Civitas Resources, Inc. is an independent oil and gas producer focused on the Denver-Julesburg (DJ) and Permian Basins, with operations in Colorado, New Mexico, and Texas. The company holds approximately 453,600 net acres in the DJ Basin and 68,500 net acres in the Permian Basin, producing around 280,000 barrels of oil equivalent (BOE). Recently, UBS has revised its view on the company, changing its rating to Neutral.