Civitas Resources Past Earnings Performance
Past criteria checks 2/6
Civitas Resources has been growing earnings at an average annual rate of 52.7%, while the Oil and Gas industry saw earnings growing at 37.1% annually. Revenues have been growing at an average rate of 57.8% per year. Civitas Resources's return on equity is 12.7%, and it has net margins of 22.5%.
Key information
52.7%
Earnings growth rate
17.5%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 57.8% |
| Return on equity | 12.7% |
| Net Margin | 22.5% |
| Next Earnings Update | 02 May 2024 |
Recent past performance updates
Recent updates
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 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 23Civitas Leaps Into The Permian Basin With $4.7 Billion Double Splash
Jun 21These 4 Measures Indicate That Civitas Resources (NYSE:CIVI) Is Using Debt Safely
May 23Civitas Resources: Predictable Performance And Low Valuation Make It A Target
May 23Calculating The Intrinsic Value Of Civitas Resources, Inc. (NYSE:CIVI)
May 08Here's Why We Think Civitas Resources (NYSE:CIVI) Might Deserve Your Attention Today
Mar 20Civitas Resources Q4 2022 Earnings Preview
Feb 21Does Civitas Resources (NYSE:CIVI) Have A Healthy Balance Sheet?
Feb 17David Einhorn's Greenlight drops Intel, Rivian stakes, boosts Global Payments
Feb 14Civitas Resources: Capable Of Generating Strong FCF In 2023 Despite Weaker Natural Gas Prices
Feb 07A Look At The Intrinsic Value Of Civitas Resources, Inc. (NYSE:CIVI)
Feb 02Civitas Resources to repurchase $300M of stock from CPP Investments
Jan 24Here's Why We Think Civitas Resources (NYSE:CIVI) Might Deserve Your Attention Today
Dec 19Civitas Resources goes ex-dividend tomorrow
Dec 13Is Civitas Resources (NYSE:CIVI) Using Too Much Debt?
Nov 17Civitas Resources Non-GAAP EPS of $3.56 beats by $0.04, revenue of $1B beats by $122.05M
Oct 31Civitas Resources May Offer A 10+% Yield In 2023
Oct 12Civitas Resources: A Colorado Producer On Dividend Steroids
Sep 05Is Civitas Resources, Inc. (NYSE:CIVI) Trading At A 47% Discount?
Sep 01Civitas: A Pure Play With High Cash-Flow Makes A Strong Buy Case
Aug 24Revenue & Expenses BreakdownBeta
How Civitas Resources makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 3,479 | 784 | 163 | 0 |
| 30 Sep 23 | 3,167 | 763 | 143 | 0 |
| 30 Jun 23 | 3,139 | 1,029 | 142 | 0 |
| 31 Mar 23 | 3,630 | 1,359 | 135 | 0 |
| 31 Dec 22 | 3,791 | 1,248 | 132 | 0 |
| 30 Sep 22 | 3,488 | 1,130 | 131 | 0 |
| 30 Jun 22 | 2,670 | 765 | 108 | 0 |
| 31 Mar 22 | 1,674 | 271 | 95 | 0 |
| 31 Dec 21 | 931 | 179 | 73 | 0 |
| 30 Sep 21 | 483 | 76 | 46 | 0 |
| 30 Jun 21 | 352 | 38 | 41 | 0 |
| 31 Mar 21 | 232 | 25 | 34 | 0 |
| 31 Dec 20 | 218 | 104 | 36 | 0 |
| 30 Sep 20 | 235 | 40 | 35 | 0 |
| 30 Jun 20 | 251 | 73 | 37 | 0 |
| 31 Mar 20 | 301 | 153 | 39 | 0 |
| 31 Dec 19 | 313 | 67 | 40 | 0 |
| 30 Sep 19 | 300 | 176 | 42 | 0 |
| 30 Jun 19 | 299 | 183 | 43 | 0 |
| 31 Mar 19 | 285 | 147 | 43 | 0 |
| 31 Dec 18 | 277 | 168 | 43 | 0 |
| 30 Sep 18 | 261 | 56 | 45 | 0 |
| 30 Jun 18 | 231 | 17 | 47 | 0 |
| 31 Mar 18 | 204 | 106 | 47 | 0 |
| 31 Dec 17 | 192 | -2 | 65 | 0 |
| 30 Sep 17 | 189 | -64 | 44 | 0 |
| 30 Jun 17 | 193 | -103 | 50 | 0 |
| 31 Mar 17 | 204 | -246 | 56 | 0 |
| 31 Dec 16 | 195 | -199 | 77 | 0 |
| 30 Sep 16 | 205 | -705 | 67 | 0 |
| 30 Jun 16 | 228 | -783 | 73 | 0 |
| 31 Mar 16 | 264 | -774 | 85 | 0 |
| 31 Dec 15 | 293 | -746 | 86 | 0 |
| 30 Sep 15 | 359 | -214 | 89 | 0 |
| 30 Jun 15 | 443 | -54 | 82 | 0 |
| 31 Mar 15 | 504 | -11 | 87 | 0 |
| 31 Dec 14 | 559 | 17 | 87 | 0 |
| 30 Sep 14 | 569 | 83 | 82 | 0 |
| 30 Jun 14 | 538 | 53 | 80 | 0 |
| 31 Mar 14 | 471 | 66 | 62 | 0 |
| 31 Dec 13 | 422 | 68 | 58 | 0 |
| 30 Sep 13 | 362 | 55 | 54 | 0 |
| 30 Jun 13 | 295 | 40 | 54 | 0 |
Quality Earnings: CIVI has high quality earnings.
Growing Profit Margin: CIVI's current net profit margins (22.5%) are lower than last year (32.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: CIVI's earnings have grown significantly by 52.7% per year over the past 5 years.
Accelerating Growth: CIVI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CIVI had negative earnings growth (-37.2%) over the past year, making it difficult to compare to the Oil and Gas industry average (-20.8%).
Return on Equity
High ROE: CIVI's Return on Equity (12.7%) is considered low.