Civitas Competitors
| CIVI Stock | USD 27.42 0.06 0.22% |
Civitas Resources vs Seapeak LLC Correlation
Very good diversification
The correlation between Civitas Resources and SEAL-PB is -0.34 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Civitas Resources and SEAL-PB in the same portfolio, assuming nothing else is changed.
Moving against Civitas Stock
| 0.71 | LFX | FRANCAISE LENERGIE | PairCorr |
| 0.58 | CLON | Clontarf Energy Plc | PairCorr |
| 0.52 | EU | enCore Energy Corp | PairCorr |
| 0.52 | WCAT | Wildcat Petroleum Plc | PairCorr |
| 0.5 | VIST | Vista Oil Gas Earnings Call This Week | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Civitas Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Civitas Resources Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Civitas Resources and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Civitas and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Civitas Resources does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Civitas Stock performing well and Civitas Resources Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Civitas Resources' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SM | 1.99 | 0.32 | 0.14 | 0.44 | 1.87 | 5.31 | 11.95 | |||
| BSM | 1.10 | 0.16 | 0.07 | 1.60 | 1.33 | 2.35 | 6.81 | |||
| NOG | 2.23 | 0.37 | 0.12 | 0.61 | 2.52 | 5.26 | 11.89 | |||
| STNG | 1.77 | 0.26 | 0.10 | (1.07) | 1.54 | 4.53 | 12.43 | |||
| GPOR | 1.79 | (0.01) | 0.00 | 0.15 | 0.00 | 3.29 | 11.99 | |||
| VIST | 1.94 | 0.28 | 0.08 | 0.66 | 2.49 | 6.03 | 13.64 | |||
| RIG | 2.36 | 0.69 | 0.20 | 0.57 | 2.64 | 7.67 | 16.41 | |||
| USAC | 1.12 | 0.17 | 0.09 | 0.38 | 1.37 | 2.50 | 7.17 | |||
| TDW | 2.26 | 0.26 | 0.10 | 0.23 | 2.66 | 4.72 | 15.89 | |||
| SEAL-PB | 0.25 | 0.05 | (0.07) | (0.51) | 0.13 | 0.67 | 1.58 |
Cross Equities Net Income Analysis
Compare Civitas Resources and related stocks such as SM Energy, Black Stone Minerals, and Northern Oil Gas Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SM | 3.4 M | 215.4 M | (54.2 M) | 170.9 M | 666.1 M | (447.7 M) | (757.7 M) | (160.8 M) | 508.4 M | (187 M) | (764.6 M) | 36.2 M | 1.1 B | 817.9 M | 770.3 M | 885.8 M | 930.1 M |
| BSM | 91.7 M | 91.7 M | 91.7 M | 169 M | 170.4 M | (100.5 M) | 20.2 M | 157.2 M | 295.5 M | 214.4 M | 121.8 M | 182 M | 476.5 M | 422.5 M | 271.3 M | 312 M | 210.9 M |
| NOG | (4.9 K) | 40.6 M | 72.3 M | 53.1 M | 163.7 M | (975.4 M) | (293.5 M) | (9.2 M) | 143.7 M | (76.3 M) | (906 M) | 6.4 M | 773.2 M | 923 M | 520.3 M | 598.4 M | 628.3 M |
| STNG | 12.1 M | (82.7 M) | (26.5 M) | 17 M | 52.1 M | 217.7 M | (24.9 M) | (158.2 M) | (190.1 M) | (48.5 M) | 94.1 M | (234.4 M) | 637.3 M | 546.9 M | 668.8 M | 344.3 M | 361.5 M |
| GPOR | (29.4 M) | 108.4 M | 71.8 M | 153.2 M | 247.4 M | (1.2 B) | (979.7 M) | 435.2 M | 430.6 M | (2 B) | (1.6 B) | 138.2 M | 494.7 M | 1.5 B | (261.4 M) | (235.2 M) | (223.5 M) |
| VIST | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | (29.9 M) | (32.7 M) | (102.7 M) | 50.6 M | 269.5 M | 397 M | 477.5 M | 549.1 M | 576.6 M |
| RIG | 100 K | (5.7 B) | (219 M) | 1.4 B | (1.9 B) | 791 M | 782 M | (3.1 B) | (2 B) | (1.3 B) | (568 M) | (591 M) | (621 M) | (954 M) | (512 M) | (2.9 B) | (2.8 B) |
| USAC | 21.2 M | 6.7 K | 4.5 M | 10.5 M | 24.9 M | (154.3 M) | 12.9 M | 11.4 M | (10.6 M) | 39.1 M | (594.7 M) | 10.3 M | 30.3 M | 68.3 M | 99.6 M | 111.3 M | 116.9 M |
| TDW | 24.2 M | 87.4 M | 150.8 M | 140.3 M | (65.2 M) | (160.2 M) | (660.1 M) | (2.2 B) | (171.5 M) | (141.7 M) | (196.2 M) | (129 M) | (21.7 M) | 97.2 M | 180.7 M | 162.6 M | 170.7 M |
Civitas Resources and related stocks such as SM Energy, Black Stone Minerals, and Northern Oil Gas Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Civitas Resources financial statement analysis. It represents the amount of money remaining after all of Civitas Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Civitas Resources Competitive Analysis
The better you understand Civitas Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Civitas Resources' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Civitas Resources' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Civitas Resources Competition Performance Charts
Five steps to successful analysis of Civitas Resources Competition
Civitas Resources' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Civitas Resources in relation to its competition. Civitas Resources' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Civitas Resources in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Civitas Resources' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Civitas Resources, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Is there potential for Oil & Gas Exploration & Production market expansion? Will Civitas introduce new products? Factors like these will boost the valuation of Civitas Resources. Projected growth potential of Civitas fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about Civitas Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 2 | Earnings Share 6.89 | Revenue Per Share | Quarterly Revenue Growth (0.08) |
Understanding Civitas Resources requires distinguishing between market price and book value, where the latter reflects Civitas's accounting equity. The concept of intrinsic value - what Civitas Resources' is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Market sentiment, economic cycles, and investor behavior can push Civitas Resources' price substantially above or below its fundamental value.
It's important to distinguish between Civitas Resources' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Civitas Resources should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Civitas Resources' trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.