CIVI RSI Chart
Last 7 days
3.7%
Last 30 days
17.4%
Last 90 days
6.2%
Trailing 12 Months
8.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.6B | 3.1B | 3.2B | 3.5B |
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 |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Feb 28, 2024 | foschi marianella | sold (taxes) | -97,880 | 65.08 | -1,504 | cfo & treasurer |
Feb 28, 2024 | doyle m. christopher | sold (taxes) | -257,717 | 65.08 | -3,960 | ceo & president |
Feb 28, 2024 | counts travis l | sold (taxes) | -65,991 | 65.08 | -1,014 | chief adm officer & sec |
Feb 23, 2024 | foschi marianella | sold (taxes) | -76,758 | 63.02 | -1,218 | cfo & treasurer |
Feb 19, 2024 | foschi marianella | sold (taxes) | -2,484,610 | 63.09 | -39,382 | cfo & treasurer |
Feb 19, 2024 | doyle m. christopher | acquired | - | - | 29,252 | ceo & president |
Feb 19, 2024 | foschi marianella | acquired | - | - | 110,411 | cfo & treasurer |
Feb 19, 2024 | kelly jeffrey s | acquired | - | - | 6,281 | chief transformation officer |
Feb 19, 2024 | counts travis l | acquired | - | - | 11,262 | chief administrative officer |
Feb 19, 2024 | walker thomas hodge | acquired | - | - | 11,411 | chief operating officer |
Which funds bought or sold CIVI recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -52.23 | -233,130 | 157,958 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 2.34 | -100,300,000 | 644,551,000 | 0.01% |
Mar 06, 2024 | Alamar Capital Management, LLC | reduced | -24.14 | -1,287,600 | 2,303,580 | 1.82% |
Mar 04, 2024 | VIMA LLC | new | - | 68.00 | 68.00 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 146 | 79,901,400 | 153,348,000 | 0.01% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | added | 0.46 | -1,875,480 | 10,584,400 | 0.04% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 11.49 | -121,000 | 1,993,000 | 0.02% |
Feb 26, 2024 | SYON CAPITAL LLC | new | - | 251,365 | 251,365 | 0.03% |
Feb 16, 2024 | WESBANCO BANK INC | sold off | -100 | -1,187,010 | - | -% |
Feb 16, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | added | 150 | 124,270 | 234,270 | -% |
Unveiling Civitas Resources, Inc.'s Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Civitas Resources, Inc.)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
XOM | 456.5B | 344.6B | 12.68 | 1.32 | ||||
CVX | 290.4B | 200.9B | 13.59 | 1.45 | ||||
OXY | 56.5B | 28.9B | 12.02 | 1.95 | ||||
MRO | 16.0B | 6.6B | 10.3 | 2.41 | ||||
CHK | 11.5B | 8.7B | 4.74 | 1.32 | ||||
MID-CAP | ||||||||
RRC | 8.3B | 2.7B | 9.55 | 3.04 | ||||
HP | 4.2B | 2.8B | 9.66 | 1.47 | ||||
CNX | 3.6B | 3.4B | 2.09 | 1.05 | ||||
KOS | 2.8B | 1.7B | 13.03 | 1.63 | ||||
CPE | 2.3B | 2.1B | 5.82 | 1.11 | ||||
SMALL-CAP | ||||||||
AMPY | 257.7M | 307.6M | 0.66 | 0.84 | ||||
AMTX | 237.5M | 256.5M | -5.47 | 0.52 | ||||
BATL | 94.0M | 250.3M | -2.17 | 0.38 | ||||
AE | 69.5M | 2.7B | 327.97 | 0.03 | ||||
BRN | 23.7M | 23.9M | -8.72 | 0.99 |
Civitas Resources, Inc. News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 8.8% | 1,127 | 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 |
Operating Expenses | 19.8% | 787 | 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 |
S&GA Expenses | 50.8% | 55.00 | 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 |
EBITDA Margin | 3.7% | 0.68* | 0.65* | 0.72* | 0.74* | 0.66* | 0.65* | 0.60* | 0.46* | 0.52* | 0.29* | 0.21* | 0.24* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 17.8% | 90.00 | 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 |
Income Taxes | 156.0% | 76.00 | 30.00 | 44.00 | 65.00 | 94.00 | 136 | 152 | 23.00 | 68.00 | 16.00 | -10.39 | -0.04 | -65.25 | 5.00 | - | - | - | - | - | - | - |
Earnings Before Taxes | 123.7% | 379 | 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 |
EBT Margin | -8.7% | 0.29* | 0.31* | 0.44* | 0.50* | 0.44* | 0.43* | 0.38* | 0.22* | 0.27* | 0.03* | -0.09* | -0.15* | - | - | - | - | - | - | - | - | - |
Net Income | 116.8% | 303 | 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 |
Net Income Margin | -6.5% | 0.23* | 0.24* | 0.33* | 0.37* | 0.33* | 0.32* | 0.29* | 0.16* | 0.19* | 0.16* | 0.11* | 0.11* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 62.3% | 843 | 520 | 337 | 539 | 512 | 710 | 722 | 533 | 82.00 | 113 | 37.00 | 43.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 9.8% | 14,097 | 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 |
Current Assets | 126.0% | 2,144 | 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 |
Cash Equivalents | 1080.0% | 1,125 | 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 |
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 |
Net PPE | 0.4% | 11,820 | 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 |
Liabilities | 16.1% | 7,916 | 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 |
Current Liabilities | -8.3% | 1,852 | 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 |
Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50.00 |
LT Debt, Non Current | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 50.00 |
Shareholder's Equity | 2.7% | 6,181 | 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 |
Retained Earnings | 14.3% | 1,212 | 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 |
Additional Paid-In Capital | 0.2% | 4,964 | 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 |
Shares Outstanding | 0.0% | 94.00 | 94.00 | 80.00 | 80.00 | 85.00 | 85.00 | 85.00 | 85.00 | 37.00 | 27.00 | 26.00 | 21.00 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 3,600 | - | - | - | 2,700 | - | - | - | 1,200 | - | - | - | 271 | - | - | - | 430 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 62.3% | 843,188 | 519,542 | 337,181 | 538,849 | 512,178 | 710,095 | 722,227 | 532,541 | 82,356 | 112,684 | 36,595 | 42,964 | 47,352 | 43,215 | 20,235 | 47,994 | 61,639 | 58,560 | 62,727 | 41,721 | 49,576 |
Share Based Compensation | 12.7% | 9,354 | 8,302 | 9,895 | 7,380 | 6,898 | 10,244 | 6,135 | 8,090 | 9,462 | 2,289 | 2,195 | 1,612 | 1,720 | 1,723 | 1,474 | 1,239 | 1,697 | 2,041 | 1,768 | 1,380 | 2,223 |
Cashflow From Investing | 79.1% | -746,292 | -3,573,659 | -647,597 | -275,607 | -259,511 | -313,093 | -217,191 | -516,300 | 128,415 | -46,839 | 20,919 | -28,948 | -6,290 | -5,490 | -25,148 | -26,871 | -58,932 | -74,095 | -85,343 | -36,788 | -108,421 |
Cashflow From Financing | 109.3% | 934,491 | 446,545 | 2,457,201 | -475,161 | -166,773 | -154,115 | -220,134 | -116,346 | 3,273 | -49,838 | -71,806 | -64.00 | -20,089 | -38,091 | -1,996 | -21,071 | -70.00 | 14,757 | -930 | 14,847 | 47,761 |
Dividend Payments | -8.7% | 149,289 | 163,507 | 174,148 | 173,376 | 166,331 | 150,823 | 116,172 | 103,596 | 39,182 | 10,809 | 10,789 | - | - | - | - | - | - | - | - | - | - |
Buy Backs | 100.0% | 500* | -3,456 | 20,398 | 303,455 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Operating net revenues: | |||
Crude oil, natural gas, and NGL sales | $ 3,479,240 | $ 3,791,398 | $ 930,614 |
Operating expenses: | |||
Lease operating expense | 301,288 | 169,986 | 52,391 |
Severance and ad valorem taxes | 276,535 | 305,701 | 65,113 |
Exploration | 2,178 | 6,981 | 7,937 |
Depreciation, depletion, and amortization | 1,171,192 | 816,446 | 226,931 |
Abandonment and impairment of unproved properties | 0 | 17,975 | 57,260 |
Transaction costs | 84,328 | 24,683 | 43,555 |
General and administrative expense (including $34,931, $31,367, and $15,558, respectively, of stock-based compensation) | 161,077 | 143,477 | 65,132 |
Other operating expense | 7,437 | 2,691 | 8,299 |
Total operating expenses | 2,339,760 | 1,807,358 | 608,551 |
Other income (expense): | |||
Derivative gain (loss), net | 9,307 | (335,160) | (60,510) |
Interest expense | (182,740) | (32,199) | (9,700) |
Gain (loss) on property transactions, net | (254) | 15,880 | 1,932 |
Other income (expense) | 33,661 | 21,217 | (2,006) |
Total other expense | (140,026) | (330,262) | (70,284) |
Income from operations before income taxes | 999,454 | 1,653,778 | 251,779 |
Income tax expense | (215,166) | (405,698) | (72,858) |
Net income, basic | 784,288 | 1,248,080 | 178,921 |
Net income, diluted | $ 784,288 | $ 1,248,080 | $ 178,921 |
Earnings per common share: | |||
Basic (in dollars per share) | $ 9.09 | $ 14.68 | $ 4.82 |
Diluted (in dollars per share) | $ 9.02 | $ 14.58 | $ 4.74 |
Weighted-average common shares outstanding | |||
Basic (in shares) | 86,240 | 85,005 | 37,155 |
Diluted (in shares) | 86,988 | 85,604 | 37,746 |
Midstream operating expense | |||
Operating expenses: | |||
Operating expenses | $ 45,080 | $ 31,944 | $ 17,426 |
Gathering, transportation, and processing | |||
Operating expenses: | |||
Operating expenses | $ 290,645 | $ 287,474 | $ 64,507 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 1,124,797 | $ 768,032 |
Accounts receivable, net: | ||
Crude oil and natural gas sales | 505,961 | 343,500 |
Joint interest and other | 247,228 | 135,816 |
Derivative assets | 35,192 | 2,490 |
Prepaid income taxes | 9,552 | 29,604 |
Deposits for acquisitions | 163,164 | 0 |
Prepaid expenses and other | 58,518 | 48,988 |
Total current assets | 2,144,412 | 1,328,430 |
Property and equipment (successful efforts method): | ||
Proved properties | 12,738,568 | 6,774,635 |
Less: accumulated depreciation, depletion, and amortization | (2,339,541) | (1,214,484) |
Total proved properties, net | 10,399,027 | 5,560,151 |
Unproved properties | 821,939 | 593,971 |
Wells in progress | 536,858 | 407,351 |
Other property and equipment, net of accumulated depreciation of $9,808 in 2023 and $7,329 in 2022 | 62,392 | 49,632 |
Total property and equipment, net | 11,820,216 | 6,611,105 |
Derivative assets | 8,233 | 794 |
Right-of-use assets | 94,606 | 24,125 |
Other noncurrent assets | 29,852 | 6,945 |
Total Assets | 14,097,319 | 7,971,399 |
Current liabilities: | ||
Accounts payable and accrued expenses | 565,708 | 295,297 |
Production taxes payable | 421,045 | 258,932 |
Crude oil and natural gas revenue distribution payable | 766,123 | 538,343 |
Derivative liability | 18,096 | 46,334 |
Asset retirement obligations | 31,116 | 25,557 |
Lease liability | 45,298 | 13,464 |
Deferred revenue | 4,501 | 0 |
Total current liabilities | 1,851,887 | 1,177,927 |
Long-term liabilities: | ||
Senior notes, net | 4,035,732 | 393,293 |
Credit facility | 750,000 | 0 |
Ad valorem taxes | 313,753 | 412,650 |
Derivative liability | 0 | 17,199 |
Deferred income tax liabilities, net | 564,781 | 319,618 |
Asset retirement obligations | 305,716 | 265,469 |
Lease liability | 50,240 | 11,324 |
Deferred revenue | 43,889 | 0 |
Total liabilities | 7,915,998 | 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, 93,774,901 and 85,120,287 issued and outstanding as of December 31, 2023 and 2022, respectively | 5,004 | 4,918 |
Additional paid-in capital | 4,964,450 | 4,211,197 |
Retained earnings | 1,211,867 | 1,157,804 |
Total stockholders’ equity | 6,181,321 | 5,373,919 |
Total Liabilities and Stockholders’ Equity | $ 14,097,319 | $ 7,971,399 |