capital returns

Civitas divests $435 million in DJ Basin assets, names interim CEO in leadership shift

August 7, 2025

(World Oil)– Civitas Resources announced two major updates on Aug. 6: the reinstatement of a capital return program and a leadership transition that places Board Chair Wouter van Kempen in the role of interim CEO. The company’s Board of Directors has approved a renewed capital allocation strategy aimed at balancing shareholder returns and debt reduction. Civitas plans to allocate future

US producers face tough choices on growth, capital returns as oil falls below $60

April 9, 2025

(Investing) – A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, likely forcing companies to double down on measures including cuts to share buybacks and capital expenditures, analysts have said. Brent crude and West Texas Intermediate (WTI) futures slid to their lowest since February 2021, as sweeping tariffs

Civitas divests $435 million in DJ Basin assets, names interim CEO in leadership shift

US producers face tough choices on growth, capital returns as oil falls below $60

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