When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Civitas Resources (CIVI) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Civitas currently has an average brokerage recommend ...

Civitas Resources (CIVI) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this oil and gas company have returned -5% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Oil and Gas - Exploration and Production - United States industry, to which Civitas belongs, has lost 6.2% over this period. Now the key question is: Where could the stock be heade ...

DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”), today announced plans to release its fourth quarter 2023 operating and financial results and its 2024 outlook after market close on Tuesday, February 27, 2024. A conference call and webcast is planned for 8 a.m. MT (10 a.m. ET), on Wednesday, February 28, 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 se ...

The most recent trading session ended with Civitas Resources (CIVI) standing at $65.54, reflecting a -1.13% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.07%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.36%. The oil and gas company's shares have seen a decrease of 4.62% over the last month, not keeping up with the Oils-Energy sector's loss of 2.53% and the S&P 500's gain of 3.05%. The investment community will be pay ...

Loading... Loading... During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Here's a look at the most recent high-yield ...

The most recent trading session ended with Civitas Resources (CIVI) standing at $66.29, reflecting a +1.08% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily gain of 0.53%. On the other hand, the Dow registered a gain of 0.64%, and the technology-centric Nasdaq increased by 0.19%. Shares of the oil and gas company have depreciated by 7.44% over the course of the past month, underperforming the Oils-Energy sector's loss of 4.39% and the S&P 500's gain of 2.48%. The upcomi ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell- side) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Civitas Resources (CIVI) . Civitas currently has an average brokerage re ...

The latest trading session saw Civitas Resources (CIVI) ending at $64.36, denoting a -0.29% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 1.23% for the day. At the same time, the Dow added 1.06%, and the tech-heavy Nasdaq gained 1.7%. The oil and gas company's shares have seen a decrease of 7.68% over the last month, not keeping up with the Oils-Energy sector's loss of 4.69% and the S&P 500's gain of 0.94%. The investment community will be paying close ...

财务数据和关键指标变化 - 公司第三季度总产量平均235,000桶油当量/天,其中114,000桶/天为原油产量,符合预期 [14][15] - DJ盆地产量为168,000桶油当量/天,在原指引范围的上半部分 [14] - 珀米安盆地产量为67,000桶油当量/天,8月和9月平均达到101,000桶油当量/天,第三季度末达到111,000桶油当量/天和56,000桶/天原油 [15] - 公司预计全年产量平均将达到280,000桶油当量/天 [16] - 第三季度资本支出约为4.3亿美元,符合预期 [16] - 公司将增加6000万美元的资本支出,主要用于DJ盆地高回报区域的投资 [17] 各条业务线数据和关键指标变化 - DJ盆地业务持续优异表现,最近成功钻探了6口4英里水平井,平均钻井周期创新纪录,成本比预算低10% [14][26][27] - 珀米安盆地业务整合进度超预期,预计到1月1日将完全整合到公司 [12][13] 各个市场数据和关键指标变化 - 无具体提及 公司战略和发展方向及行业竞争 - 公司通过近期收购交易实现了规模扩张和资产组合多元化,提升了竞争力和抗风险能力 [9][18][19] - 公司将继续专注于最大化自由现金流和提高投资回报率 [13] - 公司未来将继续寻求有潜力的收购机会,但收购门槛很高,必须符合公司4大战略支柱 [31][32][33] 管理层对经营环境和未来前景的评论 - 公司DJ盆地和珀米安盆地业务表现良好,整合进度超预期 [9][12][13] - 公司有能力在多个盆地部署资本,灵活配置资源 [18] - 公司将继续推进非核心资产出售计划,维持优质的资产组合和资产负债表 [11][19] - 公司有望在2024年底前将杠杆比率降至1倍以下 [11][19] - 公司有信心保持行业领先的股东回报计划 [9][18] 问答环节重要的提问和回答 问题1 **Neal Dingmann 提问** 询问公司2024年珀米安盆地资本支出预算和项目规模 [22][23] **Chris Doyle 回答** 2024年珀米安盆地资本支出占总支出的55%左右,公司正在评估扩大项目规模的可能性,如开发浅层储层和沃尔夫坎普B层 [23][24] 问题2 **Leo Mariani 提问** 询问公司未来并购策略 [30] **Chris Doyle 回答** 公司并购的门槛很高,必须符合公司4大战略支柱,包括资产质量、资产负债表、股东回报等 [31][32][33] 问题3 **Nicholas Pope 提问** 询问公司对待Delaware和Midland两大区域的平衡策略 [40][41] **Chris Doyle 回答** 公司初步计划在2024年Delaware和Midland分别投放2个和4个钻机,但具体比例还有待进一步优化 [41][42][43][44]

销售情况 - 2023年第三季度，原油销售收入为8.41亿美元，较去年同期增长29%[67] - 2023年第三季度，天然气销售收入为8.01亿美元，较去年同期下降63%[67] - 2023年第三季度，NGL销售收入为1.13亿美元，较去年同期下降18%[67] - 2023年第三季度，原油当量销量较去年同期增长33%[64] - 2023年第三季度，原油平均销售价格每桶为80.33美元，较去年同期下降11%[67] - 2023年第三季度，天然气平均销售价格每千立方英尺为2.14美元，较去年同期下降71%[67] - 2023年第三季度，NGL平均销售价格每桶为22.85美元，较去年同期下降32%[67] - 2023年第三季度，原油当量平均销售价格每桶为47.79美元，较去年同期下降23%[67] 财务状况 - 2023年前九个月，运营活动产生的现金流为14亿美元，较去年同期的20亿美元有所下降[64] - 2023年第三季度，公司的折旧、减值和摊销费用同比增长了51%，达到3.205亿美元[69] - 2023年前九个月，公司的产品收入同比下降了21%，降至23.48亿美元，主要受到原油等价价格下降29%的影响[70] - 2023年前九个月，公司的运营费用同比增长了15%，达到15.53亿美元，其中租赁运营费用同比增长了56%[71] - 2023年前9个月，公司的总体和行政费用增加了3.9百万美元，达到了1.066亿美元，增长了4%[73] - 2023年前9个月，公司的衍生品损失为1.206亿美元[73] - 2023年前9个月，公司的利息支出为9,270万美元，较2022年同期增加了65.6百万美元[73] - 2023年前9个月，公司的所得税支出为1.391亿美元，较2022年同期减少了1.732百万美元[74] - 截至2023年9月30日，公司的流动性为13亿美元，其中现金为9530万美元，信贷额度为12亿美元[75] - 2023年前9个月，公司的经营活动净现金流为13.96亿美元，较2022年同期减少了5.693亿美元[77] - 2023年前9个月，公司的投资活动净现金流为44.9686亿美元，主要用于收购油气资产和勘探开发[78] - 2023年前9个月，公司的筹资活动净现金流为24.28585亿美元，主要来自发行2028年和2031年的高级票据[79] - 公司的调整后EBITDAX为7.08941亿美元，较2022年同期增加了7.74百万美元[82] - 公司的自由现金流为经营活动净现金流减去勘探和开发支出等，为负44.9686亿美元[83] 风险提示 - 我们的财务状况、运营结果和资本资源高度依赖于石油和天然气的市场价格[86] - 我们定期通过衍生品合同来保护公司的资产负债表[87] - 利率上升可能对我们的运营结果和现金流产生不利影响[89] - 我们的生产市场性取决于第三方炼油厂、管道和铁路基础设施的可用性、接近性和容量[92] 其他信息 - 公司管理层于2023年9月30日评估了披露控制和程序的有效性，并得出结论认为在该日期，披露控制和程序在合理保证水平上是有效的[93] - 在2023年9月30日结束的季度内，公司的内部财务报告控制未发生任何变化，不会对内部财务报告控制产生重大影响[94] - 公司通过股票回购计划在2023年9月30日前购买了8,783股普通股，平均购买价格为每股75.75美元，尚有479,810美元的购买计划余额[95]