Civitas Resources, Inc.
Civitas Resources, Inc. (BCEI) Financial Performance & Income Statement Overview
View comprehensive annual and quarterly summaries for Civitas Resources, Inc. (BCEI), featuring income statements, balance sheets, and cash flow data.
Civitas Resources, Inc. (BCEI) Income Statement & Financial Overview
Analyze Civitas Resources, Inc.’s BCEI earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $1.29B | $1.27B | $1.31B | $1.33B |
| Cost of Revenue | $826.78M | $778.33M | $857.36M | $814.21M |
| Gross Profit | $464.96M | $493.72M | $455.34M | $515.00M |
| Gross Profit Ratio | $0.36 | $0.39 | $0.35 | $0.39 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $53.22M | $56.73M | $59.13M | $57.88M |
| Operating Expenses | $464.96M | $493.72M | $60.59M | $65.44M |
| Total Costs & Expenses | $1.29B | $925.29M | $917.95M | $879.65M |
| Interest Income | -$16.77M | $0.00 | $0.00 | $0.00 |
| Interest Expense | $97.08M | $115.11M | $100.52M | $95.83M |
| Depreciation & Amortization | $544.57M | $523.93M | $521.09M | $466.84M |
| EBITDA | $841.41M | $1.02B | $918.97M | $787.47M |
| EBITDA Ratio | $0.65 | $0.80 | $0.70 | $0.69 |
| Operating Income | -$1.19B | $346.75M | $394.74M | $449.55M |
| Operating Income Ratio | -$0.92 | $0.27 | $0.30 | $0.34 |
| Other Income/Expenses (Net) | $1.39B | $42.36M | $281.82M | -$238.71M |
| Income Before Tax | $199.76M | $389.11M | $282.98M | $210.84M |
| Income Before Tax Ratio | $0.15 | $0.31 | $0.22 | $0.16 |
| Income Tax Expense | $48.65M | $93.31M | $66.99M | $35.02M |
| Net Income | $151.11M | $295.80M | $215.99M | $175.82M |
| Net Income Ratio | $0.12 | $0.23 | $0.16 | $0.13 |
| EPS | $1.53 | $3.02 | $2.17 | $1.75 |
| Diluted EPS | $1.52 | $3.01 | $2.15 | $1.74 |
| Weighted Avg Shares Outstanding | $98.86M | $97.91M | $99.43M | $100.55M |
| Weighted Avg Shares Outstanding (Diluted) | $99.18M | $98.22M | $100.25M | $101.29M |
Financial performance has remained strong, with revenue growing from $1.33B in Q1 2024 to $1.29B in Q4 2024. Gross profit continued to perform well, with margins at 36% in the latest quarter. Operating income reached -$1.19B in Q4 2024, holding a steady -92% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $841.41M. Net income dropped to $151.11M, keeping EPS at $1.53. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
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