It's not surprising to me that the E&P universe was so ripe for consolidation, beginning a couple of years ago. Over the past couple of years, a couple of hundred billion dollars, mostly in shale drillers, in M&A has He is the leader of the investing group The Daily Drilling Report where he provides investment analysis for the oil and gas industry. Features of the group include: a model portfolio that covers all segments of upstream oilfield activity with weekly updates, ideas for both U.S and international ...

The U.S. stock market has been under pressure recently due to fears of an economic slowdown, but dividendpaying names can help smooth the ride for investors. Investors can consider the recommendations of top Wall Street analysts as they search for stocks that are backed by strong financials and the ability to pay dividends consistently. Here are three attractive dividend stocks, according to Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. Pfizer Health-car ...

Civitas Resources, Inc. (NYSE:CIVI) Q2 2024 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Brad Whitmarsh - Vice President of Investor Relations Chris Doyle - President and Chief Executive Officer Marianella Foschi - Chief Financial Officer Hodge Walker - Chief Operating Officer Conference Call Participants Kevin MacCurdy - Pickering Energy Partners Neal Dingmann - Truist Securities Scott Hanold - RBC Capital Markets Phillips Johnston - Capital One Gabe Daoud - TD Cowen Timothy Rez ...

| --- | --- | --- | |-------|------------------|-----------------| | | | | | | | | | | Delivering Value | 2Q 2024 Results | | | | August 2024 | Forward-Looking Statements and Disclosures Forward-Looking Statements and Cautionary Statements Certain statements in this presentation concerning future opportunities for Civitas, future financial performance and condition, guidance, and any other statements regarding Civitas' future expectations, beliefs, plans, objectives, financial conditions, returns to stockho ...

Civitas Resources (CIVI) came out with quarterly earnings of $2.06 per share, missing the Zacks Consensus Estimate of $2.93 per share. This compares to earnings of $1.72 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -29.69%. A quarter ago, it was expected that this oil and gas company would post earnings of $2.51 per share when it actually produced earnings of $1.74, delivering a surprise of -30.68%. Over the last four quar ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |----------------------------------------------------------------|-------------------------------------------------------------|----------------------------------- ...

Exhibit 99.1 Civitas Resources Reports Second Quarter 2024 Results Capital return framework enhanced for share repurchase flexibility and balance sheet support, with buyback authorization increased to $500 million Lower well costs driving $50 million reduction in full-year capital expectations; 2024 sales volume outlook raised 1.5% DENVER — August 1, 2024 - Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today reported its second quarter 2024 financial and operating results. A webcast and ...

Gerasimov174/iStock via Getty Images Civitas is an exploration and production company with expertise in the acquisition as well as the production of crude oil and gas in the DJ Basin in Colorado and the Permian Basin in Texas and New Mexico. In my view, reviewing the company's profile today makes sense because of the outlook given for 2024. According to the last presentation given to investors, The company expects to deliver 2024 FCF of close to $1.3 billion and intends to report a reinvestment rate of clos ...

Generally speaking, low-risk dividend stocks have a direct correlation with their reward profile. Stated differently, if you're looking for something with low volatility, you're likely going to extract low yields. However, the market features thousands upon thousands of publicly traded ideas. It's inevitable that a few gems fall through the cracks. Certain enterprises feature an inverse relationship: (relatively) small dangers in exchange for robust yields. If you're feeling adventurous, check out these low ...

bjdlzx Civitas Resources (NYSE:CIVI) came from the original merger of Bonanza Creek and Extraction Oil and Gas, with another merger hot on the heels of the combination. A previous article went into all the details. Now the company has expanded its presence in the Permian with yet another couple of mergers: " Civitas closed its previously-announced acquisition of certain oil and gas assets in the Midland Basin from Vencer Energy, LLC ("Vencer Energy") in January 2024 and assumed operatorship ahead of schedul ...