Civitas Resources Inc's fundamentals are relatively stable, and its growth potential is high.Its valuation is considered fairly valued, ranking 35/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 36.85.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Civitas Resources Inc's Score
Industry at a Glance
Industry Ranking
35 / 120
Overall Ranking
167 / 4582
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
15
analysts
Hold
Current Rating
36.846
Target Price
+24.90%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Civitas Resources Inc Highlights
StrengthsRisks
Civitas Resources, Inc. is an independent exploration and production company. It is focused on the acquisition, development and production of crude oil and liquids-rich natural gas from its premier assets in the Permian Basin in Texas and New Mexico and the DJ Basin in Colorado. Its development facilities are in Southeastern New Mexico and West Texas, and in counties across the Front Range of northern and central Colorado. Its DJ Basin assets are comprised of over 274,400 net acres located in Weld, Arapahoe, Adams, and Boulder counties, Colorado. Its operations in the DJ Basin target the Niobrara and Codell formations. Its Permian Basin assets are comprised of over 120,400 net acres located in Upton, Reagan, Glasscock, Martin, Midland, Reeves, and Loving counties, Texas and Eddy and Lea counties, New Mexico. Its operations in the Permian Basin primarily target the Spraberry and Wolfcamp formations of the Midland Basin and the Wolfcamp and Bone Spring formations of the Delaware Basin.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 37.33% year-on-year.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 58.32%.
Undervalued
The company’s latest PB is 0.35, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 96.09M shares, decreasing 1.20% quarter-over-quarter.
Civitas Resources, Inc. is an independent exploration and production company. It is focused on the acquisition, development and production of crude oil and liquids-rich natural gas from its premier assets in the Permian Basin in Texas and New Mexico and the DJ Basin in Colorado. Its development facilities are in Southeastern New Mexico and West Texas, and in counties across the Front Range of northern and central Colorado. Its DJ Basin assets are comprised of over 274,400 net acres located in Weld, Arapahoe, Adams, and Boulder counties, Colorado. Its operations in the DJ Basin target the Niobrara and Codell formations. Its Permian Basin assets are comprised of over 120,400 net acres located in Upton, Reagan, Glasscock, Martin, Midland, Reeves, and Loving counties, Texas and Eddy and Lea counties, New Mexico. Its operations in the Permian Basin primarily target the Spraberry and Wolfcamp formations of the Midland Basin and the Wolfcamp and Bone Spring formations of the Delaware Basin.
Ticker SymbolCIVI
CompanyCivitas Resources Inc
CEOVan Kempen (Wouter T)
Websitehttps://civitasresources.com/
FAQs
What is the current price of Civitas Resources Inc (CIVI)?
The current price of Civitas Resources Inc (CIVI) is 27.785.
What is the symbol of Civitas Resources Inc?
The ticker symbol of Civitas Resources Inc is CIVI.
What is the 52-week high of Civitas Resources Inc?
The 52-week high of Civitas Resources Inc is 55.350.
What is the 52-week low of Civitas Resources Inc?
The 52-week low of Civitas Resources Inc is 22.790.
What is the market capitalization of Civitas Resources Inc?
The market capitalization of Civitas Resources Inc is 2.37B.
What is the net income of Civitas Resources Inc?
The net income of Civitas Resources Inc is 838.72M.
Is Civitas Resources Inc (CIVI) currently rated as Buy, Hold, or Sell?
According to analysts, Civitas Resources Inc (CIVI) has an overall rating of Hold, with a price target of 36.846.
What is the Earnings Per Share (EPS TTM) of Civitas Resources Inc (CIVI)?
The Earnings Per Share (EPS TTM) of Civitas Resources Inc (CIVI) is 6.890.