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Civitas Resources (CIVI)
NYSE:CIVI
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CIVI Stock Chart & Stats
Day’s Range― - ―
52-Week Range$42.32 - $78.63
Previous CloseN/A
Volume177.45K
Average Volume (3M)1.46M
Market Cap
$5.28B
Enterprise Value$9.77B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)5.4
Beta0.76
Next Earnings
Mar 11, 2025EPS Estimate
1.96Last Dividend Ex-Date
Dec 13, 2024Dividend Yield3.65%
Share Statistics
EPS (TTM)10.11
Shares Outstanding96,514,070
10 Day Avg. Volume1,421,530
30 Day Avg. Volume1,455,184
Standard Deviation0.17
R-Squared0.22
Alpha0.01
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.05
Price to Cash Flow (P/CF)1.60
P/FCF Ratio1.60
Enterprise Value/Market Cap1.85
Enterprise Value/Revenue1.94
Enterprise Value/Gross Profit5.85
Enterprise Value/Ebitda2.77
Forecast
1Y Price Target
$72.00Price Target Upside34.55% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering11
Civitas Resources News
Bulls Say, Bears Say
Bulls Say
Operational PerformanceResults from Midland Wolfcamp D wells have outperformed expectations, with higher oil productivity and improved well costs, indicating strong operational efficiency.
Shareholder ReturnsCIVI had $226.9 million in capital returns during 3Q24, exceeding the estimate and representing an attractive 9.5% capital returns yield.
Strategic Asset SaleCIVI's potential sale of DJ Basin assets for over $4 billion is seen as a strategic move to reduce debt and pursue large-scale acquisitions, which could address the current valuation discount.
Bears Say
Future Production VolumesLow reinvestment in 4Q likely sets up a decline in 1Q25 production volumes.
Production LevelsCIVI is prepared to moderate production levels if necessary due to weaker or volatile oil prices, which could impact future capital efficiencies.
Quarterly ResultsCIVI reported disappointing 3Q24 results with oil production missing expectations on higher capex, resulting in a FCF miss.
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Ownership Overview
10.45% Insiders
25.04% Mutual Funds
0.38% Other Institutional Investors
40.83% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CIVI FAQ
What was Civitas Resources’s price range in the past 12 months?
Civitas Resources lowest stock price was $42.32 and its highest was $78.63 in the past 12 months.
What is Civitas Resources’s market cap?
Civitas Resources’s market cap is $5.28B.
When is Civitas Resources’s upcoming earnings report date?
Civitas Resources’s upcoming earnings report date is Mar 11, 2025 which is in 49 days.
How were Civitas Resources’s earnings last quarter?
Civitas Resources released its earnings results on Nov 07, 2024. The company reported $1.99 earnings per share for the quarter, beating the consensus estimate of $1.987 by $0.003.
Is Civitas Resources overvalued?
According to Wall Street analysts Civitas Resources’s price is currently Undervalued.
Does Civitas Resources pay dividends?
Civitas Resources pays a Quarterly dividend of $5.919 which represents an annual dividend yield of 3.65%. See more information on Civitas Resources dividends here
What is Civitas Resources’s EPS estimate?
Civitas Resources’s EPS estimate is 1.96.
How many shares outstanding does Civitas Resources have?
Civitas Resources has 96,514,070 shares outstanding.
What happened to Civitas Resources’s price movement after its last earnings report?
Civitas Resources reported an EPS of $1.99 in its last earnings report, beating expectations of $1.987. Following the earnings report the stock price went up 0.189%.
Which hedge fund is a major shareholder of Civitas Resources?
Among the largest hedge funds holding Civitas Resources’s share is Donald Smith & Co. Inc. It holds Civitas Resources’s shares valued at 161M.
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Civitas Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$72.00 (34.55% Upside)
$72.00 (34.55% Upside)
Blogger Sentiment
Bullish
CIVI Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 668.8K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 2.5%
Last 30 Days ▲ 2.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-9.72%
12-Months-Change
Fundamentals
Return on Equity
15.61%
Trailing 12-Months
Asset Growth
16.87%
Trailing 12-Months
Company Description
Civitas Resources
Bonanza Creek Energy, Inc. engages in the acquisition, exploration, development, and production of onshore oil and associated liquids. It holds interest in Wattenberg Field, Niobrara and Codell formations, and in Southern Arkansas, focused on oily Cotton Valley sands. The company was founded on December 2, 2010 and is headquartered in Denver, CO.
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CIVI Company Deck
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CIVI Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Civitas Resources had a strong third quarter with robust financial results, significant capital returns to shareholders, and operational efficiency improvements. However, they faced challenges with oil volume constraints and commodity price volatility, particularly impacting natural gas realizations. Overall, the company's strategic focus on capital efficiency and expansion of high-quality inventory positions them well for future growth.Read More>---
CIVI Stock 12 Month Forecast
Average Price Target
$72.00
▲(34.55% Upside)
Technical Analysis
Best Analysts Covering CIVI
1 Year
1 Year Success Rate
16/18 ratings generated profit
1 Year Average Return
+66.74%
reiterated a buy rating 5 months ago
Copying Leo Mariani's trades and holding each position for 1 Year would result in 88.89% of your transactions generating a profit, with an average return of +66.74% per trade.
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