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Compared to Estimates, Civitas (CIVI) Q4 Earnings: A Look at Key Metrics
CIVICivitas Resources(CIVI) ZACKS·2025-02-25 00:00

Core Insights - Civitas Resources reported 1.29billioninrevenueforQ42024,ayear−over−yearincreaseof14.71.29 billion in revenue for Q4 2024, a year-over-year increase of 14.7% [1] - The EPS for the same period was 1.78, down from 3.20ayearago,indicatingadeclineinprofitability[1]−RevenuefellshortoftheZacksConsensusEstimateby−1.173.20 a year ago, indicating a decline in profitability [1] - Revenue fell short of the Zacks Consensus Estimate by -1.17%, while EPS also missed expectations by -8.72% [1] Financial Performance Metrics - Average daily sales volumes for crude oil were 164 thousand barrels, slightly above the analyst estimate of 163.96 thousand barrels [4] - Average daily sales volumes for natural gas liquids were 90 thousand barrels, exceeding the estimate of 88.45 thousand barrels [4] - Average daily sales volumes for natural gas were 595 million cubic feet, below the estimate of 602.07 million cubic feet [4] - Average sales price for natural gas (excluding derivatives) was 1.14 per Mcf, lower than the 1.27estimate[4]−Averagesalespricefornaturalgasliquids(excludingderivatives)was1.27 estimate [4] - Average sales price for natural gas liquids (excluding derivatives) was 21.47 per Bbl, above the 20.27estimate[4]−Averagesalespriceforcrudeoil(excludingderivatives)was20.27 estimate [4] - Average sales price for crude oil (excluding derivatives) was 69.96 per Bbl, slightly higher than the $69.45 estimate [4] Stock Performance - Civitas shares have returned -4.1% over the past month, compared to a -0.5% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]