Civitas Resources Announces $500M Senior Notes Offering

Civitas Resources ( (CIVI) ) has issued an update.

On May 29, 2025, Civitas Resources announced its intention to offer $500 million in senior unsecured notes due 2032 in a private placement, subject to market conditions. The proceeds from this offering are expected to be used to repay a portion of the company’s outstanding borrowings under its revolving credit facility, which could impact its financial strategy and operations.

The most recent analyst rating on (CIVI) stock is a Hold with a $42.00 price target. To see the full list of analyst forecasts on Civitas Resources stock, see the CIVI Stock Forecast page.

Spark’s Take on CIVI Stock

According to Spark, TipRanks’ AI Analyst, CIVI is a Outperform.

Civitas Resources shows strong financial performance with impressive revenue and cash flow growth, supported by a solid balance sheet. The stock is attractively valued with a low P/E ratio and high dividend yield. However, technical analysis indicates a bearish trend, and the earnings call revealed some operational challenges. The balance between these factors results in a moderately positive overall stock score.

To see Spark’s full report on CIVI stock, click here.

More about Civitas Resources

Civitas Resources, Inc. is an independent exploration and production company focused on acquiring, developing, and producing crude oil and liquids-rich natural gas from its assets in the Permian Basin in Texas and New Mexico, and the DJ Basin in Colorado. The company aims to maximize shareholder returns through generating significant free cash flow, maintaining a strong balance sheet, returning capital to shareholders, and demonstrating ESG leadership.

Average Trading Volume: 2,316,818

Technical Sentiment Signal: Sell

Current Market Cap: $2.67B

Find detailed analytics on CIVI stock on TipRanks’ Stock Analysis page.