Gaining access to the richest oil areas in the US, reducing the cost of production while maximising returns for shareholders - these are the goals the oil giant has not only set, but achieved. With bold acquisitions in the Permian Basin and a focus on environmental sustainability, it has become a leader that does not lose sight of the financial rewards for its investors. How does it balance mining and innovation, and what does this mean for the future?

Expanding production capacity and strategic investments in the Permian Basin have enabled the company to achieve record dividends that are now delivering exceptional returns for its investors.

Company introduction

Civitas Resources $CIVI is a major U.S. oil and gas exploration and production company. The company is headquartered in Denver, the capital of the state of Colorado, and its primary area of operations is the United States, specifically oil and gas rich regions such as the Permian Basin, DJ Basin and other key plays.

Civitas…