Civitas Resources Inc - Ordinary Shares New

:BCEI   3:59:56 PM EDT
+1.53 (+2.76%)
Other Pre-Announcement, Mergers / Acquisitions

Civitas Adds Premium Assets In Dj Basin With All-Stock Acquisition Of Crestone Peak Resources

Published: 06/07/2021 12:53 GMT
(BCEI) - Civitas Adds Premium Assets in Dj Basin With All-stock Acquisition of Crestone Peak Resources.
Civitas Resources - Expected to Have an Enterprise Value of Approximately $4.5 Billion.
Civitas Resources - Committed to Returning Capital to Shareholders Through Increased Dividends.
Civitas Resources - Acquisition of Crestone is Expected to Be Accretive on All 2022 Estimated Key Metrics.
Civitas Resources - Civitas Expects to Target Flat to Low Production Growth With Moderate Cash Flow Reinvestment.