Civitas Resources Management
Management criteria checks 1/4
Civitas Resources' CEO is Chris Doyle, appointed in May 2022, has a tenure of 2.67 years. total yearly compensation is $12.46M, comprised of 10.9% salary and 89.1% bonuses, including company stock and options. directly owns 0.063% of the company’s shares, worth $2.79M. The average tenure of the management team and the board of directors is 1.3 years and 3.2 years respectively.
Key information
Chris Doyle
Chief executive officer
US$12.5m
Total compensation
| CEO salary percentage | 10.9% |
| CEO tenure | 2.7yrs |
| CEO ownership | 0.06% |
| Management average tenure | 1.3yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Civitas Continues To Deliver Peer-Leading Free Cash Flow
Dec 18Civitas Resources, Inc.'s (NYSE:CIVI) Earnings Are Not Doing Enough For Some Investors
Dec 15
Civitas Resources (NYSE:CIVI) Takes On Some Risk With Its Use Of Debt
Nov 03Civitas Resources: A Strategic Growth And Value Play Opportunity
Oct 15Civitas Resources Stock: Substantial Upside Potential
Sep 19Investors Aren't Entirely Convinced By Civitas Resources, Inc.'s (NYSE:CIVI) Earnings
Sep 02Civitas Resources, Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Aug 04Civitas Resources: M&A Driven Growth, And Very Undervalued
Jul 18Civitas Resources, Inc.'s (NYSE:CIVI) Intrinsic Value Is Potentially 42% Above Its Share Price
Jul 12Civitas Resources: The Acquisitions Continue
May 21Take Care Before Diving Into The Deep End On Civitas Resources, Inc. (NYSE:CIVI)
May 03Is Civitas Resources (NYSE:CIVI) Using Too Much Debt?
Apr 15Civitas Resources, Inc.'s (NYSE:CIVI) Intrinsic Value Is Potentially 99% Above Its Share Price
Mar 24Civitas Resources, Inc. (NYSE:CIVI) Screens Well But There Might Be A Catch
Dec 27Civitas: Higher For Longer
Dec 17Civitas Resources (NYSE:CIVI) Takes On Some Risk With Its Use Of Debt
Dec 04Civitas Resources Bolsters Its Permian Position With Low-Priced Acquisition
Oct 05Does Civitas Resources (NYSE:CIVI) Have A Healthy Balance Sheet?
Aug 31Civitas Resources, Inc. (NYSE:CIVI) Shares Could Be 37% Below Their Intrinsic Value Estimate
Aug 10Civitas Resources: Essential Basin Diversification
Aug 02We Ran A Stock Scan For Earnings Growth And Civitas Resources (NYSE:CIVI) Passed With Ease
Jun 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$990m |
| Jun 30 2024 | n/a | n/a | US$834m |
| Mar 31 2024 | n/a | n/a | US$758m |
| Dec 31 2023 | US$12m | US$1m | US$784m |
| Sep 30 2023 | n/a | n/a | US$763m |
| Jun 30 2023 | n/a | n/a | US$1b |
| Mar 31 2023 | n/a | n/a | US$1b |
| Dec 31 2022 | US$10m | US$850k | US$1b |
Compensation vs Market: Chris's total compensation ($USD12.46M) is above average for companies of similar size in the US market ($USD6.66M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.
CEO
Chris Doyle (51 yo)
2.7yrs
Tenure
US$12,463,145
Compensation
Mr. M. Christopher Doyle, also known as Chris, served as Director of Blue Sky Infrastructure, LLC until 2024. He serves as Director at Civitas Resources, Inc. since July 27, 2022. He served as an Executive...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.7yrs | US$12.46m | 0.063% $ 2.8m | |
| Chief Financial Officer & Treasurer | 3.2yrs | US$5.02m | 0.078% $ 3.5m | |
| Chief Operating Officer | 1.8yrs | US$6.49m | 0.0064% $ 282.9k | |
| Chief Administrative Officer & Secretary | 2.4yrs | US$4.72m | 0.020% $ 905.3k | |
| Chief Transformation Officer | 1.4yrs | US$3.50m | 0.0028% $ 124.0k | |
| Senior VP & Chief Accounting Officer | less than a year | no data | no data | |
| Vice President | less than a year | no data | no data | |
| Senior VP | 1.1yrs | no data | no data | |
| Senior Vice President of Corporate Development | less than a year | no data | no data | |
| Senior VP of Rockies | 2.4yrs | no data | no data | |
| Senior Vice President of Permian | 1.1yrs | no data | no data | |
| Chief Sustainability Officer and SVP of Environmental | 1.1yrs | no data | no data |
1.3yrs
Average Tenure
48.5yo
Average Age
Experienced Management: CIVI's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2.5yrs | US$12.46m | 0.063% $ 2.8m | |
| Independent Director | 3.2yrs | US$294.53k | 0.028% $ 1.2m | |
| Independent Director | 10.2yrs | US$307.35k | 0.023% $ 998.8k | |
| Independent Director | 3.2yrs | US$314.53k | no data | |
| Independent Non-Executive Chairman | 1.9yrs | US$482.31k | no data | |
| Independent Director | 3.2yrs | US$319.53k | no data | |
| Independent Director | 5.3yrs | US$314.53k | 0.015% $ 685.3k | |
| Independent Director | 3.2yrs | US$294.53k | no data | |
| Independent Director | 1.9yrs | US$375.51k | no data |
3.2yrs
Average Tenure
56yo
Average Age
Experienced Board: CIVI's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 23:05 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Civitas Resources, Inc. is covered by 46 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Phillip Jungwirth | BMO Capital Markets Equity Research |
| Daniel McSpirit | BMO Capital Markets U.S. (Historical) |
| Jason Smith | BofA Global Research |