Civitas Solutions (CIVI) Misses Q1 EPS by $1.40, Revenue Beats
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Civitas Resources Announces First Quarter 2022 Results; Declares Dividend to be Paid in June
May 4, 2022 4:30 PM EDTDENVER--(BUSINESS WIRE)-- Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today announced its first quarter 2022 financial results, and has posted an updated investor presentation to its website.
Operational and Financial Highlights for the First Quarter 2022
Average daily sales volumes of 159.0 thousand barrels of oil equivalent per day (MBoe/d), with oil representing 43% of total volumes (includes one month of volumes from the Bison acquisition, which closed March 1, 2022) Total capital expenditures of $234.5 million GAAP net income of $91.6 million for the first quarter 2022 Adjusted... More