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Exchange | NYSE |
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CurrencyCode | USD |
ISIN | US17888H1032 |
Sector | Energy |
Industry | Oil & Gas E&P |
Market Cap | 3B |
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PE Ratio | 3.46 |
Target Price | 48 |
Dividend Yield | 6.8% |
Beta | 1.41 |
Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production of crude oil and associated liquids-rich natural gas. Its assets include DJ Basin assets comprising of approximately 356,800 net acres located in Weld, Arapahoe, Adams, and Boulder counties, Colorado; and Permian Basin assets comprising of 120,400 net acres located in Upton, Reagan, Glasscock, Martin, Midland, Reeves, and Loving counties, Texas, and Eddy and Lea counties, New Mexico. The company was formerly known as Bonanza Creek Energy, Inc. Civitas Resources, Inc. was incorporated in 2010 and is based in Denver, Colorado.
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