Civitas Resources Inc is a Denver-based independent energy company focused on the acquisition, exploration, and production of oil and natural gas resources primarily located in the DJ Basin of Colorado. The company aims to deliver sustainable value through environmentally responsible practices and cutting-edge technology.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| BCEI 5.00% 2026-10-15 USDCivitas Resources Inc | United States | 2026-10-15 | 5.000 | 5.21 |
| BCEI 5.00% 2026-10-15 USDCivitas Resources Inc | United States | 2026-10-15 | 5.000 | 5.21 |
| BCEI 8.38% 2028-07-01 USDCivitas Resources Inc | United States | 2028-07-01 | 8.375 | 6.91 |
| BCEI 8.38% 2028-07-01 USDCivitas Resources Inc | United States | 2028-07-01 | 8.375 | 6.84 |
| BCEI 8.63% 2030-11-01 USDCivitas Resources Inc | United States | 2030-11-01 | 8.625 | 7.78 |
| BCEI 8.63% 2030-11-01 USDCivitas Resources Inc | United States | 2030-11-01 | 8.625 | 7.78 |
| BCEI 8.75% 2031-07-01 USDCivitas Resources Inc | United States | 2031-07-01 | 8.750 | 8.34 |
| BCEI 8.75% 2031-07-01 USDCivitas Resources Inc | United States | 2031-07-01 | 8.750 | 8.25 |
| BCEI 9.63% 2033-06-15 USDCivitas Resources Inc | United States | 2033-06-15 | 9.625 | 8.75 |
| BCEI 9.63% 2033-06-15 USDCivitas Resources Inc | United States | 2033-06-15 | 9.625 | 8.72 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception in 2021, Civitas has strategically entered the bond market, with its first notable bond issuance occurring in 2022, raising $500 million to fund acquisitions and development projects. As of 2023, they have approximately $1 billion in outstanding bonds, offering yields around 7.5%, which is competitive within the energy sector. The company’s bonds feature a strong financial covenant structure, supporting their growth strategy while ensuring investor protection during fluctuating market conditions. Recently, Civitas announced a successful refinancing of a significant portion of its debt, further strengthening its balance sheet and demonstrating commitment to maintaining a robust financial profile.