Kuehn Law Encourages Investors of Civitas Resources, Inc. to Contact Law Firm

Core Viewpoint - Civitas Resources, Inc. is under investigation for potential breaches of fiduciary duties by its officers and directors, linked to allegations of misrepresentation regarding the company's oil production and financial condition [1][2]. Group 1: Allegations of Misrepresentation - Insiders at Civitas Resources allegedly caused the company to misrepresent its likelihood of significantly reducing oil production in 2025 due to declines following a production peak in Q4 2024 and a low TIL count at the end of 2024 [2]. - The company may need to acquire additional acreage and development locations to increase oil production, which could lead to significant debt and necessitate the sale of corporate assets to offset acquisition costs [2]. - Civitas's financial condition may require disruptive cost-reduction measures, including a significant workforce reduction, indicating that the company's business and financial prospects were overstated [2]. - The public statements made by Civitas were reportedly materially false and misleading at all relevant times [2].