Civitas Resources, Inc. (CIVI) Stock Analysis & Investment Frameworks
Civitas Resources, Inc. (CIVI) stock analysis on Invetso. Review Civitas Resources, Inc.’s key financial metrics, company overview and 10 institutional-grade investment frameworks including SWOT Analysis, Economic Moat, Porter’s Five Forces and the Invetso Quality Score.
Civitas Resources, Inc. Company Overview
- Exchange: New York Stock Exchange
- Sector: Energy
- Industry: Oil & Gas Exploration & Production
- Country: US
Civitas Resources, Inc. Key Financial Metrics
- Market Cap: $2.34B
- Revenue: $5.20B
- P/E Ratio: 2.79
- ROE: 4.47%
- ROIC: 5.80%
- Dividend Yield: 1.83%
About Civitas Resources, Inc.
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.