# Civitas Resources

**Source:** https://www.startuphub.ai/startups/civitas-resources
**Profile type:** Startup

> Independent oil and gas producer focused on DJ and Permian Basins, emphasizing ESG and capital discipline.

## About

Civitas Resources is an independent exploration and production company focused on acquiring, developing, and producing crude oil and natural gas. The company operates primarily in the Denver-Julesburg (DJ) Basin and the Permian Basin, with a business model centered on capital discipline and strong balance sheets.

## Key facts

- **Slug:** civitas-resources
- **Website:** https://sm-energy.com
- **Location:** Denver, United States
- **Founded:** 2021-11-01
- **Employees:** 287
- **Operating status:** Active
- **Total funding:** $4.5B
- **Sectors / tags:** Oil & Gas Exploration, Energy Production, Permian Basin, DJ Basin, ESG, Capital Discipline, Crude Oil, Natural Gas, Energy Infrastructure
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/civitasresources
  - Twitter: https://twitter.com/Civitas_Res
  - Facebook: https://www.facebook.com/civitasresources

## Frequently asked

### What does Civitas Resources do?

Civitas Resources is an independent exploration and production company focused on acquiring, developing, and producing crude oil and natural gas. The company operates primarily in the Denver-Julesburg (DJ) Basin and the Permian Basin, with a business model centered on capital discipline and strong balance sheets.

### What is Civitas Resources's valuation?

StartupHub estimates Civitas Resources's effective valuation at $16.3B (range $11.3B to $27.0B, 12% confidence), based on comparable companies in the sector.

### How much funding has Civitas Resources raised?

Civitas Resources has raised a total of $4.5B in funding.

### Where is Civitas Resources headquartered?

Civitas Resources is headquartered in Denver, United States.

### When was Civitas Resources founded?

Civitas Resources was founded in 2021.

### What industry does Civitas Resources operate in?

Civitas Resources operates in Oil & Gas Exploration, Energy Production, Permian Basin, DJ Basin, ESG, Capital Discipline.

### How many employees does Civitas Resources have?

Civitas Resources has approximately 287 people on record.

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