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.

Website

civitasresources.com

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 ... Show more

Financial Statements of Civitas Resources

Below are the financial statements of Civitas Resources, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023	2022
Operating net revenues	—	—	—
Crude oil, natural gas, and NGL sales	5,202.41^a	3,473.82^a	3,787.58^a
Other operating income	4.4^a	5.42^a	3.81^a
Total operating net revenues	5,206.81^a	3,479.24^a	3,791.4^a
Operating expenses	—	—	—
Lease operating expense	-577.84^a	-301.29^a	-169.99^a
Midstream operating expense	-48.04^a	-45.08^a	-31.94^a
Gathering, transportation, and processing	-377.68^a	-290.65^a	-287.47^a
Severance and ad valorem taxes	-377.39^a	-276.54^a	-305.7^a
Exploration	-14.32^a	-2.18^a	-6.98^a
Depreciation, depletion, and amortization	-2,056.43^a	-1,171.19^a	-816.45^a
Abandonment and impairment of unproved properties	0^a	0^a	-17.98^a
Transaction costs	-31.42^a	-84.33^a	-24.68^a
General and administrative expense	-226.97^a	-161.08^a	-143.48^a
Other operating expense	-17.33^a	-7.44^a	-2.69^a
Total operating expenses	-3,727.4^a	-2,339.76^a	-1,807.36^a
Other income (expense)	—	—	—
Derivative gain (loss), net	37.49^a	9.31^a	-335.16^a
Interest expense	-456.3^a	-182.74^a	-32.2^a
Gain (loss) on property transactions, net	-2.57^a	-0.25^a	15.88^a
Other income	24.67^a	33.66^a	21.22^a
Total other expense	-396.71^a	-140.03^a	-330.26^a
Income from operations before income taxes	1,082.7^a	999.45^a	1,653.78^a
Income tax expense	-243.97^a	-215.17^a	-405.7^a
Net income	838.72^a	784.29^a	1,248.08^a

Verified Sources Behind Civitas Resources’s Financial Fundamentals 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 10-K 2024

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Civitas Resources Inc

Financial Statements of Civitas Resources

Verified Sources Behind Civitas Resources’s Financial Fundamentals Data

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