Reports Q3 revenue $1.17B, consensus $1.18B. Oil and total production were up six percent from the second quarter to more than 158 thousand barrels of oil per day (“MBbl/d”) and 336 thousand barrels of oil equivalent per day (“MBoe/d”), and cash operating expenses(2) were lower by five percent to $9.67 per barrel of oil equivalent (“BOE”).
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CIVI:
- Civitas Resources, Inc. (CIVI) Q3 Earnings Cheat Sheet
- Wolfe downgrades Civitas to Peer Perform after SM Energy merger announcement
- Civitas Resources Merges with SM Energy
- Civitas Resources downgraded to Peer Perform from Outperform at Wolfe Research
- SM Energy price target lowered to $28 from $33 at Roth Capital
