Civitas Solutions (CIVI) Tops Q2 EPS by 72c

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Go back to Civitas Solutions (CIVI) Tops Q2 EPS by 72c

Civitas Resources Announces Second Quarter 2022 Results; Declares Fixed-plus-Variable Dividend to be Paid in September

August 3, 2022 4:30 PM EDT

DENVER--(BUSINESS WIRE)-- Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today announced its second quarter 2022 financial results, and has posted an updated investor presentation to its website.

Operational and Financial Highlights for the Second Quarter 2022

Average daily sales volumes of 175.2 thousand barrels of oil equivalent per day (MBoe/d), with oil representing 46% of total volumes, and total capital expenditures of $238.6 million LOE plus recurring cash G&A(1) of $3.89 per Boe for the second quarter 2022, down sequentially from $4.25 per Boe in the first... More