Civitas Resources Stock News

Civitas Resources, operating in the DJ and Permian Basins, offers a strong base dividend of 4.2% and potential price tailwinds from share repurchases. Despite a 33.92% YTD decline, Civitas has robust free cash flow and resolved regulatory uncertainties in Colorado until 2028. On a YTD basis, the production profile is 2/3 oil and 1/3 natural gas, though Civitas can shift production to more gas i...

With oil near its one-year low and natural gas near its five-year low, oil and gas producers are on sale; with offering yields over 4%. Thirty-nine energy producers were evaluated by means of a multi-factor relative value matrix and ranked from most to least favorable. Based on this evaluation, EQNR, VRN, MGYOY, PCCYF, and CHRD appear to be the best prospects.

Civitas Resources, Inc. (NYSE:CIVI ) Q3 2024 Earnings Conference Call November 8, 2024 9:00 AM ET Company Participants Brad Whitmarsh - Head, Investor Relations Chris Doyle - Chief Executive Officer Marianella Foschi - Chief Financial Officer Hodge Walker - Chief Operating Officer Conference Call Participants Neal Dingmann - Truist Securities Zach Parham - J.P. Morgan Scott Hanold - RBC Capital...

In October, 42 new analysts joined Seeking Alpha, sharing diverse investment ideas and strategies, from biotech to real estate. Highlighted strong buy recommendations include MicroStrategy, CorMedix, Hewlett Packard Enterprise, Vertex Pharmaceuticals, and several others. Readers are encouraged to engage with the new analysts, share thoughts on their picks, and join the conversation.

DENVER--(BUSINESS WIRE)--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,...

DENVER--(BUSINESS WIRE)--Civitas issues third quarter 2024 earnings release.

Civitas Resources is undervalued but with strong growth potential, driven by strategic acquisitions in key U.S. oil basins and a solid dividend strategy. Despite elevated debt levels, Civitas maintains a robust interest coverage ratio and continues to prioritize shareholder returns through dividends and stock buybacks. The company's commitment to sustainability and advanced drilling techniques ...

DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. Schedules Third Quarter 2024 Conference Call and Webcast.