CIVI DEADLINE: ROSEN, A RANKED AND LEADING LAW FIRM, Encourages Civitas Resources, Inc. Investors to Secure Counsel Before Important July 1 Deadline in Securities Class Action - CIVI

Core Points - Rosen Law Firm is reminding investors who purchased Civitas Resources, Inc. securities between February 27, 2024, and February 24, 2025, of the July 1, 2025, lead plaintiff deadline for a class action lawsuit [1][2] - The lawsuit alleges that Civitas made materially false and misleading statements regarding its oil production and financial condition, which led to investor damages when the truth was revealed [3] Company Details - Civitas Resources is facing allegations that it is likely to significantly reduce its oil production in 2025 due to declines following a production peak in the DJ Basin in Q4 2024 and low TIL count at the end of 2024 [3] - The company may need to acquire additional acreage and development locations to increase oil production, which could incur significant debt and require asset sales [3] - Civitas' financial condition may necessitate disruptive cost-reduction measures, including a significant workforce reduction, which could impact its business and operational capabilities [3]