Gerasimov174/iStock via Getty Images Investment Thesis Civitas Resources, Inc. (NYSE:CIVI) reported the acquisitions of Vencer, Hibernia, and Tap Rock, which I think could accelerate future crude oil production in the coming quarters. Besides, with 2024 exploration expense of $15-$20 million and capital expenditures of $1.8-$2.1 billion expected in 2024, I would be expecting new reserves and production capacity increase. I think that investors did not take into account the total number of shares repurchased ...