Roth Capital downgraded Civitas Resources from Buy to Neutral and set a new price target of $34.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/30/2025 | $40.00 | Outperform → Sector Perform | RBC Capital Mkts |
| 5/15/2025 | $34.00 | Buy → Neutral | Roth Capital |
| 3/24/2025 | $50.00 → $42.00 | Outperform → Market Perform | BMO Capital Markets |
| 3/5/2025 | $80.00 → $42.00 | Buy → Hold | Siebert Williams Shank |
| 2/26/2025 | $68.00 → $62.00 | Overweight → Neutral | Analyst |
| 2/25/2025 | Outperform → Neutral | Pickering Energy Partners | |
| 2/25/2025 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 1/10/2025 | $64.00 | Overweight | Morgan Stanley |
4 - CIVITAS RESOURCES, INC. (0001509589) (Issuer)
4 - CIVITAS RESOURCES, INC. (0001509589) (Issuer)
4 - CIVITAS RESOURCES, INC. (0001509589) (Issuer)
Civitas Resources, Inc. (the "Company") (NYSE:CIVI) today announced that it has priced an upsized private placement (the "Offering") to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act"), of $750 million in aggregate principal amount of new 9.625% senior notes due 2033 (the "Notes") at par. The Offering is expected to close on June 3, 2025, subject to the satisfaction of customary closing conditions. The Company expects to use the net proceeds from the Offering to repay a portion of the outstanding borrowings under the Company's revolving credit facility. The Notes to be offered will not be registered under the Securitie
Civitas Resources, Inc. (the "Company") (NYSE:CIVI) today announced that, subject to market conditions, it intends to offer $500 million in aggregate principal amount of senior unsecured notes due 2032 (the "Notes") in a private placement (the "Offering") to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended (the "Securities Act"). The Company expects to use the net proceeds from the Offering to repay a portion of the outstanding borrowings under the Company's revolving credit facility. The Notes to be offered will not be registered under the Securities Act or under any state or other securities laws, and the Notes will be issued pursuant to an
Implementing cost optimization and operational efficiency initiatives to deliver over $100 million in annualized free cash flow Civitas Resources, Inc. (NYSE:CIVI) (the "Company" or "Civitas") today reported its first quarter 2025 financial and operating results. A webcast and conference call to review the Company's results is planned for 6:30 a.m. MT (8:30 a.m. ET) on Thursday, May 8, 2025. Participation details are available in this release, and supplemental materials can be accessed on the Company's website, www.civitasresources.com. Management Quote CEO Chris Doyle commented, "Our high-quality, low-breakeven assets continue to position us well in the current environment, following ou