Civitas Resources, Inc.

NYSE•CIVI

CEO: Mr. M. Christopher Doyle

Sector: Energy

Industry: Oil & Gas Exploration & Production

Listing Date: 2011-12-15

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 Field of the Denver-Julesburg Basin of Colorado. It also holds interest in production wells. The company was formerly known as Bonanza Creek Energy, Inc. Civitas Resources, Inc. was founded in 1999 and is based in Denver, Colorado.

Contact Information

555 17th Street, Suite 3700, Denver, CO, 80202, United States

303-293-9100

civitasresources.com

Market Cap

$2.34B

P/E (TTM)

3.8

21.6

Dividend Yield

7.3%

52W High

$52.22

52W Low

$22.79

52W Range

16%

Rank40Top 42.0%

4.1

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 4.1 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$1.17B-8.13%

4-Quarter Trend

EPS

$1.99-34.11%

4-Quarter Trend

FCF

$355.00M+25.32%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Natural Gas Pricing Strength Natural gas price (pre-derivatives) averaged $1.61/Mcf for nine months, up 152% versus prior year's $0.64/Mcf.

SM Energy Merger Announced Agreed to merge with SM Energy via fixed exchange ratio of 1.45 shares, pending stockholder approvals.

Capital Spending Levels Capital expenditures for drilling and development totaled $1.5B for nine months, funding future production growth plans.

Strong Liquidity Maintained Liquidity stands at $2.2B as of September 30, 2025, supported by $2.1B available credit capacity.

Risk Factors

Crude Oil Price Decline Average crude oil price before derivatives fell 14% to $66.54/Bbl for nine months, impacting overall revenue.

Net Income Decreased Nine-month net income dropped to $487M from $688M, reflecting lower realized commodity prices and sales volumes.

Merger Consummation Uncertainty Closing the SM Energy merger depends on stockholder votes and regulatory clearance; failure impacts operations.

Total Debt Increased Total debt reached $5.139B as of September 30, 2025, up from $4.973B at year-end 2024.

Outlook

Reinstated Capital Return Board reinstated 50% of Adjusted Free Cash Flow allocation to share repurchases, subject to merger closing.

Funding 2025 Capital Program Expect 2025 capital program to be funded by projected cash flows from operations, maintaining liquidity.

Credit Facility Review Schedule Next scheduled borrowing base redetermination under the Credit Facility is set to occur in May 2026.

Peer Comparison

Revenue (TTM)

CIVI

$4.71B

-6.6%

RIG

$3.97B

+12.5%

$3.15B

+18.1%

Gross Margin (Latest Quarter)

CIVI

70.9%

+32.1pp

GPOR

69.8%

+10.4pp

STNG

66.2%

-2.7pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
VIST	$7.61B	10.3	37.3%	46.4%
RIG	$5.83B	-2.1	-32.6%	36.2%
GPOR	$3.94B	9.1	23.9%	26.0%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-3.3%

Flat Growth

4Q Net Income CAGR

5.4%

Profitability Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 5, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data