
Civitas Resources (CIVI) Stock Forecast & Price Target
Civitas Resources (CIVI) Analyst Ratings
Bulls say
Civitas Resources Inc. demonstrates a positive outlook due to its strategic rural location advantage in the Denver-Julesburg Basin and its expansion into the Permian region, which could enhance operational resilience amid fluctuating political climates. The company reported an impressive fourth-quarter production average of 353 mboe/d, exceeding both estimates and consensus, while guiding towards a capital program that is more efficient than initially projected. Additionally, the presence of a valuable midstream component is expected to provide substantial liquidity, positioning Civitas favorably for future growth and balance sheet strengthening despite elevated leverage concerns.
Bears say
Civitas Resources Inc has experienced a concerning decline in oil production, with a projected 13% quarter-over-quarter decrease in 1Q25, contributing to a bleak outlook for 2025 that reflects a 4% year-over-year reduction in overall production. The company's recent guidance suggests that including contributions from the recently acquired Midland assets does not substantially improve production forecasts, with an anticipated 5% year-over-year decrease when factoring in this acquisition. Additionally, the decision to terminate the former COO as part of a cost-cutting initiative signals underlying operational challenges, further amplifying concerns regarding the company's financial performance and future strategy.
This aggregate rating is based on analysts' research of Civitas Resources and is not a guaranteed prediction by Public.com or investment advice.
Civitas Resources (CIVI) Analyst Forecast & Price Prediction
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