Civitas Resources, Inc.

Equities

CIVI

US17888H1032

Oil & Gas Exploration and Production

Market Closed - Nyse Other stock markets 04:00:02 2024-04-24 pm EDT			5-day change	1st Jan Change
73.56 ^USD	+0.37%		-0.55%	+7.58%

Apr. 22	KeyBanc Adjusts Price Target on Civitas Resources to $94 From $89, Maintains Overweight Rating	MT
Mar. 19	Mizuho Securities Raises Civitas Resources' Price Target to $90 From $86, Maintains Buy Rating	MT

Civitas Resources, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022

August 03, 2022 at 05:17 pm EDT

Civitas Resources, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was USD 468.82 million compared to net loss of USD 25.32 million a year ago. Basic earnings per share from continuing operations was USD 5.52 compared to basic loss per share from continuing operations of USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 5.48 compared to diluted loss per share from continuing operations of USD 0.83 a year ago.
For the six months, net income was USD 560.46 million compared to net loss of USD 25.44 million a year ago. Basic earnings per share from continuing operations was USD 6.6 compared to basic loss per share from continuing operations of USD 0.99 a year ago. Diluted earnings per share from continuing operations was USD 6.56 compared to diluted loss per share from continuing operations of USD 0.99 a year ago.

Latest news about Civitas Resources, Inc.

KeyBanc Adjusts Price Target on Civitas Resources to $94 From $89, Maintains Overweight Rating	Apr. 22	MT
Mizuho Securities Raises Civitas Resources' Price Target to $90 From $86, Maintains Buy Rating	Mar. 19	MT
Piper Sandler Adjusts Civitas Resources' Price Target to $103 From $92, Maintains Overweight Rating	Mar. 07	MT
Truist Securities Adjusts Price Target on Civitas Resources to $110 From $107, Maintains Buy Rating	Mar. 04	MT
Transcript : Civitas Resources, Inc., Q4 2023 Earnings Call, Feb 28, 2024	Feb. 28
Civitas Resources Q4 Earnings Fall, Revenue Rises; to Repurchase Shares From NGP	Feb. 27	MT
Tranche Update on Civitas Resources, Inc.'s Equity Buyback Plan announced on February 22, 2023.	Feb. 27	CI
Civitas Resources, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 27	CI
Civitas Resources, Inc. Approves Quarterly Dividend, Payable on March 28, 2024	Feb. 27	CI
Civitas Resources, Inc. Provides Production Guidance for the Year 2024	Feb. 27	CI
Civitas Resources, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	Feb. 27	CI
KeyBanc Cuts Price Target on Civitas Resources to $89 From $96 Amid 'More Muted Commodity Price Outlook,' Keeps Overweight Rating	Jan. 11	MT
North American Morning Briefing : S&P 500 Futures -2-	Jan. 04	DJ
Mizuho Securities Upgrades Civitas Resources to Buy From Neutral, Cuts Price Target to $86 From $96	Jan. 03	MT
Civitas Resources Files Prospectus for Resale of 7.2 Million Shares by Selling Stockholder	Jan. 03	MT
Civitas Resources Closes Acquisition of Vencer Energy Assets	Jan. 02	MT
Civitas Resources, Inc. completed the acquisition of Certain oil and gas assets in the Midland basin in Texas from Vencer Energy, LLC.	Jan. 01	CI
Guggenheim oil and gas bankers leave for Moelis after mega-deal miss -sources	Dec. 14	RE
M&A deals in Permian basin exceeds $100 billion in 2023 - WoodMac	Dec. 11	RE
Civitas Resources, Inc. Announces Executive Changes	Nov. 29	CI
Transcript : Civitas Resources, Inc., Q3 2023 Earnings Call, Nov 08, 2023	Nov. 08
Tranche Update on Civitas Resources, Inc.'s Equity Buyback Plan announced on February 22, 2023.	Nov. 07	CI
Civitas Resources, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 07	CI
Civitas Resources Q3 Earnings Fall, Revenue Rises	Nov. 07	MT
Civitas Resources Seeks Acquisitions	Nov. 07	CI

Chart Civitas Resources, Inc.

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Company Profile

Civitas Resources, Inc. is an independent, domestic oil and gas producer focused on development of its assets in the Denver-Julesburg (DJ) and Permian Basins. The Companyâs operations are focused along the Denver-Julesburg (DJ), Delaware and Midland Basins. Its development facilities are located in counties across the Front Range of northern and central Colorado, as well as Southeastern New Mexico and West Texas. Its acreage position in the DJ Basin is about 453,600 net acres and, in the Permian Basin, it is about 68,500 net acres. The Company has a total production of about 280,000 barrels of oil equivalent (BOE).

Sector

Oil & Gas Exploration and Production

Calendar

2024-05-01 - Q1 2024 Earnings Release

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Russell 2000

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Ratings for Civitas Resources, Inc.

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

73.29 USD

Average target price

93.42 USD

Spread / Average Target

+27.47%

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Company calendar

Sector Oil Exploration & Production - Onshore

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Oil Exploration & Production - Onshore