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CIVI

CIVI - Civitas Resources, Inc. Stock Price, Fair Value and News

76.01USD+1.07 (+1.43%)Delayed as of 28 Mar 2024, 12:01 pm ET

Market Summary

CIVI
USD76.01+1.07
Delayedas of 28 Mar 2024, 12:01 pm
1.43%

CIVI Alerts

  • Big jump in Revenue (Y/Y)

CIVI Stock Price

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CIVI RSI Chart

CIVI Valuation

Market Cap

7.6B

Price/Earnings (Trailing)

9.65

Price/Sales (Trailing)

2.18

EV/EBITDA

2.74

Price/Free Cashflow

3.38

CIVI Price/Sales (Trailing)

CIVI Profitability

EBT Margin

28.73%

Return on Equity

12.69%

Return on Assets

5.56%

Free Cashflow Yield

29.57%

CIVI Fundamentals

CIVI Revenue

Revenue (TTM)

3.5B

Rev. Growth (Yr)

38.38%

Rev. Growth (Qtr)

8.77%

CIVI Earnings

Earnings (TTM)

784.3M

Earnings Growth (Yr)

7.45%

Earnings Growth (Qtr)

116.84%

Breaking Down CIVI Revenue

52 Week Range

63.2786.58
(Low)(High)

Last 7 days

3.7%

Last 30 days

17.4%

Last 90 days

6.2%

Trailing 12 Months

8.2%

How does CIVI drawdown profile look like?

CIVI Financial Health

Current Ratio

1.16

Debt/Equity

0.01

Debt/Cashflow

44.78

CIVI Investor Care

Dividend Yield

10.14%

Dividend/Share (TTM)

7.6

Shares Dilution (1Y)

25.95%

Diluted EPS (TTM)

9.04

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.6B3.1B3.2B3.5B
20221.7B2.7B3.5B3.8B
2021231.8M351.7M482.8M930.6M
2020301.0M251.4M235.1M218.1M
2019285.1M299.0M299.8M313.2M
2018187.7M231.5M260.6M276.7M
2017203.7M217.7M194.5M192.1M
2016263.8M227.9M205.1M195.3M
2015504.3M443.1M358.8M292.7M
2014470.9M538.1M568.5M558.6M
2013261.7M294.7M362.4M421.9M
201279.4B53.0B26.6B231.2M
2011000105.7B
20100000

Tracking the Latest Insider Buys and Sells of Civitas Resources, Inc.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
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

1–10 of 50

Which funds bought or sold CIVI recently?

View All Details
Datesorted ascendingFund NameType% 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
-%

1–10 of 46

Are Funds Buying or Selling CIVI?

Are funds buying CIVI calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CIVI
No. of Funds

Unveiling Civitas Resources, Inc.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
ngp xi us holdings, l.p.
0.04%
41,789
SC 13G/A
Feb 13, 2024
vanguard group inc
10.05%
9,426,017
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Jan 24, 2024
blackrock inc.
10.7%
9,997,967
SC 13G/A
Jan 11, 2024
vitol holding b.v.
7.1%
7,181,527
SC 13G
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
fmr llc
-
0
SC 13G/A

Recent SEC filings of Civitas Resources, Inc.

View All Filings
Date Filed Form Type Document
Mar 15, 2024
8-K
Current Report
Mar 15, 2024
8-K/A
Current Report
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Mar 01, 2024
4
Insider Trading
Feb 27, 2024
10-K
Annual Report
Feb 27, 2024
8-K
Current Report
Feb 23, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading
Feb 21, 2024
4
Insider Trading

What is the Fair Value of CIVI?

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>

Cheap
or
Expensive?


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.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Civitas Resources, Inc.)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
456.5B
344.6B
9.41% 13.67%
12.68
1.32
-16.70% -35.40%
290.4B
200.9B
0.02% 1.52%
13.59
1.45
-18.40% -39.75%
56.5B
28.9B
5.44% 9.11%
12.02
1.95
-22.04% -64.70%
16.0B
6.6B
15.91% 27.83%
10.3
2.41
-17.41% -56.98%
11.5B
8.7B
9.63% 19.76%
4.74
1.32
-25.73% -50.99%
MID-CAP
8.3B
2.7B
8.00% 45.15%
9.55
3.04
-43.74% -26.38%
4.2B
2.8B
4.11% 1.93%
9.66
1.47
19.47% 177.97%
3.6B
3.4B
13.94% 41.02%
2.09
1.05
172.35% 1311.12%
2.8B
1.7B
-2.52% -6.29%
13.03
1.63
-26.01% -5.75%
2.3B
2.1B
6.28% -7.95%
5.82
1.11
-35.04% -60.65%
SMALL-CAP
257.7M
307.6M
1.78% -4.26%
0.66
0.84
-32.91% 578.62%
237.5M
256.5M
59.14% 102.55%
-5.47
0.52
21.03% 49.68%
94.0M
250.3M
-5.16% -26.09%
-2.17
0.38
-31.75% -183.24%
69.5M
2.7B
8.16% -35.75%
327.97
0.03
-18.46% -93.92%
23.7M
23.9M
9.22% 22.80%
-8.72
0.99
-21.86% -149.09%

Civitas Resources, Inc. News

Latest updates
Zacks Investment Research • 17 hours ago
Yahoo Finance Australia • 26 Mar 2024 • 01:00 pm
Yahoo Finance UK • 21 Mar 2024 • 09:45 pm
Seeking Alpha • 06 Mar 2024 • 08:00 am
Yahoo Finance • 05 Mar 2024 • 08:00 am

Civitas Resources, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue8.8%1,1271,0366616568141,0081,15181851019015674.0063.0059.0036.0060.0080.0075.0086.0073.0066.00
Operating Expenses19.8%78765748141545848045441634796.0011551.0062.0040.0047.0080.0062.0052.0051.0043.0037.00
  S&GA Expenses50.8%55.0036.0034.0037.0041.0037.0030.0036.0032.0012.0012.009.009.008.008.009.0010.0010.0010.0010.0012.00
EBITDA Margin3.7%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 Expenses17.8%90.0076.009.007.008.007.008.009.003.003.003.000.004.00-0.36-0.98-0.22-0.79-0.32-0.38-1.15-1.99
Income Taxes156.0%76.0030.0044.0065.0094.0013615223.0068.0016.00-10.39-0.04-65.255.00-------
Earnings Before Taxes123.7%37916918426837554262111523156.00-35.71-0.16-4.618.00-38.9079.00-2.8536.0041.00-6.99106
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 Income116.8%30314013920228240646992.0016441.00-25.32-0.1261.003.00-38.9079.00-2.8536.0041.00-6.99106
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 Cashflow62.3%84352033753951271072253382.0011337.0043.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets9.8%14,09712,84210,1717,6757,9717,6897,4147,0346,7411,9371,9161,2081,1831,1491,1901,2641,2061,2001,1451,1031,062
  Current Assets126.0%2,1449493,4139561,3281,1881,01967472016014210592.0090.0010316511111993.00120135
    Cash Equivalents1080.0%1,12595.002,70355676868243915425541.0025.0039.0025.004.004.0011.0011.008.009.0033.0013.00
  Inventory------27.0021.0015.0012.0012.0014.0010.009.008.008.007.008.007.003.002.003.00
  Net PPE0.4%11,82011,7686,7076,6796,6116,4616,3496,3115,9451,5781,5591,0129971,0211,0431,0431,0541,0351,009947918
Liabilities16.1%7,9166,8215,1242,5732,5972,4352,4222,3962,086520531162138166212248270262245245198
  Current Liabilities-8.3%1,8522,0191,2211,0581,1781,2691,4741,3361,12026223094.0074.0072.0059.0096.0010510488.0010199.00
  Long Term Debt---------------------50.00
    LT Debt, Non Current---------------------50.00
Shareholder's Equity2.7%6,1816,0215,0475,1025,3745,2544,9934,6384,6551,4171,3851,0471,0459839781,016937938900858864
  Retained Earnings14.3%1,2121,0601,0841,1231,1581,044790438451327297334334273270309230233197156163
  Additional Paid-In Capital0.2%4,9644,9553,9583,9744,2114,2054,1984,1944,1991,0861,083709707706704703702701699698696
Shares Outstanding0.0%94.0094.0080.0080.0085.0085.0085.0085.0037.0027.0026.0021.00---------
Float---3,600---2,700---1,200---271---430--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations62.3%843,188519,542337,181538,849512,178710,095722,227532,54182,356112,68436,59542,96447,35243,21520,23547,99461,63958,56062,72741,72149,576
  Share Based Compensation12.7%9,3548,3029,8957,3806,89810,2446,1358,0909,4622,2892,1951,6121,7201,7231,4741,2391,6972,0411,7681,3802,223
Cashflow From Investing79.1%-746,292-3,573,659-647,597-275,607-259,511-313,093-217,191-516,300128,415-46,83920,919-28,948-6,290-5,490-25,148-26,871-58,932-74,095-85,343-36,788-108,421
Cashflow From Financing109.3%934,491446,5452,457,201-475,161-166,773-154,115-220,134-116,3463,273-49,838-71,806-64.00-20,089-38,091-1,996-21,071-70.0014,757-93014,84747,761
  Dividend Payments-8.7%149,289163,507174,148173,376166,331150,823116,172103,59639,18210,80910,789----------
  Buy Backs100.0%500*-3,45620,398303,455-----------------

CIVI Income Statement

2023-12-31
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 expense301,288169,98652,391
Severance and ad valorem taxes276,535305,70165,113
Exploration2,1786,9817,937
Depreciation, depletion, and amortization1,171,192816,446226,931
Abandonment and impairment of unproved properties017,97557,260
Transaction costs84,32824,68343,555
General and administrative expense (including $34,931, $31,367, and $15,558, respectively, of stock-based compensation)161,077143,47765,132
Other operating expense7,4372,6918,299
Total operating expenses2,339,7601,807,358608,551
Other income (expense):   
Derivative gain (loss), net9,307(335,160)(60,510)
Interest expense(182,740)(32,199)(9,700)
Gain (loss) on property transactions, net(254)15,8801,932
Other income (expense)33,66121,217(2,006)
Total other expense(140,026)(330,262)(70,284)
Income from operations before income taxes999,4541,653,778251,779
Income tax expense(215,166)(405,698)(72,858)
Net income, basic784,2881,248,080178,921
Net income, diluted$ 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)86,24085,00537,155
Diluted (in shares)86,98885,60437,746
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

CIVI Balance Sheet

2023-12-31
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 sales505,961343,500
Joint interest and other247,228135,816
Derivative assets35,1922,490
Prepaid income taxes9,55229,604
Deposits for acquisitions163,1640
Prepaid expenses and other58,51848,988
Total current assets2,144,4121,328,430
Property and equipment (successful efforts method):  
Proved properties12,738,5686,774,635
Less: accumulated depreciation, depletion, and amortization(2,339,541)(1,214,484)
Total proved properties, net10,399,0275,560,151
Unproved properties821,939593,971
Wells in progress536,858407,351
Other property and equipment, net of accumulated depreciation of $9,808 in 2023 and $7,329 in 202262,39249,632
Total property and equipment, net11,820,2166,611,105
Derivative assets8,233794
Right-of-use assets94,60624,125
Other noncurrent assets29,8526,945
Total Assets14,097,3197,971,399
Current liabilities:  
Accounts payable and accrued expenses565,708295,297
Production taxes payable421,045258,932
Crude oil and natural gas revenue distribution payable766,123538,343
Derivative liability18,09646,334
Asset retirement obligations31,11625,557
Lease liability45,29813,464
Deferred revenue4,5010
Total current liabilities1,851,8871,177,927
Long-term liabilities:  
Senior notes, net4,035,732393,293
Credit facility750,0000
Ad valorem taxes313,753412,650
Derivative liability017,199
Deferred income tax liabilities, net564,781319,618
Asset retirement obligations305,716265,469
Lease liability50,24011,324
Deferred revenue43,8890
Total liabilities7,915,9982,597,480
Commitments and contingencies (Note 6)
Stockholders’ equity:  
Preferred stock, $.01 par value, 25,000,000 shares authorized, none outstanding00
Common stock, $.01 par value, 225,000,000 shares authorized, 93,774,901 and 85,120,287 issued and outstanding as of December 31, 2023 and 2022, respectively5,0044,918
Additional paid-in capital4,964,4504,211,197
Retained earnings1,211,8671,157,804
Total stockholders’ equity6,181,3215,373,919
Total Liabilities and Stockholders’ Equity$ 14,097,319$ 7,971,399
CIVI
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. The company was formerly known as Bonanza Creek Energy, Inc. Civitas Resources, Inc. was founded in 1999 and is based in Denver, Colorado.
 CEO
 WEBSITEcivitasresources.com
 EMPLOYEES353

Civitas Resources, Inc. Frequently Asked Questions


What is the ticker symbol for Civitas Resources, Inc.? What does CIVI stand for in stocks?

CIVI is the stock ticker symbol of Civitas Resources, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Civitas Resources, Inc. (CIVI)?

As of Wed Mar 27 2024, market cap of Civitas Resources, Inc. is 7.57 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CIVI stock?

You can check CIVI's fair value in chart for subscribers.

What is the fair value of CIVI stock?

You can check CIVI's fair value in chart for subscribers. The fair value of Civitas Resources, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Civitas Resources, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CIVI so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Civitas Resources, Inc. a good stock to buy?

The fair value guage provides a quick view whether CIVI is over valued or under valued. Whether Civitas Resources, Inc. is cheap or expensive depends on the assumptions which impact Civitas Resources, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CIVI.

What is Civitas Resources, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, CIVI's PE ratio (Price to Earnings) is 9.65 and Price to Sales (PS) ratio is 2.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CIVI PE ratio will change depending on the future growth rate expectations of investors.