Civitas Historical Income Statement

CIVI Stock

USD 52.28 0.68 1.32%

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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

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.

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

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 104.2 M.

Selling General Administrative Other Operating Expenses Cost Of Revenue Total Operating Expenses

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.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

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 104.2 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

Interest Expense Depreciation And Amortization

Civitas Resources income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Net Interest Income	Net Income From Continuing Ops	Reconciled Depreciation	Non Recurring	Non Operating Income Net Other	Selling And Marketing Expenses
Depreciation And Amortization		0.86	0.94	0.97	0.92	1.0	0.8	0.91	0.97	0.99	0.46	0.77	-0.47	0.75	0.78	-0.96	0.76	0.98	-0.94	-0.95	-0.83
Interest Expense	0.86		0.86	0.73	0.64	0.83	0.45	0.59	0.72	0.8	0.37	0.42	-0.15	0.4	0.48	-0.91	0.43	0.79	-0.71	-0.72	-0.88
Selling General Administrative	0.94	0.86		0.91	0.87	0.92	0.72	0.83	0.89	0.92	0.47	0.68	-0.52	0.65	0.77	-0.85	0.74	0.9	-0.87	-0.88	-0.72
Total Revenue	0.97	0.73	0.91		0.99	0.98	0.91	0.98	1.0	0.99	0.49	0.89	-0.58	0.87	0.89	-0.88	0.88	0.99	-0.97	-0.99	-0.72
Gross Profit	0.92	0.64	0.87	0.99		0.94	0.95	0.99	0.98	0.95	0.53	0.93	-0.59	0.91	0.92	-0.82	0.91	0.95	-0.96	-0.97	-0.64
Other Operating Expenses	1.0	0.83	0.92	0.98	0.94		0.83	0.93	0.98	1.0	0.47	0.8	-0.5	0.78	0.81	-0.95	0.79	0.99	-0.95	-0.97	-0.82
Operating Income	0.8	0.45	0.72	0.91	0.95	0.83		0.96	0.92	0.85	0.44	0.99	-0.51	0.98	0.96	-0.71	0.88	0.88	-0.89	-0.91	-0.52
Ebit	0.91	0.59	0.83	0.98	0.99	0.93	0.96		0.98	0.95	0.46	0.94	-0.61	0.93	0.93	-0.81	0.91	0.96	-0.96	-0.98	-0.63
Ebitda	0.97	0.72	0.89	1.0	0.98	0.98	0.92	0.98		0.99	0.47	0.89	-0.57	0.87	0.89	-0.89	0.87	0.99	-0.97	-0.99	-0.73
Cost Of Revenue	0.99	0.8	0.92	0.99	0.95	1.0	0.85	0.95	0.99		0.43	0.82	-0.56	0.8	0.84	-0.92	0.82	0.99	-0.96	-0.98	-0.78
Total Operating Expenses	0.46	0.37	0.47	0.49	0.53	0.47	0.44	0.46	0.47	0.43		0.42	-0.33	0.42	0.37	-0.38	0.5	0.42	-0.48	-0.45	-0.22
Income Before Tax	0.77	0.42	0.68	0.89	0.93	0.8	0.99	0.94	0.89	0.82	0.42		-0.43	1.0	0.94	-0.69	0.85	0.85	-0.87	-0.88	-0.52
Total Other Income Expense Net	-0.47	-0.15	-0.52	-0.58	-0.59	-0.5	-0.51	-0.61	-0.57	-0.56	-0.33	-0.43		-0.39	-0.55	0.24	-0.75	-0.49	0.56	0.57	0.04
Net Income	0.75	0.4	0.65	0.87	0.91	0.78	0.98	0.93	0.87	0.8	0.42	1.0	-0.39		0.92	-0.69	0.83	0.84	-0.85	-0.86	-0.52
Income Tax Expense	0.78	0.48	0.77	0.89	0.92	0.81	0.96	0.93	0.89	0.84	0.37	0.94	-0.55	0.92		-0.68	0.9	0.85	-0.88	-0.89	-0.48
Net Interest Income	-0.96	-0.91	-0.85	-0.88	-0.82	-0.95	-0.71	-0.81	-0.89	-0.92	-0.38	-0.69	0.24	-0.69	-0.68		-0.61	-0.94	0.88	0.88	0.91
Net Income From Continuing Ops	0.76	0.43	0.74	0.88	0.91	0.79	0.88	0.91	0.87	0.82	0.5	0.85	-0.75	0.83	0.9	-0.61		0.81	-0.91	-0.89	-0.33
Reconciled Depreciation	0.98	0.79	0.9	0.99	0.95	0.99	0.88	0.96	0.99	0.99	0.42	0.85	-0.49	0.84	0.85	-0.94	0.81		-0.96	-0.98	-0.8
Non Recurring	-0.94	-0.71	-0.87	-0.97	-0.96	-0.95	-0.89	-0.96	-0.97	-0.96	-0.48	-0.87	0.56	-0.85	-0.88	0.88	-0.91	-0.96		0.98	0.65
Non Operating Income Net Other	-0.95	-0.72	-0.88	-0.99	-0.97	-0.97	-0.91	-0.98	-0.99	-0.98	-0.45	-0.88	0.57	-0.86	-0.89	0.88	-0.89	-0.98	0.98		0.71
Selling And Marketing Expenses	-0.83	-0.88	-0.72	-0.72	-0.64	-0.82	-0.52	-0.63	-0.73	-0.78	-0.22	-0.52	0.04	-0.52	-0.48	0.91	-0.33	-0.8	0.65	0.71

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Civitas Resources Account Relationship Matchups

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	1.2B	1.3B
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	163.3M	104.2M
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)	(224.4M)	(235.6M)
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:

How To Invest In Civitas

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Is Civitas Stock a good investment?

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What is Civitas Resources' Net Worth?

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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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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.

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Civitas Historical Income Statement

About Civitas Income Statement Analysis

Civitas Resources Income Statement Chart

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

Civitas Resources income statement Correlations

Civitas Resources Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Civitas Resources income statement Accounts

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Other Operating Expenses	+ 1.0	Depreciation And Amortization
Ebitda	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Net Income	+ 1.0	Income Before Tax
Cost Of Revenue	+ 0.99	Depreciation And Amortization
Gross Profit	+ 0.99	Total Revenue

Non Operating Income Net Other	- 0.99	Ebitda
Non Operating Income Net Other	- 0.99	Total Revenue
Non Operating Income Net Other	- 0.98	Reconciled Depreciation
Non Operating Income Net Other	- 0.98	Cost Of Revenue
Non Operating Income Net Other	- 0.98	Ebit
Non Recurring	- 0.97	Ebitda