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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)




SCHEDULE 13D/A 0001104659-21-138202 0001283718 XXXXXXXX LIVE 4 Common Stock, par value $0.01 11/06/2025 false 0001509589 17888H103 Civitas Resources, Inc. 555 17th Street, Suite 3700 Denver CO 80202 Pierre Abinakle, CPPIB 416-868-4075 CPPIB Crestone Peak Resources Canada Inc One Queen Street East, Suite 2500 Toronto, Ontario Z4 M5C 2W5 0001283718 N Canada Pension Plan Investment Board OO N Z4 0.00 9524201.00 0.00 9524201.00 9524201.00 N 11.2 CO For rows 8, 10 and 11, number represents the amount of shares of Common Stock of the issuer directly held by CPPIB Crestone Peak Resources Canada Inc., a wholly-owned subsidiary of Canada Pension Plan Investment Board. For row 13, percentage is calculated based on 85,303,179 shares of Common Stock of the issuer outstanding as of November 6, 2025, as reported in the issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 6, 2025. 0001891248 N CPPIB Crestone Peak Resources Canada Inc. OO N Z4 0.00 9524201.00 0.00 9524201.00 9524201.00 N 11.2 CO For rows 8, 10 and 11, number represents the amount of shares of Common Stock of the issuer directly held by CPPIB Crestone Peak Resources Canada Inc., a wholly-owned subsidiary of Canada Pension Plan Investment Board. For row 13, percentage is calculated based on 85,303,179 shares of Common Stock of the issuer outstanding as of November 6, 2025, as reported in the issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 6, 2025. Common Stock, par value $0.01 Civitas Resources, Inc. 555 17th Street, Suite 3700 Denver CO 80202 This Schedule 13D is being filed by (a) Canada Pension Plan Investment Board and its wholly-owned subsidiary, CPPIB Crestone Peak Resources Canada Inc. (together with Canada Pension Plan Investment Board, the "Reporting Persons"). The directors and the executive officers of the Reporting Persons (the "Covered Persons") are set forth in Schedule I of Exhibit 99.1 hereto, which is incorporated herein by reference. The business address for each of the Reporting Persons is c/o Canada Pension Plan Investment Board, One Queen Street East, Suite 2500, Toronto, ON M5C 2W5 Canada. The business address of each Covered Person is set forth in Schedule I of Exhibit 99.1 hereto, which is incorporated herein by reference. The principal business of Canada Pension Plan Investment Board is investing the Canada Pension Plan fund. The principal business of CPPIB Crestone Peak Resources Canada Inc. is an investment holding company. Each Covered Person's present principal occupation is set forth in Schedule I of Exhibit 99.1 hereto, which is incorporated herein by reference. During the last five years, none of the Reporting Persons or, to the Reporting Persons' knowledge, any of the Covered Persons has been convicted in any criminal proceeding (excluding traffic violations or similar misdemeanors). During the last five years, none of the Reporting Persons or, to the Reporting Persons' knowledge, any of the Covered Persons was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. Each of the Reporting Persons is organized under the laws of Canada. Each Covered Person's citizenship is set forth in Schedule I of Exhibit 99.1 hereto, which is incorporated herein by reference. The Reporting Persons beneficially own 9,524,201 shares of Common Stock of the issuer ("Shares"), representing 11.2% of the outstanding Shares. Such 9,524,201 Shares are directly held by CPPIB Crestone Peak Resources Canada Inc., a wholly-owned subsidiary of Canada Pension Plan Investment Board, and as such, the Reporting Persons may be deemed to have shared voting power and dispositive power with respect to such 9,524,201 Shares. The aforementioned 11.2% percentage is calculated based on 85,303,179 Shares outstanding as of November 6, 2025, as reported in the issuer's quarterly report on Form 10-Q filed with the Securities and Exchange Commission on November 6, 2025. This Amendment No. 4 is being filed due to an increase in the total percentage of outstanding Shares beneficially owned by the Reporting Persons. The total number of Shares beneficially owned by the Reporting Persons has not changed since the Reporting Persons filed Amendment No. 3 of the Schedule 13D on May 20, 2024. The information set forth in Item 5(a) of this Schedule 13D is hereby incorporated herein by reference. None of the Reporting Persons nor, to the Reporting Persons' knowledge, any of the Covered Persons, has effected any transaction during the past 60 days in any Shares. Exhibit 99.1 List of Covered Persons Exhibit 99.2 Power of Attorney of Canada Pension Plan Investment Board Canada Pension Plan Investment Board /s/ Pierre Abinakle Pierre Abinakle / Managing Director, Head of Compliance 11/10/2025 CPPIB Crestone Peak Resources Canada Inc. /s/ Brian Savage Brian Savage / Secretary 11/10/2025 Exhibit 99.2 Power of Attorney of Canada Pension Plan Investment Board