Civitas Resources, Inc. (CIVI)

Market Cap	5.16B
Revenue (ttm)	5.04B
Net Income (ttm)	990.48M
Shares Out	96.51M
EPS (ttm)	10.05
PE Ratio	5.32
Forward PE	6.31
Dividend	$0.50 (0.93%)
Ex-Dividend Date	Dec 13, 2024

Volume	1,058,175
Open	54.62
Previous Close	54.75
Day's Range	52.90 - 54.83
52-Week Range	42.32 - 78.63
Beta	1.50
Analysts	Buy
Price Target	73.78 (+37.88%)
Earnings Date	Feb 25, 2025

About 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 Field of the Denver-Julesburg Basin of Colorado. It also holds interest in production wells. The company was formerly known as Bonanza Creek Energy, Inc. Civitas Resources, Inc. was founded in 1999 and is based in Denver, Colorado.

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• IPO Date: Dec 15, 2011
• Employees: 516
• Stock Exchange: NYSE
• Ticker Symbol: CIVI
• Website: https://civitasresources.com

Financial Performance

In 2023, Civitas Resources's revenue was $3.48 billion, a decrease of -8.23% compared to the previous year's $3.79 billion. Earnings were $784.29 million, a decrease of -37.16%.

Analyst Forecast

According to 10 analysts, the average rating for CIVI stock is "Buy." The 12-month stock price forecast is $73.78, which is an increase of 37.88% from the latest price.

Price Target

$73.78

(37.88% upside)

Analyst Consensus: Buy