Civitas Resources, Inc. (CIVI)

NYSE: CIVI · IEX Real-Time Price · USD
57.39
-0.10 (-0.17%)
Sep 30, 2022 4:00 PM EDT - Market closed
-0.17%
Market Cap 4.88B
Revenue (ttm) 2.67B
Net Income (ttm) 764.82M
Shares Out 85.03M
EPS (ttm) 12.29
PE Ratio 4.67
Forward PE 4.97
Dividend $4.80 (8.36%)
Ex-Dividend Date Sep 14, 2022
Volume 713,576
Open 57.07
Previous Close 57.49
Day's Range 56.70 - 58.14
52-Week Range 44.17 - 84.76
Beta 1.72
Analysts Buy
Price Target 91.80 (+60.0%)
Earnings Date Oct 26, 2022

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 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, Colorad... [Read more...]

Industry Oil & Gas E&P
IPO Date Dec 15, 2011
CEO Eric Greager
Employees 322
Stock Exchange NYSE
Ticker Symbol CIVI
Full Company Profile

Financial Performance

In 2021, CIVI's revenue was $930.61 million, an increase of 326.71% compared to the previous year's $218.09 million. Earnings were $178.92 million, an increase of 72.82%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for CIVI stock is "Buy." The 12-month stock price forecast is 91.8, which is an increase of 59.96% from the latest price.

Price Target
$91.8
(59.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Buy These 3 Top-Ranked Profitable Stocks Using Net Income Ratio

Brigham Minerals (MNRL), Hudson Technologies (HDSN) and Civitas Resources (CIVI) have been selected as the top picks with a high net income ratio.

Other symbols: HDSNMNRL
3 days ago - Zacks Investment Research

7 Small Company Stocks You Should Own Now

I recently saw a tweet from Charlie Bilello highlighting the top-performing S&P 500 stocks of the past 5, 10, 15, and 20 years. The top performers in each of these periods were once small company stocks.

Other symbols: AMNASOHIMLISAHUFPI
1 week ago - InvestorPlace

5 Must-Buy Stocks With Solid Fundamentals Amid Market Mayhem

We have narrowed our search to five U.S. corporate that have strong growth potential for the rest of 2022. These are: MPC, CAR, UNM, URI and CIVI.

Other symbols: CARMPCUNMURI
1 week ago - Zacks Investment Research

KeyBanc's Rezvan makes the bull case for oil stocks

Tim Rezvan, managing director of equity research at KeyBanc Capital Markets, joins 'The Exchange' to discuss opportunities for mid-cap growth in energy markets, U.S. oil production growth forecasts and ...

1 week ago - CNBC Television

Civitas Resources (CIVI) Just Flashed Golden Cross Signal: Do You Buy?

When a stock experiences a golden cross technical event, good things could be on the horizon. How should investors react?

2 weeks ago - Zacks Investment Research

Is Civitas Resources (CIVI) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Civitas Resources (CIVI) and Cheniere Energy (LNG) have performed compared to their sector so far this year.

2 weeks ago - Zacks Investment Research

Wall Street Analysts Believe Bonanza Creek (CIVI) Could Rally 33%: Here's is How to Trade

The average of price targets set by Wall Street analysts indicates a potential upside of 33% in Bonanza Creek (CIVI). While the effectiveness of this highly sought-after metric is questionable, the posi...

2 weeks ago - Zacks Investment Research

4 Top Profitable Stocks to Buy Using Net Income Ratio

MGP Ingredients (MGPI), Tecnoglass (TGLS), Advanced Drainage Systems (WMS) and Civitas Resources (CIVI) have been selected as the top picks with a high net income ratio.

Other symbols: MGPITGLSWMS
2 weeks ago - Zacks Investment Research

Bonanza Creek (CIVI) May Find a Bottom Soon, Here's Why You Should Buy the Stock Now

Bonanza Creek (CIVI) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wa...

3 weeks ago - Zacks Investment Research

5 Best-Performing Stocks of the Top ETF of August

iShares U.S. Oil & Gas Exploration & Production ETF (IEO) topped the list of the best-performing U.S. equity ETFs in August, gaining about 15%. The rally was driven by a rise in oil price.

Other symbols: CRKDENIEOKOS
1 month ago - Zacks Investment Research

The 7 Best Oil Stocks to Buy Now

After spending much of the pandemic in a bear market, oil stocks have rallied in 2022. Despite the rally slowing a bit, I believe the macroeconomic environment is still highly favorable for oil stocks.

Other symbols: CVXDVNENBFANGMROXOM
1 month ago - InvestorPlace

Two-minute Drill: Carter's, Civitas & Valvoline

Mark Travis, Intrepid Capital president, joins ‘Closing Bell: Overtime' to give his take on Carter's, Civitas and Valvoline.

Other symbols: CRIVVV
1 month ago - CNBC Television

Civitas Resources (CIVI) Beats Q2 Earnings and Revenue Estimates

Bonanza Creek (CIVI) delivered earnings and revenue surprises of 8.94% and 17.74%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Civitas Resources Announces Second Quarter 2022 Results; Declares Fixed-plus-Variable Dividend to be Paid in September

DENVER--(BUSINESS WIRE)--Civitas announces second quarter 2022 financial results and declares dividend to be paid in September.

1 month ago - Business Wire

Civitas Resources (CIVI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Bonanza Creek (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.

2 months ago - Zacks Investment Research

Civitas Announces Leadership Team Changes

DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”), a Colorado energy leader and the state's first carbon neutral oil & gas producer, today announced that Brad Jo...

2 months ago - Business Wire

Is Civitas Resources (CIVI) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

Civitas Resources, Inc. Announces Second Quarter 2022 Earnings Release Date and Conference Call

DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”), today announced that it is scheduled to release its second quarter 2022 operating and financial results after ...

2 months ago - Business Wire

4 Capital-Intensive Stocks to Consider

When looking for value opportunities among capital-intensive businesses, investors could be interested in stocks with price-to-tangible-book-value ratios that are more appealing than their respective in...

Other symbols: GBXHMCTX
2 months ago - GuruFocus

Civitas Resources Announces Appointment of New Chief Legal Officer

DENVER--(BUSINESS WIRE)--Civitas Resources announces appointment of new Chief Legal Officer

3 months ago - Business Wire

Down 27.1% in 4 Weeks, Here's Why You Should You Buy the Dip in Bonanza Creek (CIVI)

Bonanza Creek (CIVI) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revisi...

3 months ago - Zacks Investment Research

5 Beaten-Down Oil Stocks That Need to be on Your Shopping List

Savvy investors could use the temporary decline in an upward-trending energy market to buy stocks like CIVI, MUSA, SU, MPC and CLR at a discount.

Other symbols: CLRMPCMUSASU
3 months ago - Zacks Investment Research

Is Civitas Resources (CIVI) Outperforming Other Oils-Energy Stocks This Year?

Here is how Civitas Resources (CIVI) and Liberty Oilfield Services (LBRT) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

Wall Street Analysts Predict a 27% Upside in Bonanza Creek (CIVI): Here's What You Should Know

The mean of analysts' price targets for Bonanza Creek (CIVI) points to a 27.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among anal...

3 months ago - Zacks Investment Research

5 Stocks With Recent Price Strength Amid Solid Economic Data

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are GFF, PLAB, SBOW, PANL and CIVI.

Other symbols: GFFPANLPLABSBOW
3 months ago - Zacks Investment Research