Civitas Resources (CIVI) CEO Chris Doyle and the leadership team look forward to turning the page to 2025 following a challenging 2024, KeyBanc tells investors in a research note. The firm believes concerns on the 2025 oil production outlook and Permian integration are overblown, and that concerns on the Colorado regulatory outlook and deleveraging are “explainable” and will not persist. KeyBanc has an Overweight rating and $84 price target on the shares.
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