The earnings call highlighted significant operational achievements and financial strategies that aim to improve shareholder value, including aggressive capital returns and efficiency gains. However, challenges such as leadership changes and concerns regarding market performance are noted.

Company Guidance

During the Civitas Resources second quarter 2025 earnings call, the company outlined several key metrics and strategic initiatives. They emphasized their commitment to maximizing free cash flow, with a target to achieve $4.5 billion in net debt by year's end, supported by a 60% hedge on oil for the remainder of the year. The company also highlighted a $750 million share repurchase authorization, representing about 28% of their market cap, and plans to allocate 50% of free cash flow after the base dividend to share buybacks. Operationally, Civitas reported oil volume growth of 6% quarter-over-quarter, with cash operating expenses down by more than 10% on a unit basis. They achieved nearly $750 million in adjusted EBITDA and over $120 million in adjusted free cash flow for the quarter. Additionally, they have executed asset divestitures worth $435 million, exceeding their target, and are on track with $100 million in cost optimization initiatives. The call also introduced Wouter van Kempen as the interim CEO following Chris Doyle's departure, emphasizing a focus on execution, performance, and cost leadership.

Enhanced Capital Return Program

Civitas Resources announced a reinstated and aggressive capital returns plan with a buyback authorization exceeding 25% of its market cap.

Operational Efficiency Gains

Drilling and completion efficiencies realized in each basin resulted in reduced well costs, with reductions of 7% in Delaware, 5% in Midland, and 3% in DJ.

Strong Second Quarter Results

Oil volumes grew 6% quarter-over-quarter, cash operating expenses fell by more than 10%, and the company generated nearly $750 million in adjusted EBITDA and over $120 million in adjusted free cash flow.

Asset Divestitures

Civitas significantly exceeded its target for non-core asset sales with agreements to divest $435 million in non-core DJ Basin assets, achieving a 4x multiple on 2026 cash flow.

Increased Hedging for Risk Reduction

The company increased its hedges to approximately 60% on oil for the remainder of the year, which is about double the usual levels.

Civitas Resources (CIVI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

CIVI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	1.35 / -	1.99	―	―	―
Aug 06, 2025	2025 (Q2)	1.11 / 0.99	2.06	-51.94% (-1.07)
May 07, 2025	2025 (Q1)	1.67 / 1.77	2.74	-35.40% (-0.97)
Feb 24, 2025	2024 (Q4)	1.99 / 1.78	2.193	-18.83% (-0.41)
Nov 07, 2024	2024 (Q3)	1.99 / 1.99	2.916	-31.76% (-0.93)
Aug 01, 2024	2024 (Q2)	2.75 / 2.06	2.153	-4.32% (-0.09)
May 02, 2024	2024 (Q1)	2.56 / 2.74	2.13	28.64% (+0.61)
Feb 27, 2024	2023 (Q4)	2.74 / 2.19	2.49	-11.93% (-0.30)
Nov 07, 2023	2023 (Q3)	2.59 / 2.92	3.56	-18.09% (-0.64)
Aug 02, 2023	2023 (Q2)	1.75 / 2.15	4.63	-53.50% (-2.48)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

CIVI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$27.85	$30.09	+8.04%
May 07, 2025	$26.60	$26.93	+1.24%
Feb 24, 2025	$47.77	$39.10	-18.15%
Nov 07, 2024	$51.21	$51.31	+0.20%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Civitas Resources (CIVI) report earnings?

Civitas Resources (CIVI) is schdueled to report earning on Nov 05, 2025, After Close (Confirmed).

What is Civitas Resources (CIVI) earnings time?

Civitas Resources (CIVI) earnings time is at Nov 05, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is CIVI EPS forecast?

CIVI EPS forecast for the fiscal quarter 2025 (Q3) is 1.35.

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