Civitas Resources, Inc. (CIVI)
Civitas Resources, Inc. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Denver, CO, US. The stock last traded at $27.38, down 1.37% on the session, giving a market capitalisation of $2.34B. On trailing twelve-month figures it carries a trailing P/E of 5.15, a net margin of 14.3%. Its beta of 0.92 implies it has historically moved less than the broad market.
Civitas Resources, Inc. (CIVI) operates as an independent energy producer, primarily engaged in the exploration, development, and extraction of oil and natural gas. Its core operations are concentrated in the Rocky Mountain region, with a significant focus on Colorado's Denver-Julesburg (DJ) Basin, particularly the Wattenberg Field. As of December 31, 2021, the company reported substantial proved reserves totaling 397.7 million barrels of oil equivalent (MMBoe). This volume was composed of 143.6 million barrels (MMbbls) of crude oil, 106.0 MMbbls of natural gas liquids, and 888.5 billion cubic feet (Bcf) of natural gas. Founded in 1999, Civitas Resources, Inc., which previously operated under the name Bonanza Creek Energy, Inc., maintains its headquarters in Denver, Colorado.
Civitas Resources, Inc. is most often compared with the following Energy names: