Civitas Resources, Inc. (CIVI) Q2 2025 Earnings Call Transcript

2025-08-07 11:21:20 ET

Civitas Resources, Inc. (CIVI)

Q2 2025 Earnings Call

August 7, 2025 8:00 A.M. ET

Company Participants

Brad Whitmarsh - Vice President, Investor Relations

Clayton A. Carrell - President & COO

Marianella Foschi - Chief Financial Officer & Treasurer

Wouter T. van Kempen - Interim CEO & Director

Conference Call Participants

Benjamin Zachary Parham - JPMorgan Chase & Co, Research Division

Francis Lloyd Byrne - Jefferies LLC, Research Division

John Holliday Abbott - Wolfe Research, LLC

Leo Paul Mariani - ROTH Capital Partners, LLC, Research Division

Noel Augustus Parks - Tuohy Brothers Investment Research, Inc.

Phillip J. Jungwirth - BMO Capital Markets Equity Research

Scott Michael Hanold - RBC Capital Markets, Research Division

Presentation

Operator

Good day, and thank you for standing by. Welcome to the Civitas Resources Second Quarter 2025 Earnings Conference Call and Webcast. My name is Morgan, and I will be your operator for today's call. Please be advised that today's conference call is being recorded. I will now turn the call over to Brad Whitmarsh, Head of Investor Relations. Brad, please go ahead.

Brad Whitmarsh

Thanks, Morgan. Good morning, everyone, and thank you for joining us. Yesterday, we announced our second quarter 2025 results as well as an enhanced capital return program. We provided some supplemental materials and we filed our 10-Q. In addition, we announced the appointment of Wouter van Kempen, formerly our Board Chair as our interim CEO. Hopefully, you've had a chance to look through all of our materials, which are all on the website. This morning, our prepared remarks will come from Wouter as well as Marianella Foschi, our CFO; and Clay Carrell, our President and COO....

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