Civitas Resources, Inc. (CIVI)

NYSE: CIVI · IEX Real-Time Price · USD
75.91
+0.97 (1.29%)
At close: Mar 28, 2024, 4:00 PM
76.20
+0.29 (0.38%)
After-hours: Mar 28, 2024, 7:48 PM EDT

Total Valuation

CIVI has a market cap or net worth of $7.67 billion. The enterprise value is $11.39 billion.

Market Cap 7.67B
Enterprise Value 11.39B

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, after market close.

Earnings Date May 1, 2024
Ex-Dividend Date Mar 14, 2024

Share Statistics

CIVI has 101.02 million shares outstanding. The number of shares has increased by 1.62% in one year.

Shares Outstanding 101.02M
Shares Change (YoY) +1.62%
Shares Change (QoQ) +5.49%
Owned by Insiders (%) 7.95%
Owned by Institutions (%) 96.13%
Float 79.53M

Valuation Ratios

The trailing PE ratio is 8.42 and the forward PE ratio is 6.49.

PE Ratio 8.42
Forward PE 6.49
PS Ratio 2.20
Forward PS 1.37
PB Ratio 1.24
P/FCF Ratio 9.35
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 4.84, with an EV/FCF ratio of 13.89.

EV / Earnings 14.52
EV / Sales 3.27
EV / EBITDA 4.84
EV / EBIT 9.63
EV / FCF 13.89

Financial Position

The company has a current ratio of 1.16, with a Debt / Equity ratio of 0.79.

Current Ratio 1.16
Quick Ratio 1.03
Debt / Equity 0.79
Debt / EBITDA 2.07
Debt / FCF 5.95
Interest Coverage 6.47

Financial Efficiency

Return on equity (ROE) is 14.00% and return on invested capital (ROIC) is 8.08%.

Return on Equity (ROE) 14.00%
Return on Assets (ROA) 7.00%
Return on Capital (ROIC) 8.08%
Revenue Per Employee $6.74M
Profits Per Employee $1.52M
Employee Count 516
Asset Turnover 0.31
Inventory Turnover n/a

Taxes

In the past 12 months, CIVI has paid $215.17 million in taxes.

Income Tax 215.17M
Effective Tax Rate 21.53%

Stock Price Statistics

The stock price has increased by +14.65% in the last 52 weeks. The beta is 1.55, so CIVI's price volatility has been higher than the market average.

Beta (1Y) 1.55
52-Week Price Change +14.65%
50-Day Moving Average 67.10
200-Day Moving Average 71.69
Relative Strength Index (RSI) 71.71
Average Volume (30 Days) 1,276,932

Short Selling Information

The latest short interest is 7.25 million, so 7.18% of the outstanding shares have been sold short.

Short Interest 7.25M
Short Previous Month 8.44M
Short % of Shares Out 7.18%
Short % of Float 9.12%
Short Ratio (days to cover) 4.32

Income Statement

In the last 12 months, CIVI had revenue of $3.48 billion and earned $784.29 million in profits. Earnings per share was $9.02.

Revenue 3.48B
Gross Profit 2.57B
Operating Income 1.14B
Pretax Income 999.45M
Net Income 784.29M
EBITDA 2.35B
EBIT 1.18B
Earnings Per Share (EPS) $9.02
Full Income Statement

Balance Sheet

The company has $1.16 billion in cash and $4.88 billion in debt, giving a net cash position of -$3.72 billion or -$36.84 per share.

Cash & Cash Equivalents 1.16B
Total Debt 4.88B
Net Cash -3.72B
Net Cash Per Share -$36.84
Equity / Book Value 6.18B
Book Value Per Share 61.19
Working Capital 292.53M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.24 billion and capital expenditures -$1.42 billion, giving a free cash flow of $820.08 million.

Operating Cash Flow 2.24B
Capital Expenditures -1.42B
Free Cash Flow 820.08M
FCF Per Share $9.51
Full Cash Flow Statement

Margins

Gross margin is 73.74%, with operating and profit margins of 32.75% and 22.54%.

Gross Margin 73.74%
Operating Margin 32.75%
Pretax Margin 28.73%
Profit Margin 22.54%
EBITDA Margin 67.64%
EBIT Margin 33.98%
FCF Margin 23.57%

Dividends & Yields

This stock pays an annual dividend of $3.86, which amounts to a dividend yield of 5.09%.

Dividend Per Share $3.86
Dividend Yield 5.09%
Dividend Growth (YoY) -1.34%
Years of Dividend Growth 3
Payout Ratio 42.79%
Buyback Yield -1.62%
Shareholder Yield 3.47%
Earnings Yield 10.23%
FCF Yield 10.69%
Dividend Details

Analyst Forecast

The average price target for CIVI is $93.63, which is 23.34% higher than the current price. The consensus rating is "Strong Buy".

Price Target $93.63
Price Target Difference 23.34%
Analyst Consensus Strong Buy
Analyst Count 8
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on May 1, 2017. It was a reverse split with a ratio of 1000:11158.

Last Split Date May 1, 2017
Split Type Reverse
Split Ratio 1000:11158

Scores

CIVI has an Altman Z-Score of 1.25 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.25
Piotroski F-Score 5