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Civitas Resources Q1 2023 Earnings Report

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$42.83 +0.04 (+0.09%)
(As of 12/20/2024 05:31 PM ET)

Civitas Resources EPS Results

Actual EPS
$2.16
Consensus EPS
$1.96
Beat/Miss
Beat by +$0.20
One Year Ago EPS
N/A

Civitas Resources Revenue Results

Actual Revenue
$656.02 million
Expected Revenue
$669.60 million
Beat/Miss
Missed by -$13.58 million
YoY Revenue Growth
N/A

Civitas Resources Announcement Details

Quarter
Q1 2023
Time
N/A
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Civitas Resources Earnings Headlines

Civitas Continues To Deliver Peer-Leading Free Cash Flow
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Civitas Resources price target raised to $68 from $6 at JPMorgan
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About Civitas Resources

Civitas Resources (NYSE:CIVI), an exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. As of December 31,2021, it had proved reserves 397.7 MMBoe comprising 143.6 MMbbls of crude oil, 106.0 MMbbls of natural gas liquids, and 888.5 Bcf of natural gas. The company was formerly known as Bonanza Creek Energy, Inc. Civitas Resources, Inc. was founded in 1999 and is based in Denver, Colorado.

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