CIVI Stock Recent News
CIVI LATEST HEADLINES
Generally speaking, low-risk dividend stocks have a direct correlation with their reward profile. Stated differently, if you're looking for something with low volatility, you're likely going to extract low yields.
Civitas Resources expands its presence in Permian through acquisitions of oil and gas assets in the Midland Basin and Delaware Basin. Management aims to build a large upstream company quickly through accretive acquisitions. Civitas shareholders should not expect much organic growth.
DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. Announces Pricing of Secondary Public Offering.
DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”) announced today the commencement of an underwritten public offering of an aggregate of 6,956,520 shares of its common stock (the “Offering”) by an affiliate of Canada Pension Plan Investment Board (the “Selling Stockholder”). Civitas is not selling any shares of common stock in the Offering and will not receive any proceeds from any sale of shares by the Selling Stockholder. BofA Securities is acting as s.
The consensus price target hints at a 25.6% upside potential for Civitas (CIVI). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Civitas (CIVI) possesses solid growth attributes, which could help it handily outperform the market.
Civitas Resources, Inc. (NYSE:CIVI ) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Brad Whitmarsh - Vice President of Investor Relations Chris Doyle - President and Chief Executive Officer Marianella Foschi - Chief Financial Officer Hodge Walker - Chief Operating Officer Conference Call Participants Neal Dingmann - Truist Securities Timothy Rezvan - KeyBanc Capital Markets Inc. William Janela - Mizuho Securities Oliver Huang - TPH&Co. Kevin MacCurdy - Pickering Energy Partners Leo Mariani - ROTH MKM Phillips Johnston - Capital One Operator Good day, and thank you for standing by. Welcome to Civitas Resources' First Quarter 2024 Earnings Conference Call.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
In the closing of the recent trading day, Civitas Resources (CIVI) stood at $74.94, denoting a +1.59% change from the preceding trading day.
Civitas (CIVI) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.