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Civitas Resources (Civitas Resources) Earnings per Share (Diluted) : $8.34 (TTM As of Mar. 2024)


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What is Civitas Resources Earnings per Share (Diluted)?

Civitas Resources's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was $1.74. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $8.34.

Civitas Resources's EPS (Basic) for the three months ended in Mar. 2024 was $1.75. Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2024 was $8.39.

Civitas Resources's EPS without NRI for the three months ended in Mar. 2024 was $2.84. Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2024 was $10.45.

During the past 12 months, Civitas Resources's average EPS without NRIGrowth Rate was -32.80% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 27.30% per year. During the past 5 years, the average EPS without NRI Growth Rate was 21.20% per year.

During the past 9 years, Civitas Resources's highest 3-Year average EPS without NRI Growth Rate was 47.70% per year. The lowest was 11.30% per year. And the median was 27.30% per year.


Civitas Resources Earnings per Share (Diluted) Historical Data

The historical data trend for Civitas Resources's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Civitas Resources Earnings per Share (Diluted) Chart

Civitas Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Get a 7-Day Free Trial Premium Member Only 3.24 4.95 4.74 14.58 9.02

Civitas Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.46 1.72 1.56 3.32 1.74

Competitive Comparison of Civitas Resources's Earnings per Share (Diluted)

For the Oil & Gas E&P subindustry, Civitas Resources's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Civitas Resources's PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Civitas Resources's PE Ratio distribution charts can be found below:

* The bar in red indicates where Civitas Resources's PE Ratio falls into.



Civitas Resources Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Civitas Resources's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(784.288-0)/86.988
=9.02

Civitas Resources's Earnings Per Share (Diluted) for the quarter that ended in Mar. 2024 is calculated as

Diluted Earnings Per Share (Q: Mar. 2024 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(175.821-0)/101.293
=1.74

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Civitas Resources  (NYSE:CIVI) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Civitas Resources Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Civitas Resources's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Civitas Resources (Civitas Resources) Business Description

Industry
Traded in Other Exchanges
Address
555 17th Street, Suite 3700, Denver, CO, USA, 80202
Civitas Resources Inc is an independent exploration and production company engaged in the acquisition, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region, in the Denver-Julesburg Basin of Colorado (DJ Basin). The company's operations are focused on developing the horizontal Niobrara and Codell formations that have a low-cost structure, mature infrastructure, production efficiencies, multiple producing horizons, multiple service providers, established reserves, and prospective drilling opportunities.
Executives
Jeffrey S Kelly officer: Chief Transformation Officer C/O CIVITAS RESOURCES, 555 17TH STREET, SUITE 3700, DENVER CO 80202
Kimmeridge Energy Management Company, Llc director, 10 percent owner, other: See Remarks 15 LITTLE WEST 12TH STREET, 5TH FLOOR, NEW YORK NY 10014
Travis L Counts officer: Chief Legal Officer & Sec. 555 17TH STREET, SUITE 3700, DENVER CO 80202
Thomas Hodge Walker officer: Chief Operating Officer 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Deborah L Byers director C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Van Kempen Wouter T. director 370 17TH STREET, SUITE 2500, DENVER CO 80202
Canada Pension Plan Investment Board 10 percent owner ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000
Sandra Garbiso officer: Vice President and CAO 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
M. Christopher Doyle officer: President & CEO 555 - 17TH STREET, SUITE 3700, DENVER CO 80022
Brian Cain officer: Chief Sustainability Officer 410-17TH STREET, SUITE 1400, DENVER CO 80202
Dean Tinsley officer: SVP, Operations 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Brant Demuth officer: EVP & Chief Financial Officer 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Paul Keglevic director STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Marter Iv Cyrus D officer: SVP, General Counsel & Secy. 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Morris R Clark director CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202