Siebert Williams Shank & Co. Remains Bullish on Civitas Resources (CIVI)

Civitas Resources Inc. (NYSE:CIVI) is one of the top NYSE stocks with the highest upside potential. On July 25, Siebert Williams Shank & Co. analyst Gabriele Sorbara maintained a Buy rating on Civitas Resources Inc. (NYSE:CIVI) and set a price target of $46.00.

Civitas Resources Inc. (NYSE:CIVI) reported in its fiscal Q1 2025 earnings that it returned $121 million to shareholders, including $50 million in dividends and $71 million in share repurchases, as it repurchased 1.5 million shares.

The company also reported that in 2025, it added around 17 MBbl/d of oil hedges and 103,000 MMBtu/d of natural gas hedges on average for the remainder of 2025.

Civitas Resources Inc. (NYSE:CIVI) is an independent exploration and production company that acquires, develops, and produces crude oil and associated liquids-rich natural gas.

Its operations take place primarily in the Denver-Julesburg Basin in Colorado and the Permian Basin in Texas and New Mexico.

While we acknowledge the potential of CIVI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.