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Civitas Resources (CIVI)
NYSE:CIVI
Civitas Resources (CIVI) Stock Price & Analysis
938 Followers
CIVI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$57.87 - $79.47
Previous Close$70.25
Volume981.71K
Average Volume (3M)1.50M
Market Cap
$7.03B
Enterprise Value$10.69B
Total Cash (Recent Filing)$1.12B
Total Debt (Recent Filing)$4.79B
Price to Earnings (P/E)8.6
Beta0.87
Next Earnings
Aug 01, 2024EPS Estimate
$2.94Last Dividend Ex-Date
Jun 12, 2024Dividend Yield2.85%
Share Statistics
EPS (TTM)8.21
Shares Outstanding100,091,389
10 Day Avg. Volume1,168,159
30 Day Avg. Volume1,496,284
Standard Deviation0.17
R-Squared0.21
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.09
Price to Sales (P/S)5.96
Price to Cash Flow (P/CF)2.00
P/FCF Ratio9.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.07
Enterprise Value/Gross Profit6.40
Enterprise Value/Ebitda4.54
Forecast
1Y Price Target
$96.67Price Target Upside37.61% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Civitas Resources News
Bulls Say, Bears Say
Bulls Say
Capital ReturnsCIVI continues to execute on its capital returns framework with $215.0 million returned to shareholders.
Financial PerformanceCIVI reported a total production of approximately 336mboepd, surpassing estimates due to pulled forward TILs.
ValuationShares also trade at a wide discount on EV/EBITDX (~2.7x/2.4x vs. peers ~4.0x/3.5x).
Bears Say
Corporate GovernanceThe ongoing proxy battle with Kimmeridge presents significant uncertainty and potential disruption in corporate governance.
Debt ManagementNet leverage is expected to fall in line with peers, indicating no significant advantage in debt management and potentially failing to attract investors looking for stronger financial stability.
EarningsA modest first-quarter earnings beat is anticipated to be overshadowed by more pressing issues, diminishing the positive impact on stock performance.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CIVI FAQ
What was Civitas Resources’s price range in the past 12 months?
Civitas Resources lowest stock price was $57.87 and its highest was $79.47 in the past 12 months.
What is Civitas Resources’s market cap?
Currently, no data Available
When is Civitas Resources’s upcoming earnings report date?
Civitas Resources’s upcoming earnings report date is Aug 01, 2024 which is in 27 days.
How were Civitas Resources’s earnings last quarter?
Civitas Resources released its earnings results on May 02, 2024. The company reported $2.74 earnings per share for the quarter, beating the consensus estimate of $2.559 by $0.181.
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 $1.5 which represents an annual dividend yield of 2.85%. See more information on Civitas Resources dividends here
What is Civitas Resources’s EPS estimate?
Civitas Resources’s EPS estimate is $2.94.
How many shares outstanding does Civitas Resources have?
Civitas Resources has 100,091,390 shares outstanding.
What happened to Civitas Resources’s price movement after its last earnings report?
Civitas Resources reported an EPS of $2.74 in its last earnings report, beating expectations of $2.559. Following the earnings report the stock price went up 7.027%.
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 153M.
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Civitas Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$96.67 (37.61% Upside)
$96.67 (37.61% Upside)
Blogger Sentiment
Bullish
CIVI Sentiment 100%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Increased
By 608.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.4%
Last 30 Days ▲ 6.1%
Last 30 Days ▲ 6.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
10.28%
12-Months-Change
Fundamentals
Return on Equity
12.91%
Trailing 12-Months
Asset Growth
96.53%
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
Q1 2024
0:00 / 0:00
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CIVI Stock 12 Month Forecast
Average Price Target
$96.67
▲(37.61% Upside)
Technical Analysis
Best Analysts Covering CIVI
1 Year
1 Year Success Rate
14/16 ratings generated profit
1 Year Average Return
+11.51%
reiterated a buy rating 11 days ago
Copying Neal Dingmann's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +11.51% per trade.
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