CIVI icon

Civitas Resources

49.03 USD
+0.28
0.57%
At close Feb 13, 4:00 PM EST
After hours
48.52
-0.51
1.04%
1 day
0.57%
5 days
1.68%
1 month
-7.00%
3 months
-4.13%
6 months
-20.37%
Year to date
2.79%
1 year
-21.20%
5 years
177.48%
10 years
25.08%
 

About: Civitas Resources Inc is an independent exploration and production company engaged in the acquisition, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region, in the Denver-Julesburg Basin of Colorado (DJ Basin). The company's operations are focused on developing the horizontal Niobrara and Codell formations that have a low-cost structure, mature infrastructure, production efficiencies, multiple producing horizons, multiple service providers, established reserves, and prospective drilling opportunities.

Employees: 516

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 7 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

52% more repeat investments, than reductions

Existing positions increased: 175 | Existing positions reduced: 115

0.64% more ownership

Funds ownership: 94.65% [Q2] → 95.3% (+0.64%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 10 [Q2] → 10 (+0) [Q3]

5% less funds holding

Funds holding: 411 [Q2] → 392 (-19) [Q3]

10% less call options, than puts

Call options by funds: $22.4M | Put options by funds: $25M

18% less first-time investments, than exits

New positions opened: 61 | Existing positions closed: 74

27% less capital invested

Capital invested by funds: $6.53B [Q2] → $4.74B (-$1.79B) [Q3]

Research analyst outlook

7 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$64
31%
upside
Avg. target
$74
50%
upside
High target
$84
71%
upside

7 analyst ratings

positive
100%
neutral
0%
negative
0%
Piper Sandler
Mark Lear
49% 1-year accuracy
85 / 175 met price target
45%upside
$71
Overweight
Maintained
29 Jan 2025
Truist Securities
Neal Dingmann
41% 1-year accuracy
64 / 156 met price target
63%upside
$80
Buy
Maintained
13 Jan 2025
Morgan Stanley
Devin McDermott
35% 1-year accuracy
9 / 26 met price target
31%upside
$64
Overweight
Initiated
10 Jan 2025
RBC Capital
Scott Hanold
40% 1-year accuracy
18 / 45 met price target
43%upside
$70
Outperform
Reiterated
6 Jan 2025
Keybanc
Tim Rezvan
45% 1-year accuracy
17 / 38 met price target
71%upside
$84
Overweight
Reiterated
3 Jan 2025

Financial journalist opinion

Based on 3 articles about CIVI published over the past 30 days

Neutral
Business Wire
1 week ago
Civitas Resources, Inc. Updates its Fourth Quarter 2024 Results and 2025 Outlook Conference Call and Webcast Schedule
DENVER--(BUSINESS WIRE)--Civitas updates conference call/webcast timing.
Civitas Resources, Inc. Updates its Fourth Quarter 2024 Results and 2025 Outlook Conference Call and Webcast Schedule
Neutral
Business Wire
3 weeks ago
Civitas Resources, Inc. Schedules Fourth Quarter 2024 Results and 2025 Outlook Conference Call and Webcast
DENVER--(BUSINESS WIRE)--Civitas Announces Date for Its 4Q24 Earnings Call and 2025 Outlook.
Civitas Resources, Inc. Schedules Fourth Quarter 2024 Results and 2025 Outlook Conference Call and Webcast
Neutral
Reuters
4 weeks ago
Civitas Resources weighs sale of DJ Basin assets, Bloomberg News reports
Oil and gas producer Civitas Resources is exploring a sale of part or all of its assets in the Denver-Julesburg Basin (DJ Basin) in Colorado, which could be valued at more than $4 billion, Bloomberg News reported on Wednesday.
Civitas Resources weighs sale of DJ Basin assets, Bloomberg News reports
Positive
Zacks Investment Research
1 month ago
Are Investors Undervaluing Civitas Resources (CIVI) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Are Investors Undervaluing Civitas Resources (CIVI) Right Now?
Positive
Seeking Alpha
1 month ago
Undercovered Dozen: Fannie Mae, Civitas Resources, LifeVantage, ZenaTech +
The 'Undercovered' Dozen series highlights lesser-covered stocks, offering investment ideas and encouraging discussion among investors. Pacifica Yield highlights Brookfield Infrastructure's subordinated notes with a 32% discount opportunity and a 7.2% yield, backed by a strong balance sheet and diversified assets. Cerence Inc.'s partnership with Nvidia boosts its AI capabilities according to Uttam Dey, but caution is advised due to recent stock surge and potential volatility.
Undercovered Dozen: Fannie Mae, Civitas Resources, LifeVantage, ZenaTech +
Positive
Seeking Alpha
1 month ago
Big Dividends And Buybacks: The More It Drops, The More I Buy
While the market is at all-time highs, some sectors are actually in correction territory. I share one that has pulled back by ~10% in recent weeks, yet contains several opportunities with extremely strong fundamentals, attractive yields, big buybacks, and sound balance sheets. I share one of my top picks.
Big Dividends And Buybacks: The More It Drops, The More I Buy
Positive
Seeking Alpha
1 month ago
Bargain Civitas Resources Is Speculatively Interesting
Bargain Civitas Resources Is Speculatively Interesting
Bargain Civitas Resources Is Speculatively Interesting
Neutral
Seeking Alpha
1 month ago
18-25% Cash Flow Yields: 1 To Buy, 2 To Avoid
High cash flow yield stocks offer the potential for massive total returns. However, not all high cash flow yields are good investments. I share one that is a Strong Buy right now and two that I think should be avoided.
18-25% Cash Flow Yields: 1 To Buy, 2 To Avoid
Positive
Seeking Alpha
1 month ago
Civitas Continues To Deliver Peer-Leading Free Cash Flow
Civitas Resources, operating in the DJ and Permian Basins, offers a strong base dividend of 4.2% and potential price tailwinds from share repurchases. Despite a 33.92% YTD decline, Civitas has robust free cash flow and resolved regulatory uncertainties in Colorado until 2028. On a YTD basis, the production profile is 2/3 oil and 1/3 natural gas, though Civitas can shift production to more gas if there are pricing tailwinds.
Civitas Continues To Deliver Peer-Leading Free Cash Flow
Positive
Seeking Alpha
3 months ago
High Yield Oil And Gas Ranked By Relative Quality
With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-factor relative value matrix and ranked from most to least favorable. Based on this evaluation, EQNR, VRN, MGYOY, PCCYF, and CHRD appear to be the best prospects.
High Yield Oil And Gas Ranked By Relative Quality
Charts implemented using Lightweight Charts™