Civitas Resources (CIVI) Financials

$26.25 -0.50 (-1.87%)

Closing price 04/15/2025 03:59 PM Eastern

Extended Trading

$26.24 -0.01 (-0.03%)

As of 04:12 AM Eastern

Annual Income Statements for Civitas Resources

This table shows Civitas Resources' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2018	2019	2020	2021	2022	2023	2024
Net Income / (Loss) Attributable to Common Shareholders	-746	-199	168	67	104	179	1,248	784	839
Consolidated Net Income / (Loss)	-746	-199	168	67	104	179	1,248	784	839
Net Income / (Loss) Continuing Operations	-746	-199	168	67	104	179	1,248	784	839
Total Pre-Tax Income	-910	-199	168	67	43	252	1,654	999	1,083
Total Operating Income	-907	-129	112	106	-11	322	1,984	1,139	1,479
Total Gross Profit	216	152	256	285	185	849	3,472	3,144	4,781
Total Revenue	293	195	277	313	218	931	3,791	3,479	5,207
Operating Revenue	293	195	277	313	218	931	3,791	3,479	5,207
Total Cost of Revenue	76	44	21	29	33	82	319	336	426
Operating Cost of Revenue	76	44	21	29	32	82	319	336	426
Total Operating Expenses	1,124	281	144	179	197	527	1,488	2,004	3,302
Selling, General & Admin Expense	70	77	42	40	35	73	146	169	244
Marketing Expense	19	28	19	26	3.79	65	306	277	377
Exploration Expense	16	0.95	0.29	0.80	0.60	7.94	6.98	2.18	14
Depreciation Expense	245	111	42	76	91	227	816	1,171	2,056
Other Operating Expenses / (Income)	0.00	29	35	25	22	52	170	301	578
Impairment Charge	774	35	5.27	11	37	57	18	0.00	0.00
Restructuring Charge	-	-	0.00	0.00	6.68	44	25	84	31
Total Other Income / (Expense), net	-3.00	-70	56	-38	54	-70	-330	-140	-397
Interest Expense	57	62	2.60	2.65	2.05	9.70	32	183	456
Other Income / (Expense), net	54	-7.78	58	-36	56	-61	-298	43	60
Income Tax Expense	-165	0.00	0.00	0.00	-61	73	406	215	244
Basic Earnings per Share	($15.57)	($4.04)	$8.20	$3.25	$4.98	$4.82	$14.68	$9.09	$8.48
Weighted Average Basic Shares Outstanding	47.87M	49.27M	20.51M	20.61M	20.77M	37.16M	85.01M	86.24M	98.87M
Diluted Earnings per Share	($15.57)	($4.04)	$8.16	$3.24	$4.95	$4.74	$14.58	$9.02	$8.46
Weighted Average Diluted Shares Outstanding	47.87M	49.27M	20.60M	20.68M	20.91M	37.75M	85.60M	86.99M	99.18M
Weighted Average Basic & Diluted Shares Outstanding	47.90M	49.68M	20.56M	-	20.84M	84.94M	80.21M	101.02M	93.02M
Cash Dividends to Common per Share	-	-	-	-	-	$1.16	$6.29	$7.60	$4.97

This table shows Civitas Resources' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Income / (Loss) Attributable to Common Shareholders	406	282	202	139	140	303	176	216	296	151
Consolidated Net Income / (Loss)	406	282	202	139	140	303	176	216	296	151
Net Income / (Loss) Continuing Operations	406	282	202	139	140	303	176	216	296	151
Total Pre-Tax Income	542	375	268	184	169	379	211	283	389	200
Total Operating Income	528	356	241	179	379	340	427	387	347	319
Total Gross Profit	914	732	579	582	947	1,036	1,227	1,206	1,164	1,184
Total Revenue	1,008	814	656	661	1,036	1,127	1,329	1,313	1,272	1,293
Total Cost of Revenue	94	83	77	78	89	91	102	106	108	109
Operating Cost of Revenue	94	83	77	78	89	91	102	106	108	109
Total Operating Expenses	386	376	338	403	568	696	800	819	818	865
Selling, General & Admin Expense	37	43	37	35	40	57	65	61	59	59
Marketing Expense	85	71	52	52	83	88	102	102	87	86
Exploration Expense	4.36	0.55	0.57	0.55	0.43	0.63	12	1.34	0.86	0.59
Depreciation Expense	212	215	201	233	320	417	467	521	524	545
Other Operating Expenses / (Income)	45	44	46	51	95	110	131	127	147	173
Restructuring Charge	1.81	0.92	0.48	31	28	24	23	7.88	0.14	0.68
Total Other Income / (Expense), net	14	20	26	4.21	-210	39	-216	-104	43	-119
Interest Expense	7.47	7.55	7.45	8.75	76	90	110	115	118	114
Other Income / (Expense), net	21	27	34	13	-133	129	-106	11	160	-5.47
Income Tax Expense	136	94	65	44	30	76	35	67	93	49
Basic Earnings per Share	$4.77	$3.31	$2.48	$1.73	$1.57	$3.31	$1.75	$2.17	$3.02	$1.54
Weighted Average Basic Shares Outstanding	85.07M	85.01M	81.72M	80.39M	88.91M	86.24M	100.55M	99.43M	97.91M	98.87M
Diluted Earnings per Share	$4.74	$3.29	$2.46	$1.72	$1.56	$3.28	$1.74	$2.15	$3.01	$1.56
Weighted Average Diluted Shares Outstanding	85.55M	85.60M	82.43M	81.14M	89.63M	86.99M	101.29M	100.25M	98.22M	99.18M
Weighted Average Basic & Diluted Shares Outstanding	85.11M	80.21M	80.44M	93.76M	93.77M	101.02M	100.09M	98.35M	96.51M	93.02M

This table details how cash moves in and out of Civitas Resources' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2018	2019	2020	2021	2022	2023	2024
Net Change in Cash & Equivalents	19	59	0.22	-1.91	14	230	514	359	-1,051
Net Cash From Operating Activities	226	15	117	225	159	275	2,477	2,239	2,865
Net Cash From Continuing Operating Activities	226	15	117	225	159	275	2,477	2,239	2,865
Net Income / (Loss) Continuing Operations	-746	-199	168	67	104	179	1,248	784	839
Consolidated Net Income / (Loss)	-746	-199	168	67	104	179	1,248	784	839
Depreciation Expense	245	111	42	76	91	227	816	1,171	2,056
Amortization Expense	2.28	3.18	0.03	0.49	0.86	1.89	4.46	9.29	53
Non-Cash Adjustments To Reconcile Net Income	870	77	-69	57	37	-149	-206	-43	21
Changes in Operating Assets and Liabilities, net	-146	22	-25	23	-74	16	614	317	-103
Net Cash From Investing Activities	-453	-67	-164	-255	-64	74	-1,306	-5,243	-2,672
Net Cash From Continuing Investing Activities	-453	-67	-164	-255	-64	74	-1,306	-5,243	-2,672
Purchase of Property, Plant & Equipment	-445	-53	-268	-257	-64	-152	-97	-155	-47
Acquisitions	-	-	-	-	-	222	-236	-3,656	-905
Sale of Property, Plant & Equipment	-	-	-	0.00	0.00	2.39	1.78	90	209
Other Investing Activities, net	-7.46	-15	-	-	0.00	0.21	-974	-1,523	-1,928
Net Cash From Financing Activities	245	112	48	29	-81	-118	-657	3,363	-1,244
Net Cash From Continuing Financing Activities	245	112	48	29	-81	-118	-657	3,363	-1,244
Repayment of Debt	-92	-97	-92	-25	-125	-608	-101	703	-2,208
Repurchase of Common Equity	-6.62	0.00	-	-	-	0.00	0.00	-320	-427
Payment of Dividends	-	-	-	0.00	0.00	-61	-537	-660	-494
Issuance of Debt	137	209	140	55	45	555	0.00	3,654	1,897
Other Financing Activities, net	-2.68	-0.29	0.24	-1.18	-1.12	-4.34	-20	-13	-12

This table details how cash moves in and out of Civitas Resources' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Net Change in Cash & Equivalents	243	86	-212	2,147	-2,608	1,031	-1,075	40	-45	29
Net Cash From Operating Activities	710	512	539	337	520	843	813	360	835	858
Net Cash From Continuing Operating Activities	710	512	539	337	520	843	813	360	835	858
Net Income / (Loss) Continuing Operations	406	282	202	139	140	303	176	216	296	151
Consolidated Net Income / (Loss)	406	282	202	139	140	303	176	216	296	151
Depreciation Expense	212	215	201	233	320	417	467	521	524	545
Amortization Expense	1.14	1.15	1.15	1.16	3.40	3.59	12	13	14	14
Non-Cash Adjustments To Reconcile Net Income	-130	-99	-28	3.95	125	-144	110	-9.00	-121	41
Changes in Operating Assets and Liabilities, net	221	113	162	-40	-69	264	47	-382	123	108
Net Cash From Investing Activities	-313	-260	-276	-648	-3,574	-746	-1,313	-490	-598	-272
Net Cash From Continuing Investing Activities	-313	-260	-276	-648	-3,574	-746	-1,313	-490	-598	-272
Purchase of Property, Plant & Equipment	62	612	-281	-289	-273	688	-572	-533	-552	1,609
Other Investing Activities, net	0.01	-967	5.61	-359	350	-1,520	93	77	-8.43	-2,090
Net Cash From Financing Activities	-154	-167	-475	2,457	447	934	-575	170	-282	-558
Net Cash From Continuing Financing Activities	-154	-167	-475	2,457	447	934	-575	170	-282	-558
Repayment of Debt	-	100	0.00	-	-470	1,173	-651	-549	-400	-608
Repurchase of Common Equity	-	-	-300	-20	-0.09	-	-67	-125	-78	-157
Payment of Dividends	-151	-166	-173	-174	-164	-149	-148	-149	-149	-48
Issuance of Debt	-	-100	0.00	2,666	1,120	-133	300	1,000	350	247
Other Financing Activities, net	-3.29	-0.75	-1.68	-15	-40	43	-8.44	-6.80	-5.41	8.60

This table presents Civitas Resources' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2019	2020	2021	2022	2023	2024
Total Assets	1,260	1,134	830	1,206	1,183	6,741	7,971	14,097	14,944
Total Current Assets	120	112	53	111	92	720	1,328	2,144	988
Cash & Equivalents	21	81	13	11	25	254	768	1,125	76
Accounts Receivable	25	14	29	44	33	362	344	506	646
Prepaid Expenses	4.08	5.92	6.56	7.05	3.57	33	49	68	75
Other Current Assets	61	6.78	4.32	41	22	70	138	446	192
Plant, Property, & Equipment, net	9.73	1,019	774	1,054	997	5,945	6,611	11,820	13,794
Plant, Property & Equipment, gross	1,856	2,713	786	1,180	1,209	6,375	7,826	14,160	18,082
Accumulated Depreciation	943	1,694	17	127	211	430	1,214	2,340	4,288
Total Noncurrent Assets	217	3.08	3.14	42	93	76	32	133	161
Other Noncurrent Operating Assets	217	3.08	3.14	42	33	54	32	133	161
Total Liabilities & Shareholders' Equity	1,260	1,134	830	1,206	1,183	6,741	7,971	14,097	14,944
Total Liabilities	1,050	1,115	142	270	138	2,086	2,597	7,916	8,315
Total Current Liabilities	136	1,070	89	105	74	1,120	1,178	1,852	2,205
Accounts Payable	96	61	62	58	12	246	295	566	561
Accrued Expenses	28	24	16	29	19	466	538	766	702
Other Taxes Payable	-	-	-	-	25	144	259	421	323
Other Current Liabilities	-	0.00	11	18	18	263	85	99	619
Total Noncurrent Liabilities	914	45	53	165	63	967	1,420	6,064	6,110
Long-Term Debt	872	-	0.00	80	0.00	492	393	4,786	4,494
Asset Retirement Reserve & Litigation Obligation	-	31	38	28	29	201	265	306	399
Noncurrent Deferred & Payable Income Tax Liabilities	-	-	-	-	-	0.00	320	565	801
Other Noncurrent Operating Liabilities	32	14	15	57	34	274	441	408	417
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	209	19	688	937	1,045	4,655	5,374	6,181	6,629
Total Preferred & Common Equity	209	19	688	937	1,045	4,655	5,374	6,181	6,629
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	209	19	688	937	1,045	4,655	5,374	6,181	6,629
Common Stock	806	815	693	706	711	4,204	4,216	4,969	5,100
Retained Earnings	-597	-796	-5.02	230	334	451	1,158	1,212	1,528

This table presents Civitas Resources' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Total Assets	7,689	7,675	10,171	12,842	15,084	15,041	15,008
Total Current Assets	1,188	956	3,413	949	955	954	960
Cash & Equivalents	682	556	2,703	95	52	92	47
Accounts Receivable	338	222	201	573	602	560	549
Prepaid Expenses	33	51	49	73	62	61	68
Other Current Assets	107	119	457	186	239	241	296
Plant, Property, & Equipment, net	6,461	6,679	6,707	11,768	13,996	13,958	13,911
Plant, Property & Equipment, gross	7,422	8,088	8,335	13,708	16,747	17,207	17,663
Accumulated Depreciation	1,010	1,409	1,628	1,940	2,751	3,250	3,752
Total Noncurrent Assets	40	40	51	125	133	130	137
Other Noncurrent Operating Assets	40	40	51	125	133	130	137
Total Liabilities & Shareholders' Equity	7,689	7,675	10,171	12,842	15,084	15,041	15,008
Total Liabilities	2,435	2,573	5,124	6,821	8,449	8,455	8,339
Total Current Liabilities	1,269	1,058	1,221	2,019	2,580	2,290	2,114
Accounts Payable	289	263	241	645	660	666	586
Accrued Expenses	495	507	522	745	815	705	636
Other Taxes Payable	283	222	389	431	411	259	321
Other Current Liabilities	184	66	69	193	694	659	572
Total Noncurrent Liabilities	1,166	1,515	3,903	4,801	5,869	6,166	6,225
Long-Term Debt	393	394	3,049	3,700	4,438	4,890	4,842
Asset Retirement Reserve & Litigation Obligation	202	264	268	305	337	318	310
Noncurrent Deferred & Payable Income Tax Liabilities	222	366	410	459	595	657	752
Other Noncurrent Operating Liabilities	350	492	177	293	500	301	321
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	5,254	5,102	5,047	6,021	6,635	6,586	6,668
Total Preferred & Common Equity	5,254	5,102	5,047	6,021	6,635	6,586	6,668
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	5,254	5,102	5,047	6,021	6,635	6,586	6,668
Common Stock	4,210	3,978	3,962	4,960	5,408	5,323	5,260
Retained Earnings	1,044	1,123	1,084	1,060	1,227	1,263	1,408

This table displays calculated financial ratios and metrics derived from Civitas Resources' official financial filings.

Metric	2015	2016	2018	2019	2020	2021	2022	2023	2024
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	-47.61%	-33.27%	0.00%	13.22%	-30.37%	326.71%	307.41%	-8.23%	49.65%
EBITDA Growth	-298.82%	96.29%	0.00%	-31.05%	-6.49%	257.54%	411.30%	-5.75%	54.41%
EBIT Growth	-1,246.20%	83.96%	0.00%	-59.18%	-35.42%	480.73%	544.78%	-29.88%	30.18%
NOPAT Growth	-2,105.20%	85.77%	0.00%	-6.08%	-125.43%	952.55%	554.23%	-40.28%	28.17%
Net Income Growth	-3,775.72%	73.31%	0.00%	-60.12%	54.37%	72.82%	597.56%	-37.16%	6.94%
EPS Growth	-3,277.55%	74.05%	0.00%	-60.29%	52.78%	-4.24%	207.59%	-38.13%	-6.21%
Operating Cash Flow Growth	-33.51%	-93.56%	0.00%	92.67%	-29.31%	72.93%	802.06%	-9.62%	27.98%
Free Cash Flow Firm Growth	230.18%	-206.05%	0.00%	0.00%	95.37%	-8,641.82%	138.17%	-384.01%	98.53%
Invested Capital Growth	-89.40%	444.38%	0.00%	0.00%	1.47%	379.39%	2.19%	96.88%	12.23%
Revenue Q/Q Growth	-18.44%	-3.97%	0.00%	0.00%	0.00%	92.76%	8.71%	9.87%	3.30%
EBITDA Q/Q Growth	-2,042.69%	96.00%	0.00%	113.22%	52.22%	256.92%	9.92%	14.00%	-0.47%
EBIT Q/Q Growth	-195.90%	80.58%	0.00%	0.00%	0.00%	1,039.54%	9.66%	7.85%	-9.17%
NOPAT Q/Q Growth	-104.13%	81.64%	0.00%	0.00%	0.00%	-70.22%	11.68%	0.97%	-2.67%
Net Income Q/Q Growth	-246.65%	86.29%	0.00%	0.00%	0.00%	135.89%	10.46%	2.75%	-15.32%
EPS Q/Q Growth	-242.20%	72.61%	0.00%	0.00%	0.00%	42.34%	-6.30%	-0.11%	-16.90%
Operating Cash Flow Q/Q Growth	-4.84%	0.00%	0.00%	5.67%	-8.25%	14.61%	21.00%	17.35%	0.52%
Free Cash Flow Firm Q/Q Growth	-15.41%	29.64%	0.00%	0.00%	95.92%	-1,677.69%	166.63%	-4.60%	91.19%
Invested Capital Q/Q Growth	-36.16%	-5.15%	0.00%	4,690.48%	2.14%	218.33%	0.70%	2.26%	-3.63%
Profitability Metrics	-	-	-	-	-	-	-	-	-
Gross Margin	73.89%	77.64%	92.58%	90.84%	85.01%	91.20%	91.58%	90.35%	91.82%
EBITDA Margin	-207.12%	-11.52%	76.88%	46.82%	62.88%	52.69%	66.12%	67.91%	70.06%
Operating Margin	-310.05%	-66.11%	40.63%	33.70%	-5.11%	34.61%	52.33%	32.75%	28.41%
EBIT Margin	-291.58%	-70.10%	61.73%	22.26%	20.65%	28.10%	44.47%	33.98%	29.56%
Profit (Net Income) Margin	-254.73%	-101.87%	60.79%	21.41%	47.47%	19.23%	32.92%	22.54%	16.11%
Tax Burden Percent	81.89%	100.00%	100.00%	100.00%	240.87%	71.06%	75.47%	78.47%	77.47%
Interest Burden Percent	106.69%	145.33%	98.48%	96.20%	95.46%	96.29%	98.09%	84.54%	70.35%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	-140.87%	28.94%	24.53%	21.53%	22.53%
Return on Invested Capital (ROIC)	-71.73%	-16.53%	0.00%	20.99%	-2.65%	7.74%	30.28%	12.05%	10.97%
ROIC Less NNEP Spread (ROIC-NNEP)	-98.60%	-41.63%	0.00%	-90.59%	586.62%	-39.26%	392.86%	5.36%	3.36%
Return on Net Nonoperating Assets (RNNOA)	-85.31%	-157.63%	0.00%	-6.67%	13.10%	-1.46%	-5.39%	1.53%	2.12%
Return on Equity (ROE)	-157.04%	-174.16%	0.00%	14.32%	10.45%	6.28%	24.89%	13.57%	13.09%
Cash Return on Invested Capital (CROIC)	89.93%	-154.45%	0.00%	-179.01%	-4.11%	-123.22%	28.11%	-53.21%	-0.56%
Operating Return on Assets (OROA)	-52.26%	-11.44%	41.14%	11.56%	3.77%	6.60%	22.92%	10.71%	10.60%
Return on Assets (ROA)	-45.66%	-16.62%	40.51%	11.12%	8.67%	4.52%	16.97%	7.11%	5.78%
Return on Common Equity (ROCE)	-157.04%	-174.16%	0.00%	14.32%	10.45%	6.28%	24.89%	13.57%	13.09%
Return on Equity Simple (ROE_SIMPLE)	-356.03%	-1,043.75%	0.00%	7.16%	9.90%	3.84%	23.22%	12.69%	12.65%
Net Operating Profit after Tax (NOPAT)	-635	-90	112	106	-27	229	1,497	894	1,146
NOPAT Margin	-217.03%	-46.28%	40.63%	33.70%	-12.31%	24.59%	39.49%	25.70%	22.01%
Net Nonoperating Expense Percent (NNEP)	26.86%	25.10%	0.00%	111.58%	-589.27%	47.00%	-362.58%	6.69%	7.61%
Return On Investment Capital (ROIC_SIMPLE)	-58.11%	-9.00%	-	-	-	-	25.96%	8.15%	10.30%
Cost of Revenue to Revenue	26.11%	22.36%	7.42%	9.16%	14.99%	8.80%	8.42%	9.65%	8.18%
SG&A Expenses to Revenue	24.03%	39.46%	15.35%	12.66%	16.02%	7.89%	3.86%	4.84%	4.69%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	383.94%	143.75%	51.96%	57.14%	90.12%	56.59%	39.25%	57.60%	63.41%
Earnings before Interest and Taxes (EBIT)	-853	-137	171	70	45	261	1,686	1,182	1,539
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-606	-22	213	147	137	490	2,507	2,363	3,648
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	6.91	2.81	0.00	0.39	0.29	0.25	0.76	0.96	0.67
Price to Tangible Book Value (P/TBV)	6.91	2.81	0.00	0.39	0.29	0.25	0.76	0.96	0.67
Price to Revenue (P/Rev)	4.95	0.27	1.17	1.17	1.40	1.26	1.08	1.70	0.85
Price to Earnings (P/E)	0.00	0.00	1.92	5.46	2.96	6.57	3.27	7.54	5.28
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	3.05%	4.85%	3.17%	9.74%
Earnings Yield	0.00%	0.00%	52.12%	18.33%	33.83%	15.22%	30.58%	13.27%	18.95%
Enterprise Value to Invested Capital (EV/IC)	13.61	1.04	0.00	0.43	0.28	0.29	0.74	0.97	0.80
Enterprise Value to Revenue (EV/Rev)	7.89	4.91	1.17	1.39	1.29	1.52	0.98	2.75	1.70
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	1.52	2.97	2.05	2.88	1.48	4.05	2.42
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	1.89	6.24	6.25	5.40	2.20	8.10	5.75
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	2.87	4.12	0.00	6.17	2.48	10.71	7.72
Enterprise Value to Operating Cash Flow (EV/OCF)	10.22	65.81	2.77	1.94	1.77	5.14	1.50	4.28	3.09
Enterprise Value to Free Cash Flow (EV/FCFF)	2.90	0.00	0.00	0.00	0.00	0.00	2.67	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	4.22	51.70	0.00	0.09	0.00	0.11	0.07	0.77	0.68
Long-Term Debt to Equity	4.16	0.00	0.00	0.09	0.00	0.11	0.07	0.77	0.68
Financial Leverage	0.87	3.79	0.00	0.07	0.02	0.04	-0.01	0.28	0.63
Leverage Ratio	3.44	10.48	1.21	1.29	1.21	1.39	1.47	1.91	2.27
Compound Leverage Factor	3.67	15.23	1.19	1.24	1.15	1.34	1.44	1.61	1.59
Debt to Total Capital	80.84%	98.10%	0.00%	7.87%	0.00%	9.55%	6.82%	43.64%	40.40%
Short-Term Debt to Total Capital	1.10%	98.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	79.74%	0.00%	0.00%	7.87%	0.00%	9.55%	6.82%	43.64%	40.40%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	19.16%	1.90%	0.00%	92.13%	100.00%	90.45%	93.18%	56.36%	59.60%
Debt to EBITDA	-1.46	-43.80	0.00	0.55	0.00	1.00	0.16	2.03	1.23
Net Debt to EBITDA	-1.42	-40.22	0.00	0.47	0.00	0.48	-0.15	1.55	1.21
Long-Term Debt to EBITDA	-1.44	0.00	0.00	0.55	0.00	1.00	0.16	2.03	1.23
Debt to NOPAT	-1.39	-10.90	0.00	0.76	0.00	2.15	0.26	5.35	3.92
Net Debt to NOPAT	-1.36	-10.01	0.00	0.65	0.00	1.04	-0.25	4.09	3.85
Long-Term Debt to NOPAT	-1.37	0.00	0.00	0.76	0.00	2.15	0.26	5.35	3.92
Altman Z-Score	-1.85	-2.19	0.00	1.54	2.06	0.63	2.34	1.12	1.05
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Current Ratio	0.88	0.11	0.00	1.06	1.24	0.64	1.13	1.16	0.45
Quick Ratio	0.34	0.09	0.00	0.52	0.77	0.55	0.94	0.88	0.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	796	-845	0.00	-900	-42	-3,643	1,390	-3,949	-58
Operating Cash Flow to CapEx	50.78%	27.59%	43.59%	87.44%	248.90%	184.16%	2,588.96%	3,476.39%	0.00%
Free Cash Flow to Firm to Interest Expense	13.96	-13.61	0.00	-339.67	-20.38	-375.55	43.18	-21.61	-0.13
Operating Cash Flow to Interest Expense	3.96	0.23	44.79	84.77	77.65	28.31	76.93	12.25	6.28
Operating Cash Flow Less CapEx to Interest Expense	-3.84	-0.62	-57.98	-12.18	46.45	12.94	73.96	11.90	6.63
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.18	0.16	0.67	0.52	0.18	0.23	0.52	0.32	0.36
Accounts Receivable Turnover	7.33	9.81	0.00	0.00	5.71	4.71	10.74	8.19	9.04
Inventory Turnover	6.39	6.60	0.00	0.00	3.87	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.33	0.38	0.00	0.00	0.21	0.27	0.60	0.38	0.41
Accounts Payable Turnover	0.63	0.55	0.00	0.00	0.94	0.63	1.18	0.78	0.76
Days Sales Outstanding (DSO)	49.82	37.19	0.00	0.00	63.92	77.45	33.97	44.56	40.39
Days Inventory Outstanding (DIO)	57.08	55.28	0.00	0.00	94.39	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	578.38	658.97	0.00	0.00	389.20	575.30	309.38	468.04	482.96
Cash Conversion Cycle (CCC)	-471.49	-566.50	0.00	0.00	-230.89	-497.85	-275.41	-423.48	-442.58
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	170	924	0.00	1,006	1,021	4,892	4,999	9,842	11,046
Invested Capital Turnover	0.33	0.36	0.00	0.62	0.22	0.31	0.77	0.47	0.50
Increase / (Decrease) in Invested Capital	-1,432	754	0.00	1,006	15	3,872	107	4,843	1,204
Enterprise Value (EV)	2,310	958	323	435	281	1,413	3,707	9,573	8,845
Market Capitalization	1,448	54	323	366	306	1,175	4,082	5,912	4,427
Book Value per Share	$4.21	$0.38	$0.00	$45.39	$50.17	$150.84	$63.14	$65.92	$68.68
Tangible Book Value per Share	$4.21	$0.38	$0.00	$45.39	$50.17	$150.84	$63.14	$65.92	$68.68
Total Capital	1,093	1,004	0.00	1,017	1,045	5,147	5,767	10,967	11,122
Total Debt	884	985	0.00	80	0.00	492	393	4,786	4,494
Total Long-Term Debt	872	0.00	0.00	80	0.00	492	393	4,786	4,494
Net Debt	862	905	0.00	69	-25	237	-375	3,661	4,418
Capital Expenditures (CapEx)	445	53	268	257	64	149	96	64	-161
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-25	-53	0.00	-5.23	-6.82	-654	-618	-832	-1,293
Debt-free Net Working Capital (DFNWC)	-3.90	27	0.00	5.78	18	-400	151	293	-1,217
Net Working Capital (NWC)	-16	-958	0.00	5.78	18	-400	151	293	-1,217
Net Nonoperating Expense (NNE)	110	109	-56	38	-130	50	249	110	307
Net Nonoperating Obligations (NNO)	-40	905	0.00	69	-25	237	-375	3,661	4,418
Total Depreciation and Amortization (D&A)	247	114	42	77	92	229	821	1,180	2,109
Debt-free, Cash-free Net Working Capital to Revenue	-8.62%	-27.26%	0.00%	-1.67%	-3.13%	-70.28%	-16.29%	-23.92%	-24.83%
Debt-free Net Working Capital to Revenue	-1.33%	13.99%	0.00%	1.84%	8.22%	-42.94%	3.97%	8.41%	-23.37%
Net Working Capital to Revenue	-5.43%	-490.56%	0.00%	1.84%	8.22%	-42.94%	3.97%	8.41%	-23.37%
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($15.57)	($4.04)	$8.20	$0.00	$4.98	$4.82	$14.68	$9.09	$8.48
Adjusted Weighted Average Basic Shares Outstanding	47.87M	49.27M	20.51M	0.00	20.77M	37.16M	85.01M	86.24M	98.87M
Adjusted Diluted Earnings per Share	($15.57)	($4.04)	$8.16	$0.00	$4.95	$4.74	$14.58	$9.02	$8.46
Adjusted Weighted Average Diluted Shares Outstanding	47.87M	49.27M	20.60M	0.00	20.91M	37.75M	85.60M	86.99M	99.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	49.74M	49.68M	20.56M	0.00	20.84M	84.94M	80.21M	101.02M	93.02M
Normalized Net Operating Profit after Tax (NOPAT)	-93	-66	82	82	23	301	1,530	960	1,170
Normalized NOPAT Margin	-31.91%	-33.84%	29.77%	26.09%	10.55%	32.29%	40.34%	27.60%	22.48%
Pre Tax Income Margin	-311.07%	-101.87%	60.79%	21.41%	19.71%	27.06%	43.62%	28.73%	20.79%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-14.96	-2.21	65.61	26.31	22.02	26.96	52.36	6.47	3.37
NOPAT to Interest Expense	-11.13	-1.46	43.18	39.83	-13.13	23.59	46.50	4.89	2.51
EBIT Less CapEx to Interest Expense	-22.76	-3.06	-37.16	-70.64	-9.18	11.58	49.39	6.12	3.73
NOPAT Less CapEx to Interest Expense	-18.94	-2.31	-59.59	-57.12	-44.32	8.22	43.53	4.54	2.87
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	33.97%	43.02%	84.19%	58.88%
Augmented Payout Ratio	-0.89%	0.00%	0.00%	0.00%	0.00%	33.97%	43.02%	125.05%	109.83%

This table displays calculated financial ratios and metrics derived from Civitas Resources' official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	430.60%	59.52%	-19.78%	-42.63%	2.77%	38.38%	102.62%	98.73%	22.79%	14.74%
EBITDA Growth	700.21%	60.68%	54.01%	-48.94%	-25.31%	48.42%	67.52%	118.61%	83.32%	-1.94%
EBIT Growth	827.05%	63.37%	121.66%	-69.43%	-55.27%	22.46%	16.59%	106.79%	106.19%	-33.13%
NOPAT Growth	483.02%	131.30%	-43.05%	-74.15%	-20.94%	1.64%	95.13%	116.96%	-15.74%	-11.13%
Net Income Growth	897.94%	72.19%	120.93%	-70.29%	-65.58%	7.45%	-13.16%	55.07%	111.78%	-50.11%
EPS Growth	261.83%	-22.95%	129.91%	-68.61%	-67.09%	-0.30%	-29.27%	25.00%	92.95%	-52.44%
Operating Cash Flow Growth	530.16%	521.91%	1.18%	-53.31%	-26.83%	64.63%	50.79%	6.64%	60.73%	1.77%
Free Cash Flow Firm Growth	-545.33%	104.27%	105.99%	89.15%	-43.41%	-2,952.16%	-2,721.54%	-1,735.10%	63.80%	78.94%
Invested Capital Growth	223.02%	2.19%	-0.72%	9.03%	93.89%	96.88%	123.12%	111.11%	19.09%	12.23%
Revenue Q/Q Growth	-12.46%	-19.22%	-19.43%	0.69%	56.83%	8.77%	17.97%	-1.24%	-3.10%	1.64%
EBITDA Q/Q Growth	-8.65%	-21.46%	-20.30%	-10.70%	33.62%	56.08%	-10.05%	16.53%	12.05%	-16.51%
EBIT Q/Q Growth	-12.69%	-30.32%	-28.19%	-30.04%	27.77%	90.77%	-31.63%	24.09%	27.39%	-38.13%
NOPAT Q/Q Growth	-24.88%	-32.44%	-31.73%	-25.39%	129.78%	-13.15%	31.05%	-17.04%	-10.77%	-8.39%
Net Income Q/Q Growth	-13.45%	-30.53%	-28.17%	-31.20%	0.28%	116.84%	-41.95%	22.85%	36.95%	-48.92%
EPS Q/Q Growth	-13.50%	-30.59%	-25.23%	-30.08%	-9.30%	110.26%	-46.95%	23.56%	40.00%	-48.17%
Operating Cash Flow Q/Q Growth	-1.68%	-27.87%	5.21%	-37.43%	54.08%	62.29%	-3.63%	-55.75%	132.23%	2.76%
Free Cash Flow Firm Q/Q Growth	-6.03%	105.29%	36.26%	-242.13%	-1,300.85%	-5.14%	-25.24%	0.51%	72.36%	38.84%
Invested Capital Q/Q Growth	0.37%	0.70%	-1.20%	9.17%	78.50%	2.26%	11.97%	3.30%	0.70%	-3.63%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	90.71%	89.85%	88.20%	88.16%	91.39%	91.93%	92.29%	91.89%	91.54%	91.55%
EBITDA Margin	75.68%	73.57%	72.78%	64.55%	54.99%	78.91%	60.17%	71.00%	82.10%	67.44%
Operating Margin	52.43%	43.70%	36.75%	27.17%	36.61%	30.16%	32.11%	29.47%	27.25%	24.68%
EBIT Margin	54.52%	47.03%	41.92%	29.13%	23.73%	41.62%	24.12%	30.31%	39.85%	24.26%
Profit (Net Income) Margin	40.26%	34.62%	30.86%	21.09%	13.48%	26.88%	13.23%	16.45%	23.25%	11.69%
Tax Burden Percent	74.85%	75.08%	75.67%	75.84%	82.47%	79.93%	83.39%	76.33%	76.02%	75.65%
Interest Burden Percent	98.64%	98.03%	97.29%	95.45%	68.89%	80.79%	65.76%	71.12%	76.77%	63.70%
Effective Tax Rate	25.15%	24.92%	24.33%	24.16%	17.53%	20.07%	16.61%	23.67%	23.98%	24.35%
Return on Invested Capital (ROIC)	42.10%	25.16%	20.36%	12.51%	13.11%	11.30%	13.93%	12.88%	9.90%	9.31%
ROIC Less NNEP Spread (ROIC-NNEP)	30.06%	3.83%	43.22%	14.65%	2.67%	13.20%	5.40%	9.80%	10.67%	7.07%
Return on Net Nonoperating Assets (RNNOA)	-0.76%	-0.05%	0.78%	0.44%	0.78%	3.76%	1.94%	4.33%	7.06%	4.46%
Return on Equity (ROE)	41.34%	25.10%	21.14%	12.95%	13.89%	15.06%	15.88%	17.22%	16.97%	13.77%
Cash Return on Invested Capital (CROIC)	-64.20%	28.11%	28.39%	10.35%	-51.75%	-53.21%	-62.86%	-56.80%	-6.26%	-0.56%
Operating Return on Assets (OROA)	39.51%	24.24%	20.69%	10.40%	7.32%	13.12%	8.80%	11.55%	14.42%	8.70%
Return on Assets (ROA)	29.17%	17.84%	15.23%	7.53%	4.16%	8.48%	4.83%	6.27%	8.42%	4.19%
Return on Common Equity (ROCE)	41.34%	25.10%	21.14%	12.95%	13.89%	15.06%	15.88%	17.22%	16.97%	13.77%
Return on Equity Simple (ROE_SIMPLE)	21.51%	0.00%	26.64%	20.40%	12.68%	0.00%	11.42%	12.67%	14.85%	0.00%
Net Operating Profit after Tax (NOPAT)	396	267	182	136	313	272	356	295	263	241
NOPAT Margin	39.24%	32.82%	27.81%	20.60%	30.19%	24.10%	26.78%	22.49%	20.71%	18.67%
Net Nonoperating Expense Percent (NNEP)	12.04%	21.33%	-22.87%	-2.13%	10.44%	-1.90%	8.53%	3.08%	-0.77%	2.23%
Return On Investment Capital (ROIC_SIMPLE)	-	4.63%	-	-	-	2.48%	-	-	-	2.17%
Cost of Revenue to Revenue	9.29%	10.15%	11.80%	11.84%	8.61%	8.07%	7.71%	8.11%	8.46%	8.45%
SG&A Expenses to Revenue	3.70%	5.34%	5.64%	5.26%	3.87%	5.03%	4.92%	4.62%	4.63%	4.60%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	38.28%	46.15%	51.45%	61.00%	54.78%	61.78%	60.18%	62.42%	64.29%	66.87%
Earnings before Interest and Taxes (EBIT)	550	383	275	192	246	469	321	398	507	314
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	763	599	477	426	570	889	800	932	1,044	872
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.77	0.76	0.96	1.01	1.15	0.96	1.05	1.05	0.75	0.67
Price to Tangible Book Value (P/TBV)	0.77	0.76	0.96	1.01	1.15	0.96	1.05	1.05	0.75	0.67
Price to Revenue (P/Rev)	1.16	1.08	1.34	1.63	2.18	1.70	1.68	1.44	0.99	0.85
Price to Earnings (P/E)	3.59	3.27	3.59	4.97	9.04	7.54	9.19	8.28	5.03	5.28
Dividend Yield	4.79%	4.85%	3.89%	3.09%	2.72%	3.17%	3.30%	5.00%	8.82%	9.74%
Earnings Yield	27.82%	30.58%	27.87%	20.12%	11.07%	13.27%	10.88%	12.08%	19.88%	18.95%
Enterprise Value to Invested Capital (EV/IC)	0.76	0.74	0.95	1.01	1.09	0.97	1.03	1.03	0.85	0.80
Enterprise Value to Revenue (EV/Rev)	1.08	0.98	1.30	1.74	3.32	2.75	2.73	2.44	1.94	1.70
Enterprise Value to EBITDA (EV/EBITDA)	1.65	1.48	1.76	2.41	5.07	4.05	4.23	3.67	2.67	2.42
Enterprise Value to EBIT (EV/EBIT)	2.45	2.20	2.57	3.90	9.58	8.10	9.24	8.17	5.77	5.75
Enterprise Value to NOPAT (EV/NOPAT)	2.81	2.48	3.44	5.57	11.86	10.71	10.66	9.54	8.30	7.72
Enterprise Value to Operating Cash Flow (EV/OCF)	1.84	1.50	1.90	2.60	5.51	4.28	4.52	4.62	3.43	3.09
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	2.67	3.35	10.21	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.07	0.07	0.08	0.60	0.61	0.77	0.67	0.74	0.73	0.68
Long-Term Debt to Equity	0.07	0.07	0.08	0.60	0.61	0.77	0.67	0.74	0.73	0.68
Financial Leverage	-0.03	-0.01	0.02	0.03	0.29	0.28	0.36	0.44	0.66	0.63
Leverage Ratio	1.44	1.47	1.51	1.75	1.82	1.91	1.94	2.17	2.19	2.27
Compound Leverage Factor	1.42	1.44	1.47	1.67	1.25	1.54	1.28	1.54	1.68	1.44
Debt to Total Capital	6.96%	6.82%	7.16%	37.66%	38.06%	43.64%	40.08%	42.61%	42.06%	40.40%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	6.96%	6.82%	7.16%	37.66%	38.06%	43.64%	40.08%	42.61%	42.06%	40.40%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	93.04%	93.18%	92.84%	62.34%	61.94%	56.36%	59.92%	57.39%	57.94%	59.60%
Debt to EBITDA	0.17	0.16	0.15	1.35	1.79	2.03	1.65	1.53	1.32	1.23
Net Debt to EBITDA	-0.13	-0.15	-0.06	0.15	1.74	1.55	1.63	1.50	1.31	1.21
Long-Term Debt to EBITDA	0.17	0.16	0.15	1.35	1.79	2.03	1.65	1.53	1.32	1.23
Debt to NOPAT	0.29	0.26	0.29	3.11	4.18	5.35	4.17	3.98	4.11	3.92
Net Debt to NOPAT	-0.22	-0.25	-0.12	0.35	4.07	4.09	4.12	3.91	4.07	3.85
Long-Term Debt to NOPAT	0.29	0.26	0.29	3.11	4.18	5.35	4.17	3.98	4.11	3.92
Altman Z-Score	1.87	1.80	1.92	1.38	0.93	0.95	0.82	0.91	0.84	0.78
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	0.94	1.13	0.90	2.80	0.47	1.16	0.37	0.42	0.45	0.45
Quick Ratio	0.80	0.94	0.74	2.38	0.33	0.88	0.25	0.28	0.28	0.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-3,032	160	218	-310	-4,348	-4,571	-5,725	-5,696	-1,574	-963
Operating Cash Flow to CapEx	0.00%	0.00%	191.62%	116.68%	190.38%	0.00%	142.16%	67.45%	151.34%	0.00%
Free Cash Flow to Firm to Interest Expense	-405.99	21.23	29.32	-35.46	-56.86	-50.75	-52.15	-49.58	-13.37	-8.46
Operating Cash Flow to Interest Expense	95.09	67.85	72.34	38.52	6.79	9.36	7.40	3.13	7.09	7.54
Operating Cash Flow Less CapEx to Interest Expense	103.35	148.86	34.59	5.51	3.23	17.00	2.20	-1.51	2.41	21.67
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.72	0.52	0.49	0.36	0.31	0.32	0.36	0.38	0.36	0.36
Accounts Receivable Turnover	16.44	10.74	11.47	9.90	6.95	8.19	10.07	12.63	8.98	9.04
Inventory Turnover	13.84	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	0.87	0.60	0.56	0.48	0.35	0.38	0.40	0.47	0.39	0.41
Accounts Payable Turnover	1.43	1.18	1.22	1.21	0.70	0.78	0.78	0.86	0.66	0.76
Days Sales Outstanding (DSO)	22.21	33.97	31.82	36.86	52.50	44.56	36.23	28.91	40.63	40.39
Days Inventory Outstanding (DIO)	26.38	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	255.30	309.38	299.88	300.67	520.54	468.04	467.05	425.15	551.65	482.96
Cash Conversion Cycle (CCC)	-206.72	-275.41	-268.06	-263.81	-468.04	-423.48	-430.81	-396.25	-511.02	-442.58
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,964	4,999	4,939	5,392	9,625	9,842	11,020	11,384	11,463	11,046
Invested Capital Turnover	1.07	0.77	0.73	0.61	0.43	0.47	0.52	0.57	0.48	0.50
Increase / (Decrease) in Invested Capital	3,427	107	-36	446	4,661	4,843	6,081	5,991	1,838	1,204
Enterprise Value (EV)	3,773	3,707	4,714	5,462	10,502	9,573	11,351	11,704	9,778	8,845
Market Capitalization	4,062	4,082	4,876	5,116	6,898	5,912	6,965	6,906	4,983	4,427
Book Value per Share	$61.78	$63.14	$63.61	$62.74	$64.21	$65.92	$65.99	$65.80	$67.80	$68.68
Tangible Book Value per Share	$61.78	$63.14	$63.61	$62.74	$64.21	$65.92	$65.99	$65.80	$67.80	$68.68
Total Capital	5,646	5,767	5,495	8,095	9,721	10,967	11,073	11,476	11,510	11,122
Total Debt	393	393	394	3,049	3,700	4,786	4,438	4,890	4,842	4,494
Total Long-Term Debt	393	393	394	3,049	3,700	4,786	4,438	4,890	4,842	4,494
Net Debt	-289	-375	-162	346	3,605	3,661	4,386	4,798	4,794	4,418
Capital Expenditures (CapEx)	-62	-612	281	289	273	-688	572	533	552	-1,609
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-763	-618	-658	-511	-1,166	-832	-1,677	-1,428	-1,202	-1,293
Debt-free Net Working Capital (DFNWC)	-81	151	-102	2,192	-1,071	293	-1,625	-1,336	-1,154	-1,217
Net Working Capital (NWC)	-81	151	-102	2,192	-1,071	293	-1,625	-1,336	-1,154	-1,217
Net Nonoperating Expense (NNE)	-10	-15	-20	-3.19	173	-31	180	79	-32	90
Net Nonoperating Obligations (NNO)	-289	-375	-162	346	3,605	3,661	4,386	4,798	4,794	4,418
Total Depreciation and Amortization (D&A)	213	216	202	234	324	420	479	534	537	558
Debt-free, Cash-free Net Working Capital to Revenue	-21.88%	-16.29%	-18.13%	-16.27%	-36.82%	-23.92%	-40.38%	-29.72%	-23.84%	-24.83%
Debt-free Net Working Capital to Revenue	-2.32%	3.97%	-2.80%	69.84%	-33.81%	8.41%	-39.13%	-27.81%	-22.90%	-23.37%
Net Working Capital to Revenue	-2.32%	3.97%	-2.80%	69.84%	-33.81%	8.41%	-39.13%	-27.81%	-22.90%	-23.37%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$4.77	$3.31	$2.48	$1.73	$1.57	$3.31	$1.75	$2.17	$3.02	$1.54
Adjusted Weighted Average Basic Shares Outstanding	85.07M	85.01M	81.72M	80.39M	88.91M	86.24M	100.55M	99.43M	97.91M	98.87M
Adjusted Diluted Earnings per Share	$4.74	$3.29	$2.46	$1.72	$1.56	$3.28	$1.74	$2.15	$3.01	$1.56
Adjusted Weighted Average Diluted Shares Outstanding	85.55M	85.60M	82.43M	81.14M	89.63M	86.99M	101.29M	100.25M	98.22M	99.18M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	85.11M	80.21M	80.44M	93.76M	93.77M	101.02M	100.09M	98.35M	96.51M	93.02M
Normalized Net Operating Profit after Tax (NOPAT)	397	268	183	160	336	291	375	301	264	242
Normalized NOPAT Margin	39.38%	32.90%	27.86%	24.18%	32.45%	25.82%	28.20%	22.95%	20.72%	18.71%
Pre Tax Income Margin	53.78%	46.10%	40.78%	27.80%	16.35%	33.63%	15.86%	21.56%	30.59%	15.45%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	73.59	50.73	36.92	21.98	3.21	5.21	2.92	3.46	4.30	2.75
NOPAT to Interest Expense	52.96	35.40	24.49	15.55	4.09	3.02	3.24	2.57	2.24	2.12
EBIT Less CapEx to Interest Expense	81.85	131.75	-0.83	-11.03	-0.35	12.85	-2.29	-1.18	-0.38	16.89
NOPAT Less CapEx to Interest Expense	61.23	116.41	-13.26	-17.47	0.52	10.66	-1.96	-2.07	-2.45	16.25
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	36.27%	43.02%	44.65%	64.57%	88.74%	84.19%	83.86%	73.13%	60.12%	58.88%
Augmented Payout Ratio	36.27%	43.02%	66.73%	95.69%	130.72%	125.05%	95.38%	96.14%	87.37%	109.83%

Frequently Asked Questions About Civitas Resources' Financials

When does Civitas Resources's financial year end?

According to the most recent income statement we have on file, Civitas Resources' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Civitas Resources' net income changed over the last 8 years?

Civitas Resources' net income appears to be on an upward trend, with a most recent value of $838.72 million in 2024, falling from -$745.55 million in 2015. The previous period was $784.29 million in 2023.

What is Civitas Resources's operating income?

Civitas Resources's total operating income in 2024 was $1.48 billion, based on the following breakdown:

Total Gross Profit: $4.78 billion
Total Operating Expenses: $3.30 billion

How has Civitas Resources revenue changed over the last 8 years?

Over the last 8 years, Civitas Resources' total revenue changed from $292.68 million in 2015 to $5.21 billion in 2024, a change of 1,679.0%.

How much debt does Civitas Resources have?

Civitas Resources' total liabilities were at $8.32 billion at the end of 2024, a 5.0% increase from 2023, and a 691.8% increase since 2015.

How much cash does Civitas Resources have?

In the past 8 years, Civitas Resources' cash and equivalents has ranged from $11.01 million in 2019 to $1.12 billion in 2023, and is currently $75.83 million as of their latest financial filing in 2024.

How has Civitas Resources' book value per share changed over the last 8 years?

Over the last 8 years, Civitas Resources' book value per share changed from 4.21 in 2015 to 68.68 in 2024, a change of 1,532.2%.

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This page (NYSE:CIVI) was last updated on 4/16/2025 by MarketBeat.com Staff

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Civitas Resources (CIVI) Financials

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Civitas Resources (CIVI) Financials

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