Civitas Solutions (CIVI) Tops Q4 EPS by 77c
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Civitas Resources Announces Fourth Quarter and Full-Year 2021 Results; Declares Dividend to be Paid in March
March 8, 2022 4:46 PM ESTDENVER--(BUSINESS WIRE)-- Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today announced its fourth quarter and full-year 2021 financial results, and has posted an updated investor presentation to its website.
Operational Highlights for the Fourth Quarter 2021
Assuming a full quarter of contribution from the merged Civitas companies:
Average daily sales volumes were 153.5 thousand barrels of oil equivalent per day (MBoe/d), with oil representing 40% of total volumes, relative to guidance of 148-154 Mboe/d with oil representing 39-41% of the total Total capital expenditures were... More