Civitas Solutions (CIVI) Tops Q4 EPS by 71c, Beats on Revenue

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Go back to Civitas Solutions (CIVI) Tops Q4 EPS by 71c, Beats on Revenue

Civitas Resources Announces Fourth Quarter and Full-Year 2022 Results

February 22, 2023 4:15 PM EST

Announces $1 Billion Share Repurchase Authorization and Declares Fixed-plus-Variable Dividend to be Paid in March

2023 Plan Focused on Returning Cash to Shareholders

DENVER--(BUSINESS WIRE)-- Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today announced its fourth quarter and full-year 2022 financial and operating results, as well as its 2023 outlook. In addition, the Company announced plans to repurchase up to $1 billion of common stock, par value $0.01 per share (the Common Stock), effective through December 31, 2024. A conference call to discuss... More