Civitas Cost Of Revenue from 2010 to 2024

CIVI Stock  USD 51.92  0.88  1.67%   
Civitas Resources' Cost Of Revenue is increasing with slightly volatile movements from year to year. Cost Of Revenue is estimated to finish at about 1.9 B this year. For the period between 2010 and 2024, Civitas Resources, Cost Of Revenue quarterly trend regression had mean deviation of  521,981,307 and range of 1.9 B. View All Fundamentals
 
Cost Of Revenue  
First Reported
2012-03-31
Previous Quarter
857.4 M
Current Value
341.7 M
Quarterly Volatility
3.5 B
 
Yuan Drop
 
Covid
Check Civitas Resources financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Civitas Resources' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.2 B, Interest Expense of 191.9 M or Selling General Administrative of 169.1 M, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0678 or PTB Ratio of 1.22. Civitas financial statements analysis is a perfect complement when working with Civitas Resources Valuation or Volatility modules.
  
Check out the analysis of Civitas Resources Correlation against competitors.
For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.

Latest Civitas Resources' Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Civitas Resources over the last few years. Cost of Revenue is found on Civitas Resources income statement and represents the costs associated with goods and services Civitas Resources provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Civitas Resources' Cost Of Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Civitas Resources' overall financial position and show how it may be relating to other accounts over time.
Cost Of Revenue10 Years Trend
Slightly volatile
   Cost Of Revenue   
       Timeline  

Civitas Cost Of Revenue Regression Statistics

Arithmetic Mean467,837,150
Geometric Mean162,158,187
Coefficient Of Variation146.91
Mean Deviation521,981,307
Median155,996,000
Standard Deviation687,304,866
Sample Variance472388T
Range1.9B
R-Value0.76
Mean Square Error212451.7T
R-Squared0.58
Significance0.0009
Slope117,284,135
Total Sum of Squares6613431.7T

Civitas Cost Of Revenue History

20241.9 B
20231.8 B
20221.6 B
2021426.4 M
2020148.9 M
2019156 M
2018116.2 M

About Civitas Resources Financial Statements

Investors use fundamental indicators, such as Civitas Resources' Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Civitas Resources' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Cost Of Revenue1.8 B1.9 B

Currently Active Assets on Macroaxis

When determining whether Civitas Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Civitas Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Civitas Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Civitas Resources Stock:
Check out the analysis of Civitas Resources Correlation against competitors.
For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Civitas Resources. If investors know Civitas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. 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
0.929
Dividend Share
6.06
Earnings Share
10.2
Revenue Per Share
51.373
Quarterly Revenue Growth
0.228
The market value of Civitas Resources is measured differently than its book value, which is the value of Civitas that is recorded on the company's balance sheet. Investors also form their own opinion of Civitas Resources' value that differs from its market value or its book value, called intrinsic value, which is Civitas Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Civitas Resources' market value can be influenced by many factors that don't directly affect Civitas Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Civitas Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Civitas Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Civitas Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.