CIVI · As filed with the SEC

Civitas Resources balance sheet, by quarter

The statement as Civitas Resources presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) · USD millions

USD millions	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024
ASSETS
Current assets:
Cash and cash equivalents	56	69	20	75.83
Accounts receivable, net:
Crude oil, natural gas, and NGL sales	523	587	573	646.29
Joint interest and other	113	138	142	125.05
Derivative assets	169	174	135	66.52
Escrow Deposit	—	—	—	0
Prepaid expenses and other	84	82	74	74.64
Total current assets	945	1,050	944	988.32
Property and equipment (successful efforts method):
Proved properties	18,924	18,328	17,660	16,897.07
Less: accumulated depreciation, depletion, and amortization	(5,663)	(5,212)	(4,721)	(4,287.75)
Total proved properties, net	13,261	13,116	12,939	12,609.32
Unproved properties	318	462	589	630.73
Wells in progress	375	543	580	505.56
Other property and equipment, net of accumulated depreciation of $10 million in 2025 and $9 million in 2024	55	57	49	48.76
Total property and equipment, net	14,009	14,178	14,157	13,794.36
Derivative assets	2	12	57	17.04
Other noncurrent assets	155	163	172	144.41
Total assets	15,111	15,403	15,330	14,944.12
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable and accrued expenses	623	622	597	560.89
Severance and ad valorem taxes payable	291	283	330	322.98
Crude oil, natural gas, and NGL revenue distribution payable	646	610	668	702.13
Derivative liability	17	39	78	22.18
Deferred acquisition consideration	0	0	0	478.75
Other liabilities	118	129	131	118.17
Total current liabilities	1,695	1,683	1,804	2,205.09
Long-term liabilities:
Debt, net	—	—	—	4,493.53
Debt, net	5,139	5,388	5,096	—
Ad valorem taxes	149	129	332	294.06
Derivative liability	8	15	19	13.02
Deferred income tax liabilities, net	955	891	856	800.55
Asset retirement obligations	365	384	393	399.00
Other long-term liabilities	115	119	125	110.12
Total liabilities	8,426	8,609	8,625	8,315.37
Stockholders’ equity:
Preferred stock, $.01 par value, 25,000,000 shares authorized, none outstanding	0	0	0	0
Common stock, $.01 par value, 225,000,000 shares authorized, 85,293,095 and 93,933,857 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively	5	5	5	5.01
Additional paid-in capital	4,639	5,030	5,019	5,095.30
Retained earnings	2,041	1,759	1,681	1,528.44
Total stockholders’ equity	6,685	6,794	6,705	6,628.75
Total liabilities and stockholders’ equity	15,111	15,403	15,330	14,944.12

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.