Civitas Resources Inc Earnings

Civitas Resources Inc’s revenue jumped 22.79% since last year same period to $1272.05Mn in the Q3 2024. On a quarterly growth basis, Civitas Resources Inc has generated -3.1% fall in its revenue since last 3-months.

Civitas Resources Inc’s net profit jumped 111.78% since last year same period to $295.8Mn in the Q3 2024. On a quarterly growth basis, Civitas Resources Inc has generated 36.95% jump in its net profits since last 3-months.

Civitas Resources Inc’s net profit margin jumped 72.47% since last year same period to 23.25% in the Q3 2024. On a quarterly growth basis, Civitas Resources Inc has generated 41.33% jump in its net profit margins since last 3-months.

Civitas Resources Inc’s price-to-earnings ratio after this Q3 2024 earnings stands at 5.06.

Civitas Resources Inc’s earning per share (EPS) estimates for the current quarter stand at 1.99 - a -29.18% fall from last quarter’s estimates.

Civitas Resources Inc’s earning per share (EPS) estimates for the current year stand at 1.99.

Civitas Resources Inc’s earning per share (EPS) fell -45.63% since last year same period to 1.99 in the Q3 2024. This indicates that the Civitas Resources Inc has generated -45.63% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Civitas Resources Inc’s return on assets (ROA) stands at 0.08.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Civitas Resources Inc’s return on equity (ROE) stands at 0.16.

Civitas Resources Inc declared 1.02 dividend per share during the earnings announcement for Q3 2024.