Financial Snapshot

Revenue
$5.041B
TTM
Gross Margin
88.88%
TTM
Net Earnings
$990.5M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
45.39%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$6.668B
Q3 2024
Cash
Q3 2024
P/E
4.736
Nov 29, 2024 EST
Free Cash Flow
$4.019B
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $3.479B $3.791B $930.6M $218.1M $313.2M $276.7M $192.1M $195.3M $292.7M $558.6M $421.9M $231.2M $105.7M $45.10M $29.20M $35.10M
YoY Change -8.23% 307.41% 326.71% -30.37% 13.22% 44.0% -1.62% -33.28% -47.6% 32.4% 82.48% 118.73% 134.37% 54.45% -16.81% 150.71%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $3.479B $3.791B $930.6M $218.1M $313.2M $276.7M $192.1M $195.3M $292.7M $558.6M $421.9M $231.2M $105.7M $45.10M $29.20M $35.10M
Cost Of Revenue $346.4M $201.9M $69.82M $36.91M $37.26M $45.61M $50.87M $56.50M $76.40M $72.40M $47.80M
Gross Profit $3.133B $3.589B $860.8M $181.2M $276.0M $231.0M $141.3M $138.8M $216.3M $486.2M $374.1M
Gross Profit Margin 90.04% 94.67% 92.5% 83.08% 88.1% 83.51% 73.52% 71.07% 73.9% 87.04% 88.67%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Selling, General & Admin $451.7M $412.0M $127.6M $52.69M $56.35M $52.19M $57.77M $77.07M $70.30M $81.60M $55.50M $62.10M $35.90M $21.10M $18.40M $16.10M
YoY Change 9.65% 222.76% 142.26% -6.5% 7.98% -9.66% -25.04% 9.62% -13.85% 47.03% -10.63% 72.98% 70.14% 14.67% 14.29% 82.95%
% of Gross Profit 14.42% 11.48% 14.83% 29.08% 20.42% 22.59% 40.9% 55.52% 32.5% 16.78% 14.84%
Research & Development $2.178M $6.981M $7.937M $596.0K $797.0K $291.0K $7.444M $946.0K $15.80M $5.300M $4.200M $10.70M $900.0K $200.0K $0.00 $0.00
YoY Change -68.8% -12.04% 1231.71% -25.22% 173.88% -96.09% 686.89% -94.01% 198.11% 26.19% -60.75% 1088.89% 350.0% -100.0%
% of Gross Profit 0.07% 0.19% 0.92% 0.33% 0.29% 0.13% 5.27% 0.68% 7.3% 1.09% 1.12%
Depreciation & Amortization $1.171B $816.4M $226.9M $91.24M $76.45M $41.88M $49.38M $111.2M $244.9M $228.9M $140.5M $68.44M $31.51M $14.70M $14.10M $11.10M
YoY Change 43.45% 259.78% 148.71% 19.34% 82.54% -15.18% -55.6% -54.59% 7.02% 62.83% 105.34% 117.23% 114.34% 4.26% 27.03% 164.29%
% of Gross Profit 37.38% 22.75% 26.36% 50.36% 27.7% 18.13% 34.96% 80.13% 113.23% 47.07% 37.57%
Operating Expenses $2.340B $1.807B $608.6M $229.2M $207.7M $164.3M $114.6M $324.4M $1.200B $606.1M $274.9M $153.3M $71.30M $36.70M $30.90M $27.20M
YoY Change 29.46% 196.99% 165.47% 10.39% 26.42% 43.35% -64.68% -72.97% 97.99% 120.52% 79.3% 115.01% 94.27% 18.77% 13.6% 107.63%
Operating Profit $793.1M $1.782B $252.2M -$48.05M $68.30M $112.4M $26.66M -$129.1M -$907.4M -$47.51M $147.0M $77.90M $34.43M
YoY Change -55.5% 606.5% -624.97% -170.36% -39.24% 321.54% -120.65% -85.77% 1810.17% -132.32% 88.69% 126.3%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Interest Expense $182.7M $32.20M -$70.21M $51.42M $2.650M $2.603M -$21.79M $62.06M $57.05M $46.45M $21.97M $4.133M $4.017M -$29.20M -$45.70M $32.40M
YoY Change 467.53% -145.86% -236.55% 1840.26% 1.81% -111.94% -135.12% 8.77% 22.83% 111.39% 431.63% 2.88% -113.76% -36.11% -241.05% -490.36%
% of Operating Profit 23.04% 1.81% -27.83% 3.88% 2.32% -81.74% 14.95% 5.31% 11.67%
Other Income/Expense, Net -$140.0M -$330.3M -$70.28M $54.13M -$38.49M $55.79M -$159.0K -$69.84M -$2.997M $75.51M -$34.49M -$3.341M -$6.926M $32.70M -$80.80M $70.70M
YoY Change -57.6% 369.9% -229.85% -240.62% -168.99% -35189.31% -99.77% 2230.33% -103.97% -318.96% 932.18% -51.76% -121.18% -140.47% -214.29% -318.89%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Pretax Income $999.5M $1.654B $251.8M $42.98M $67.07M $168.2M -$2.736M -$199.0M -$910.4M $28.01M $112.5M $74.56M $27.50M $10.40M -$130.2M $108.1M
YoY Change -39.57% 556.84% 485.79% -35.91% -60.12% -6247.15% -98.62% -78.15% -3350.76% -75.11% 50.89% 171.14% 164.42% -107.99% -220.44% -367.57%
Income Tax $215.2M $405.7M $72.86M -$60.55M $0.00 $0.00 $400.0K $0.00 -$164.9M $13.14M $42.68M $31.30M $11.20M -$94.45K $0.00 $0.00
% Of Pretax Income 21.53% 24.53% 28.94% -140.87% 0.0% 0.0% 46.9% 37.94% 41.98% 40.72% -0.91% 0.0%
Net Earnings $784.3M $1.248B $178.9M $103.5M $67.07M $168.2M -$2.360M -$199.0M -$745.5M $19.90M $67.50M $46.50M $12.70M $14.60M -$129.8M $68.80M
YoY Change -37.16% 597.56% 72.82% 54.37% -60.12% -7226.53% -98.81% -73.31% -3846.23% -70.52% 45.16% 266.14% -13.01% -111.25% -288.66% -270.3%
Net Earnings / Revenue 22.54% 32.92% 19.23% 47.47% 21.41% 60.79% -1.23% -101.87% -254.7% 3.56% 16.0% 20.11% 12.02% 32.37% -444.52% 196.01%
Basic Earnings Per Share $9.09 $14.68 $4.82 $4.98 $3.25 $8.20 -$4.04 -$15.57 $0.50 $1.72 $1.17 $0.43
Diluted Earnings Per Share $9.02 $14.58 $4.74 $4.95 $3.24 $8.16 -$115.5K -$4.04 -$15.57 $0.49 $1.71 $1.17 $0.43 $48.66 -$432.70 $229.30

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Cash & Short-Term Investments $1.125B $768.0M $254.5M $24.74M $11.01M $12.92M $12.71M $80.57M $21.30M $2.600M $180.6M $4.300M $2.100M $0.00
YoY Change 46.45% 201.84% 928.39% 124.77% -14.77% 1.61% -84.22% 278.24% 719.23% -98.56% 4100.0% 104.76%
Cash & Equivalents $1.125B $768.0M $254.5M $24.74M $11.01M $12.92M $12.71M $80.57M $21.30M $2.600M $180.6M $4.300M $2.100M $0.00
Short-Term Investments
Other Short-Term Assets $266.4M $81.08M $24.45M $11.06M $9.932M $39.04M $7.043M $5.915M $33.70M $98.70M $2.500M $5.200M $3.200M $2.100M
YoY Change 228.59% 231.69% 121.1% 11.32% -74.56% 454.32% 19.07% -82.45% -65.86% 3848.0% -51.92% 62.5% 52.38%
Inventory $12.39M $9.185M $7.726M $3.478M $1.019M $4.685M $8.500M $15.40M $10.70M $1.700M $3.300M $400.0K
Prepaid Expenses
Receivables $753.2M $479.3M $428.7M $47.42M $81.85M $79.38M $32.38M $21.26M $56.50M $91.80M $70.40M $44.10M $23.50M $11.80M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $2.144B $1.328B $719.9M $92.41M $110.5M $134.8M $53.15M $112.4M $120.1M $208.5M $264.2M $55.30M $32.10M $14.40M
YoY Change 61.42% 84.52% 679.11% -16.39% -18.02% 153.63% -52.72% -6.39% -42.4% -21.08% 377.76% 72.27% 122.92%
Property, Plant & Equipment $11.91B $6.635B $5.985B $1.027B $1.092B $918.0M $774.1M $1.019B $1.137B $1.757B $1.267B $943.2M $618.2M $496.6M
YoY Change 79.57% 10.87% 482.73% -5.96% 18.97% 18.59% -24.03% -10.4% -35.25% 38.61% 34.35% 52.57% 24.49%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $38.09M $7.739M $35.86M $63.39M $3.665M $8.749M $3.136M $3.082M $2.300M $41.10M $14.50M $4.000M $14.00M $4.200M
YoY Change 392.12% -78.42% -43.43% 1629.63% -58.11% 178.99% 1.75% 34.0% -94.4% 183.45% 262.5% -71.43% 233.33%
Total Long-Term Assets $11.95B $6.643B $6.021B $1.090B $1.096B $926.7M $777.2M $1.022B $1.140B $1.798B $1.282B $947.2M $632.2M $501.7M
YoY Change 79.93% 10.33% 452.19% -0.49% 18.24% 19.24% -23.95% -10.31% -36.61% 40.25% 35.31% 49.83% 26.01%
Total Assets $14.10B $7.971B $6.741B $1.183B $1.206B $1.062B $830.4M $1.134B $1.260B $2.006B $1.546B $1.003B $664.3M $516.1M
YoY Change
Accounts Payable $162.7M $42.54M $19.62M $1.931M $17.12M $11.53M $6.256M $1.140M $1.100M $5.500M $114.2M $10.00M $5.000M $6.200M
YoY Change 282.42% 116.8% 916.21% -88.72% 48.43% 84.34% 448.77% 3.64% -80.0% -95.18% 1042.0% 100.0% -19.35%
Accrued Expenses $867.8M $512.6M $339.3M $47.42M $51.76M $67.86M $55.07M $52.96M $95.30M $140.3M $7.100M $62.80M $22.10M $9.900M
YoY Change 69.28% 51.11% 615.41% -8.38% -23.73% 23.23% 3.97% -44.43% -32.07% 1876.06% -88.69% 184.16% 123.23%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $117.0K $0.00 $985.4M
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $1.852B $1.178B $1.120B $74.48M $104.7M $99.48M $89.22M $1.070B $136.0M $198.4M $175.2M $102.6M $38.50M $23.20M
YoY Change 57.22% 5.22% 1403.02% -28.89% 5.29% 11.5% -91.67% 687.11% -31.45% 13.24% 70.76% 166.49% 65.95%
Long-Term Debt $4.786B $393.3M $491.7M $0.00 $80.00M $50.00M $0.00 $0.00 $871.7M $840.6M $508.8M $158.0M $6.600M $55.40M
YoY Change 1116.84% -20.02% -100.0% 60.0% -100.0% 3.7% 65.21% 222.03% 2293.94% -88.09%
Other Long-Term Liabilities $713.6M $706.6M $474.8M $63.08M $84.89M $48.15M $52.82M $44.95M $42.60M $61.30M $53.20M $53.00M $11.60M $12.70M
YoY Change 0.98% 48.82% 652.77% -25.7% 76.32% -8.85% 17.5% 5.52% -30.51% 15.23% 0.38% 356.9% -8.66%
Total Long-Term Liabilities $5.499B $1.100B $966.5M $63.08M $164.9M $98.15M $52.82M $44.95M $914.3M $901.9M $562.0M $211.0M $18.20M $68.10M
YoY Change 399.97% 13.8% 1432.32% -61.75% 68.01% 85.82% 17.5% -95.08% 1.37% 60.48% 166.35% 1059.34% -73.27%
Total Liabilities $7.916B $2.597B $2.086B $137.6M $269.6M $197.6M $142.0M $1.115B $1.050B $1.266B $889.9M $424.0M $136.4M $159.7M
YoY Change 204.76% 24.52% 1416.45% -48.98% 36.44% 39.13% -87.27% 6.21% -17.05% 42.26% 109.88% 210.85% -14.59%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $4.6906 Billion

About CIVITAS RESOURCES, INC.

Civitas Resources, Inc. is an independent exploration and production company, which focuses on the acquisition, development, and production of crude oil and associated liquids-rich natural gas primarily in the Denver-Julesburg Basin in Colorado and the Permian Basin in Texas and New Mexico. The company is headquartered in Denver, Colorado and currently employs 516 full-time employees. The company went IPO on 2011-12-15. The Company’s operations are focused along the Denver-Julesburg (DJ), Delaware and Midland Basins. Its development facilities are located in counties across the Front Range of northern and central Colorado, as well as Southeastern New Mexico and West Texas. Its acreage position in the DJ Basin is about 453,600 net acres and, in the Permian Basin, it is about 68,500 net acres. The firm has a total production of about 280,000 barrels of oil equivalent (BOE).

Industry: Crude Petroleum & Natural Gas Peers: CONOCOPHILLIPS DENBURY INC RANGE RESOURCES CORP Magnolia Oil & Gas Corp Matador Resources Co MURPHY OIL CORP PDC ENERGY, INC. Chord Energy Corp SM Energy Co Viper Energy, Inc.