Civitas Resources

Civitas Resources, Inc. engages in the production of carbon neutral oil and gas. It focuses on developing and producing crude oil, natural gas and natural gas liquids in Colorado's Denver-Julesburg Basin. The company was founded on November 1, 2021 and is headquartered in Denver, CO.

Earnings data Q3 2021

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Earnings data Q4 2024

Civitas Resources excels in financials, ESG commitment, and growth strategies

Civitas Resources' Q4 2022 Earnings Call highlighted strong financial performance, operational achievements, and a commitment to ESG initiatives. Despite challenges like weather impacts and market dynamics, the company is well-positioned to capitalize on opportunities through disciplined capital allocation and strategic growth initiatives. Shareholders can expect increased cash returns and a focus on emissions reduction in 2023.

Civitas Resources (CIVI) reports robust Q1 performance and growth outlook

Civitas Resources (CIVI) delivered a strong performance in Q1 2023, showcasing resilience in production despite weather challenges. The company's emphasis on financial discipline, operational excellence, and shareholder value underscores its commitment to sustainable growth. Addressing challenges and seizing opportunities will be key for driving future success and value creation.

Civitas Resources (CIVI) excels in Q2, plans divestments for growth

Civitas Resources (CIVI) showcased strong Q2 2023 results, exceeding expectations in production and cash flow. The company's focus on returning value to shareholders through dividends and stock repurchases remains a key highlight. Strategic acquisitions in the Permian and plans for divestment and capital investments underscore Civitas' commitment to growth and financial discipline.

Civitas Resources excels in Q3, balancing growth and financial discipline

Civitas Resources delivered strong Q3 results, driven by operational performance and strategic asset integration.
The company's emphasis on financial discipline, shareholder value, and cautious growth strategies underpin its resilience.
Challenges in balancing growth investments and strategic decisions highlight the need for prudent risk management.
Opportunities in asset optimization, strategic expansion, and financial efficiency position Civitas Resources for future success.

Civitas Resources doubles production and reserves, prioritizes shareholder returns

Civitas Resources (CIVI) delivered a strong performance in Q4 2023, marked by significant production growth, reserves expansion, and shareholder returns, underlining its operational excellence and financial discipline.
The company's focus on optimizing operations, balancing capital allocation, and enhancing environmental efforts positions it well for sustained growth and value creation in the energy sector.
While challenges exist in operational optimization and capital deployment, Civitas' strategic strengths and opportunities for growth present a promising outlook for future performance and stakeholder value.
Transparent communication, strategic clarity, and a commitment to financial stability and sustainability are key pillars guiding Civitas Resources (CIVI) towards continued success and industry leadership.

Civitas Resources (CIVI) excels in Q1 2024 earnings call, focusing on operational efficiency and shareholder value

Civitas Resources (CIVI) reported strong Q1 2024 earnings with successful business integration and operational efficiency. The company remains committed to enhancing shareholder value through capital returns and maximizing free cash flow. Despite challenges in capital expenditures, Civitas Resources is well-positioned for growth.

Civitas Resources surpasses Q2 targets, focuses on shareholder value

Civitas Resources delivered strong Q2 performance, exceeding production targets and enhancing shareholder value. Operational strengths in key basins and efficient cost management were notable. Challenges lie in maintaining production levels and navigating market dynamics, while opportunities exist in optimizing capital allocation and leveraging operational efficiencies.

Civitas Resources reports robust Q3 earnings, eyes strategic growth in 2025

Civitas Resources' Q3 performance reflects strong financial results, operational improvements in key areas like Permian and DJ Basin, and a commitment to disciplined decision-making. The company's focus on shareholder returns, cost control, and strategic planning for 2025 positions it well for future growth.

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Civitas Resources, Inc. is an independent exploration and production company, which focuses on the acquisition, development, and production of crude oil and associated liquids-rich natural gas primarily in the Denver-Julesburg Basin in Colorado and the Permian Basin in Texas and New Mexico. The company was founded in 1999 and is headquartered in Denver, CO.

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Civitas Resources expands its presence in Permian through acquisitions of oil and gas assets in the Midland Basin and Delaware Basin. Management aims to build a large upstream company quickly through accretive acquisitions. Civitas shareholders should not expect much organic growth.

Civitas Resources: The Acquisitions Continue

DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. Announces Pricing of Secondary Public Offering.

Civitas Resources, Inc. Announces Pricing of Secondary Public Offering of Common Stock By An Affiliate of Canada Pension Plan Investment Board

DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”) announced today the commencement of an underwritten public offering of an aggregate of 6,956,520 shares of its common stock (the “Offering”) by an affiliate of Canada Pension Plan Investment Board (the “Selling Stockholder”). Civitas is not selling any shares of common stock in the Offering and will not receive any proceeds from any sale of shares by the Selling Stockholder. BofA Securities is acting as s.

Civitas Resources, Inc. Announces Secondary Public Offering of Common Stock By An Affiliate of Canada Pension Plan Investment Board

The consensus price target hints at a 25.6% upside potential for Civitas (CIVI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Civitas (CIVI) Could Surge 25.63%: Read This Before Placing a Bet

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Civitas (CIVI) possesses solid growth attributes, which could help it handily outperform the market.

3 Reasons Why Growth Investors Shouldn't Overlook Civitas (CIVI)

DALLAS--(BUSINESS WIRE)--IOG Resources II, LLC (“IOGR II”) today announced that it has acquired oil and gas working interests and royalty interests (the “Assets”) in the DJ Basin from Civitas Resources, Inc. (NYSE: CIVI). The Assets include approximately 1,480 developed and undeveloped wellbores located primarily in Weld County, Colorado. Current net production is approximately 4.7 mboe/d under top-tier operators including Occidental Petroleum and Chevron Corporation. The acquisition represents.

IOG Resources II Announces Acquisition

Civitas Resources, Inc. (NYSE:CIVI ) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Brad Whitmarsh - Vice President of Investor Relations Chris Doyle - President and Chief Executive Officer Marianella Foschi - Chief Financial Officer Hodge Walker - Chief Operating Officer Conference Call Participants Neal Dingmann - Truist Securities Timothy Rezvan - KeyBanc Capital Markets Inc. William Janela - Mizuho Securities Oliver Huang - TPH&Co. Kevin MacCurdy - Pickering Energy Partners Leo Mariani - ROTH MKM Phillips Johnston - Capital One Operator Good day, and thank you for standing by. Welcome to Civitas Resources' First Quarter 2024 Earnings Conference Call.

Civitas Resources, Inc. (CIVI) Q1 2024 Earnings Call Transcript

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 value, growth, and momentum trends to underscore strong picks.

Is Civitas Resources (CIVI) Stock Undervalued Right Now?

DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. Announces Share Repurchase from Vitol.

Civitas Resources, Inc. Announces Share Repurchase from Vitol

DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. Reports First Quarter 2024 Results.

Civitas Resources Reports First Quarter 2024 Results

Civitas (CIVI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Civitas Resources (CIVI) Earnings Expected to Grow: Should You Buy?

DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”), today announced plans to release its first quarter 2024 operating and financial results after market close on Thursday, May 2, 2024. A conference call and webcast is planned for 9 a.m. MT (11 a.m. ET), on Friday, May 3, 2024. The dial-in number for the call is 888-510-2535, with passcode 4872770. A live webcast and replay of this event will be available on the Investor Relations section of the Company's.

Civitas Resources, Inc. Schedules First Quarter 2024 Conference Call and Webcast

In the closing of the recent trading day, Civitas Resources (CIVI) stood at $74.94, denoting a +1.59% change from the preceding trading day.

Civitas Resources (CIVI) Laps the Stock Market: Here's Why

Civitas (CIVI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Civitas Resources, Inc. (CIVI) Is a Trending Stock: Facts to Know Before Betting on It

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The latest trading day saw Civitas Resources (CIVI) settling at $75.29, representing a +0.07% change from its previous close.

Here's Why Civitas Resources (CIVI) Gained But Lagged the Market Today

The latest trading day saw Civitas Resources (CIVI) settling at $75.24, representing a +1.92% change from its previous close.

Civitas Resources (CIVI) Exceeds Market Returns: Some Facts to Consider

In the latest trading session, Civitas Resources (CIVI) closed at $70.29, marking a -1.53% move from the previous day.

Civitas Resources (CIVI) Sees a More Significant Dip Than Broader Market: Some Facts to Know

In the latest trading session, Civitas Resources (CIVI) closed at $71.38, marking a +1.58% move from the previous day.

News for Civitas Resources Stock (CIVI)