Civitas Resources Inc

Common Name
Civitas Resources
Country
United States
Sector
Energy
Industry
Oil & Gas E&P
Employees
655
Ticker
CIVI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Civitas Resources Inc. is a prominent player in the oil and natural gas industry, specializing in the acquisition, exploration, development, and production of energy resources. As a major oil and gas ...

Civitas Resources's GHG Emissions Data Preview

In 2023, Civitas Resources completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Civitas Resources has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Civitas Resources’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Civitas Resources’s data sources below and access millions more through our Disclosure Search.

a. Civitas Resources's Sustainability Report 2024
a. Civitas Resources's Sustainability Report 2024
b. Civitas Resources's Sustainability Report 2023
b. Civitas Resources's Sustainability Report 2023

Insights into Civitas Resources's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Civitas Resources amounted to 2,051,159.75 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Civitas Resources increased by 54.61%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Civitas Resources's Scope 1 Emissions Over Time

202220230500 k1 M1.5 M2 MtCO2e+54%
  • Total Scope 1
  • Year-over-Year Change

What are Civitas Resources's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Civitas Resources were 1,920,131.32 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2022), Civitas Resources's Scope 1 emissions increased by 53.51%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Civitas Resources's Scope 2 emissions?

In 2023, Civitas Resources reported Scope 2 greenhouse gas (GHG) emissions of 125,987.42 tCO₂e using the market-based method and 131,028.43 tCO₂e using the location-based method. a

Has Civitas Resources reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Civitas Resources's Scope 2 emissions (Location-Based) rose by 72.76% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does Civitas Resources use for Scope 2 reporting?

In 2023, Civitas Resources reported its Scope 2 emissions using the market-based method and using the location-based method. a

Civitas Resources's Scope 2 Emissions Over Time

20222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Civitas Resources’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Civitas Resources reported Scope 1 greenhouse gas (GHG) emissions of 1,920,131.32 tCO₂e and total revenues of USD 3,479 millions. This translates into an emissions intensity of 551.88 tCO₂e per millions USD. a

Civitas Resources's Scope 1 Emissions Intensity Compared to Peers

1050020,0002,000,000100,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000200,000Revenues (Millions of USD)Talos EnergyYear: 2023Scope 1: 897,885 tCO2eRevenue: $M 1,458Scope 1 Intensity: 615.88 tCO2e/$MVital EnergyYear: 2023Scope 1: 663,046 tCO2eRevenue: $M 1,548Scope 1 Intensity: 428.43 tCO2e/$MSM EnergyYear: 2024Scope 1: 887,972 tCO2eRevenue: $M 2,671Scope 1 Intensity: 332.41 tCO2e/$MComstock ResourcesYear: 2024Scope 1: 328,836 tCO2eRevenue: $M 1,254Scope 1 Intensity: 262.32 tCO2e/$MEQT CorpYear: 2023Scope 1: 668,626 tCO2eRevenue: $M 5,070Scope 1 Intensity: 131.88 tCO2e/$MGulfport EnergyYear: 2023Scope 1: 275,100 tCO2eRevenue: $M 1,051Scope 1 Intensity: 261.66 tCO2e/$MTexas Pacific Land CorpYear: 2023Scope 1: 13,819 tCO2eRevenue: $M 632Scope 1 Intensity: 21.88 tCO2e/$MCNX ResourcesYear: 2023Scope 1: 559,769 tCO2eRevenue: $M 1,506Scope 1 Intensity: 371.62 tCO2e/$MMagnolia Oil & GasYear: 2024Scope 1: 622,491 tCO2eRevenue: $M 1,316Scope 1 Intensity: 473.06 tCO2e/$MDiamondback EnergyYear: 2023Scope 1: 1,757,044 tCO2eRevenue: $M 8,412Scope 1 Intensity: 208.87 tCO2e/$MNorthern Oil and GasYear: 2024Scope 1: 17 tCO2eRevenue: $M 2,154Scope 1 Intensity: 0.01 tCO2e/$MOccidental PetroleumYear: 2024Scope 1: 17,900,000 tCO2eRevenue: $M 26,725Scope 1 Intensity: 669.78 tCO2e/$MOvintivYear: 2024Scope 1: 4,669,988 tCO2eRevenue: $M 9,152Scope 1 Intensity: 510.27 tCO2e/$MPermian ResourcesYear: 2023Scope 1: 2,150,671 tCO2eRevenue: $M 3,121Scope 1 Intensity: 689.12 tCO2e/$MMurphy OilYear: 2024Scope 1: 986,645 tCO2eRevenue: $M 3,019Scope 1 Intensity: 326.86 tCO2e/$MCalifornia ResourcesYear: 2023Scope 1: 2,603,000 tCO2eRevenue: $M 2,813Scope 1 Intensity: 925.35 tCO2e/$MAPA Corp (US)Year: 2023Scope 1: 5,962,000 tCO2eRevenue: $M 8,279Scope 1 Intensity: 720.14 tCO2e/$MCoterra EnergyYear: 2024Scope 1: 1,177,337 tCO2eRevenue: $M 5,458Scope 1 Intensity: 215.71 tCO2e/$MEOG ResourcesYear: 2023Scope 1: 5,700,000 tCO2eRevenue: $M 23,182Scope 1 Intensity: 245.88 tCO2e/$MRange ResourcesYear: 2024Scope 1: 195,199 tCO2eRevenue: $M 2,347Scope 1 Intensity: 83.17 tCO2e/$MConocoPhillipsYear: 2024Scope 1: 15,500,000 tCO2eRevenue: $M 54,745Scope 1 Intensity: 283.13 tCO2e/$MCivitas ResourcesYear: 2023Scope 1: 1,920,131 tCO2eRevenue: $M 3,479Scope 1 Intensity: 551.88 tCO2e/$M

How does Civitas Resources's GHG emissions intensity compare to its peers?

In 2023, Civitas Resources reported a Scope 1 emissions intensity of 551.88 tCO₂e per millions USD. Compared to the peer group median of 326.86 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Civitas Resources rank on GHG emissions intensity within its industry?

In 2023, Civitas Resources ranked 17 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Civitas Resources among the least efficient performers, with one of the highest emissions intensities in its sector. a

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