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Energy - Oil & Gas Exploration & Production - NYSE - US
$ 51.18
-0.929 %
$ 4.94 B
Market Cap
5.02
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one CIVI stock under the base case scenario is HIDDEN Compared to the current market price of 51.2 USD, Civitas Resources, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CIVI

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FINANCIALS
3.48 B REVENUE
-8.23%
2.4 B OPERATING INCOME
17.37%
784 M NET INCOME
-37.16%
2.24 B OPERATING CASH FLOW
-9.62%
-5.24 B INVESTING CASH FLOW
-301.44%
3.36 B FINANCING CASH FLOW
611.60%
1.27 B REVENUE
-3.10%
670 K OPERATING INCOME
-99.83%
296 M NET INCOME
36.95%
835 M OPERATING CASH FLOW
132.23%
-598 M INVESTING CASH FLOW
-22.01%
-282 M FINANCING CASH FLOW
-165.92%
Balance Sheet Decomposition Civitas Resources, Inc.
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Current Assets 2.14 B
Cash & Short-Term Investments 1.12 B
Receivables 753 M
Other Current Assets 266 M
Non-Current Assets 12 B
Long-Term Investments 0
PP&E 11.9 B
Other Non-Current Assets 38.1 M
Current Liabilities 1.85 B
Accounts Payable 822 M
Short-Term Debt 126 M
Other Current Liabilities 904 M
Non-Current Liabilities 6.06 B
Long-Term Debt 4.84 B
Other Non-Current Liabilities 1.23 B
EFFICIENCY
Earnings Waterfall Civitas Resources, Inc.
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Revenue 3.48 B
Cost Of Revenue 914 M
Gross Profit 2.57 B
Operating Expenses 163 M
Operating Income 2.4 B
Other Expenses 1.62 B
Net Income 784 M
RATIOS
73.74% GROSS MARGIN
73.74%
69.05% OPERATING MARGIN
69.05%
22.54% NET MARGIN
22.54%
12.69% ROE
12.69%
5.56% ROA
5.56%
17.19% ROIC
17.19%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Civitas Resources, Inc.
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Net Income 784 M
Depreciation & Amortization 1.17 B
Capital Expenditures -1.51 B
Stock-Based Compensation 34.9 M
Change in Working Capital 106 M
Others -83.2 M
Free Cash Flow 730 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Civitas Resources, Inc.
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Wall Street analysts predict an average 1-year price target for CIVI of $88 , with forecasts ranging from a low of $60 to a high of $105 .
CIVI Lowest Price Target Wall Street Target
60 USD 17.23%
CIVI Average Price Target Wall Street Target
88 USD 71.94%
CIVI Highest Price Target Wall Street Target
105 USD 105.16%
4. DIVIDEND ANALYSIS
3.00% DIVIDEND YIELD
0.5 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Civitas Resources, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
509 M USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
6 months ago
May 15, 2024
Sell 509 M USD
CANADA PENSION PLAN INVESTMENT BOARD
10 percent owner
- 6956520
73.22 USD
1 year ago
Jul 19, 2023
Sell 232 M USD
Kimmeridge Energy Management Company, LLC
10 percent owner
- 3296475
70.5 USD
1 year ago
May 05, 2023
Bought 466 K USD
Counts Travis L
Chief Legal Officer & Sec.
+ 6835
68.1969 USD
1 year ago
Jan 27, 2023
Sell 300 M USD
CANADA PENSION PLAN INVESTMENT BOARD
Director
- 4918032
61 USD
2 years ago
Sep 13, 2022
Sell 124 K USD
Garbiso Sandra
CAO and Treasurer
- 1900
65 USD
2 years ago
Sep 12, 2022
Bought 234 K USD
Counts Travis L
Chief Legal Officer & Sec.
+ 3556
65.9367 USD
2 years ago
Aug 09, 2022
Bought 59.5 USD
DOYLE M. CHRISTOPHER
President & CEO
+ 1
59.46 USD
2 years ago
Mar 18, 2022
Sell 362 K USD
Cain Brian
Chief Sustainability Officer
- 6436
56.3 USD
2 years ago
Mar 10, 2022
Sell 205 K USD
Tinsley Dean
SVP, Operations
- 3609
56.9072 USD
2 years ago
Mar 10, 2022
Sell 56.9 K USD
Tinsley Dean
SVP, Operations
- 1000
56.8716 USD
2 years ago
Mar 07, 2022
Sell 57 K USD
DeMuth Brant
Former EVP and CFO
- 1000
56.97 USD
2 years ago
Mar 02, 2022
Sell 145 K USD
DeMuth Brant
Former EVP and CFO
- 2500
57.81 USD
2 years ago
Jan 11, 2022
Sell 203 K USD
Keglevic Paul
Director
- 3574
56.9379 USD
3 years ago
Nov 02, 2021
Bought 1.34 M USD
CANADA PENSION PLAN INVESTMENT BOARD
10 percent owner
+ 24166
55.4221 USD
3 years ago
Nov 15, 2021
Sell 392 K USD
MARTER IV CYRUS D
General Counsel & Secretary
- 7000
56 USD
3 years ago
Nov 15, 2021
Sell 283 K USD
MARTER IV CYRUS D
General Counsel & Secretary
- 5000
56.6371 USD
3 years ago
Nov 08, 2021
Sell 237 K USD
Tinsley Dean
SVP, Operations
- 4000
59.3 USD
3 years ago
Nov 02, 2021
Bought 1.34 M USD
CANADA PENSION PLAN INVESTMENT BOARD
10 percent owner
+ 24166
55.4221 USD
3 years ago
Sep 23, 2021
Sell 219 K USD
Garbiso Sandra
Vice President and CAO
- 4871
45 USD
3 years ago
Sep 08, 2021
Sell 73.2 K USD
DeMuth Brant
EVP & Chief Financial Officer
- 1700
43.0534 USD
3 years ago
Sep 08, 2021
Sell 437 K USD
Keglevic Paul
Director
- 10223
42.7804 USD
3 years ago
Jun 09, 2021
Sell 140 K USD
DeMuth Brant
EVP & Chief Financial Officer
- 2911
48.1676 USD
3 years ago
Jun 10, 2021
Sell 140 K USD
DeMuth Brant
EVP & Chief Financial Officer
- 2914
48.2007 USD
3 years ago
May 12, 2021
Sell 136 K USD
DeMuth Brant
EVP & Chief Financial Officer
- 3315
41.01 USD
3 years ago
May 13, 2021
Sell 118 K USD
DeMuth Brant
EVP & Chief Financial Officer
- 3000
39.287 USD
3 years ago
Mar 08, 2021
Sell 76.1 K USD
Tinsley Dean
SVP, Operations
- 1992
38.1966 USD
4 years ago
Nov 21, 2019
Bought 50.4 K USD
DeMuth Brant
EVP & Chief Financial Officer
+ 3000
16.8 USD
5 years ago
Aug 14, 2019
Sell 61.9 K USD
Garbiso Sandra
Vice President and CAO
- 2813
21.99 USD
5 years ago
Dec 19, 2018
Sell 1.25 M USD
NARDELLA BRUCE F.
President and CEO
- 71393
17.5751 USD
5 years ago
Dec 17, 2018
Sell 28.8 K USD
COHEN JEFFREY MICHAEL
Chief Information Officer
- 2000
14.39 USD
5 years ago
Dec 03, 2018
Sell 15.1 K USD
Garbiso Sandra
Vice President and CAO
- 551
27.481 USD
6 years ago
Oct 05, 2018
Sell 39.2 K USD
NARDELLA BRUCE F.
President and CEO
- 2300
17.05 USD
6 years ago
Oct 01, 2018
Sell 29.5 K USD
COHEN JEFFREY MICHAEL
Chief Information Officer
- 2000
14.73 USD
6 years ago
Aug 08, 2018
Sell 43 K USD
NARDELLA BRUCE F.
President and CEO
- 2568
16.75 USD
6 years ago
Aug 02, 2018
Sell 68.5 K USD
NARDELLA BRUCE F.
President and CEO
- 4085
16.78 USD
6 years ago
Aug 03, 2018
Sell 8.38 K USD
NARDELLA BRUCE F.
President and CEO
- 500
16.75 USD
6 years ago
Jul 09, 2018
Sell 36.1 K USD
NARDELLA BRUCE F.
President and CEO
- 2149
16.79 USD
6 years ago
Jul 05, 2018
Sell 150 K USD
NARDELLA BRUCE F.
President and CEO
- 8868
16.89 USD
6 years ago
Jul 06, 2018
Sell 52.9 K USD
NARDELLA BRUCE F.
President and CEO
- 3137
16.87 USD
6 years ago
Jul 02, 2018
Sell 33 K USD
COHEN JEFFREY MICHAEL
Chief Information Officer
- 2039
16.2 USD
6 years ago
May 18, 2018
Sell 55.6 K USD
PETERSEN DAVID M.
Redwood Op. Group President
- 3614
15.38 USD
6 years ago
Dec 12, 2017
Sell 242 K USD
HOLLER DENIS M.
Chief Financial Officer
- 12238
19.75 USD
6 years ago
Dec 07, 2017
Sell 94 K USD
DE RENZO LINDA
* See Remarks
- 5000
18.81 USD
6 years ago
Dec 04, 2017
Sell 11.7 K USD
COHEN JEFFREY MICHAEL
Chief Information Officer
- 600
19.45 USD
6 years ago
Nov 30, 2017
Sell 1.96 K USD
HOLLER DENIS M.
Chief Financial Officer
- 100
19.6 USD
6 years ago
Nov 28, 2017
Sell 65.4 K USD
HOLLER DENIS M.
Chief Financial Officer
- 3325
19.67 USD
6 years ago
Nov 29, 2017
Sell 74.9 K USD
HOLLER DENIS M.
Chief Financial Officer
- 3823
19.6 USD
6 years ago
Nov 22, 2017
Sell 17.9 K USD
HOLLER DENIS M.
Chief Financial Officer
- 911
19.63 USD
7 years ago
Nov 15, 2017
Sell 9.48 M USD
WHITEBOX ADVISORS LLC
10 percent owner
- 300000
31.59 USD
7 years ago
Nov 16, 2017
Sell 3.23 M USD
WHITEBOX ADVISORS LLC
10 percent owner
- 100000
32.304 USD
7 years ago
Nov 17, 2017
Sell 3.3 M USD
WHITEBOX ADVISORS LLC
10 percent owner
- 100000
32.9788 USD
7 years ago
Nov 15, 2017
Sell 654 USD
DE RENZO LINDA
* See Remarks
- 35
18.7 USD
7 years ago
Nov 16, 2017
Sell 2.06 K USD
DE RENZO LINDA
* See Remarks
- 110
18.7 USD
7 years ago
Nov 10, 2017
Sell 32.3 K USD
DE RENZO LINDA
* See Remarks
- 1722
18.73 USD
7 years ago
Nov 13, 2017
Sell 45.6 K USD
DE RENZO LINDA
* See Remarks
- 2433
18.76 USD
7 years ago
Nov 07, 2017
Sell 13.2 K USD
DE RENZO LINDA
* See Remarks
- 700
18.8 USD
7 years ago
Oct 26, 2017
Sell 9.35 K USD
DE RENZO LINDA
* See Remarks
- 500
18.7 USD
7 years ago
Oct 27, 2017
Sell 71.4 K USD
DE RENZO LINDA
* See Remarks
- 3783
18.88 USD
7 years ago
Oct 11, 2017
Sell 11.5 K USD
DE RENZO LINDA
* See Remarks
- 617
18.7 USD
7 years ago
Oct 09, 2017
Sell 1.87 K USD
DE RENZO LINDA
* See Remarks
- 100
18.7 USD
7 years ago
Oct 04, 2017
Sell 58.8 USD
HOLLER DENIS M.
Chief Financial Officer
- 3
19.6 USD
7 years ago
Oct 02, 2017
Sell 1.96 K USD
HOLLER DENIS M.
Chief Financial Officer
- 100
19.6 USD
7 years ago
Oct 03, 2017
Sell 88.3 K USD
HOLLER DENIS M.
Chief Financial Officer
- 4500
19.63 USD
7 years ago
Sep 22, 2017
Sell 19 K USD
MORRISSEY GERALD J. JR.
Chief Quality Officer
- 1000
18.95 USD
7 years ago
Oct 02, 2017
Sell 19.5 K USD
MORRISSEY GERALD J. JR.
Chief Quality Officer
- 1000
19.5 USD
7 years ago
Sep 21, 2017
Sell 10.1 K USD
HOLLER DENIS M.
Chief Financial Officer
- 528
19.1 USD
7 years ago
Sep 18, 2017
Sell 9.18 K USD
COHEN JEFFREY MICHAEL
Chief Information Officer
- 500
18.35 USD
7 years ago
Sep 12, 2017
Sell 92.6 K USD
DE RENZO LINDA
* See Remarks
- 4900
18.89 USD
7 years ago
Sep 12, 2017
Sell 12.9 K USD
HOLLER DENIS M.
Chief Financial Officer
- 676
19.1 USD
7 years ago
Sep 07, 2017
Sell 1.87 K USD
DE RENZO LINDA
* See Remarks
- 100
18.7 USD
7 years ago
Sep 05, 2017
Sell 62.3 K USD
HOLLER DENIS M.
Chief Financial Officer
- 3257
19.12 USD
7 years ago
Sep 06, 2017
Sell 60.7 K USD
HOLLER DENIS M.
Chief Financial Officer
- 3176
19.1 USD
7 years ago
Aug 31, 2017
Sell 74.7 K USD
HOLLER DENIS M.
Chief Financial Officer
- 3897
19.17 USD
7 years ago
Aug 24, 2017
Sell 93.5 K USD
DE RENZO LINDA
*See Remarks
- 5000
18.7 USD
7 years ago
Jul 25, 2017
Sell 1.91 K USD
HOLLER DENIS M.
Chief Financial Officer
- 100
19.1 USD
7 years ago
Jul 21, 2017
Sell 104 K USD
HOLLER DENIS M.
Chief Financial Officer
- 5429
19.14 USD
7 years ago
Jul 24, 2017
Sell 19.1 K USD
HOLLER DENIS M.
Chief Financial Officer
- 1000
19.1 USD
7 years ago
Jul 19, 2017
Sell 101 K USD
HOLLER DENIS M.
Chief Financial Officer
- 5300
19.1 USD
7 years ago
Jul 20, 2017
Sell 31.3 K USD
HOLLER DENIS M.
Chief Financial Officer
- 1637
19.1 USD
7 years ago
Jul 19, 2017
Sell 188 K USD
DE RENZO LINDA
* See Remarks
- 10000
18.83 USD
7 years ago
Jul 03, 2017
Sell 17.4 K USD
COHEN JEFFREY MICHAEL
Chief Information Officer
- 1000
17.35 USD
7 years ago
May 09, 2017
Sell 122 K USD
HOLLER DENIS M.
Chief Financial Officer
- 6522
18.7 USD
7 years ago
May 10, 2017
Sell 303 K USD
HOLLER DENIS M.
Chief Financial Officer
- 16157
18.73 USD
7 years ago
May 09, 2017
Sell 91.7 K USD
DE RENZO LINDA
* See Remarks
- 4891
18.74 USD
7 years ago
May 10, 2017
Sell 2.04 K USD
DE RENZO LINDA
* See Remarks
- 109
18.7 USD
7 years ago
May 08, 2017
Sell 7.83 K USD
HOLLER DENIS M.
Chief Financial Officer
- 421
18.6 USD
7 years ago
May 05, 2017
Sell 35.4 K USD
HOLLER DENIS M.
Chief Financial Officer
- 1900
18.64 USD
7 years ago
May 05, 2017
Sell 93.5 K USD
DE RENZO LINDA
* See Remarks
- 5000
18.7 USD
7 years ago
May 02, 2017
Sell 118 K USD
HOLLER DENIS M.
Chief Financial Officer
- 6492
18.12 USD
7 years ago
May 03, 2017
Sell 337 K USD
HOLLER DENIS M.
Chief Financial Officer
- 18508
18.19 USD
7 years ago
May 01, 2017
Sell 794 K USD
WHITEBOX ADVISORS LLC
10 percent owner
- 20237
39.22 USD
7. News
High Yield Oil And Gas Ranked By Relative Quality With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-factor relative value matrix and ranked from most to least favorable. Based on this evaluation, EQNR, VRN, MGYOY, PCCYF, and CHRD appear to be the best prospects. seekingalpha.com - 1 week ago
Civitas Resources, Inc. (CIVI) Q3 2024 Earnings Call Transcript Civitas Resources, Inc. (NYSE:CIVI ) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Brad Whitmarsh - Head, Investor Relations Chris Doyle - Chief Executive Officer Marianella Foschi - Chief Financial Officer Hodge Walker - Chief Operating Officer Conference Call Participants Neal Dingmann - Truist Securities Zach Parham - J.P. Morgan Scott Hanold - RBC Capital Markets Francis DiGiovanna - TD Cowen Leo Mariani - ROTH Tim Rezvan - KeyBanc Capital Markets Oliver Huang - TPH John Abbott - Wolfe Research Noel Parks - Tuohy Brothers Operator Good day and thank you for standing by. seekingalpha.com - 1 week ago
Stock Picks From Seeking Alpha's October 2024 New Analysts In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, Hewlett Packard Enterprise, Vertex Pharmaceuticals, and several others. Readers are encouraged to engage with the new analysts, share thoughts on their picks, and join the conversation. seekingalpha.com - 1 week ago
Civitas Resources (CIVI) Surpasses Q3 Earnings Estimates Civitas Resources (CIVI) came out with quarterly earnings of $1.99 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.56 per share a year ago. zacks.com - 1 week ago
Civitas Resources, Inc. Declares Quarterly Cash Dividend DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”), today announced that its Board of Directors approved a quarterly dividend of $0.50 per share, payable on December 27, 2024 to shareholders of record as of December 13, 2024. About Civitas Civitas Resources, Inc. is an independent exploration and production company focused on the acquisition, development, and production of crude oil and liquids-rich natural gas from its premier assets in the DJ Basin in C. businesswire.com - 1 week ago
A Closer Look at the U.S. Upstream Oil & Gas Industry Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise focusing on shares of companies like CIVI, NOG, CRC and AMPY. zacks.com - 1 week ago
Civitas Resources (CIVI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release Civitas (CIVI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
Civitas Resources: A Strategic Growth And Value Play Opportunity Civitas Resources is undervalued but with strong growth potential, driven by strategic acquisitions in key U.S. oil basins and a solid dividend strategy. Despite elevated debt levels, Civitas maintains a robust interest coverage ratio and continues to prioritize shareholder returns through dividends and stock buybacks. The company's commitment to sustainability and advanced drilling techniques positions it well for long-term growth in the competitive oil & gas sector. seekingalpha.com - 1 month ago
Civitas Resources, Inc. Schedules Third Quarter 2024 Conference Call and Webcast DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. Schedules Third Quarter 2024 Conference Call and Webcast. businesswire.com - 1 month ago
Civitas Resources: Optimizing All The Acquisitions Civitas Resources was formed in 2021 through a combination of companies with bankruptcy in the past. The company is managed conservatively financially. Acquisitions were made with a mix of stock and debt to keep the debt ratio at acceptable levels. seekingalpha.com - 1 month ago
Bear of the Day: Civitas Resources (CIVI) Civitas Resources, Inc. CIVI is facing falling WTI crude prices heading into 2025. This Zacks Rank #5 (Strong Sell) may struggle to grow earnings if crude prices continue to decline. zacks.com - 1 month ago
Grab These 5 Ultra-High-Yield Dividend Oil Stocks Before the Mideast Explodes .24/7 Wall St. Insights After a solid start to 2024, the energy sector is up less than 4%. 247wallst.com - 1 month ago
8. Profile Summary

Civitas Resources, Inc. CIVI

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COUNTRY US
INDUSTRY Oil & Gas Exploration & Production
MARKET CAP $ 4.94 B
Dividend Yield 3.00%
Description 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.
Contact 410 17th Street, Denver, CO, 80202 https://civitasresources.com
IPO Date Dec. 15, 2011
Employees 516
Officers Ms. Kayla D. Baird Senior Vice President & Chief Accounting Officer Mr. Clinton Bradley Johnson Senior Vice President of Rockies Ms. Marianella Foschi Chief Financial Officer & Treasurer Mr. Sam Blatt Senior Vice President of Permian Ms. Ji Rim Chief Sustainability Officer and SVice President of Environmental, Health, Safety & Regulatory Mr. Brad Whitmarsh Vice President, Investor Relations Mr. Thomas Hodge Walker Chief Operating Officer Mr. Jeffrey S. Kelly Chief Transformation Officer Mr. Brian T. Kuck Senior Vice President of Business Development & Reserves Mr. M. Christopher Doyle President, Chief Executive Officer & Director