Civitas Resources (CIVI) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
5.2B
Gross Profit
2.1B
41.18%
Operating Income
1.5B
29.04%
Net Income
838.7M
16.12%
EPS (Diluted)
$8.46
Balance Sheet Metrics
Total Assets
14.9B
Total Liabilities
8.3B
Shareholders Equity
6.6B
Debt to Equity
1.25
Cash Flow Metrics
Operating Cash Flow
2.9B
Free Cash Flow
893.4M
Revenue & Profitability Trend
Civitas Resources Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 5.2B | 3.5B | 3.8B | 930.6M | 218.1M |
| Cost of Goods Sold | 3.1B | 1.8B | 1.3B | 361.3M | 145.1M |
| Gross Profit | 2.1B | 1.7B | 2.5B | 569.4M | 73.0M |
| Operating Expenses | 254.2M | 170.7M | 153.1M | 81.4M | 35.5M |
| Operating Income | 1.5B | 1.2B | 2.0B | 422.9M | 33.7M |
| Pre-tax Income | 1.1B | 999.5M | 1.7B | 251.8M | 43.0M |
| Income Tax | 244.0M | 215.2M | 405.7M | 72.9M | -60.5M |
| Net Income | 838.7M | 784.3M | 1.2B | 178.9M | 103.5M |
| EPS (Diluted) | $8.46 | $9.02 | $14.58 | $4.74 | $4.95 |
Income Statement Trend
Civitas Resources Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 988.3M | 2.1B | 1.3B | 719.9M | 92.4M |
| Non-Current Assets | 14.0B | 12.0B | 6.6B | 6.0B | 1.1B |
| Total Assets | 14.9B | 14.1B | 8.0B | 6.7B | 1.2B |
| Liabilities | |||||
| Current Liabilities | 2.2B | 1.9B | 1.2B | 1.1B | 74.5M |
| Non-Current Liabilities | 6.1B | 6.1B | 1.4B | 966.5M | 63.1M |
| Total Liabilities | 8.3B | 7.9B | 2.6B | 2.1B | 137.6M |
| Equity | |||||
| Total Shareholders Equity | 6.6B | 6.2B | 5.4B | 4.7B | 1.0B |
Balance Sheet Composition
Civitas Resources Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 838.7M | 784.3M | 1.2B | 178.9M | 103.5M |
| Operating Cash Flow | 2.9B | 2.1B | 1.8B | 114.6M | 211.4M |
| Investing Activities | |||||
| Capital Expenditures | -47.4M | -1.4B | -1.1B | -149.1M | -63.8M |
| Investing Cash Flow | -747.5M | -5.2B | -1.3B | 73.5M | -63.8M |
| Financing Activities | |||||
| Dividends Paid | -493.8M | -660.3M | -536.9M | -60.8M | 0 |
| Financing Cash Flow | -1.2B | 2.0B | -757.7M | -709.0M | -206.2M |
| Free Cash Flow | 893.4M | 729.6M | 1.4B | 123.1M | 95.0M |
Cash Flow Trend
Civitas Resources Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
3.71
Forward P/E
3.57
Price to Book
0.45
Price to Sales
0.59
PEG Ratio
3.57
Profitability Ratios
Profit Margin
16.73%
Operating Margin
31.24%
Return on Equity
12.73%
Return on Assets
6.50%
Financial Health
Current Ratio
0.52
Debt to Equity
76.00
Beta
1.12
Per Share Data
EPS (TTM)
$8.71
Book Value per Share
$72.42
Revenue per Share
$52.23
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| civi | 3.0B | 3.71 | 0.45 | 12.73% | 16.73% | 76.00 |
| ConocoPhillips | 120.7B | 12.12 | 1.85 | 16.66% | 16.15% | 36.46 |
| Canadian Natural | 67.3B | 12.35 | 1.66 | 18.95% | 19.76% | 46.57 |
| Range Resources | 9.4B | 35.43 | 2.40 | 6.99% | 10.39% | 45.68 |
| Apa | 7.3B | 7.21 | 1.34 | 26.18% | 10.04% | 84.96 |
| Matador Resources | 6.6B | 6.96 | 1.23 | 19.85% | 27.10% | 57.89 |
Financial data is updated regularly. All figures are in the company's reporting currency.