Mizuho upgraded Civitas Resources from Neutral to Buy and set a new price target of $86.00 from $96.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2024 | $60.00 | Neutral | UBS |
| 9/18/2024 | $67.00 | Overweight | JP Morgan |
| 7/18/2024 | $90.00 | Outperform | Wolfe Research |
| 6/13/2024 | $90.00 | Buy | TD Cowen |
| 5/28/2024 | $90.00 | Outperform | RBC Capital Mkts |
| 2/7/2024 | $92.00 | Overweight | Piper Sandler |
| 1/5/2024 | Outperform | Pickering Energy Partners | |
| 1/3/2024 | $96.00 → $86.00 | Neutral → Buy | Mizuho |
Civitas Resources, Inc. (NYSE:CIVI) ("Civitas" or the "Company"), today announced that its Board of Directors approved a quarterly dividend of $0.50 per share, payable on December 27, 2024 to shareholders of record as of December 13, 2024. About Civitas Civitas Resources, Inc. is an independent exploration and production company focused on the acquisition, development, and production of crude oil and liquids-rich natural gas from its premier assets in the DJ Basin in Colorado and the Permian Basin in Texas and New Mexico. Civitas' proven business model to maximize shareholder returns is focused on four key strategic pillars: generating significant free cash flow, maintaining a premier bal
Return of capital to shareholders and debt reduction benefiting from 2H24 production and free cash flow increase Civitas Resources, Inc. (NYSE:CIVI) (the "Company" or "Civitas") today reported its third quarter 2024 financial and operating results. A webcast and conference call is planned for 7 a.m. MT (9 a.m. ET) on Friday, November 8, 2024. Participation details are available in this release, and supplemental earnings materials can be accessed on the Company's website, www.civitasresources.com. Key Third Quarter 2024 Results Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Net Income ($MM) $295.8 $687.6 Adjusted Ne
Civitas Resources, Inc. (NYSE:CIVI) ("Civitas" or the "Company"), today announced plans to release its third quarter 2024 operating and financial results after market close on Thursday, November 7, 2024. A conference call and webcast are planned for 7 a.m. MT (9 a.m. ET), on Friday, November 8, 2024. The dial-in number for the call is 888-510-2535, with passcode 4872770. A live webcast and replay of this event will be available on the Investor Relations section of the Company's website at www.civitasresources.com. About Civitas Civitas Resources, Inc. is an independent exploration and production company focused on the acquisition, development, and production of crude oil and liquids-rich
Civitas Resources, Inc. (NYSE:CIVI) ("Civitas" or the "Company") today announced that Brad Whitmarsh has joined Civitas as Vice President, Investor Relations. Mr. Whitmarsh will report to Chief Financial Officer Marianella Foschi and will serve as the primary liaison between the Company and the investment community. Mr. Whitmarsh joins Civitas with more than 20 years of leadership experience in the oil and gas industry. Prior to Civitas, Mr. Whitmarsh most recently served as Vice President, Investor Relations for Denbury Inc., a U.S. focused producer utilizing carbon dioxide (CO2) via enhanced oil recovery to produce carbon-negative oil. Prior to Denbury Inc., Mr. Whitmarsh was with Noble
NEW YORK, Sept. 26, 2023 /PRNewswire/ -- S&P SmallCap 600 constituent Civitas Resources Inc. (NYSE:CIVI) will replace Syneos Health Inc. (NASD: SYNH) in the S&P MidCap 400, and Hayward Holdings Inc. (NYSE:HAYW) will replace Civitas Resources in the S&P SmallCap 600 effective prior to the opening of trading on Friday, September 29. Elliot Investment Management is acquiring Syneos Health in a deal expected to be completed soon pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector September 29, 2023 S&P MidCap 400 Addition Civitas Resources
Civitas Resources, Inc. (NYSE:CIVI) ("Civitas" or the "Company") today announced the appointment of Jeff Kelly as Chief Transformation Officer, effective August 3, 2023. Chris Doyle, President and CEO, said, "On behalf of the Board of Directors and the Company, I am excited to welcome Jeff to the Civitas team. He is a proven leader and brings experience across all aspects of our business. He will lead our transformation to a diversified business of scale and bring a disciplined and strategic approach that will ensure Civitas continues to execute its business and capture the tremendous value we see in our equity today." Mr. Kelly will report to the CEO and lead the Company's integration
Civitas Resources, Inc. (NYSE:CIVI) ("Civitas" or the "Company"), today announced that its Board of Directors approved a quarterly dividend of $0.50 per share, payable on December 27, 2024 to shareholders of record as of December 13, 2024. About Civitas Civitas Resources, Inc. is an independent exploration and production company focused on the acquisition, development, and production of crude oil and liquids-rich natural gas from its premier assets in the DJ Basin in Colorado and the Permian Basin in Texas and New Mexico. Civitas' proven business model to maximize shareholder returns is focused on four key strategic pillars: generating significant free cash flow, maintaining a premier bal
Return of capital to shareholders and debt reduction benefiting from 2H24 production and free cash flow increase Civitas Resources, Inc. (NYSE:CIVI) (the "Company" or "Civitas") today reported its third quarter 2024 financial and operating results. A webcast and conference call is planned for 7 a.m. MT (9 a.m. ET) on Friday, November 8, 2024. Participation details are available in this release, and supplemental earnings materials can be accessed on the Company's website, www.civitasresources.com. Key Third Quarter 2024 Results Three Months Ended September 30, 2024 Nine Months Ended September 30, 2024 Net Income ($MM) $295.8 $687.6 Adjusted Ne
Civitas Resources, Inc. (NYSE:CIVI) ("Civitas" or the "Company"), today announced plans to release its third quarter 2024 operating and financial results after market close on Thursday, November 7, 2024. A conference call and webcast are planned for 7 a.m. MT (9 a.m. ET), on Friday, November 8, 2024. The dial-in number for the call is 888-510-2535, with passcode 4872770. A live webcast and replay of this event will be available on the Investor Relations section of the Company's website at www.civitasresources.com. About Civitas Civitas Resources, Inc. is an independent exploration and production company focused on the acquisition, development, and production of crude oil and liquids-rich
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10-Q - CIVITAS RESOURCES, INC. (0001509589) (Filer)
8-K - CIVITAS RESOURCES, INC. (0001509589) (Filer)
SD - CIVITAS RESOURCES, INC. (0001509589) (Filer)
Civitas Resources's (NYSE:CIVI) short percent of float has risen 19.41% since its last report. The company recently reported that it has 3.30 million shares sold short, which is 4.49% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.38 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short inte
Providing a diverse range of perspectives from bullish to bearish, 6 analysts have published ratings on Civitas Resources (NYSE:CIVI) in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 2 0 0 0 Last 30D 1 0 0 0 0 1M Ago 0 1 0 0 0 2M Ago 1 1 0 0 0 3M Ago 2 0 0 0 0 Analysts have recently evaluated Civitas Resources and provided 12-month price targets. The average target is $96.17, accompanied by a high es
Truist Securities analyst Neal Dingmann maintains Civitas Resources (NYSE:CIVI) with a Buy and lowers the price target from $105 to $100.
4 - CIVITAS RESOURCES, INC. (0001509589) (Issuer)
4 - CIVITAS RESOURCES, INC. (0001509589) (Issuer)
4 - CIVITAS RESOURCES, INC. (0001509589) (Issuer)
UBS initiated coverage of Civitas Resources with a rating of Neutral and set a new price target of $60.00
JP Morgan initiated coverage of Civitas Resources with a rating of Overweight and set a new price target of $67.00
Wolfe Research resumed coverage of Civitas Resources with a rating of Outperform and set a new price target of $90.00