Civitas Resources (CIVI) Revenue & Revenue Breakdown


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Civitas Resources Revenue Highlights


Latest Revenue (Y)

$3.48B

Latest Revenue (Q)

$1.31B

Main Segment (Y)

Crude Oil

Main Geography (Y)

Oil

Civitas Resources Revenue by Period


Civitas Resources Revenue by Year

DateRevenueChange
2023-12-31$3.48B-8.23%
2022-12-31$3.79B307.41%
2021-12-31$930.61M326.71%
2020-12-31$218.09M-30.37%
2019-12-31$313.22M13.22%
2018-12-31$276.66M41.66%
2017-12-31$195.29M-
2016-12-31$195.29M-33.27%
2015-12-31$292.68M-47.61%
2014-12-31$558.63M32.42%
2013-12-31$421.86M82.46%
2012-12-31$231.21M261.08%
2011-12-31$64.03M-

Civitas Resources generated $3.48B in revenue during NA 2023, up -8.23% compared to the previous quarter, and up 1257.60% compared to the same period a year ago.

Civitas Resources Revenue by Quarter

DateRevenueChange
2024-06-30$1.31B-1.24%
2024-03-31$1.33B17.97%
2023-12-31$1.13B8.77%
2023-09-30$1.04B56.83%
2023-06-30$660.53M0.69%
2023-03-31$656.02M-19.43%
2022-12-31$814.27M-19.22%
2022-09-30$1.01B-12.46%
2022-06-30$1.15B40.79%
2022-03-31$817.81M60.21%
2021-12-31$510.46M168.71%
2021-09-30$189.96M21.74%
2021-06-30$156.03M110.41%
2021-03-31$74.16M18.40%
2020-12-31$62.63M6.42%
2020-09-30$58.86M62.63%
2020-06-30$36.19M-40.08%
2020-03-31$60.41M-24.18%
2019-12-31$79.67M5.97%
2019-09-30$75.18M-12.36%
2019-06-30$85.78M18.17%
2019-03-31$72.59M9.64%
2018-12-31$66.21M-10.98%
2018-09-30$74.38M3.49%
2018-06-30$71.87M11.96%
2018-03-31$64.19M0.92%
2017-12-31$63.61M40.62%
2017-09-30$45.23M-34.05%
2017-03-31$68.59M45.11%
2016-12-31$47.27M-4.17%
2016-09-30$49.33M-9.55%
2016-06-30$54.53M23.44%
2016-03-31$44.17M-38.77%
2015-09-30$72.15M-

Civitas Resources generated $1.31B in revenue during Q2 2024, up -1.24% compared to the previous quarter, and up 200.10% compared to the same period a year ago.

Civitas Resources Revenue Breakdown


Civitas Resources Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Sep 18
Crude Oil$2.78B--
Natural Gas$309.72M$695.08M-
Natural Gas Liquids$392.83M$560.18M-
Oil-$2.54B-
At Risk Youth (ARY)--$147.68M
Post Acute Specialty Rehabilitation Services--$356.28M
Intellectual and Developmentally Disabilities--$1.03B

Civitas Resources's latest annual revenue breakdown by segment (product or service), as of Dec 23: Crude Oil (79.81%), Natural Gas Liquids (11.29%), and Natural Gas (8.90%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 18Sep 18Jun 18Mar 18
Natural Gas$9.39M$86.99M$79.47M$81.33M$45.36M$103.56M----
Crude Oil$1.13B$1.08B--------
Natural Gas Liquids-$165.17M$113.71M$112.91M$74.12M$92.09M----
Oil---$841.68M$541.04M$460.37M----
Intellectual and Developmentally Disabilities------$260.53M$261.22M$256.45M$252.04M
Post Acute Specialty Rehabilitation Services------$89.10M$91.89M$90.57M$87.83M
At Risk Youth (ARY)------$38.02M$36.94M$38.27M$36.60M

Civitas Resources's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Crude Oil (99.18%), and Natural Gas (0.82%).

Civitas Resources Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19
Natural Gas$695.08M$144.71M$24.24M$28.30M
Natural Gas Liquids$560.18M$171.09M--
Oil$2.54B$614.81M$174.54M$268.87M
NGL--$19.31M$16.06M

Civitas Resources's latest annual revenue breakdown by geography, as of Dec 22: Oil (66.89%), Natural Gas (18.33%), and Natural Gas Liquids (14.78%).

Civitas Resources Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FANGDiamondback Energy$8.34B$2.48B
ARAntero Resources$4.68B$978.65M
CIVICivitas Resources$3.48B$1.31B
MURMurphy Oil$3.46B$802.77M
PRPermian Resources$3.12B$1.25B
MTDRMatador Resources Company$2.82B$855.20M
RRCRange Resources$2.55B$513.24M
SMSM Energy Company$2.36B$634.55M
VTLEVital Energy$1.55B$476.37M
MGYMagnolia Oil & Gas$1.23B$336.73M

CIVI Revenue FAQ


Civitas Resources's yearly revenue for 2023 was $3.48B, representing a decrease of -8.23% compared to 2022. The company's yearly revenue for 2022 was $3.79B, representing an increase of 307.41% compared to 2021. CIVI's yearly revenue for 2021 was $930.61M, representing an increase of 326.71% compared to 2020.

Civitas Resources's quarterly revenue for Q2 2024 was $1.31B, a -1.24% decrease from the previous quarter (Q1 2024), and a 98.73% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.33B, a 17.97% increase from the previous quarter (Q4 2023), and a 102.62% increase year-over-year (Q1 2023). CIVI's quarterly revenue for Q4 2023 was $1.13B, a 8.77% increase from the previous quarter (Q3 2023), and a 38.38% increase year-over-year (Q4 2022).

Civitas Resources's revenue growth rate for the last 3 years (2021-2023) was 273.86%, and for the last 5 years (2019-2023) was 1010.80%.

Civitas Resources's revenue streams in c 23 are Crude Oil, Natural Gas, and Natural Gas Liquids. Crude Oil generated $2.78B in revenue, accounting 79.81% of the company's total revenue Natural Gas generated $309.72M in revenue, accounting 8.90% of the company's total revenue, down -55.44% year-over-year. Natural Gas Liquids generated $392.83M in revenue, accounting 11.29% of the company's total revenue, down -29.88% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Civitas Resources was Crude Oil. This segment made a revenue of $2.78B, representing 79.81% of the company's total revenue.