Civitas Resources(CIVI) - 2024 Q2 - Quarterly Results

Exhibit 99.1 Civitas Resources Reports Second Quarter 2024 Results Capital return framework enhanced for share repurchase flexibility and balance sheet support, with buyback authorization increased to $500 million Lower well costs driving $50 million reduction in full-year capital expectations; 2024 sales volume outlook raised 1.5% DENVER — August 1, 2024 - Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today reported its second quarter 2024 financial and operating results. A webcast and ...