CIVI - Civitas Resources, Inc.
Price:
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--
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CONSENSUS:
Hold
DETAILS
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PRICE TARGET:
$31.00
DETAILS
HIGH:
$33.00
LOW:
$29.00
MEDIAN:
$31.00
CONSENSUS:
$31.00
UPSIDE:
13.22%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||
| Revenue | 5,202.4 | 3,473.8 | 3,787.6 | 930.6 | 218.1 | 313.2 | 276.7 | 195.3 | 195.3 | 292.7 | 558.6 | 421.9 | 231.2 | 64.0 |
| Cost of Revenue | 3,060.0 | 1,808.2 | 1,305.8 | 361.3 | 57.6 | 79.5 | 116.2 | 47.5 | 183.0 | 340.0 | 167.6 | 47.8 | 31.3 | 17.3 |
| Gross Profit | 2,142.4 | 1,665.6 | 2,481.7 | 569.4 | 160.5 | 233.7 | 160.4 | 147.8 | 12.3 | (47.3) | 391.0 | 374.1 | 199.9 | 46.7 |
| Operating Expenses | ||||||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 227.0 | 161.1 | 143.5 | 65.1 | 36.4 | 40.5 | 42.5 | 77.1 | 77.1 | 70.3 | 81.6 | 42.9 | 26.9 | 9.3 |
| Other Expenses | 404.6 | 280.7 | 311.6 | 81.3 | 0 | 0 | 0 | 0 | (2.5) | (2.5) | 0 | 184.2 | 95.1 | 26.2 |
| Operating Expenses | 631.6 | 441.8 | 455.0 | 146.5 | 36.4 | 40.5 | 42.8 | 77.1 | 85.7 | 86.1 | 81.6 | 227.1 | 122.0 | 35.5 |
| Operating Income | ||||||||||||||
| Operating Income | 1,510.8 | 1,223.8 | 2,026.7 | 422.9 | 124.1 | 193.2 | 115.1 | (129.1) | (136.9) | (853.4) | (47.5) | 147.0 | 77.9 | 11.2 |
| Interest Expense | 456.3 | 182.7 | 32.2 | 9.7 | 2.0 | 2.6 | 2.6 | 6.4 | 62.1 | 57.1 | 46.4 | 22.0 | 0 | (1.3) |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.1 | 0 |
| Profitability | ||||||||||||||
| EBITDA | 3,595.4 | 2,337.4 | 2,502.4 | 488.4 | 177.6 | 156.1 | 189.8 | 48.4 | (0.1) | (569.3) | 202.5 | 274.7 | 145.6 | 59.4 |
| EBIT | 1,539.0 | 1,166.2 | 1,686.0 | 261.5 | 49.0 | 68.4 | 170.8 | 3.7 | (136.9) | (853.4) | 74.5 | 134.5 | 78.7 | 27.9 |
| Income Before Tax | 1,082.7 | 999.5 | 1,653.8 | 251.8 | 43.0 | 67.1 | 168.2 | (198.9) | (198.9) | (910.4) | 28.0 | 112.5 | 74.6 | 10.0 |
| Income Tax Expense | 244.0 | 215.2 | 405.7 | 72.9 | (60.5) | 0 | 2.6 | (0.4) | 62.1 | (164.9) | (0.1) | 42.9 | 30.0 | (3.7) |
| Net Income | 838.7 | 784.3 | 1,248.1 | 178.9 | 103.5 | 67.1 | 168.2 | (198.9) | (198.9) | (745.5) | 20.3 | 155.4 | 104.6 | 13.7 |
| Per Share Data | ||||||||||||||
| EPS (Basic) | 8.48 | 9.09 | 14.68 | 4.82 | 4.98 | 3.25 | 8.20 | -6.67 | -450.82 | -1737.78 | 56.18 | 440.19 | 298.75 | 34.53 |
| EPS (Diluted) | 8.46 | 9.02 | 14.58 | 4.74 | 4.95 | 3.24 | 8.16 | -9.72 | -450.61 | -1737.78 | 55.89 | 439.24 | 298.75 | 34.53 |
| Shares Outstanding | 98.9 | 86.2 | 85.0 | 37.2 | 20.8 | 20.6 | 20.5 | 20.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 75.8 | 1,124.8 | 768.0 | 254.5 | 24.7 | 11.0 | 12.9 | 12.7 | 80.6 | 21.3 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 771.3 | 753.2 | 479.3 | 428.7 | 47.4 | 81.8 | 79.4 | 32.4 | 21.3 | 25.3 |
| Inventory | 0 | 9.4 | 0 | 12.4 | 9.2 | 7.7 | 3.5 | 1.0 | 4.7 | 8.5 |
| Other Current Assets | 141.2 | 247.5 | 51.5 | 24.4 | 7.5 | 2.9 | 34.4 | 0.5 | 0 | 60.8 |
| Total Current Assets | 988.3 | 2,144.4 | 1,328.4 | 719.9 | 92.4 | 110.5 | 134.8 | 53.2 | 112.4 | 120.1 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 13,888.0 | 11,914.8 | 6,635.2 | 5,984.7 | 1,027.0 | 1,092.1 | 918.0 | 774.1 | 1,019.0 | 922.3 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 6.7 | 2.8 | 2.9 | 0 |
| Other Non-Current Assets | 67.8 | 38.1 | 7.7 | 14.1 | 2.9 | 3.7 | 2.1 | 0.4 | 0.2 | 217.2 |
| Total Non-Current Assets | 13,955.8 | 11,952.9 | 6,643.0 | 6,021.1 | 1,090.4 | 1,095.8 | 926.7 | 777.2 | 1,022.0 | 1,139.6 |
| Total Assets | 14,944.1 | 14,097.3 | 7,971.4 | 6,741.0 | 1,182.8 | 1,206.3 | 1,061.5 | 830.4 | 1,134.5 | 1,259.6 |
| Current Liabilities | ||||||||||
| Account Payables | 737.6 | 821.9 | 570.1 | 485.9 | 20.5 | 46.1 | 31.4 | 21.9 | 24.9 | 1.1 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 985.4 | 0 |
| Deferred Revenue | 0 | 4.5 | 0 | 0 | 0 | 0 | 65.7 | 50.9 | 0 | 0 |
| Other Current Liabilities | 619.1 | 50.8 | 84.4 | 270.4 | 6.4 | 6.4 | 20.1 | 27.9 | 39.7 | 39.8 |
| Total Current Liabilities | 2,205.1 | 1,851.9 | 1,177.9 | 1,119.5 | 74.5 | 104.7 | 99.5 | 89.2 | 1,070.5 | 136.0 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 4,493.5 | 4,785.7 | 393.3 | 491.7 | 0 | 80 | 50 | 0 | 0 | 871.7 |
| Deferred Tax Liabilities | 800.6 | 564.8 | 319.6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 816.2 | 619.5 | 695.3 | 453.4 | 45.1 | 57.3 | 48.1 | 52.8 | 45.0 | 42.6 |
| Total Non-Current Liabilities | 6,110.3 | 6,064.1 | 1,419.6 | 966.5 | 63.1 | 164.9 | 98.1 | 52.8 | 45.0 | 914.3 |
| Total Liabilities | 8,315.4 | 7,916.0 | 2,597.5 | 2,086.0 | 137.6 | 269.6 | 197.6 | 142.0 | 1,115.4 | 1,050.2 |
| Stockholders' Equity | ||||||||||
| Common Stock | 5.0 | 5.0 | 4.9 | 4.9 | 4.3 | 4.3 | 4.3 | 4.3 | 0.0 | 0.0 |
| Retained Earnings | 1,528.4 | 1,211.9 | 1,157.8 | 451.0 | 333.8 | 230.2 | 163.2 | (5.0) | (796.0) | (597.0) |
| Accumulated Other Comprehensive Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Stockholders' Equity | 6,628.7 | 6,181.3 | 5,373.9 | 4,655.0 | 1,045.3 | 936.7 | 863.9 | 688.3 | 19.1 | 209.4 |
| Total Liabilities & Equity | 14,944.1 | 14,097.3 | 7,971.4 | 6,741.0 | 1,182.8 | 1,206.3 | 1,061.5 | 830.4 | 1,134.5 | 1,259.6 |
| Debt Metrics | ||||||||||
| Total Debt | 4,493.5 | 4,961.7 | 436.2 | 551.1 | 31.8 | 121.4 | 52.2 | 5.0 | 988.3 | 871.7 |
| Net Debt | 4,417.7 | 3,836.9 | (331.8) | 296.6 | 7.1 | 110.4 | 39.3 | (7.7) | 907.7 | 850.3 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 838.7 | 784.3 | 1,248.1 | 178.9 | 103.5 | 67.1 | 168.2 | (2.4) | (198.9) | (745.5) |
| Depreciation & Amortization | 2,056.4 | 1,171.2 | 816.4 | 226.9 | 91.2 | 88.1 | 41.9 | 52.4 | 111.2 | 244.9 |
| Stock-Based Compensation | 48.3 | 34.9 | 31.4 | 15.6 | 6.2 | 6.9 | 7.2 | 13.7 | 8.9 | 14.6 |
| Change in Working Capital | (339.3) | 71.9 | 276.1 | (56.7) | (13.0) | (7.8) | (24.8) | (28.0) | 21.8 | 20.0 |
| Other Non-Cash Items | 25.3 | (68.7) | (232.5) | (163.0) | 31.4 | 70.4 | (33.9) | 115.9 | 21.3 | 857.7 |
| Operating Cash Flow | 2,865.2 | 2,238.8 | 2,477.0 | 274.6 | 158.8 | 224.6 | 116.6 | 7.7 | 14.6 | 226.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (1,971.9) | (1,507.2) | (1,064.5) | (151.5) | (63.8) | (256.9) | (267.5) | (88.7) | (52.8) | (445.1) |
| Acquisitions | (905.1) | (3,816.9) | (236.2) | 222.4 | 0 | 0 | 103.1 | 0 | 0 | 1.5 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | (0.0) | (2.6) | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0 | 3.0 |
| Other Investing Activities | 205.1 | (1,271.4) | (972.5) | 2.6 | 0 | 1.8 | 103.1 | (67.1) | (14.7) | (9.0) |
| Investing Cash Flow | (2,671.9) | (5,243.2) | (1,306.1) | 73.5 | (63.8) | (255.2) | (164.4) | (88.6) | (67.5) | (452.6) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (300) | 4,403.8 | (100) | (34.0) | (80.1) | 30 | 50 | (191.7) | 112.7 | 46 |
| Stock Repurchased | (427.3) | (320.4) | 0 | 0 | 0 | (1.2) | (0.9) | (2.8) | (0.3) | 0 |
| Dividends Paid | (493.8) | (660.3) | (536.9) | (60.8) | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (23.2) | (60.0) | (20.4) | (23.6) | (1.1) | (0.2) | (1.1) | (2.8) | (0.6) | (10.0) |
| Financing Cash Flow | (1,244.3) | 3,363.1 | (657.4) | (118.4) | (81.2) | 28.6 | 48.0 | 13.0 | 112.1 | 245.3 |
| Cash Position | ||||||||||
| Net Change in Cash | (1,051.0) | 358.7 | 513.6 | 229.7 | 13.8 | (1.9) | 0.2 | (67.9) | 59.2 | 18.8 |
| Cash at Beginning | 1,126.8 | 768.1 | 254.6 | 24.8 | 11.1 | 13.0 | 12.8 | 80.6 | 21.6 | 2.6 |
| Cash at End | 75.8 | 1,126.8 | 768.1 | 254.6 | 24.8 | 11.1 | 13.0 | 12.7 | 80.7 | 21.3 |
| Free Cash Flow | 893.4 | 731.5 | 1,412.5 | 123.1 | 95.0 | (32.3) | (150.9) | (81.0) | (38.2) | (219.1) |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||||||
| Revenue | 5,202.4 | 3,473.8 | 3,787.6 | 930.6 | 218.1 | 313.2 | 276.7 | 195.3 | 195.3 | 292.7 | 558.6 | 421.9 | 231.2 | 64.0 |
| Gross Profit | 2,142.4 | 1,665.6 | 2,481.7 | 569.4 | 160.5 | 233.7 | 160.4 | 147.8 | 12.3 | (47.3) | 391.0 | 374.1 | 199.9 | 46.7 |
| Operating Income | 1,510.8 | 1,223.8 | 2,026.7 | 422.9 | 124.1 | 193.2 | 115.1 | (129.1) | (136.9) | (853.4) | (47.5) | 147.0 | 77.9 | 11.2 |
| Net Income | 838.7 | 784.3 | 1,248.1 | 178.9 | 103.5 | 67.1 | 168.2 | (198.9) | (198.9) | (745.5) | 20.3 | 155.4 | 104.6 | 13.7 |
| EPS (Diluted) | 8.46 | 9.02 | 14.58 | 4.74 | 4.95 | 3.24 | 8.16 | -9.72 | -450.61 | -1737.78 | 55.89 | 439.24 | 298.75 | 34.53 |
| Balance Sheet | ||||||||||||||
| Cash & Equivalents | 75.8 | 1,124.8 | 768.0 | 254.5 | 24.7 | 11.0 | 12.9 | 12.7 | 80.6 | 21.3 | ||||
| Total Assets | 14,944.1 | 14,097.3 | 7,971.4 | 6,741.0 | 1,182.8 | 1,206.3 | 1,061.5 | 830.4 | 1,134.5 | 1,259.6 | ||||
| Total Debt | 4,493.5 | 4,961.7 | 436.2 | 551.1 | 31.8 | 121.4 | 52.2 | 5.0 | 988.3 | 871.7 | ||||
| Stockholders' Equity | 6,628.7 | 6,181.3 | 5,373.9 | 4,655.0 | 1,045.3 | 936.7 | 863.9 | 688.3 | 19.1 | 209.4 | ||||
| Cash Flow | ||||||||||||||
| Operating Cash Flow | 2,865.2 | 2,238.8 | 2,477.0 | 274.6 | 158.8 | 224.6 | 116.6 | 7.7 | 14.6 | 226.0 | ||||
| Capital Expenditure | (1,971.9) | (1,507.2) | (1,064.5) | (151.5) | (63.8) | (256.9) | (267.5) | (88.7) | (52.8) | (445.1) | ||||
| Free Cash Flow | 893.4 | 731.5 | 1,412.5 | 123.1 | 95.0 | (32.3) | (150.9) | (81.0) | (38.2) | (219.1) | ||||