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Civitas Resources (CIVI)
NYSE:CIVI
Civitas Resources (CIVI) Stock Price & Analysis
863 Followers
CIVI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$59.15 - $81.22
Previous Close$75.36
Volume1.30M
Average Volume (3M)1.49M
Market Cap
$7.54B
Enterprise Value$11.20B
Total Cash (Recent Filing)$1.12B
Total Debt (Recent Filing)$4.79B
Price to Earnings (P/E)9.2
Beta0.98
Next Earnings
Jul 31, 2024EPS Estimate
$2.97Next Dividend Ex-Date
Jun 12, 2024Dividend Yield2.65%
Share Statistics
EPS (TTM)8.21
Shares Outstanding100,091,389
10 Day Avg. Volume1,329,568
30 Day Avg. Volume1,488,547
Standard Deviation0.17
R-Squared0.23
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1.22
Price to Sales (P/S)2.17
Price to Cash Flow (P/CF)2.20
P/FCF Ratio10.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.22
Enterprise Value/Gross Profit3.26
Enterprise Value/Ebitda4.74
Forecast
1Y Price Target
$100.00Price Target Upside31.91% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Civitas Resources News
Bulls Say, Bears Say
Bulls Say
Financial StrengthCIVI reported significant share buybacks, indicating confidence in their financial strength, and continues to trade at a wide discount to peers which may underappreciate the meaningful portfolio transformation underway.
Operational EfficiencyCIVI posted EBITDA of ~$928mn ahead of analyst expectations due to accelerated D&C cycle times and brought forward TILs drove a production beat, highlighting operational efficiency.
Shareholder ValueCompany continues to execute on its capital returns framework, with $215.0 million returned to shareholders based on first quarter results and a capital returns yield at an impressive 12.2%.
Bears Say
Corporate GovernanceFor SBOW, a modest 1Q earnings beat is expected to be overshadowed by the ongoing proxy battle with Kimmeridge.
Financial HealthNet leverage is expected to fall in line with SMID E&P peers, indicating no significant advantage in debt management.
Operational PerformanceOil production guidance was slightly below Consensus.
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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 $59.15 and its highest was $81.22 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 Jul 31, 2024 which is in 83 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 2.65%. See more information on Civitas Resources dividends here
What is Civitas Resources’s EPS estimate?
Civitas Resources’s EPS estimate is $2.97.
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 7.016%.
Which hedge fund is a major shareholder of Civitas Resources?
Among the largest hedge funds holding Civitas Resources’s share is Slate Path Capital LP. It holds Civitas Resources’s shares valued at 124M.
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Civitas Resources Stock Smart Score
Outperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$100.00 (31.91% Upside)
$100.00 (31.91% Upside)
Blogger Sentiment
Bullish
CIVI Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 866.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.6%
Last 30 Days ▲ 8.3%
Last 30 Days ▲ 8.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
22.87%
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
$100.00
▲(31.91% Upside)
Technical Analysis
Best Analysts Covering CIVI
1 Year
1 Year Success Rate
16/17 ratings generated profit
1 Year Average Return
+71.89%
reiterated a buy rating 11 months ago
Copying Leo Mariani's trades and holding each position for 1 Year would result in 94.12% of your transactions generating a profit, with an average return of +71.89% per trade.
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