returns.
Narrative Update Nov 22

CIVI: Merger With SM Energy Will Unlock New Scale And Market Opportunities

The analyst price target for Civitas Resources has decreased from approximately $41 to $37 per share. Analysts cite updated guidance, merger-related valuation changes, and mixed energy sector sentiment as key factors behind the lowered expectations.
Analysis Article Nov 13

Civitas Resources' (NYSE:CIVI) Dividend Will Be $0.50

Civitas Resources, Inc. ( NYSE:CIVI ) has announced that it will pay a dividend of $0.50 per share on the 29th of...
Narrative Update Nov 04

CIVI: All-Stock Merger With SM Energy Will Drive Permian Expansion

Analysts have lowered their price target for Civitas Resources from approximately $42.73 to $40.79 per share. They cite the upcoming SM Energy merger and a shifting financial outlook as key factors in their revised valuation.
Analysis Article Oct 24

Here's Why Civitas Resources (NYSE:CIVI) Has A Meaningful Debt Burden

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Narrative Update Oct 13

Efficiency Gains And ESG Pressures Will Shape Permian Production

Analysts have raised the price target for Civitas Resources from $41.80 to approximately $42.73. They cited revised outlooks on company performance and industry developments as the reasons for the adjustment.
Narrative Update Sep 17

Efficiency Gains And ESG Pressures Will Shape Permian Production

Analysts have modestly reduced Civitas Resources’ price target from $42.13 to $41.80, reflecting improved production and cash flow offset by cautious views on long-term asset development. Analyst Commentary Bullish analysts cite improved production guidance and stronger-than-expected quarterly results as key drivers for raising targets.
Analysis Article Aug 31

Civitas Resources, Inc. (NYSE:CIVI) Surges 28% Yet Its Low P/E Is No Reason For Excitement

The Civitas Resources, Inc. ( NYSE:CIVI ) share price has done very well over the last month, posting an excellent gain...
Analysis Article May 09

Civitas Resources, Inc. Just Beat EPS By 18%: Here's What Analysts Think Will Happen Next

Civitas Resources, Inc. ( NYSE:CIVI ) shareholders are probably feeling a little disappointed, since its shares fell...
Seeking Alpha Mar 10

Civitas Resources: Buy The Dip On This High Yield

Summary Civitas Resources offers a compelling value opportunity, supported by strong fundamentals, low-cost structure, and robust free cash flow generation. CIVI's peer-leading cost structure and substantial development runway in the Permian and DJ Basins position it well for future growth despite temporary setbacks. CIVI carries a 6% dividend yield, a low forward P/E of 4.2x, and a historically high free cash flow yield of 27%. Read the full article on Seeking Alpha
Analysis Article Feb 28

Earnings Working Against Civitas Resources, Inc.'s (NYSE:CIVI) Share Price Following 26% Dive

Civitas Resources, Inc. ( NYSE:CIVI ) shareholders that were waiting for something to happen have been dealt a blow...
Analysis Article Feb 27

Civitas Resources, Inc. Just Missed EPS By 5.2%: Here's What Analysts Think Will Happen Next

One of the biggest stories of last week was how Civitas Resources, Inc. ( NYSE:CIVI ) shares plunged 22% in the week...
Seeking Alpha Feb 26

Civitas Resources: Sound Management After A Risky Start

Summary Civitas has formed from bankrupt and troubled companies. Civitas has demonstrated impressive growth in both cash flow and free cash flow, which indicates tight management. Civitas's cash flow growth confirms genuine financial health. The company's ability to "whip the combined company into shape" and maintain financial growth is rare and noteworthy for investors. Operating costs are declining. Read the full article on Seeking Alpha

CEO

Wouter van Kempen (56 yo)

less than a year
Tenure
US$408,871
Compensation

Mr. Wouter T. van Kempen was CEO of Civitas Resources, Inc. from August 2025 to October 2025 and serves as its Interim Chief Executive Officer from October 2025 and serves as its Director since February 22...


Leadership Team

NamePositionTenureCompensationOwnership
Wouter van Kempen
Interim CEO & Directorless than a yearUS$408.87k0.0084%
$ 198.5k
Marianella Foschi
Chief Financial Officer & Treasurer4.2yrsUS$3.51m0.11%
$ 2.6m
Travis Counts
Chief Administrative Officer & Secretary3.4yrsUS$3.48m0.043%
$ 1.0m
Clayton Carrell
President & COOless than a yearno data0.036%
$ 860.9k
Kayla Baird
Senior VP & Chief Accounting Officer2yrsno data0.0021%
$ 50.7k
Brad Whitmarsh
Vice President2yrsno datano data
Adrian Milton
Senior VP2.1yrsno datano data
Sam Blatt
Senior Vice President of Permian2.1yrsno datano data
2.0yrs
Average Tenure
50.5yo
Average Age

Experienced Management: CIVI's management team is considered experienced (2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wouter van Kempen
Interim CEO & Director2.9yrsUS$408.87k0.0084%
$ 198.5k
James Trimble
Independent Director4.2yrsUS$283.87k0.032%
$ 746.3k
Jeffrey Wojahn
Independent Director11.2yrsUS$298.87k0.026%
$ 604.2k
Howard Willard
Interim Independent Chair of the Board4.2yrsUS$303.87k0.0082%
$ 194.2k
Lloyd Helms
Independent Directorless than a yearno datano data
Morris Clark
Independent Director4.2yrsUS$308.87kno data
Carrie Hudak
Independent Director6.3yrsUS$303.87k0.018%
$ 414.7k
Carrie Fox
Independent Director4.2yrsUS$283.87k0.021%
$ 501.9k
Deborah Byers
Independent Director2.9yrsUS$283.87kno data
4.2yrs
Average Tenure
62yo
Average Age

Experienced Board: CIVI's board of directors are considered experienced (4.2 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/01/29 17:52
End of Day Share Price 2026/01/29 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Civitas Resources, Inc. is covered by 21 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jason SmithBofA Global Research
Stephen BermanCanaccord Genuity
Bradley CarpenterCantor Fitzgerald & Co.