Civitas Resources, Inc. operates as an oil and natural gas exploration and production company focused on acquiring, developing, and producing crude oil and liquids-rich natural gas assets in major United States basins. Its operations include upstream exploration, drilling, development, and production of crude oil, associated liquids, and natural gas, including the marketing of produced hydrocarbons. Civitas Resources, Inc. was formerly known as Bonanza Creek Energy, Inc. and changed its name to Civitas Resources, Inc. in November 2021. The company was incorporated in 2010 and is based in Denver, Colorado. As of January 30, 2026, Civitas Resources, Inc. operates as a subsidiary of SM Energy Company.
Financial Resilience | Civitas Resources boasts a high 27% free cash flow yield and trades below fair value, indicating potential upside despite recent market challenges |
Operational Hurdles | Explore Civitas' production decline forecasts and the need for additional scale in the Permian Basin to achieve meaningful re-rating |
Strategic Maneuvers | Delve into Civitas' $300 million asset sale target in the DJ Basin and its focus on share buybacks to balance debt reduction with shareholder returns |
Market Outlook | Analysts project stable EV/EBITDA ratios and improving P/E ratios, with price targets ranging from $42 to $84, reflecting varied perspectives on Civitas' future |
Metrics to compare | CIVI | Sector Sector - Average of metrics from a broad group of related Energy sector companies | Relationship RelationshipCIVIPeersSector | |
|---|---|---|---|---|
P/E Ratio | 0.0x | 30.8x | 5.9x | |
PEG Ratio | 0.00 | −0.92 | 0.00 | |
Price/Book | 0.0x | 1.8x | 1.1x | |
Price / LTM Sales | 0.0x | 2.5x | 1.3x | |
Upside (Analyst Target) | 0.0% | 11.9% | 12.1% | |
Fair Value Upside | Unlock | 15.0% | 5.4% | Unlock |