0001104659-24-026176.txt : 20240221 0001104659-24-026176.hdr.sgml : 20240221 20240221192529 ACCESSION NUMBER: 0001104659-24-026176 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240219 FILED AS OF DATE: 20240221 DATE AS OF CHANGE: 20240221 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Counts Travis L CENTRAL INDEX KEY: 0001706713 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35371 FILM NUMBER: 24661764 MAIL ADDRESS: STREET 1: 555 17TH STREET STREET 2: SUITE 3700 CITY: DENVER STATE: CO ZIP: 80202 FORMER NAME: FORMER CONFORMED NAME: MORICE ROSEMARY DATE OF NAME CHANGE: 20220802 FORMER NAME: FORMER CONFORMED NAME: Counts Travis DATE OF NAME CHANGE: 20170515 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: CIVITAS RESOURCES, INC. CENTRAL INDEX KEY: 0001509589 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 611630631 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 555 - 17TH STREET, SUITE 3700 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: 303-293-9100 MAIL ADDRESS: STREET 1: 555 - 17TH STREET, SUITE 3700 CITY: DENVER STATE: CO ZIP: 80202 FORMER COMPANY: FORMER CONFORMED NAME: Bonanza Creek Energy, Inc. DATE OF NAME CHANGE: 20110106 4 1 tm246836-2_4seq1.xml OWNERSHIP DOCUMENT X0508 4 2024-02-19 0 0001509589 CIVITAS RESOURCES, INC. CIVI 0001706713 Counts Travis L 555 - 17TH STREET, SUITE 3700 DENVER CO 80202 0 1 0 0 Chief Administrative Officer 0 Common Stock 2024-02-19 4 A 0 11262 0.0000 A 48175 D Performance Shares 2024-02-19 4 A 0 26278 0.0000 A 2026-12-31 Common Stock 26278 26278 D The restricted stock units are scheduled to vest in three equal installments on February 19, 2025, February 19, 2026, and February 19, 2027. The number of performance stock units that could be earned and vest under this grant depend on the Issuer's absolute total shareholder return over the performance period beginning on January 1, 2024 and ending on December 31, 2026. The actual number of shares that may vest ranges from zero to 225% of the target number of shares. By: Rosemary Morice, Attorney-in-Fact for Travis L. Counts 2024-02-21 EX-24 2 tm246836d2_ex24.htm EXHIBIT 24

Exhibit 24

POWER OF ATTORNEY

Know all by these presents, that the undersigned hereby constitutes and appoints each of Adrian Milton, Geoffrey Storm, and Rosemary Morice, signing singly, and with full power of substitution, the undersigned's true and lawful attorney-in-fact to:

(1)          prepare, execute in the undersigned's name and on the undersigned's behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the SEC of reports required by Section 16(a) of the Securities Exchange Act of 1934 (the "Exchange Act") or any rule or regulation of the SEC;

(2)          execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of Civitas Resources, Inc. (the "Company"), Forms 3, 4 and 5 in accordance with Section 16(a) of the Exchange Act and the rules thereunder;

(3)          do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4 or 5, complete and execute any amendment or amendments thereto, and timely file such form with the SEC and any stock exchange or similar authority; and

(4)          take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4, and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of February 21, 2024.

	/s/ Travis L. Counts
	Travis L. Counts