Income Statement Civitas Resources, Inc. Börse Stuttgart

Stocks

B2C

US17888H1032

Oil & Gas Exploration and Production

Delayed Börse Stuttgart Other stock markets			5-day change	1st Jan Change
- ^EUR	-.--%		-0.43%	-0.35%

03-04	SM Energy Company Announces Cash Tender Offer for Up to $750.0 Million Aggregate Principal Amount of 8.375% Senior Notes Due 2028 Originally Issued by Civitas Resources	CI
03-04	Civitas Resources, Inc. Reports Earnings Results for the Full Year Ended December 31, 2025	CI

80200a3053f7a0.zQ8ckV0GMXA6AeOyhambtZI3a4WHyUJ0aMs5uXUpy9g.uXl72xl2BxNDObTGzt3dmKV2W-LKgCY5J_NT4UZY_IugPWbICnZIKHNEjA

Published financial data: CIVITAS RESOURCES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	218M	931M	3.79B	3.48B	5.2B
Other Revenues, Total	-	-	-	-	4.4M
Total Revenues	218M	931M	3.79B	3.48B	5.21B
Cost of Goods Sold, Total	41.33M	199M	795M	914M	1.38B
Gross Profit	177M	731M	3B	2.57B	3.83B
Selling General & Admin Expenses, Total	33.6M	62.52M	125M	161M	227M
Exploration / Drilling Costs, Total	596K	7.94M	6.98M	2.18M	14.32M
Provision for Bad Debts	818K	607K	-950K	-	-
Depreciation & Amortization - (IS)	91.24M	227M	816M	1.17B	2.06B
Impairment of Oil, Gas & Mineral Properties - (IS)	37.34M	57.26M	17.98M	-	-
Other Operating Expenses	-53.46M	60.51M	335M	-1.87M	-20.16M
Other Operating Expenses, Total	110M	416M	1.3B	1.33B	2.28B
Operating Income	66.62M	315M	1.7B	1.23B	1.55B
Interest Expense, Total	-2.04M	-9.7M	-32.2M	-183M	-456M
Interest And Investment Income	-	-	-	33.35M	11.06M
Net Interest Expenses	-2.04M	-9.7M	-32.2M	-149M	-445M
Other Non Operating Income (Expenses)	4.11M	-9.7M	17.58M	314K	13.61M
EBT, Excl. Unusual Items	68.68M	296M	1.68B	1.08B	1.12B
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-6.68M	-43.56M	-24.68M	-84.33M	-31.42M
Gain (Loss) On Sale Of Assets	-1.4M	1.93M	15.88M	-254K	-2.57M
Other Unusual Items	-17.63M	-2.61M	-18.04M	-	-
EBT, Incl. Unusual Items	42.98M	252M	1.65B	999M	1.08B
Income Tax Expense	-60.55M	72.86M	406M	215M	244M
Earnings From Continuing Operations	104M	179M	1.25B	784M	839M
Net Income to Company	104M	179M	1.25B	784M	839M
Net Income - (IS)	104M	179M	1.25B	784M	839M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	104M	179M	1.25B	784M	839M
Net Income to Common Excl. Extra Items	104M	179M	1.25B	784M	839M
Per Share Items
Net EPS - Basic	4.98	4.82	14.68	9.09	8.48
Basic EPS - Continuing Operations	4.98	4.82	14.68	9.09	8.48
Basic Weighted Average Shares Outstanding	20.77M	37.16M	85M	86.24M	98.86M
Net EPS - Diluted	4.95	4.74	14.58	9.02	8.46
Diluted EPS - Continuing Operations	4.95	4.74	14.58	9.02	8.46
Diluted Weighted Average Shares Outstanding	20.91M	37.75M	85.6M	86.99M	99.18M
Normalized Basic EPS	2.07	4.98	12.36	7.86	7.06
Normalized Diluted EPS	2.05	4.9	12.27	7.79	7.04
Dividend Per Share	-	1.16	6.29	7.6	4.97
Payout Ratio	-	33.97	43.02	84.19	58.88
Supplemental Items
EBITDA	195M	600M	2.53B	2.4B	3.6B
EBITA	66.62M	315M	1.7B	1.23B	1.55B
EBIT	66.62M	315M	1.7B	1.23B	1.55B
EBITDAR	211M	-	2.61B	2.52B	3.8B
Total Revenues (As Reported)	-	-	-	-	5.21B
Effective Tax Rate - (Ratio)	-140.87	28.94	24.53	21.53	22.53
Current Domestic Taxes	-27K	-	68.2M	-30M	8.2M
Total Current Taxes	-27K	-	68.2M	-30M	8.2M
Deferred Domestic Taxes	-60.52M	72.86M	338M	245M	236M
Total Deferred Taxes	-60.52M	72.86M	338M	245M	236M
Normalized Net Income	42.93M	185M	1.05B	678M	698M
Interest Capitalized	1.8M	6.3M	-	-	-
Interest on Long-Term Debt	3.81M	15.67M	32.2M	183M	455M
Supplemental Operating Expense Items
General and Administrative Expenses	33.6M	62.52M	125M	161M	227M
Exploration/Drilling Costs	596K	7.94M	6.98M	2.18M	14.32M
Net Rental Expense, Total	15.66M	-	76.05M	112M	199M
Imputed Operating Lease Interest Expense	6.45M	-	41.24M	61.89M	154M
Imputed Operating Lease Depreciation	9.2M	-	34.81M	50.28M	45.42M
Stock-Based Comp., G&A Exp. (Total)	6.16M	15.56M	31.37M	34.93M	48.27M
Total Stock-Based Compensation	6.16M	15.56M	31.37M	34.93M	48.27M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	24.74M	254M	768M	1.12B	75.83M
Total Cash And Short Term Investments	24.74M	254M	768M	1.12B	75.83M
Accounts Receivable, Total	32.67M	362M	344M	506M	646M
Other Receivables	14.75M	66.39M	136M	247M	125M
Total Receivables	47.42M	429M	479M	753M	771M
Inventory	9.18M	12.39M	-	-	-
Prepaid Expenses	3.17M	18.35M	45.99M	51.02M	66.44M
Other Current Assets, Total	7.88M	6.09M	35.09M	215M	74.72M
Total Current Assets	92.4M	720M	1.33B	2.14B	988M
Gross Property Plant And Equipment	1.24B	6.42B	7.86B	14.26B	18.19B
Accumulated Depreciation	-215M	-435M	-1.22B	-2.35B	-4.3B
Net Property Plant And Equipment	1.03B	5.98B	6.64B	11.91B	13.89B
Long-term Investments	1.64M	3.48M	-	-	-
Loans Receivable Long-Term	-	506K	-	-	-
Deferred Tax Assets Long-Term	60.52M	22.28M	-	-	-
Deferred Charges Long-Term	725K	7.54M	-	26.9M	21.2M
Other Long-Term Assets, Total	505K	2.55M	7.74M	11.18M	46.62M
Total Assets	1.18B	6.74B	7.97B	14.1B	14.94B
Liabilities
Accounts Payable, Total	1.93M	19.62M	31.78M	55.75M	35.44M
Accrued Expenses, Total	35.49M	322M	508M	921M	848M
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	12.04M	18.87M	13.46M	45.3M	50.63M
Unearned Revenue Current, Total	-	-	-	4.5M	-
Other Current Liabilities	25.02M	759M	624M	826M	1.27B
Total Current Liabilities	74.48M	1.12B	1.18B	1.85B	2.21B
Long-Term Debt	-	492M	393M	4.79B	4.49B
Long-Term Leases	17.98M	21.4M	11.32M	50.24M	44.25M
Unearned Revenue Non Current	-	-	-	43.89M	-
Deferred Tax Liability Non Current	-	-	320M	565M	801M
Other Non Current Liabilities	45.1M	453M	695M	619M	772M
Total Liabilities	138M	2.09B	2.6B	7.92B	8.32B
Common Stock, Total	4.28M	4.91M	4.92M	5M	5.01M
Additional Paid In Capital	707M	4.2B	4.21B	4.96B	5.1B
Retained Earnings	334M	451M	1.16B	1.21B	1.53B
Total Common Equity	1.05B	4.65B	5.37B	6.18B	6.63B
Total Equity	1.05B	4.65B	5.37B	6.18B	6.63B
Total Liabilities And Equity	1.18B	6.74B	7.97B	14.1B	14.94B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	20.84M	84.94M	80.21M	101M	93.02M
ECS Total Common Shares Outstanding	20.84M	84.57M	85.12M	93.77M	93.93M
Book Value / Share	50.16	55.04	63.13	65.92	70.57
Tangible Book Value	1.05B	4.65B	5.37B	6.18B	6.63B
Tangible Book Value Per Share	50.16	55.04	63.13	65.92	70.57
Total Debt	30.02M	532M	418M	4.88B	4.59B
Net Debt	5.28M	278M	-350M	3.76B	4.51B
Debt Equivalent Oper. Leases	125M	-	608M	897M	1.6B
Account Code - Inventory Valuation	3	3	-	3	3
Full Time Employees	109	322	353	516	655

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	104M	179M	1.25B	784M	839M
Depreciation & Amortization - CF	91.24M	227M	816M	1.17B	2.06B
Impairment of Oil, Gas & Mineral Properties - (CF)	37.34M	57.26M	17.98M	-	-
Depreciation & Amortization, Total	129M	284M	834M	1.17B	2.06B
Amortization of Deferred Charges, Total - (CF)	864K	1.89M	4.46M	9.29M	52.7M
(Gain) Loss From Sale Of Asset	1.4M	-1.93M	-15.88M	254K	2.57M
Stock-Based Compensation (CF)	6.16M	15.56M	31.37M	34.93M	48.27M
Other Operating Activities, Total	-64.75M	-142M	98.45M	167M	206M
Change In Accounts Receivable	24.94M	-101M	-941K	-39.87M	-23.04M
Change In Accounts Payable	-41.28M	47.51M	336M	126M	-299M
Change in Other Net Operating Assets	-640K	-8.2M	-58.48M	-14.41M	-17.64M
Cash from Operations	159M	275M	2.48B	2.24B	2.87B
Capital Expenditure	-63.8M	-153M	-1.35B	-1.51B	-1.97B
Sale of Property, Plant, and Equipment	-	2.39M	2.36M	90.46M	209M
Cash Acquisitions	-	224M	44.31M	-3.82B	-905M
Sale (Purchase) of Intangible assets	-	-	-	-6.15M	-5.74M
Other Investing Activities, Total	-	212K	136K	-1.46M	2M
Cash from Investing	-63.8M	73.55M	-1.31B	-5.24B	-2.67B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	45M	555M	100M	5.77B	1.9B
Total Debt Issued	45M	555M	100M	5.77B	1.9B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-125M	-589M	-200M	-1.37B	-2.2B
Total Debt Repaid	-125M	-589M	-200M	-1.37B	-2.2B
Issuance of Common Stock	-	1.58M	308K	459K	-
Repurchase of Common Stock	-1.12M	-5.93M	-19.58M	-334M	-439M
Common Dividends Paid	-	-60.78M	-537M	-660M	-494M
Common & Preferred Stock Dividends Paid	-	-60.78M	-537M	-660M	-494M
Other Financing Activities, Total	-23K	-19.29M	-1.17M	-45.79M	-11.15M
Cash from Financing	-81.25M	-118M	-657M	3.36B	-1.24B
Net Change in Cash	13.75M	230M	514M	359M	-1.05B
Supplemental Items
Cash Interest Paid	1.55M	1.83M	28.53M	37.11M	408M
Cash Income Tax Paid (Refund)	-	14M	97.8M	-50.05M	-2.86M
Levered Free Cash Flow	113M	980M	526M	540M	1.27B
Unlevered Free Cash Flow	114M	985M	541M	644M	1.5B
Change In Net Working Capital	-1.24M	-640M	31.08M	-183M	-410M
Net Debt Issued / Repaid	-80.1M	-34.02M	-100M	4.4B	-300M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	3.49	4.98	14.4	6.98	6.66
Return on Total Capital	3.91	6.3	19.3	9.15	8.69
Return On Equity %	10.45	6.28	24.89	13.57	13.09
Return on Common Equity	10.45	6.28	24.89	13.57	13.09
Margin Analysis
Gross Profit Margin %	81.05	78.57	79.03	73.74	73.48
SG&A Margin	15.41	6.72	3.31	4.63	4.36
EBITDA Margin %	89.5	64.43	66.72	69.1	69.23
EBITA Margin %	30.55	33.89	44.71	35.44	29.74
EBIT Margin %	30.55	33.89	44.71	35.44	29.74
Income From Continuing Operations Margin %	47.47	19.23	32.92	22.54	16.11
Net Income Margin %	47.47	19.23	32.92	22.54	16.11
Net Avail. For Common Margin %	47.47	19.23	32.92	22.54	16.11
Normalized Net Income Margin	19.68	19.88	27.7	19.47	13.4
Levered Free Cash Flow Margin	51.99	105.34	13.86	15.51	24.43
Unlevered Free Cash Flow Margin	52.18	105.79	14.28	18.52	28.89
Asset Turnover
Asset Turnover	0.18	0.23	0.52	0.32	0.36
Fixed Assets Turnover	0.21	0.27	0.6	0.38	0.4
Receivables Turnover (Average Receivables)	5.71	4.71	10.74	8.19	9.03
Inventory Turnover (Average Inventory)	4.89	18.49	-	-	-
Short Term Liquidity
Current Ratio	1.24	0.64	1.13	1.16	0.45
Quick Ratio	0.97	0.61	1.06	1.01	0.38
Operating Cash Flow to Current Liabilities	2.13	0.25	2.1	1.21	1.3
Days Sales Outstanding (Average Receivables)	64.1	77.45	33.97	44.56	40.53
Days Outstanding Inventory (Average Inventory)	74.87	19.74	-	-	-
Average Days Payable Outstanding	81.46	19.41	11.8	17.49	12.08
Cash Conversion Cycle (Average Days)	57.51	77.78	-	-	-
Long Term Solvency
Total Debt/Equity	2.87	11.43	7.78	78.97	69.22
Total Debt / Total Capital	2.79	10.26	7.22	44.12	40.91
LT Debt/Equity	1.72	11.02	7.53	78.24	68.46
Long-Term Debt / Total Capital	1.67	9.89	6.99	43.71	40.45
Total Liabilities / Total Assets	11.63	30.95	32.58	56.15	55.64
EBIT / Interest Expense	32.58	32.52	52.65	6.75	3.39
EBITDA / Interest Expense	103.11	63.3	80.93	13.77	8.34
(EBITDA - Capex) / Interest Expense	71.91	47.55	38.91	5.51	4.02
Total Debt / EBITDA	0.14	0.87	0.16	1.94	1.21
Net Debt / EBITDA	0.03	0.45	-0.13	1.49	1.19
Total Debt / (EBITDA - Capex)	0.2	1.15	0.33	4.85	2.5
Net Debt / (EBITDA - Capex)	0.04	0.6	-0.28	3.73	2.46
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-30.37	326.71	307.41	-8.23	49.65
Gross Profit, 1 Yr. Growth %	-24.36	313.66	309.79	-14.37	49.12
EBITDA, 1 Yr. Growth %	24.34	207.16	321.89	-4.82	49.93
EBITA, 1 Yr. Growth %	-3.68	373.44	437.47	-27.1	25.56
EBIT, 1 Yr. Growth %	-3.68	373.44	437.47	-27.1	25.56
Earnings From Cont. Operations, 1 Yr. Growth %	54.36	72.82	597.56	-37.16	6.94
Net Income, 1 Yr. Growth %	54.36	72.82	597.56	-37.16	6.94
Normalized Net Income, 1 Yr. Growth %	3.06	330.98	467.76	-35.5	3.01
Diluted EPS Before Extra, 1 Yr. Growth %	52.78	-4.24	207.59	-38.13	-6.21
Accounts Receivable, 1 Yr. Growth %	-25.26	1.01K	-5.18	47.3	27.74
Inventory, 1 Yr. Growth %	18.88	34.85	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-5.96	482.73	10.87	79.57	16.72
Total Assets, 1 Yr. Growth %	-1.95	469.92	18.25	76.85	6.01
Tangible Book Value, 1 Yr. Growth %	11.59	345.35	15.44	15.02	7.24
Common Equity, 1 Yr. Growth %	11.59	345.35	15.44	15.02	7.24
Cash From Operations, 1 Yr. Growth %	-29.31	72.93	802.06	-9.62	27.98
Capital Expenditures, 1 Yr. Growth %	-75.17	139.42	785.69	41.69	30.83
Levered Free Cash Flow, 1 Yr. Growth %	-208.84	764.46	-46.38	-32.88	116.8
Unlevered Free Cash Flow, 1 Yr. Growth %	-210.48	764.99	-45.01	-21.36	117.53
Dividend Per Share, 1 Yr. Growth %	-	-	442.03	20.83	-34.61
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-11.21	72.37	316.95	93.36	17.19
Gross Profit, 2 Yr. CAGR %	-6.53	76.89	332.12	87.32	13
EBITDA, 2 Yr. CAGR %	1.4	96.01	277.43	101.99	19.46
EBITA, 2 Yr. CAGR %	-31.67	114.72	488.23	101.04	-4.33
EBIT, 2 Yr. CAGR %	-31.67	114.72	488.23	101.04	-4.33
Earnings From Cont. Operations, 2 Yr. CAGR %	-21.54	63.33	247.21	109.37	-18.02
Net Income, 2 Yr. CAGR %	-21.54	63.33	247.21	109.37	-18.02
Normalized Net Income, 2 Yr. CAGR %	-30.17	111.96	473.74	92.22	-18.49
Diluted EPS Before Extra, 2 Yr. CAGR %	-22.11	20.95	71.62	37.95	-23.83
Accounts Receivable, 2 Yr. CAGR %	1.36	187.87	224.24	18.18	37.17
Inventory, 2 Yr. CAGR %	62.51	26.62	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	5.77	134.09	154.18	41.1	44.67
Total Assets, 2 Yr. CAGR %	5.56	136.39	159.6	44.61	36.92
Tangible Book Value, 2 Yr. CAGR %	10	122.93	126.74	15.23	11.06
Common Equity, 2 Yr. CAGR %	10	122.93	126.74	15.23	11.06
Cash From Operations, 2 Yr. CAGR %	16.7	10.56	294.95	185.53	7.55
Capital Expenditures, 2 Yr. CAGR %	-51.16	-22.89	360.5	215.62	36.1
Levered Free Cash Flow, 2 Yr. CAGR %	-24.1	205.81	126.59	-25.62	25.75
Unlevered Free Cash Flow, 2 Yr. CAGR %	-23.65	208.18	129.48	-18.88	35.44
Dividend Per Share, 2 Yr. CAGR %	-	-	-	155.96	-11.11
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.32	49.83	129.61	151.74	77.53
Gross Profit, 3 Yr. CAGR %	11.95	53.46	134.06	151.93	73.61
EBITDA, 3 Yr. CAGR %	59.15	46.72	153.08	138.34	82.89
EBITA, 3 Yr. CAGR %	156.17	30.27	191.54	193.06	71.84
EBIT, 3 Yr. CAGR %	156.17	30.27	191.54	193.06	71.84
Earnings From Cont. Operations, 3 Yr. CAGR %	252.68	2.08	165	96.4	67.36
Net Income, 3 Yr. CAGR %	252.68	2.08	165	96.4	67.36
Normalized Net Income, 3 Yr. CAGR %	81.2	28.09	194.36	176.91	56.13
Diluted EPS Before Extra, 3 Yr. CAGR %	290.55	-16.56	65.1	22.14	21.3
Accounts Receivable, 3 Yr. CAGR %	4.6	125.01	98.81	149.25	21.28
Inventory, 3 Yr. CAGR %	108.11	52.71	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	9.88	86.81	82.47	126.38	32.39
Total Assets, 3 Yr. CAGR %	12.52	85.18	87.65	128.42	30.39
Tangible Book Value, 3 Yr. CAGR %	14.94	75.31	79.02	80.84	12.5
Common Equity, 3 Yr. CAGR %	14.94	75.31	79.02	80.84	12.5
Cash From Operations, 3 Yr. CAGR %	174.35	33.05	122.58	141.58	118.52
Capital Expenditures, 3 Yr. CAGR %	-10.39	-17.04	73.98	187.06	135.23
Levered Free Cash Flow, 3 Yr. CAGR %	50.72	70.78	71.17	74.02	9.26
Unlevered Free Cash Flow, 3 Yr. CAGR %	56.89	71.49	73.5	84.39	15.39
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	62.42
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-5.71	36.65	81.57	65.92	75.45
Gross Profit, 5 Yr. CAGR %	-2.21	42.72	88.47	66.2	74.91
EBITDA, 5 Yr. CAGR %	3.04	76.38	120.6	66.16	87.38
EBITA, 5 Yr. CAGR %	-39.92	23.08	235.92	53.93	86.61
EBIT, 5 Yr. CAGR %	-39.92	23.08	235.92	53.93	86.61
Earnings From Cont. Operations, 5 Yr. CAGR %	-32.62	-2.1	250.48	36.06	65.74
Net Income, 5 Yr. CAGR %	-32.62	-2.1	250.48	36.06	65.74
Normalized Net Income, 5 Yr. CAGR %	-40.36	9.98	170.78	50.4	76.13
Diluted EPS Before Extra, 5 Yr. CAGR %	-69.03	-59.79	181.08	2.02	21.16
Accounts Receivable, 5 Yr. CAGR %	5.23	90.4	64.46	73.92	71.38
Inventory, 5 Yr. CAGR %	1.46	21.46	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	2.17	42.49	53.68	66.98	66.29
Total Assets, 5 Yr. CAGR %	-1.25	42.82	57.2	67.74	65.43
Tangible Book Value, 5 Yr. CAGR %	37.93	200.3	50.83	48.23	47.9
Common Equity, 5 Yr. CAGR %	37.93	200.3	50.83	48.23	47.9
Cash From Operations, 5 Yr. CAGR %	-6.82	79.92	217.4	80.58	66.39
Capital Expenditures, 5 Yr. CAGR %	-32.19	23.68	72.47	41.34	50.32
Levered Free Cash Flow, 5 Yr. CAGR %	10.81	135.66	73.83	22.35	64.74
Unlevered Free Cash Flow, 5 Yr. CAGR %	2.36	82.15	78.98	26.98	70.75