CIVI - NYSE
Civitas Resources, Inc.
$27.38
-1.4%Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. As of December 31,2021, it had proved reserves 397.7 MMBoe comprising 143.6 MMbbls of crude oil, 106.0 MMbbls of natural gas liquids, and 888.5 Bcf of natural gas. The company was formerly known as Bonanza Creek Energy, Inc. Civitas Resources, Inc. was founded in 1999 and is based in Denver, Colorado.
At a Glance
Live SnapshotCivitas Resources, Inc. Fair Value Envelope
Owner Earnings Valuation Tool
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DCF Valuation Summary
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $3.5B | $4.3B | $5.2B | $6.4B | $7.8B | $9.5B | $11.6B | $14.2B | $17.3B | $21.1B |
| Maintenance CapEx | -$481.6M | -$588.2M | -$718.3M | -$877.2M | -$1.1B | -$1.3B | -$1.6B | -$2.0B | -$2.4B | -$2.9B |
| Owner Earnings | $3.0B | $3.7B | $4.5B | $5.5B | $6.7B | $8.2B | $10.0B | $12.2B | $14.9B | $18.2B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $2.8B | $3.2B | $3.6B | $4.0B | $4.6B | $5.2B | $5.8B | $6.6B | $7.5B | $8.4B |
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