Summary Civitas Resources, Inc. is a strong buy due to its aggressive M&A strategy, attractive valuation multiples, and substantial free cash yield. The company is leveraging its DJ and Permian Basin assets, focusing on cost reduction and production efficiency, with significant shareholder returns. Civitas Resources' hedging strategy ensures cash flow stability amidst commodity price fluctuations, aiding in rapid debt reduction and potential share buybacks. Investors with modest risk tolerance should consider CIVI for capital appreciation and exceptional free cash yield at current prices. georgeclerk/E+ via Getty Images Introduction It's not surprising to me that the E&P universe was so ripe for consolidation, beginning a couple of years ago. Over the past couple of years, a couple