Civitas Resources
Civitas Resources was an independent oil and gas E&P operator focused on the DJ and Permian Basins, producing crude oil, natural gas, and NGLs for refineries, utilities, and petrochemical buyers before merging with SM Energy in January 2026.
- Company typePrivate
- Founded2022
- HeadquartersDenver, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Civitas Resources does
Civitas Resources was an independent oil and gas exploration and production company that developed crude oil, natural gas, and natural gas liquids (NGLs) reserves primarily in the Denver-Julesburg (DJ) Basin in Colorado and the Permian Basin in Texas and New Mexico, with a later extension into South Texas through the Galvan Ranch assets spanning roughly 61,000 net acres in Webb County. The company employed conventional upstream techniques — horizontal drilling and hydraulic fracturing — across a multi-basin portfolio encompassing approximately 823,000 net acres post-merger and producing around 336,000 BOE/d pre-merger (about 6% year-over-year growth), with combined-entity production of roughly 550,000 BOE/d after the SM Energy combination. The reserves base included 168 million barrels of net proved reserves at Galvan Ranch alone as of December 2025.
Civitas Resources firmographics
Firmographics- Name
- Civitas Resources
- Legal name
- Civitas Resources, Inc.
- Website
- https://civitasresources.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- Civitas Resources was an independent oil and gas E&P operator focused on the DJ and Permian Basins, producing crude oil, natural gas, and NGLs for refineries, utilities, and petrochemical buyers before merging with SM Energy in January 2026.
- Ownership category
- akta.pro rank
Where Civitas Resources is headquartered
LocationHeadquarters
- HQ city
- Denver
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Civitas Resources business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Others
Revenue model
- Oil and Gas Production Sales: Revenue generated from the sale of crude oil, natural gas, and natural gas liquids (NGLs) produced from the company's exploration and production operations in the Denver-Julesburg Basin and Permian Basin.
Distribution channels2 records
Marketing channels3 records
Civitas Resources product offering
Product offeringCore offering
Civitas Resources is an independent upstream oil and gas exploration and production company that develops and produces crude oil, natural gas, and natural gas liquids (NGLs) from operations in the Denver-Julesburg Basin and Permian Basin. The company focused on large-scale, multi-basin asset development using hydraulic fracturing and horizontal drilling, generating revenue primarily through commodity sales to downstream refineries, petrochemical operators, and natural gas buyers.
Product overview
Civitas Resources was an independent oil and gas exploration and production company focused on assets in the Denver-Julesburg (DJ) Basin and Permian Basin. The company operated primarily in Colorado and Texas, developing oil and natural gas reserves. As of January 30, 2026, Civitas Resources merged with SM Energy Company and ceased to exist as an independent public company. Following the merger, the combined entity operates under the SM Energy name with all Civitas operations integrated into SM Energy's portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- Crude Oil Production Sale of crude oil produced from exploration and production operations in the Denver-Julesburg Basin and Permian Basin to downstream refineries and petrochemical facilities.
- Natural Gas Production Sale of natural gas produced from exploration and production operations in the DJ Basin and Permian Basin to utilities and power generation companies for electricity generation and heating.
- Natural Gas Liquids (NGLs) Production Sale of natural gas liquids produced from exploration and production operations to downstream processors and utilities.
Quantifiable outcome
- 6% production growth to 336,000 BOE/d
- +1 more outcomes
Companies that use Civitas Resources
Customer profileSegments2 records
Ideal customer profiles2 records
Civitas Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Civitas Resources partnerships and signals
Strategic signalScale indicators10 records
Recent moves7 records
Expansion highlights4 records
Civitas Resources competitors and assessment
Company assessmentDirect peers
- SM Energy Company: SM Energy acquired Civitas Resources in January 2026 in a $12.8B all-stock merger. Both companies operated as independent U.S. shale E&Ps with overlapping positions in the Permian and South Texas; SM is now the surviving parent and direct operational peer in every material dimension.
- EOG Resources: EOG is a large independent U.S. E&P operating across multiple premier shale plays (Permian, Eagle Ford, Bakken, DJ) using horizontal drilling and hydraulic fracturing. Its multi-basin, oil-weighted model and operational scale are directly comparable to Civitas's pre-merger footprint.
- Devon Energy: Devon is a leading independent E&P with a diversified U.S. shale portfolio spanning the Delaware Basin, Eagle Ford, Anadarko, and Williston basins. Its multi-basin strategy and focus on free cash flow generation closely mirror Civitas's pre-merger positioning.
- Pioneer Natural Resources: Pioneer was a Permian Basin-focused independent E&P (acquired by ExxonMobil in 2024) with industry-leading scale in the Midland Basin. Its basin-concentrated, oil-weighted production profile is directly comparable to Civitas's Permian assets.
- Diamondback Energy: Diamondback is a pure-play Permian Basin (Midland and Delaware sub-basins) independent E&P. Its asset concentration, lateral drilling program, and capital discipline model are highly comparable to the Permian-focused component of Civitas's portfolio.
- Continental Resources: Continental is a U.S. shale-focused independent E&P historically concentrated in the Bakken and SCOOP/STACK plays with a heavy crude oil weighting. Its operational playbook — horizontal drilling, multi-well pads, and oil-weighted production — closely mirrors Civitas's development approach.
- Marathon Oil: Marathon Oil was a multi-basin U.S. independent E&P (acquired by ConocoPhillips in 2024) with assets in the Eagle Ford, Bakken, Permian, and Oklahoma. Its diversified shale portfolio and oil-weighted production mix are directly comparable to Civitas's pre-merger strategy.
- Murphy Oil: Murphy Oil is an independent E&P with onshore U.S. operations in the Eagle Ford and Permian plus offshore Gulf of Mexico assets. Its mix of U.S. shale production with diversification considerations is comparable to Civitas's portfolio strategy.
- Hess Corporation: Hess operated as a U.S. shale-focused E&P with primary Bakken/Delaware Basin assets prior to its acquisition by Chevron. Its oil-weighted shale development model and capital allocation discipline are comparable to Civitas's operational approach.
Broad incumbents
- Occidental Petroleum: Occidental is a large, diversified energy company with material U.S. shale operations (Permian, DJ Basin via its prior CrownRock acquisition) alongside chemicals and low-carbon ventures. Its DJ Basin overlap with Civitas makes it a relevant comparable for Colorado regulatory and operational dynamics.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Civitas Resources social profiles
Digital presenceCivitas Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Civitas Resources leadership team
Management profileNumber of profiles
Profiles3 records
Civitas Resources subsidiaries and ownership
Company hierarchySubsidiaries1 record
Civitas Resources funding detail
Funding detailFunding overview
Funding rounds4 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Civitas Resources M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Civitas Resources
What does Civitas Resources do?
Civitas Resources is an independent upstream oil and gas exploration and production company that develops and produces crude oil, natural gas, and natural gas liquids (NGLs) from operations in the Denver-Julesburg Basin and Permian Basin. The company focused on large-scale, multi-basin asset development using hydraulic fracturing and horizontal drilling, generating revenue primarily through commodity sales to downstream refineries, petrochemical operators, and natural gas buyers.
Is Civitas Resources a public or private company?
Civitas Resources is a private company. It is classified as corporate owned and is currently acquired.
When was Civitas Resources founded?
Civitas Resources was founded in 2022. It employs 101 to 250 people.
Where is Civitas Resources based?
Civitas Resources is headquartered in Denver, United States, in the North America region.
How does Civitas Resources make money?
One revenue line is on record: oil and Gas Production Sales.
Who are Civitas Resources's main competitors?
Direct peers on record are SM Energy Company, EOG Resources, Devon Energy, Pioneer Natural Resources, Diamondback Energy, Continental Resources, Marathon Oil, Murphy Oil and Hess Corporation. Occidental Petroleum is listed as a broad incumbent.
Does Civitas Resources have an API?
No public API is recorded for Civitas Resources.