Civitas Historical Income Statement
| CIVI Stock | USD 51.92 0.88 1.67% |
Historical analysis of Civitas Resources income statement accounts such as Interest Expense of 191.9 M, Selling General Administrative of 169.1 M or Total Revenue of 3.7 B can show how well Civitas Resources performed in making a profits. Evaluating Civitas Resources income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Civitas Resources's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Civitas Resources latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Civitas Resources is a good buy for the upcoming year.
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About Civitas Income Statement Analysis
Civitas Resources Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Civitas Resources shareholders. The income statement also shows Civitas investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Civitas Resources Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Civitas Resources generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Civitas Resources. It is also known as Civitas Resources overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
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.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Civitas Resources' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Civitas Resources current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Civitas Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For more detail on how to invest in Civitas Stock please use our How to Invest in Civitas Resources guide.As of now, Civitas Resources' Total Revenue is increasing as compared to previous years. The Civitas Resources' current Gross Profit is estimated to increase to about 1.8 B, while Total Operating Expenses is projected to decrease to under 104.7 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 9.7M | 32.2M | 182.7M | 191.9M | Depreciation And Amortization | 284.2M | 834.4M | 1.2B | 1.2B |
Civitas Resources income statement Correlations
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Civitas Resources Account Relationship Matchups
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Civitas Resources income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 76.5M | 128.6M | 284.2M | 834.4M | 1.2B | 1.2B | |
| Interest Expense | 2.7M | 2.0M | 9.7M | 32.2M | 182.7M | 191.9M | |
| Selling General Administrative | 39.7M | 34.9M | 65.1M | 143.5M | 161.1M | 169.1M | |
| Total Revenue | 313.2M | 218.1M | 930.6M | 3.8B | 3.5B | 3.7B | |
| Gross Profit | 157.2M | 69.2M | 504.2M | 2.2B | 1.7B | 1.8B | |
| Other Operating Expenses | 196.5M | 184.4M | 507.1M | 1.8B | 2.3B | 2.4B | |
| Operating Income | 116.9M | 37.8M | 421.5M | 2.0B | 3.2B | 3.3B | |
| Ebit | 116.9M | 45.0M | 305.1M | 1.7B | 1.2B | 1.3B | |
| Ebitda | 193.3M | 173.6M | 589.3M | 2.5B | 2.4B | 2.5B | |
| Cost Of Revenue | 156.0M | 148.9M | 426.4M | 1.6B | 1.8B | 1.9B | |
| Total Operating Expenses | 40.5M | 35.5M | 80.8M | 154.1M | 168.5M | 104.7M | |
| Income Before Tax | 67.1M | 43.0M | 251.8M | 1.7B | 999.5M | 1.0B | |
| Total Other Income Expense Net | (49.8M) | 5.2M | (406.3M) | (1.2B) | (2.2B) | (2.1B) | |
| Net Income | 67.1M | 103.5M | 178.9M | 1.2B | 784.3M | 823.5M | |
| Income Tax Expense | 2.8M | (60.5M) | 72.9M | 405.7M | 215.2M | 225.9M | |
| Net Income Applicable To Common Shares | 67.1M | 103.5M | 178.9M | 1.2B | 1.4B | 1.5B | |
| Net Interest Income | (2.7M) | (2.0M) | (9.7M) | (32.2M) | (100.2M) | (95.2M) | |
| Net Income From Continuing Ops | 67.1M | 103.5M | 178.9M | 1.2B | 763.3M | 463.7M | |
| Reconciled Depreciation | 76.5M | 91.2M | 226.9M | 816.4M | 969.6M | 1.0B |
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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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Civitas Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. 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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.