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Civitas Resources, Inc. (CIVI) Q1 2025 Earnings Conference Call Transcript

Civitas Resources, Inc. (NYSE:CIVI) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET

Company Participants

Brad Whitmarsh – Head, Investor Relations

Chris Doyle – Chief Executive Officer

Marianella Foschi – Chief Financial Officer

Conference Call Participants

Gabe Daoud – TD Cowen

Zach Parham – JPMorgan

Scott Hanold – RBC Capital Markets

Oliver Huang – TPH & Co.

Leo Mariani – Roth Capital

Operator

Good day, and thank you for standing by. Welcome to Civitas Resources First Quarter 2025 Earnings Conference Call and Webcast. My name is Rochelle, and I will be your operator for today’s call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question and answer session. [Operator Instructions] Please be advised that today’s conference call is being recorded.

I will now turn the call to Brad Whitmarsh, Head of Investor Relations. Brad, please go ahead.

Brad Whitmarsh

Thanks, Rochelle. Good morning, everyone, and thank you for joining us. Yesterday, we released our first quarter 2025 results, along with some supplemental materials and our 10-Q. hopefully, you’ve had a chance to look through these materials, all of which are available currently on our website.

This morning, our CEO, Chris Doyle, will make our prepared remarks, and joining us for Q&A is our CFO, Marianella Foschi, and other members of management. We will conduct a question and answer session after our opening comments, and as always, please limit your time to one question and one follow-up so we can work through the list efficiently.

We will make certain forward-looking statements today, and those are subject to risk uncertainties that could cause actual results to differ materially from our projections. Make sure you read our full disclosures regarding these statements in our most recent SEC filings. Also, we may refer to

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