Civitas Resources
CIVI
65.76USD-1.15 (-1.72%)Market ClosedWatchlist
Market Summary
USD65.76-1.15
Market Closed-1.72%
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Price Action
Last 7 days
-3.5%
Last 30 days
-11.4%
Last 90 days
-21.6%
Trailing 12 Months
10.1%
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Net sales
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2023 | 3.6B | 3.1B | 3.2B | 0 |
| 2022 | 1.7B | 2.7B | 3.5B | 3.8B |
| 2021 | 231.8M | 351.7M | 482.8M | 930.6M |
| 2020 | 301.0M | 251.4M | 235.1M | 218.1M |
| 2019 | 285.1M | 299.0M | 299.8M | 313.2M |
| 2018 | 187.7M | 231.5M | 260.6M | 276.7M |
| 2017 | 203.7M | 217.7M | 194.5M | 192.1M |
| 2016 | 263.8M | 227.9M | 205.1M | 195.3M |
| 2015 | 504.3M | 443.1M | 358.8M | 292.7M |
| 2014 | 470.9M | 538.1M | 568.5M | 558.6M |
| 2013 | 261.7M | 294.7M | 362.4M | 421.9M |
| 2012 | 79.4B | 53.0B | 26.6B | 231.2M |
| 2011 | 0 | 0 | 0 | 105.7B |
| 2010 | 0 | 0 | 0 | 0 |
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Latest Insider Trading transactions for CIVI
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
| Nov 08, 2023 | counts travis l | acquired | - | - | 2,907 | chief admin officer & sec |
| Aug 14, 2023 | kelly jeffrey s | acquired | - | - | 13,609 | chief transformation officer |
| Aug 01, 2023 | counts travis l | sold (taxes) | -209,084 | 74.86 | -2,793 | chief legal officer & sec. |
| Jul 19, 2023 | kimmeridge energy management company, llc | sold | -232,401,000 | 70.5 | -3,296,480 | - |
| Jun 22, 2023 | garbiso sandra | sold (taxes) | -83,352 | 65.58 | -1,271 | cao and treasurer |
| Jun 01, 2023 | wojahn jeff e | acquired | - | - | 4,368 | - |
| Jun 01, 2023 | byers deborah l | acquired | - | - | 4,368 | - |
| Jun 01, 2023 | van kempen wouter t. | acquired | - | - | 4,368 | - |
| Jun 01, 2023 | hudak carrie l | acquired | - | - | 4,368 | - |
| Jun 01, 2023 | fox carrie m | acquired | - | - | 4,368 | - |
Which funds bought or sold CIVI recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
| Nov 29, 2023 | Alamar Capital Management, LLC | added | 10.01 | 790,931 | 3,591,190 | 3.39% |
| Nov 24, 2023 | DEUTSCHE BANK AG\ | added | 5.38 | 1,180,430 | 6,345,300 | -% |
| Nov 22, 2023 | Graham Capital Management, L.P. | sold off | -100 | -271,028 | - | -% |
| Nov 22, 2023 | KBC Group NV | unchanged | - | - | 260,000 | -% |
| Nov 22, 2023 | Public Sector Pension Investment Board | sold off | -100 | -6,041,710 | - | -% |
| Nov 21, 2023 | Walleye Capital LLC | sold off | -100 | -1,015,990 | - | -% |
| Nov 21, 2023 | COMERICA BANK | new | - | 3,974,660 | 3,974,660 | 0.02% |
| Nov 16, 2023 | Creative Planning | added | 27.93 | 164,512 | 499,291 | -% |
| Nov 16, 2023 | Financial Gravity Asset Management, Inc. | sold off | -100 | -1,376 | - | -% |
| Nov 15, 2023 | Edgestream Partners, L.P. | reduced | -28.71 | -363,696 | 1,789,410 | 0.14% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of Civitas Resources
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Aug 14, 2023 | ngp xi us holdings, l.p. | 0.20% | 186,800 | SC 13G | |
| Jul 21, 2023 | kimmeridge energy management company, llc | 10.4% | 8,348,022 | SC 13D/A | |
| Apr 10, 2023 | vanguard group inc | 10.57% | 8,477,400 | SC 13G/A | |
| Feb 23, 2023 | kimmeridge energy management company, llc | 14.5% | 11,644,497 | SC 13D/A | |
| Feb 09, 2023 | vanguard group inc | 6.98% | 5,939,103 | SC 13G/A | |
| Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
| Jan 27, 2023 | canada pension plan investment board | 20.6% | 16,480,721 | SC 13D/A | |
| Jan 26, 2023 | blackrock inc. | 11.0% | 9,400,196 | SC 13G/A | |
| Jan 20, 2023 | blackrock inc. | 11.0% | 9,400,196 | SC 13G/A | |
| Mar 11, 2022 | blackrock inc. | 9.4% | 8,008,949 | SC 13G |
Recent SEC filings of Civitas Resources
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Nov 29, 2023 | 8-K | Current Report | |
| Nov 08, 2023 | 4 | Insider Trading | |
| Nov 07, 2023 | 8-K | Current Report | |
| Nov 07, 2023 | 10-Q | Quarterly Report | |
| Oct 18, 2023 | 8-K | Current Report | |
| Oct 10, 2023 | S-3ASR | S-3ASR | |
| Oct 10, 2023 | 8-K | Current Report | |
| Oct 10, 2023 | 8-K | Current Report | |
| Oct 10, 2023 | 8-K | Current Report | |
| Oct 04, 2023 | 8-K | Current Report |
Peers (Alternatives to Civitas Resources)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
XOM | 393.0B | 355.7B | -6.33% | -3.80% | 9.56 | 1.1 | -11.79% | -20.69% |
CVX | 266.2B | 210.2B | -3.00% | -16.37% | 10.46 | 1.27 | -11.63% | -25.47% |
MRO | 14.5B | 6.6B | -11.54% | -13.93% | 8.59 | 2.18 | -17.82% | -54.98% |
CHK | 9.8B | 10.9B | -13.22% | -19.87% | 1.8 | 0.9 | 37.84% | 94.62% |
OXY | - | 29.7B | -8.52% | -11.49% | - | - | -19.21% | -57.99% |
| MID-CAP | ||||||||
RRC | 7.1B | 3.9B | -16.28% | 15.95% | 5.19 | 1.82 | -12.27% | 9.11% |
HP | 3.5B | 2.9B | -11.35% | -25.04% | 8.07 | 1.22 | 39.51% | 6143.35% |
CNX | 3.2B | 3.4B | -8.48% | 21.91% | 1.32 | 0.93 | 197.39% | 446.96% |
KOS | 2.8B | 1.8B | -13.74% | 4.28% | 36.12 | 1.59 | -23.88% | -82.35% |
CPE | 2.0B | 2.4B | -15.59% | -21.18% | 3.66 | 0.83 | -7.39% | -51.28% |
| SMALL-CAP | ||||||||
AMPY | 226.2M | 327.6M | -12.01% | -22.90% | 0.6 | 0.69 | -27.62% | 496.32% |
AMTX | 172.5M | - | -9.88% | -4.99% | -1.22 | 1.18 | 21.03% | -281.13% |
BATL | 80.8M | 250.3M | -20.16% | -54.95% | -1.86 | 0.32 | -31.75% | -183.24% |
AE | 67.3M | 2.8B | -19.30% | -31.15% | -10.89 | 0.02 | -14.73% | -145.53% |
BRN | 24.9M | 26.8M | 0.40% | -18.45% | -24.74 | 0.93 | 8.21% | -113.99% |
Civitas Resources News
Latest updates
Financials for Civitas Resources
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Quarterly) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
| Revenue | 56.8% | 1,036 | 661 | 656 | 814 | 1,008 | 1,151 | 818 | 510 | 190 | 156 | 74.00 | 63.00 | 59.00 | 36.00 | 60.00 | 80.00 | 75.00 | 86.00 | 73.00 | 66.00 | 74.00 |
| Operating Expenses | 36.5% | 657 | 481 | 415 | 458 | 480 | 454 | 416 | 347 | 96.00 | 115 | 51.00 | 62.00 | 40.00 | 47.00 | 80.00 | 62.00 | 52.00 | 51.00 | 43.00 | 37.00 | 42.00 |
| S&GA Expenses | 7.8% | 36.00 | 34.00 | 37.00 | 41.00 | 37.00 | 30.00 | 36.00 | 32.00 | 12.00 | 12.00 | 9.00 | 9.00 | 8.00 | 8.00 | 9.00 | 10.00 | 10.00 | 10.00 | 10.00 | 12.00 | 11.00 |
| EBITDA Margin | - | - | - | 0.74* | 0.66* | 0.65* | 0.60* | 0.45* | 0.50* | 0.25* | 0.18* | 0.22* | 0.61* | 0.56* | 0.62* | 0.77* | 0.45* | - | - | - | - | - |
| Interest Expenses | 773.6% | 76.00 | 9.00 | 7.00 | 8.00 | 7.00 | 8.00 | 9.00 | 3.00 | 3.00 | 3.00 | 0.00 | 4.00 | -0.36 | -0.98 | -0.22 | -0.79 | -0.32 | -0.38 | -1.15 | -1.99 | -0.61 |
| Income Taxes | -33.1% | 30.00 | 44.00 | 65.00 | 94.00 | 136 | 152 | 23.00 | 68.00 | 16.00 | -10.40 | -0.04 | -65.25 | 5.00 | - | - | - | - | - | - | - | - |
| Earnings Before Taxes | -7.8% | 169 | 184 | 268 | 375 | 542 | 621 | 115 | 231 | 56.00 | -35.71 | -0.16 | -4.61 | 8.00 | -38.90 | 79.00 | -2.85 | 36.00 | 41.00 | -6.99 | 106 | 43.00 |
| EBT Margin | - | - | - | 0.50* | 0.44* | 0.43* | 0.38* | 0.22* | 0.27* | 0.03* | -0.09* | -0.15* | 0.20* | 0.19* | 0.29* | 0.51* | 0.21* | - | - | - | - | - |
| Net Income | 0.3% | 140 | 139 | 202 | 282 | 406 | 469 | 92.00 | 164 | 41.00 | -25.32 | -0.12 | 61.00 | 3.00 | -38.90 | 79.00 | -2.85 | 36.00 | 41.00 | -6.99 | 106 | 43.00 |
| Net Income Margin | - | - | - | 0.37* | 0.33* | 0.32* | 0.29* | 0.16* | 0.19* | 0.16* | 0.11* | 0.11* | 0.47* | 0.17* | 0.29* | 0.51* | 0.21* | - | - | - | - | - |
| Free Cashflow | - | - | - | 539 | 512 | 710 | 722 | 533 | 82.00 | 113 | 37.00 | 43.00 | 47.00 | 43.00 | 20.00 | 48.00 | 62.00 | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
| Assets | 26.3% | 12,842 | 10,171 | 7,675 | 7,971 | 7,689 | 7,414 | 7,034 | 6,741 | 1,937 | 1,916 | 1,208 | 1,183 | 1,149 | 1,190 | 1,264 | 1,206 | 1,200 | 1,145 | 1,103 | 1,062 | 938 |
| Current Assets | -72.2% | 949 | 3,413 | 956 | 1,328 | 1,188 | 1,019 | 674 | 720 | 160 | 142 | 105 | 92.00 | 90.00 | 103 | 165 | 111 | 119 | 93.00 | 120 | 135 | 106 |
| Cash Equivalents | -96.5% | 95.00 | 2,703 | 556 | 768 | 682 | 439 | 154 | 255 | 41.00 | 25.00 | 39.00 | 25.00 | 4.00 | 4.00 | 11.00 | 11.00 | 8.00 | 9.00 | 33.00 | 13.00 | 24.00 |
| Inventory | - | - | - | - | - | 27.00 | 21.00 | 15.00 | 12.00 | 12.00 | 14.00 | 10.00 | 9.00 | 8.00 | 8.00 | 7.00 | 8.00 | 7.00 | 3.00 | 2.00 | 3.00 | 2.00 |
| Net PPE | 75.5% | 11,768 | 6,707 | 6,679 | 6,611 | 6,461 | 6,349 | 6,311 | 5,945 | 1,578 | 1,559 | 1,012 | 997 | 1,021 | 1,043 | 1,043 | 1,054 | 1,035 | 1,009 | 947 | 918 | 829 |
| Liabilities | 33.1% | 6,821 | 5,124 | 2,573 | 2,597 | 2,435 | 2,422 | 2,396 | 2,086 | 520 | 531 | 162 | 138 | 166 | 212 | 248 | 270 | 262 | 245 | 245 | 198 | 183 |
| Current Liabilities | 65.4% | 2,019 | 1,221 | 1,058 | 1,178 | 1,269 | 1,474 | 1,336 | 1,120 | 262 | 230 | 94.00 | 74.00 | 72.00 | 59.00 | 96.00 | 105 | 104 | 88.00 | 101 | 99.00 | 123 |
| LT Debt, Non Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50.00 | - |
| Shareholder's Equity | 19.3% | 6,021 | 5,047 | 5,102 | 5,374 | 5,254 | 4,993 | 4,638 | 4,655 | 1,417 | 1,385 | 1,047 | 1,045 | 983 | 978 | 1,016 | 937 | 938 | 900 | 858 | 864 | 756 |
| Retained Earnings | -2.2% | 1,060 | 1,084 | 1,123 | 1,158 | 1,044 | 790 | 438 | 451 | 327 | 297 | 334 | 334 | 273 | 270 | 309 | 230 | 233 | 197 | 156 | 163 | 57.00 |
| Additional Paid-In Capital | 25.2% | 4,955 | 3,958 | 3,974 | 4,211 | 4,205 | 4,198 | 4,194 | 4,199 | 1,086 | 1,083 | 709 | 707 | 706 | 704 | 703 | 702 | 701 | 699 | 698 | 696 | 694 |
| Shares Outstanding | 16.9% | 94.00 | 80.00 | 80.00 | 85.00 | 85.00 | 85.00 | 85.00 | 85.00 | 31.00 | 31.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 | 21.00 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Quarterly) | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
| Cashflow From Operations | 54.1% | 519,542,000 | 337,181,000 | 538,849,000 | 512,178,000 | 710,095,000 | 722,227,000 | 532,541,000 | 82,356,000 | 112,684,000 | 36,595,000 | 42,964,000 | 47,352,000 | 43,215,000 | 20,235,000 | 47,994,000 | 61,639,000 | 58,560,000 | 62,727,000 | 41,721,000 | 49,576,000 | 24,873,000 |
| Share Based Compensation | -16.1% | 8,302,000 | 9,895,000 | 7,380,000 | 6,898,000 | 10,244,000 | 6,135,000 | 8,090,000 | 9,462,000 | 2,289,000 | 2,195,000 | 1,612,000 | 1,720,000 | 1,723,000 | 1,474,000 | 1,239,000 | 1,697,000 | 2,041,000 | 1,768,000 | 1,380,000 | 2,223,000 | 1,741,000 |
| Cashflow From Investing | -451.8% | -3,573,659,000 | -647,597,000 | -275,607,000 | -259,511,000 | -313,093,000 | -217,191,000 | -516,300,000 | 128,415,000 | -46,839,000 | 20,919,000 | -28,948,000 | -6,290,000 | -5,490,000 | -25,148,000 | -26,871,000 | -58,932,000 | -74,095,000 | -85,343,000 | -36,788,000 | -108,421,000 | 37,082,000 |
| Cashflow From Financing | -81.8% | 446,545,000 | 2,457,201,000 | -475,161,000 | -166,773,000 | -154,115,000 | -220,134,000 | -116,346,000 | 3,273,000 | -49,838,000 | -71,806,000 | -64,000 | -20,089,000 | -38,091,000 | -1,996,000 | -21,071,000 | -70,000 | 14,757,000 | -930,000 | 14,847,000 | 47,761,000 | -59,937,000 |
| Dividend Payments | -6.1% | 163,507,000 | 174,148,000 | 173,376,000 | 166,331,000 | 150,823,000 | 116,172,000 | 103,596,000 | 39,182,000 | 10,809,000 | 10,789,000 | - | - | - | - | - | - | - | - | - | - | - |
| Buy Backs | -116.9% | -3,456,000 | 20,398,000 | 303,455,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CIVI Income Statement
2023-09-30CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) shares in Thousands | 3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
Sep. 30, 2023 | Sep. 30, 2022 | Sep. 30, 2023 | Sep. 30, 2022 | |
| Operating net revenues: | ||||
| Oil and natural gas sales | $ 1,035,916,000 | $ 1,007,951,000 | $ 2,352,464,000 | $ 2,977,125,000 |
| Operating expenses: | ||||
| Lease operating expense | 94,660,000 | 45,063,000 | 191,728,000 | 122,959,000 |
| Severance and ad valorem taxes | 83,437,000 | 85,029,000 | 188,242,000 | 234,203,000 |
| Exploration | 429,000 | 4,355,000 | 1,546,000 | 6,436,000 |
| Depreciation, depletion, and amortization | 320,469,000 | 212,070,000 | 754,558,000 | 601,449,000 |
| Abandonment and impairment of unproved properties | 0 | 0 | 0 | 17,975,000 |
| Unused commitments | 3,942,000 | 193,000 | 4,696,000 | 2,700,000 |
| Bad debt expense (recovery) | (24,000) | (11,000) | 559,000 | (7,000) |
| Transaction costs | 28,450,000 | 1,814,000 | 60,077,000 | 23,766,000 |
| General and administrative expense, including $8,302, $10,244, $25,577, and $24,469, respectively, of stock-based compensation | 36,154,000 | 37,296,000 | 106,553,000 | 102,682,000 |
| Total operating expenses | 656,718,000 | 479,505,000 | 1,552,765,000 | 1,348,962,000 |
| Other income (expense): | ||||
| Derivative gain (loss) | (150,661,000) | 9,281,000 | (120,574,000) | (358,862,000) |
| Interest expense | (76,467,000) | (7,468,000) | (92,669,000) | (24,650,000) |
| Gain (loss) on property transactions, net | 0 | (938,000) | (254,000) | 15,859,000 |
| Other income | 17,288,000 | 12,769,000 | 34,356,000 | 17,865,000 |
| Total other income (expense) | (209,840,000) | 13,644,000 | (179,141,000) | (349,788,000) |
| Income from operations before income taxes | 169,358,000 | 542,090,000 | 620,558,000 | 1,278,375,000 |
| Income tax expense | (29,686,000) | (136,338,000) | (139,138,000) | (312,163,000) |
| Net income, basic | 139,672,000 | 405,752,000 | 481,420,000 | 966,212,000 |
| Net income, diluted | $ 139,672,000 | $ 405,752,000 | $ 481,420,000 | $ 966,212,000 |
| Net income per common share: | ||||
| Basic (in dollars per share) | $ 1.57 | $ 4.77 | $ 5.75 | $ 11.37 |
| Diluted (in dollars per share) | $ 1.56 | $ 4.74 | $ 5.70 | $ 11.30 |
| Weighted-average common shares outstanding: | ||||
| Basic (in shares) | 88,911 | 85,069 | 83,700 | 84,968 |
| Diluted (in shares) | 89,631 | 85,554 | 84,468 | 85,495 |
| Midstream operating expense | ||||
| Operating expenses: | ||||
| Operating expense | $ 11,661,000 | $ 9,214,000 | $ 35,041,000 | $ 22,395,000 |
| Gathering, transportation, and processing | ||||
| Operating expenses: | ||||
| Operating expense | $ 77,540,000 | $ 84,482,000 | $ 209,765,000 | $ 214,404,000 |
CIVI Balance Sheet
2023-09-30CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands | Sep. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 95,324 | $ 768,032 |
| Accounts receivable, net: | ||
| Oil and natural gas sales | 573,077 | 343,500 |
| Joint interest and other | 178,643 | 135,816 |
| Derivative assets | 7,058 | 2,490 |
| Prepaid income taxes | 21,577 | 29,604 |
| Prepaid expenses and other | 73,066 | 48,988 |
| Total current assets | 948,745 | 1,328,430 |
| Property and equipment (successful efforts method): | ||
| Proved properties | 12,135,971 | 6,774,635 |
| Less: accumulated depreciation, depletion, and amortization | (1,939,956) | (1,214,484) |
| Total proved properties, net | 10,196,015 | 5,560,151 |
| Unproved properties | 973,102 | 593,971 |
| Wells in progress | 535,499 | 407,351 |
| Other property and equipment, net of accumulated depreciation of $9,016 in 2023 and $7,329 in 2022 | 63,006 | 49,632 |
| Total property and equipment, net | 11,767,622 | 6,611,105 |
| Long-term derivative assets | 1,872 | 794 |
| Right-of-use assets | 91,766 | 24,125 |
| Other noncurrent assets | 31,563 | 6,945 |
| Total assets | 12,841,568 | 7,971,399 |
| Current liabilities: | ||
| Accounts payable and accrued expenses | 645,214 | 295,297 |
| Production taxes payable | 431,346 | 258,932 |
| Oil and natural gas revenue distribution payable | 745,214 | 538,343 |
| Derivative liability | 126,053 | 46,334 |
| Asset retirement obligations | 25,557 | 25,557 |
| Lease liability | 41,581 | 13,464 |
| Deferred revenue | 4,501 | 0 |
| Total current liabilities | 2,019,466 | 1,177,927 |
| Long-term liabilities: | ||
| Senior notes | 3,049,888 | 393,293 |
| Credit facility | 650,000 | 0 |
| Ad valorem taxes | 231,472 | 412,650 |
| Derivative liability | 10,768 | 17,199 |
| Deferred income tax liabilities, net | 458,590 | 319,618 |
| Asset retirement obligations | 304,812 | 265,469 |
| Lease liability | 50,924 | 11,324 |
| Deferred revenue | 45,015 | 0 |
| Total liabilities | 6,820,935 | 2,597,480 |
| Commitments and contingencies (Note 6) | ||
| Stockholders’ equity: | ||
| Preferred stock, $.01 par value, 25,000,000 shares authorized, none outstanding | 0 | 0 |
| Common stock, $.01 par value, 225,000,000 shares authorized, 93,772,363 and 85,120,287 issued and outstanding as of September 30, 2023 and December 31, 2022, respectively | 5,004 | 4,918 |
| Additional paid-in capital | 4,955,206 | 4,211,197 |
| Retained earnings | 1,060,423 | 1,157,804 |
| Total stockholders’ equity | 6,020,633 | 5,373,919 |
| Total liabilities and stockholders’ equity | $ 12,841,568 | $ 7,971,399 |
| CEO | Mr. M. Christopher Doyle |
|---|---|
| WEBSITE | civitasresources.com |
| EMPLOYEES | 353 |