For the quarter ended December 2024, Civitas Assets (CIVI) reported income of $1.29 billion, up 14.7% over the identical interval final 12 months. EPS got here in at $1.78, in comparison with $3.20 within the year-ago quarter.
The reported income represents a shock of -1.17% over the Zacks Consensus Estimate of $1.31 billion. With the consensus EPS estimate being $1.95, the EPS shock was -8.72%.
Whereas traders intently watch year-over-year modifications in headline numbers — income and earnings — and the way they examine to Wall Avenue expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps traders undertaking a inventory’s worth efficiency extra precisely.
Right here is how Civitas carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Avg. Day by day Gross sales Volumes – Crude Oil Equal: 352,000 BOE/D versus 352,245 BOE/D estimated by six analysts on common.
- Avg. Day by day Gross sales Volumes – Pure Gasoline Liquids: 90 hundreds of barrels of oil versus the five-analyst common estimate of 88.45 hundreds of barrels of oil.
- Avg. Day by day Gross sales Volumes – Pure Gasoline: 595 hundreds of thousands of cubic toes versus the five-analyst common estimate of 602.07 hundreds of thousands of cubic toes.
- Avg. Day by day Gross sales Volumes – Crude Oil: 164 hundreds of barrels of oil versus 163.96 hundreds of barrels of oil estimated by 5 analysts on common.
- Common gross sales worth – Excluding Derivatives – Crude Oil per Bbl (earlier than): $69.96 versus the three-analyst common estimate of $69.45.
- Common gross sales worth – Excluding Derivatives – Pure Gasoline per Mcf (earlier than): $1.14 versus the three-analyst common estimate of $1.27.
- Common gross sales worth – Excluding Derivatives – NGL per Bbl (earlier than): $21.47 versus $20.27 estimated by three analysts on common.
- Revenues- Pure Gasoline: $62.52 million in comparison with the $90.14 million common estimate primarily based on three analysts. The reported quantity represents a change of -20.7% 12 months over 12 months.
- Revenues- Pure Gasoline Liquids: $176.30 million versus $164.23 million estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +55% change.
- Revenues- Crude Oil: $1.05 billion versus $1.08 billion estimated by two analysts on common. In comparison with the year-ago quarter, this quantity represents a +12.8% change.
View all Key Company Metrics for Civitas here>>>
Shares of Civitas have returned -25.7% over the previous month versus the Zacks S&P 500 composite’s -2.4% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out in keeping with the broader market within the close to time period.
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Civitas Resources, Inc. (CIVI) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.
