Civitas Resources (CIVI) reported $1.19 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 10.2%. EPS of $1.77 for the same period compares to $1.74 a year ago.
The reported revenue represents a surprise of -0.63% over the Zacks Consensus Estimate of $1.2 billion. With the consensus EPS estimate being $1.68, the EPS surprise was +5.36%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Civitas performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Average sales volumes per day - Crude oil (MBbl/d): 141 millions of barrels of oil compared to the 143.2 millions of barrels of oil average estimate based on seven analysts.
- Average sales volumes per day - Crude Oil Equivalent (MBoe/d): 311000 millions of barrels of oil equivalent versus 316606.2 millions of barrels of oil equivalent estimated by seven analysts on average.
- Average sales volumes per day - Natural gas (MMcf/d): 561 millions of cubic feet compared to the 548.2 millions of cubic feet average estimate based on seven analysts.
- Average sales volumes per day - Natural gas liquids (MBbl/d): 76 millions of barrels of oil versus 82.16 millions of barrels of oil estimated by seven analysts on average.
- Average sales prices (before derivatives) - Natural gas liquids (per Bbl): $24.07 versus $22.59 estimated by four analysts on average.
- Average sales prices (before derivatives) - Crude oil (per Bbl): $70.90 compared to the $70.61 average estimate based on four analysts.
- Average sales prices (before derivatives) - Natural gas (per Mcf): $2.48 compared to the $2.11 average estimate based on four analysts.
- Average Sales Prices (after derivatives) - Natural gas (per Mcf): $2.56 versus $2.16 estimated by three analysts on average.
- Sales Volumes by operating region - Crude oil (MBbls): 12,709 MBbls compared to the 12,931.78 MBbls average estimate based on three analysts.
- Product revenue- Natural gas: $125 million compared to the $108.39 million average estimate based on four analysts. The reported number represents a change of +43.7% year over year.
- Product revenue- NGL: $166 million compared to the $176.82 million average estimate based on three analysts.
- Product revenue- Crude oil: $901 million compared to the $912.39 million average estimate based on three analysts.
View all Key Company Metrics for Civitas here>>>
Shares of Civitas have returned +11.6% over the past month versus the Zacks S&P 500 composite's +10.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Civitas Resources, Inc. (CIVI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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