Civitas Resources Appoints New President and COO

Civitas Resources ( (CIVI) ) has provided an announcement.

On May 7, 2025, Civitas Resources appointed Clayton A. Carrell as President and Chief Operating Officer, effective immediately. Carrell brings over 35 years of experience in the oil and gas industry, having previously held leadership roles at Southwestern Energy and EP Energy. His appointment is expected to enhance Civitas’ operational capabilities and strategic execution, particularly in the Permian and DJ Basins, as the company focuses on delivering value for shareholders through its scaled development programs.

Spark’s Take on CIVI Stock

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

Civitas Resources shows strong financial performance with significant revenue and cash flow growth. The company’s valuation is attractive due to its low P/E ratio and high dividend yield. However, technical indicators suggest a bearish trend, and the earnings call presents both strengths in operational efficiencies and challenges such as production declines and workforce reductions. The balance between these factors results in a moderate 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 premier 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: 2,375,995

Technical Sentiment Signal: Sell

Current Market Cap: $2.51B

For an in-depth examination of CIVI stock, go to TipRanks’ Stock Analysis page.