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CIVI – Civitas Resources Inc

Compliant

The company is Shariah Compliant, according to AAOIFI methodology.

Civitas Resources, Inc. is an independent exploration and production company. The Company is focused on the acquisition, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region, primarily in the Denver-Julesburg Basin of Colorado (the DJ Basin). The Company has interests in a total of 3,702 gross producing wells, of which 3,116 were horizontal. The Company also has total acreage position consisting of approximately 826,500 gross (525,900 net) acres. The Company’s midstream assets provide reliable gathering, treating, and storage for the Company’s operated production.

AAOIFI ✓

Debt ÷ Market cap (MC)7.13
Non-Compliant Assets ÷ MC