Civitas Resources ( (CIVI) ) just unveiled an announcement.
On February 24, 2025, Civitas Resources expanded its board of directors from nine to ten members and appointed Lloyd W. ‘Billy’ Helms, Jr. as the new director. Mr. Helms, with over 40 years of experience in the oil and gas industry, will serve on the Sustainability and Audit Committees and is recognized for his operational and technical expertise. Concurrently, the company terminated the employment of its Chief Operating Officer, T. Hodge Walker, and Chief Transformation Officer, Jeffrey S. Kelly, without cause. M. Christopher Doyle, the current President and CEO, assumed the additional role of principal operating officer. These changes reflect Civitas Resources’ strategic adjustments in its leadership to enhance operational efficiency and governance.
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 DJ Basin in Colorado and the Permian Basin in Texas and New Mexico. The company emphasizes maximizing shareholder returns through generating significant free cash flow, maintaining a strong balance sheet, returning capital to shareholders, and demonstrating ESG leadership.
YTD Price Performance: 2.85%
Average Trading Volume: 1,304,900
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $4.73B
For detailed information about CIVI stock, go to TipRanks’ Stock Analysis page.