The Law Offices of Frank R. Cruz announces an investigation of Civitas Resources, Inc. (“Civitas” or the “Company”) (NYSE: CIVI) on behalf of investors concerning the Company’s possible violations of federal securities laws.

What Is The Investigation About?
On February 24, 2025, Civitas released its fourth quarter and full year financial results, missing consensus estimates in revenue and non-GAAP EPS. The Company also announced a 10% reduction in its workforce across all levels and that its Chief Operating Officer and Chief Transformation Officer were both terminated, effective immediately.

On this news, Civita’s stock price fell $8.95, or 18.2%, to close at $40.35 per share on February 25, 2025, thereby injuring investors.