S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Dozens of animals taken from Virginia roadside zoo as part of investigation
New CBOE “special perk” helps traders target income every weekend (Ad)
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Elon Musk restores X account of conspiracy theorist Alex Jones
New CBOE “special perk” helps traders target income every weekend (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
New CBOE “special perk” helps traders target income every weekend (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Consumer product agency issues warning on small magnetic balls linked to deaths
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Dozens of animals taken from Virginia roadside zoo as part of investigation
New CBOE “special perk” helps traders target income every weekend (Ad)
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Elon Musk restores X account of conspiracy theorist Alex Jones
New CBOE “special perk” helps traders target income every weekend (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
New CBOE “special perk” helps traders target income every weekend (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Consumer product agency issues warning on small magnetic balls linked to deaths
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Dozens of animals taken from Virginia roadside zoo as part of investigation
New CBOE “special perk” helps traders target income every weekend (Ad)
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Elon Musk restores X account of conspiracy theorist Alex Jones
New CBOE “special perk” helps traders target income every weekend (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
New CBOE “special perk” helps traders target income every weekend (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Consumer product agency issues warning on small magnetic balls linked to deaths
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
Dozens of animals taken from Virginia roadside zoo as part of investigation
New CBOE “special perk” helps traders target income every weekend (Ad)
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
Elon Musk restores X account of conspiracy theorist Alex Jones
New CBOE “special perk” helps traders target income every weekend (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
New CBOE “special perk” helps traders target income every weekend (Ad)
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
Consumer product agency issues warning on small magnetic balls linked to deaths

Civitas Resources Stock Price, News & Analysis (NYSE:CIVI)

Notice: This company has been marked as potentially delisted and may not be actively trading.
Compare
Today's Range
$67.89
$69.20
50-Day Range
$17.76
$17.76
52-Week Range
$12.10
$17.89
Volume
890,351 shs
Average Volume
860,059 shs
Market Capitalization
$6.47 billion
P/E Ratio
7.65
Dividend Yield
2.90%
Price Target
$98.50

Civitas Resources MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
42.7% Upside
$98.50 Price Target
Short Interest
Bearish
10.05% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
61.44%
From $9.57 to $15.45 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.47 out of 5 stars

Oils/Energy Sector

88th out of 226 stocks

Crude Petroleum & Natural Gas Industry

42nd out of 69 stocks


CIVI stock logo

About Civitas Resources Stock (NYSE:CIVI)

Civitas Resources, Inc., 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.


CIVI Stock News Headlines

U.S. Oil Land Grab Continues
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Civitas Resources Inc - Ordinary Shares New
Civitas Resources Not Looking to Acquire for Now
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Recap: Civitas Resources Q3 Earnings
Civitas Resources Announces Third Quarter 2023 Results
Civitas Resources Q3 2023 Earnings Preview
Earnings Outlook For Civitas Resources
Civitas Resources, Inc. Common Stock (CIVI)
See More Headlines
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Company Calendar

Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Last Earnings
11/07/2023
Today
12/10/2023
Ex-Dividend for 12/29 Dividend
12/14/2023
Dividend Payable
12/29/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
23,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$98.50
High Stock Price Target
$106.00
Low Stock Price Target
$95.00
Potential Upside/Downside
+42.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$1.25 billion
Pretax Margin
31.45%

Debt

Sales & Book Value

Annual Sales
$3.79 billion
Cash Flow
$23.02 per share
Book Value
$63.14 per share

Miscellaneous

Free Float
93,277,000
Market Cap
$6.47 billion
Optionable
Not Optionable
Beta
1.59
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CIVI Stock Analysis - Frequently Asked Questions

Should I buy or sell Civitas Resources stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Civitas Resources in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CIVI shares.
View CIVI analyst ratings
or view top-rated stocks.

What is Civitas Resources' stock price target for 2024?

7 Wall Street research analysts have issued 1-year price targets for Civitas Resources' stock. Their CIVI share price targets range from $95.00 to $106.00. On average, they anticipate the company's stock price to reach $98.50 in the next year. This suggests a possible upside of 42.7% from the stock's current price.
View analysts price targets for CIVI
or view top-rated stocks among Wall Street analysts.

Are investors shorting Civitas Resources?

Civitas Resources saw a decline in short interest during the month of October. As of October 31st, there was short interest totaling 8,140,000 shares, a decline of 8.8% from the October 15th total of 8,930,000 shares. Based on an average trading volume of 1,540,000 shares, the days-to-cover ratio is currently 5.3 days. Currently, 10.5% of the shares of the company are sold short.
View Civitas Resources' Short Interest
.

When is Civitas Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our CIVI earnings forecast
.

How were Civitas Resources' earnings last quarter?

Civitas Resources, Inc. (NYSE:CIVI) announced its earnings results on Tuesday, November, 7th. The company reported $1.56 EPS for the quarter, missing analysts' consensus estimates of $2.55 by $0.99. Civitas Resources had a trailing twelve-month return on equity of 12.31% and a net margin of 24.10%.

How often does Civitas Resources pay dividends? What is the dividend yield for Civitas Resources?

Civitas Resources announced a None dividend on Tuesday, November 7th. Stockholders of record on Friday, December 15th will be given a dividend of $1.59 per share on Friday, December 29th. This represents a dividend yield of 11.8%. The ex-dividend date of this dividend is Thursday, December 14th.
Read our dividend analysis for CIVI
.

Is Civitas Resources a good dividend stock?

Civitas Resources (NYSE:CIVI) pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.96%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CIVI will have a dividend payout ratio of 12.94% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CIVI.

What other stocks do shareholders of Civitas Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Civitas Resources investors own include Allena Pharmaceuticals (ALNA), Galmed Pharmaceuticals (GLMD), JPMorgan Chase & Co. (JPM), Alibaba Group (BABA), Corbus Pharmaceuticals (CRBP), ImmunoGen (IMGN), Melinta Therapeutics (MLNT), NVIDIA (NVDA), VBI Vaccines (VBIV) and Aduro Biotech (ADRO).

Who are Civitas Resources' major shareholders?

Civitas Resources' stock is owned by a number of retail and institutional investors. Top institutional investors include Kimmeridge Energy Management Company LLC (8.90%), FMR LLC (5.19%), Victory Capital Management Inc. (2.38%), Sourcerock Group LLC (1.53%), LSV Asset Management (1.39%) and Bank of New York Mellon Corp (1.28%). Insiders that own company stock include Brant Demuth, Brian Cain, Canada Pension Plan Investment, Dean Tinsley, Iv Cyrus D Marter, Kimmeridge Energy Management C, M Christopher Doyle, Paul Keglevic, Sandra Garbiso and Travis L Counts.
View institutional ownership trends
.

This page (NYSE:CIVI) was last updated on 12/10/2023 by MarketBeat.com Staff

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