Civitas Resources Announces $750M Senior Notes Offering

An update from Civitas Resources ( (CIVI) ) is now available.

On May 29, 2025, Civitas Resources announced the pricing of an upsized private placement of $750 million in new 9.625% senior unsecured notes due 2033. The offering, expected to close on June 3, 2025, will help repay part of the company’s revolving credit facility, potentially strengthening its financial position and operational flexibility.

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 the acquisition, development, and production of crude oil and liquids-rich natural gas from its premier assets in the Permian Basin in Texas and New Mexico and the DJ Basin in Colorado. The company emphasizes 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

For a thorough assessment of CIVI stock, go to TipRanks’ Stock Analysis page.