<SEC-DOCUMENT>0000899243-21-042564.txt : 20211102
<SEC-HEADER>0000899243-21-042564.hdr.sgml : 20211102
<ACCEPTANCE-DATETIME>20211102211134
ACCESSION NUMBER:		0000899243-21-042564
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20211101
FILED AS OF DATE:		20211102
DATE AS OF CHANGE:		20211102

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Foschi Marianella
		CENTRAL INDEX KEY:			0001787341

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35371
		FILM NUMBER:		211373404

	MAIL ADDRESS:	
		STREET 1:		CIVITAS RESOURCES, INC.
		STREET 2:		410 - 17TH STREET, SUITE 1400
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CIVITAS RESOURCES, INC.
		CENTRAL INDEX KEY:			0001509589
		STANDARD INDUSTRIAL CLASSIFICATION:	CRUDE PETROLEUM & NATURAL GAS [1311]
		IRS NUMBER:				611630631
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		410 17TH STREET, SUITE 1400
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202
		BUSINESS PHONE:		720-440-6100

	MAIL ADDRESS:	
		STREET 1:		410 17TH STREET, SUITE 1400
		CITY:			DENVER
		STATE:			CO
		ZIP:			80202

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Bonanza Creek Energy, Inc.
		DATE OF NAME CHANGE:	20110106
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>FORM 4 SUBMISSION
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        <issuerName>CIVITAS RESOURCES, INC.</issuerName>
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            <rptOwnerName>Foschi Marianella</rptOwnerName>
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            <rptOwnerZipCode>80202</rptOwnerZipCode>
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            <isTenPercentOwner>0</isTenPercentOwner>
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            <officerTitle>Chief Financial Officer</officerTitle>
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    <footnotes>
        <footnote id="F1">Represents restricted stock units (&quot;RSUs&quot;) that settle in shares of Civitas Resources, Inc. (the &quot;Issuer&quot;) common stock received in exchange for RSUs that settled in shares of Extraction Oil &amp; Gas, Inc. (&quot;Extraction&quot;) common stock in connection with the consummation of the transaction (the &quot;Merger&quot;) contemplated in that certain agreement and plan of merger (the &quot;Merger Agreement&quot;) by and between Bonanza Creek Energy, Inc., Raptor Eagle Merger Sub, Inc. and Extraction, dated as of May 9, 2021. Pursuant to the Merger Agreement, the outstanding Extraction RSUs immediately prior to the effective time of the Merger were assumed by the Issuer and converted into a number of RSUs with respect to shares of Issuer common stock equal to the product of the outstanding Extraction RSUs multiplied by 1.1711 and rounded to the nearest number of whole shares. Each RSU represents a contingent right to receive one share of Issuer common stock.</footnote>
        <footnote id="F2">(Continued from footnote 1) The RSUs vest ratably over three years on January 20, 2022, January 20, 2023 and January 20, 2024, subject to continued service through each vesting date and will be settled in shares of Issuer common stock.</footnote>
        <footnote id="F3">Represents Tranche A warrants (&quot;Tranche A Warrants&quot;) of the Issuer received in exchange for Tranche A warrants of Extraction in connection with the Merger. Pursuant to the Merger Agreement, the outstanding Tranche A warrants of Extraction immediately prior to the effective time of the Merger were assumed by the Issuer and converted into a number of Tranche A Warrants equal to the product of the outstanding Tranche A warrants of Extraction multiplied by 1.1711 and rounded down to the nearest number. The Tranche A Warrants are exercisable for one share of common stock of the Issuer from the date of issuance until 5:00 p.m., New York time, on the expiration date.</footnote>
        <footnote id="F4">Represents Tranche B warrants (&quot;Tranche B Warrants&quot;) of the Issuer received in exchange for Tranche B warrants of Extraction in connection with the Merger. Pursuant to the Merger Agreement, the outstanding Tranche B warrants of Extraction immediately prior to the effective time of the Merger were assumed by the Issuer and converted into a number of Tranche B Warrants equal to the product of the outstanding Tranche B warrants of Extraction multiplied by 1.1711 and rounded down to the nearest number. The Tranche B Warrants are exercisable for one share of common stock of the Issuer from the date of issuance until 5:00 p.m., New York time, on the expiration date.</footnote>
        <footnote id="F5">Each performance unit (&quot;PSU&quot;) represents a contingent right to receive one share of Issuer common stock.</footnote>
        <footnote id="F6">Represents PSUs that settle in shares of Issuer common stock received in exchange for 42,300 PSUs that settled in shares of Extraction common stock in connection with consummation of the Merger. The PSUs will vest upon the achievement by the Issuer of certain goals pertaining to absolute total stockholder return, subject to continued service through January 20, 2024.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>By: Jennifer Stoldt, attorney-in-fact for Marianella Foschi</signatureName>
        <signatureDate>2021-11-02</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
