On the Record · Civitas Resources

Civitas Resources layoffs, on the record

Every job cut, severance charge and restructuring Civitas Resources reported in its annual reports, 2022 to 2024, quoted from the filings.

Job cuts, severance and restructuring

Our summaryMerger transaction costs included severance payments associated with merger activity. for the years ended December 31, 2022 and 2021 · Cost: $7.5 million and $1.6 million of severance payments
Word for word“Merger transaction costs include $7.5 million and $1.6 million of severance payments associated with merger activity for the years ended December 31, 2022 and 2021, respectively.” 10-K for 2022
Our summaryCompany entered into a Severance, Release and Consulting Agreement with Eric T. Greager. dated January 31, 2022
Word for word“10.40 Severance, Release and Consulting Agreement, dated January 31, 2022, by and between Civitas Resources, Inc. and Eric T. Greager (incorporated by reference to Exhibit 10.2 to Civitas Resources, Inc.’s Current Report on Form 8-K filed on February 1, 2022).” 10-K for 2022
Our summaryCompany entered into a Severance and Release Agreement with Dean Tinsley. dated as of July 22, 2022
Word for word“10.41* Severance and Release Agreement, dated as of July 22, 2022, by and between Civitas Resources, Inc. and Dean Tinsley (incorporated by reference to Exhibit 10.1 to Civitas Resources, Inc.’s Current Report on Form 8-K filed on July 25, 2022).” 10-K for 2022
Our summaryThe filing lists a Severance and Release Agreement with Matthew R. Owens, an individual executive exhibit, but describes no company-wide layoff or workforce reduction. dated as of May 31, 2023
Word for word“10.43 * Severance and Release Agreement, dated as of May 31, 2023, by and between Civitas Resources, Inc. and Matthew R. Owens (incorporated by reference to Exhibit 10.1 to Civitas Resources, Inc.'s Current Report on Form 8-K filed on June 5, 2023).” 10-K for 2023

Civitas Resources has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from Civitas Resources’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.