Civitas Resources Future Growth

Future criteria checks 1/6

Civitas Resources is forecast to grow earnings and revenue by 12.1% and 7.3% per annum respectively while EPS is expected to grow by 18% per annum.

Key information

12.1%

Earnings growth rate

18.0%

EPS growth rate

Oil and Gas earnings growth	6.3%
Revenue growth rate	7.3%
Future return on equity	n/a
Analyst coverage	Good
Last updated	21 Aug 2024

Recent future growth updates

Civitas Resources, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Aug 04

Recent updates

Investors Aren't Entirely Convinced By Civitas Resources, Inc.'s (NYSE:CIVI) Earnings

Sep 02

Civitas Resources, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Aug 04

Civitas Resources: M&A Driven Growth, And Very Undervalued

Jul 18

Civitas Resources, Inc.'s (NYSE:CIVI) Intrinsic Value Is Potentially 42% Above Its Share Price

Jul 12

Civitas Resources: The Acquisitions Continue

May 21

Take Care Before Diving Into The Deep End On Civitas Resources, Inc. (NYSE:CIVI)

May 03

Is Civitas Resources (NYSE:CIVI) Using Too Much Debt?

Apr 15

Civitas Resources, Inc.'s (NYSE:CIVI) Intrinsic Value Is Potentially 99% Above Its Share Price

Mar 24

Civitas Resources, Inc. (NYSE:CIVI) Shares Could Be 37% Below Their Intrinsic Value Estimate

Aug 10

Civitas Resources: Essential Basin Diversification

Aug 02

We Ran A Stock Scan For Earnings Growth And Civitas Resources (NYSE:CIVI) Passed With Ease

Jun 23

Civitas Leaps Into The Permian Basin With $4.7 Billion Double Splash

Jun 21

These 4 Measures Indicate That Civitas Resources (NYSE:CIVI) Is Using Debt Safely

May 23

Civitas Resources: Predictable Performance And Low Valuation Make It A Target

May 23

Calculating The Intrinsic Value Of Civitas Resources, Inc. (NYSE:CIVI)

May 08

Earnings and Revenue Growth Forecasts

NYSE:CIVI - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	5,843	1,213	1,373	3,395	3
12/31/2025	5,612	1,157	1,491	3,497	8
12/31/2024	5,434	949	1,424	3,366	8
6/30/2024	4,805	834	489	2,535	N/A
3/31/2024	4,152	758	707	2,512	N/A
12/31/2023	3,479	784	723	2,239	N/A
9/30/2023	3,167	763	-2,618	1,908	N/A
6/30/2023	3,139	1,029	1,228	2,098	N/A
3/31/2023	3,630	1,359	1,691	2,483	N/A
12/31/2022	3,791	1,248	1,405	2,477	N/A
9/30/2022	3,488	1,130	953	2,047	N/A
6/30/2022	2,670	765	577	1,450	N/A
3/31/2022	1,674	271	80	764	N/A
12/31/2021	931	179	123	275	N/A
9/30/2021	483	76	128	240	N/A
6/30/2021	352	38	100	170	N/A
3/31/2021	232	25	88	154	N/A
12/31/2020	218	104	95	159	N/A
9/30/2020	235	40	56	173	N/A
6/30/2020	251	73	3	188	N/A
3/31/2020	301	153	-15	231	N/A
12/31/2019	313	67	-32	225	N/A
9/30/2019	300	176	-93	213	N/A
6/30/2019	299	183	-119	179	N/A
3/31/2019	285	147	-125	142	N/A
12/31/2018	277	168	-151	117	N/A
9/30/2018	261	56	-110	83	N/A
6/30/2018	231	17	-92	74	N/A
3/31/2018	204	106	N/A	8	N/A
12/31/2017	192	-2	N/A	8	N/A
9/30/2017	189	-64	N/A	-24	N/A
6/30/2017	193	-103	N/A	-24	N/A
3/31/2017	204	-246	N/A	4	N/A
12/31/2016	195	-199	N/A	15	N/A
9/30/2016	205	-705	N/A	83	N/A
6/30/2016	228	-783	N/A	142	N/A
3/31/2016	264	-774	N/A	185	N/A
12/31/2015	293	-746	N/A	226	N/A
9/30/2015	359	-214	N/A	225	N/A
6/30/2015	443	-54	N/A	269	N/A
3/31/2015	504	-11	N/A	318	N/A
12/31/2014	559	17	N/A	340	N/A
9/30/2014	569	83	N/A	392	N/A
6/30/2014	538	53	N/A	374	N/A
3/31/2014	471	66	N/A	345	N/A
12/31/2013	422	68	N/A	307	N/A
9/30/2013	362	55	N/A	256	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CIVI's forecast earnings growth (12.1% per year) is above the savings rate (2.5%).

Earnings vs Market: CIVI's earnings (12.1% per year) are forecast to grow slower than the US market (15% per year).

High Growth Earnings: CIVI's earnings are forecast to grow, but not significantly.

Revenue vs Market: CIVI's revenue (7.3% per year) is forecast to grow slower than the US market (8.7% per year).

High Growth Revenue: CIVI's revenue (7.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if CIVI's Return on Equity is forecast to be high in 3 years time

Civitas Resources Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Civitas Resources, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Civitas Resources, Inc. Provides Sales Guidance for the Second Quarter and Reiterates Sales Guidance for the Full Year of Fiscal 2024

Consensus EPS estimates fall by 19%

Price target increased by 7.8% to US$90.00

Consensus EPS estimates fall by 13%

Consensus revenue estimates increase by 12%

Recent updates

Investors Aren't Entirely Convinced By Civitas Resources, Inc.'s (NYSE:CIVI) Earnings

Second quarter dividend of US$1.52 announced

Civitas Resources, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Civitas Resources, Inc. (NYSE:CIVI) announces an Equity Buyback for $500 million worth of its shares.

Civitas Resources: M&A Driven Growth, And Very Undervalued

Civitas Resources, Inc.'s (NYSE:CIVI) Intrinsic Value Is Potentially 42% Above Its Share Price

Civitas Resources, Inc. to Report Q2, 2024 Results on Aug 01, 2024

Civitas Resources, Inc.(NYSE:CIVI) dropped from Russell 2000 Value-Defensive Index

Upcoming dividend of US$1.50 per share

Civitas Resources: The Acquisitions Continue

Civitas Resources, Inc. has completed a Follow-on Equity Offering in the amount of $513.391176 million.

Civitas Resources, Inc. has filed a Follow-on Equity Offering in the amount of $533.425954 million.

First quarter dividend of US$1.50 announced

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

Take Care Before Diving Into The Deep End On Civitas Resources, Inc. (NYSE:CIVI)

Civitas Resources, Inc. Provides Sales Guidance for the Second Quarter and Reiterates Sales Guidance for the Full Year of Fiscal 2024

Civitas Resources, Inc., Annual General Meeting, Jun 04, 2024

Is Civitas Resources (NYSE:CIVI) Using Too Much Debt?

Civitas Resources, Inc. to Report Q1, 2024 Results on May 02, 2024

Civitas Resources, Inc.'s (NYSE:CIVI) Intrinsic Value Is Potentially 99% Above Its Share Price

Consensus EPS estimates fall by 19%

Upcoming dividend of US$1.45 per share

Fourth quarter dividend of US$1.45 announced

Civitas Resources, Inc. Approves Quarterly Dividend, Payable on March 28, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Civitas Resources, Inc. to Report Q4, 2023 Results on Feb 27, 2024

Civitas Resources, Inc. (NYSE:CIVI) Screens Well But There Might Be A Catch

Civitas: Higher For Longer

Upcoming dividend of US$1.59 per share at 12% yield

Civitas Resources (NYSE:CIVI) Takes On Some Risk With Its Use Of Debt

Civitas Resources, Inc. Announces Executive Changes

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Civitas Resources, Inc. Approves Dividend, Payable on December 29, 2023

Civitas Resources, Inc. Approves Dividend, Payable on December 29, 2023

Civitas Resources, Inc. to Report Q3, 2023 Results on Nov 07, 2023

Investor sentiment deteriorates as stock falls 15%

Civitas Resources Bolsters Its Permian Position With Low-Priced Acquisition

Civitas Resources, Inc. (NYSE:CIVI) entered into a purchase and sale agreement to acquire Oil Producing Assets of Vencer Energy in the Midland Basin of West Texas for approximately $2.15 billion.

Civitas Resources, Inc.(NYSE:CIVI) dropped from S&P 600 Energy (Sector)

Now 20% undervalued

Upcoming dividend of US$1.74 per share at 9.5% yield

Price target increased by 7.8% to US$90.00

Does Civitas Resources (NYSE:CIVI) Have A Healthy Balance Sheet?

Civitas Resources, Inc. (NYSE:CIVI) Shares Could Be 37% Below Their Intrinsic Value Estimate

Civitas Resources, Inc. Appoints Jeff Kelly as Chief Transformation Officer

New minor risk - Shareholder dilution

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Civitas Resources, Inc. (NYSE : CIVI) completed the acquisition of Hibernia Energy III, LLC and Hibernia Energy III-B, LLC from funds managed by NGP Energy Capital Management, LLC.

Civitas Resources: Essential Basin Diversification

Consensus EPS estimates fall by 13%

Civitas Resources, Inc. to Report Q2, 2023 Results on Aug 02, 2023

We Ran A Stock Scan For Earnings Growth And Civitas Resources (NYSE:CIVI) Passed With Ease

Civitas Resources, Inc. (NYSE : CIVI) entered into an agreement to acquire Oil Producing Assets in Midland from funds managed by NGP Energy Capital Management, LLC for $2.3 billion.

Consensus revenue estimates increase by 12%

Civitas Resources, Inc. (NYSE:CIVI) signed a definitive agreement to acquire oil producing assets in Delaware Basins of New Mexico from Tap Rock Resources, LLC for $2.4 billion.

Civitas Leaps Into The Permian Basin With $4.7 Billion Double Splash

Now 25% undervalued

Civitas Resources, Inc. Terminates Matthew R. Owens as Chief Operating Officer

Upcoming dividend of US$2.12 per share at 11% yield

Now 20% undervalued after recent price drop

These 4 Measures Indicate That Civitas Resources (NYSE:CIVI) Is Using Debt Safely

Civitas Resources: Predictable Performance And Low Valuation Make It A Target

Chief Legal Officer & Secretary recently bought US$466k worth of stock

Calculating The Intrinsic Value Of Civitas Resources, Inc. (NYSE:CIVI)

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Civitas Resources, Inc. Provides Production Guidance for the Year 2023

Now 20% undervalued

Earnings and Revenue Growth Forecasts