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Civitas Resources (FRA:B2C) 6-Month Price Index : 1.10 (As of May. 29, 2024)


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What is Civitas Resources 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-29), Civitas Resources's 6-Month Price Index is 1.10.

Competitive Comparison of Civitas Resources's 6-Month Price Index

For the Oil & Gas E&P subindustry, Civitas Resources's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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  (FRA:B2C) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

Civitas Resources  (FRA:B2C) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Civitas Resources 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of Civitas Resources's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

Civitas Resources (FRA:B2C) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Civitas Resources Inc (FRA:B2C) » Definitions » 6-Month Price Index
Comparable Companies
MUR CHRD MTDR SWN RRC AR PR SM DEN MGY COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN
Traded in Other Exchanges
CIVI:USA
Address
555 17th Street, Suite 3700, Denver, CO, USA, 80202
Website
https://www.civitasresources.com
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.

Civitas Resources (FRA:B2C) Headlines

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