NYSE$CIVI
Civitas Resources Inc. · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Civitas reported strong Q4 2024 financial performance, driven by increased sales volumes and operational efficiency.
Civitas posted Q4 2024 revenue of $1.29 billion, reflecting strong commodity price realizations and increased production. Net income reached $151 million, while adjusted net income was $171 million. Free cash flow stood at $519 million, supporting debt reduction and shareholder returns. Sales volumes increased to 352 MBoe/d, with oil volumes at 164 MBbl/d. The company expects continued operational efficiencies and strategic investments to drive growth in 2025.
- Q4 revenue increased to $1.29 billion, supported by strong production and price realizations.
- Net income reached $151 million, with adjusted net income at $171 million.
- Sales volumes rose to 352 MBoe/d, with oil production at 164 MBbl/d.
- Free cash flow of $519 million enabled debt reduction and shareholder returns.
Headline financials
Revenue & EPS history
Civitas · Revenue · Quarterly
$1.29B
Forward guidance
Civitas expects continued strong production in 2025, driven by operational efficiencies, increased development activity, and enhanced capital efficiency. The company plans to invest in high-return projects while maintaining a disciplined approach to capital allocation.
Tailwinds
- Continued focus on efficiency improvements and cost reductions.
- Strong production levels expected to be maintained in 2025.
- Strategic investments in high-return development projects.
- Increased free cash flow expected to support shareholder returns.
- Operational improvements in the Permian and DJ Basins.
Headwinds
- Potential volatility in commodity prices affecting revenues.
- Higher operating costs due to winterization and maintenance activities.
- Regulatory risks in key operating regions.
- Increased competition in the Permian and DJ Basins.
- Potential macroeconomic uncertainties impacting demand.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 14 quarterly earnings reports · overlaid with Q4 2024
+2.0%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+4.5%
Avg return
30 days after
56%
31 / 55 earnings
Positive
+32.4%
Q4 2019
Best reaction
-18.1%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | — | — | — | |
| Q3 2025 | +3.7% | +6.0% | +15.5% | |
| Q2 2025 | +7.8% | +13.4% | +23.2% | |
| Q1 2025 | +0.8% | +17.5% | +5.6% | |
| Q4 2024 | -18.1% | -22.2% | -28.7% | |
| Q3 2024 | -0.9% | -5.5% | -12.9% | |
| Q2 2024 | -13.4% | -16.4% | -12.3% | |
| Q1 2024 | +6.7% | +7.3% | +4.0% | |
| Q4 2023 | +6.8% | +11.8% | +20.2% | |
| Q3 2023 | -8.3% | -8.2% | -9.1% | |
| Q2 2023 | -4.1% | +1.6% | +10.9% | |
| Q1 2023 | -1.5% | +3.4% | +7.9% | |
| Q4 2022 | +13.4% | +13.7% | +4.0% | |
| Q3 2022 | -0.0% | +0.8% | -3.7% | |
| Q2 2022 | -3.2% | -1.1% | +11.8% | |
| Q1 2022 | +6.2% | -4.4% | +31.1% | |
| Q4 2021 | — | — | — | |
| Q3 2021 | +3.4% | — | — | |
| Q2 2021 | +2.6% | — | — | |
| Q1 2021 | +10.2% | — | — | |
| Q4 2020 | -1.0% | — | — | |
| Q3 2020 | +13.3% | — | — | |
| Q2 2020 | +4.8% | — | — | |
| Q1 2020 | +26.2% | — | — | |
| Q4 2019 | +32.4% | — | — | |
| Q3 2019 | -0.5% | — | — | |
| Q2 2019 | +5.2% | — | — | |
| Q1 2019 | +3.2% | — | — | |
| Q4 2018 | -8.0% | — | — | |
| Q3 2018 | -7.6% | — | — | |
| Q2 2018 | -1.3% | — | — | |
| Q1 2018 | -4.2% | — | — | |
| Q4 2017 | +4.4% | — | — | |
| Q3 2017 | +8.8% | — | — | |
| Q2 2017 | +6.0% | — | — | |
| Q1 2017 | +12.0% | — | — | |
| Q4 2016 | -3.0% | — | — | |
| Q3 2016 | -9.0% | — | — | |
| Q2 2016 | +7.2% | — | — | |
| Q1 2016 | -14.3% | — | — | |
| Q4 2015 | -4.5% | — | — | |
| Q3 2015 | -5.9% | — | — | |
| Q2 2015 | +0.8% | — | — | |
| Q1 2015 | +0.0% | — | — | |
| Q4 2014 | +17.5% | — | — | |
| Q3 2014 | -7.2% | — | — | |
| Q2 2014 | +1.2% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | +9.2% | — | — | |
| Q3 2013 | +8.3% | — | — | |
| Q2 2013 | -2.2% | — | — | |
| Q1 2013 | -1.1% | — | — | |
| Q4 2012 | +5.6% | — | — | |
| Q3 2012 | -5.3% | — | — | |
| Q2 2012 | +1.3% | — | — | |
| Q1 2012 | +3.8% | — | — | |
| Q4 2011 | +3.8% | — | — |
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