Civitas Resources Inc
NYSE:CIVI
Income Statement
Earnings Waterfall
Civitas Resources Inc
Revenue
|
3.5B
USD
|
Cost of Revenue
|
-346.4m
USD
|
Gross Profit
|
3.1B
USD
|
Operating Expenses
|
-1.6B
USD
|
Operating Income
|
1.5B
USD
|
Other Expenses
|
-716.1m
USD
|
Net Income
|
784.3m
USD
|
Income Statement
Civitas Resources Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
422
N/A
|
471
+12%
|
538
+14%
|
569
+6%
|
559
-2%
|
504
-10%
|
443
-12%
|
359
-19%
|
293
-18%
|
264
-10%
|
228
-14%
|
205
-10%
|
195
-5%
|
204
+4%
|
193
-5%
|
189
-2%
|
192
+2%
|
204
+6%
|
232
+14%
|
261
+13%
|
277
+6%
|
285
+3%
|
299
+5%
|
300
+0%
|
313
+4%
|
301
-4%
|
252
-16%
|
235
-6%
|
218
-7%
|
232
+6%
|
352
+52%
|
483
+37%
|
931
+93%
|
1 674
+80%
|
2 670
+59%
|
3 488
+31%
|
3 791
+9%
|
3 630
-4%
|
3 139
-14%
|
3 167
+1%
|
3 479
+10%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(48)
|
(54)
|
(59)
|
(64)
|
(72)
|
(75)
|
(78)
|
(80)
|
(76)
|
(74)
|
(68)
|
(60)
|
(57)
|
(52)
|
(50)
|
(50)
|
(51)
|
(52)
|
(55)
|
(52)
|
(46)
|
(39)
|
(34)
|
(34)
|
(37)
|
(39)
|
(39)
|
(39)
|
(37)
|
(37)
|
(43)
|
(49)
|
(70)
|
(102)
|
(136)
|
(175)
|
(202)
|
(216)
|
(231)
|
(283)
|
(346)
|
|
Gross Profit |
374
N/A
|
417
+12%
|
479
+15%
|
505
+5%
|
486
-4%
|
430
-12%
|
366
-15%
|
279
-24%
|
216
-23%
|
190
-12%
|
160
-15%
|
145
-10%
|
139
-4%
|
152
+9%
|
144
-5%
|
139
-3%
|
141
+1%
|
151
+7%
|
177
+17%
|
208
+18%
|
231
+11%
|
246
+6%
|
265
+8%
|
266
+0%
|
276
+4%
|
262
-5%
|
212
-19%
|
196
-7%
|
181
-8%
|
195
+8%
|
308
+58%
|
434
+41%
|
861
+98%
|
1 572
+83%
|
2 534
+61%
|
3 312
+31%
|
3 590
+8%
|
3 414
-5%
|
2 908
-15%
|
2 883
-1%
|
3 133
+9%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(200)
|
(229)
|
(264)
|
(293)
|
(316)
|
(326)
|
(345)
|
(347)
|
(331)
|
(299)
|
(247)
|
(209)
|
(189)
|
(182)
|
(168)
|
(145)
|
(115)
|
(97)
|
(87)
|
(89)
|
(94)
|
(105)
|
(117)
|
(127)
|
(134)
|
(139)
|
(140)
|
(143)
|
(145)
|
(142)
|
(172)
|
(198)
|
(363)
|
(601)
|
(848)
|
(1 117)
|
(1 236)
|
(1 273)
|
(1 293)
|
(1 395)
|
(1 633)
|
|
Selling, General & Administrative |
(56)
|
(66)
|
(77)
|
(78)
|
(82)
|
(75)
|
(72)
|
(75)
|
(70)
|
(71)
|
(63)
|
(64)
|
(77)
|
(72)
|
(77)
|
(74)
|
(58)
|
(58)
|
(50)
|
(49)
|
(52)
|
(55)
|
(57)
|
(58)
|
(56)
|
(56)
|
(54)
|
(53)
|
(53)
|
(53)
|
(67)
|
(80)
|
(128)
|
(199)
|
(279)
|
(369)
|
(412)
|
(433)
|
(426)
|
(424)
|
(452)
|
|
Research & Development |
(4)
|
(5)
|
(4)
|
(5)
|
(5)
|
(5)
|
(10)
|
(14)
|
(16)
|
(16)
|
(11)
|
(4)
|
(1)
|
(4)
|
(4)
|
0
|
(7)
|
(4)
|
(4)
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(4)
|
(5)
|
(8)
|
(8)
|
(6)
|
(9)
|
(7)
|
(7)
|
(6)
|
(2)
|
(2)
|
|
Depreciation & Amortization |
(140)
|
(158)
|
(183)
|
(209)
|
(229)
|
(247)
|
(262)
|
(258)
|
(245)
|
(212)
|
(173)
|
(142)
|
(111)
|
(106)
|
(87)
|
(67)
|
(49)
|
(36)
|
(34)
|
(37)
|
(42)
|
(50)
|
(60)
|
(68)
|
(77)
|
(82)
|
(86)
|
(89)
|
(91)
|
(88)
|
(101)
|
(113)
|
(227)
|
(393)
|
(563)
|
(739)
|
(816)
|
(833)
|
(861)
|
(970)
|
(1 171)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
(4)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(7)
|
|
Operating Income |
174
N/A
|
189
+8%
|
215
+14%
|
212
-2%
|
171
-19%
|
104
-39%
|
21
-80%
|
(67)
N/A
|
(115)
-70%
|
(109)
+5%
|
(86)
+21%
|
(64)
+26%
|
(50)
+21%
|
(30)
+40%
|
(25)
+18%
|
(6)
+78%
|
27
N/A
|
54
+104%
|
89
+65%
|
119
+33%
|
137
+15%
|
141
+3%
|
148
+5%
|
140
-6%
|
142
+2%
|
123
-14%
|
72
-41%
|
53
-26%
|
37
-31%
|
53
+44%
|
136
+158%
|
236
+73%
|
498
+111%
|
972
+95%
|
1 686
+73%
|
2 195
+30%
|
2 354
+7%
|
2 141
-9%
|
1 614
-25%
|
1 488
-8%
|
1 500
+1%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(35)
|
(46)
|
(84)
|
(23)
|
75
|
98
|
115
|
101
|
(1)
|
(21)
|
(30)
|
(67)
|
(73)
|
(62)
|
(34)
|
(24)
|
(22)
|
(26)
|
(48)
|
(62)
|
28
|
(1)
|
30
|
59
|
(40)
|
98
|
64
|
41
|
51
|
(73)
|
(124)
|
(152)
|
(70)
|
(351)
|
(355)
|
(314)
|
(367)
|
(45)
|
32
|
(197)
|
(173)
|
|
Non-Reccuring Items |
(27)
|
(33)
|
(44)
|
(51)
|
(218)
|
(219)
|
(222)
|
(377)
|
(793)
|
(795)
|
(792)
|
(635)
|
(73)
|
(153)
|
(43)
|
(32)
|
(7)
|
79
|
(23)
|
(28)
|
(24)
|
(22)
|
(22)
|
(23)
|
(37)
|
(67)
|
(62)
|
(48)
|
(48)
|
(21)
|
(51)
|
(76)
|
(176)
|
(271)
|
(329)
|
(404)
|
(370)
|
(318)
|
(309)
|
(333)
|
(361)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
27
|
27
|
28
|
27
|
0
|
1
|
0
|
0
|
0
|
(1)
|
0
|
0
|
1
|
2
|
19
|
19
|
17
|
16
|
(1)
|
(1)
|
(0)
|
(0)
|
|
Total Other Income |
(0)
|
(0)
|
0
|
1
|
0
|
0
|
0
|
(2)
|
(3)
|
(3)
|
(3)
|
0
|
(3)
|
(1)
|
(1)
|
(2)
|
(0)
|
(2)
|
(1)
|
(0)
|
1
|
1
|
1
|
(0)
|
0
|
(2)
|
(2)
|
(2)
|
4
|
6
|
6
|
7
|
(2)
|
(1)
|
3
|
15
|
21
|
30
|
33
|
38
|
34
|
|
Pre-Tax Income |
112
N/A
|
110
-2%
|
88
-20%
|
138
+57%
|
28
-80%
|
(18)
N/A
|
(86)
-390%
|
(346)
-303%
|
(910)
-163%
|
(928)
-2%
|
(911)
+2%
|
(765)
+16%
|
(199)
+74%
|
(246)
-24%
|
(103)
+58%
|
(64)
+38%
|
(3)
+96%
|
106
N/A
|
17
-84%
|
56
+230%
|
168
+200%
|
147
-12%
|
184
+24%
|
176
-4%
|
67
-62%
|
153
+127%
|
73
-52%
|
45
-39%
|
43
-4%
|
(36)
N/A
|
(33)
+9%
|
16
N/A
|
252
+1 494%
|
367
+46%
|
1 024
+179%
|
1 510
+47%
|
1 654
+10%
|
1 806
+9%
|
1 369
-24%
|
996
-27%
|
999
+0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(43)
|
(42)
|
(33)
|
(53)
|
(11)
|
7
|
32
|
131
|
165
|
153
|
128
|
60
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(5)
|
61
|
61
|
71
|
60
|
(73)
|
(96)
|
(259)
|
(380)
|
(406)
|
(447)
|
(339)
|
(233)
|
(215)
|
|
Income from Continuing Operations |
70
|
68
|
54
|
85
|
17
|
(11)
|
(53)
|
(215)
|
(746)
|
(774)
|
(783)
|
(705)
|
(199)
|
(246)
|
(103)
|
(64)
|
(2)
|
106
|
17
|
56
|
168
|
147
|
184
|
176
|
67
|
153
|
73
|
40
|
104
|
25
|
39
|
76
|
179
|
271
|
765
|
1 130
|
1 248
|
1 359
|
1 030
|
763
|
784
|
|
Net Income (Common) |
68
N/A
|
70
+3%
|
56
-19%
|
87
+55%
|
20
-77%
|
(11)
N/A
|
(53)
-402%
|
(214)
-303%
|
(746)
-248%
|
(774)
-4%
|
(783)
-1%
|
(705)
+10%
|
(199)
+72%
|
(246)
-24%
|
(103)
+58%
|
(64)
+38%
|
(2)
+96%
|
106
N/A
|
17
-84%
|
56
+226%
|
168
+198%
|
147
-12%
|
184
+24%
|
176
-4%
|
67
-62%
|
153
+127%
|
73
-52%
|
40
-45%
|
104
+158%
|
25
-76%
|
39
+55%
|
76
+97%
|
179
+136%
|
271
+51%
|
765
+183%
|
1 130
+48%
|
1 248
+10%
|
1 359
+9%
|
1 030
-24%
|
763
-26%
|
784
+3%
|
|
EPS (Diluted) |
225.33
N/A
|
174
-23%
|
140.74
-19%
|
218.24
+55%
|
49.74
-77%
|
-26.49
N/A
|
-133
-402%
|
-535.75
-303%
|
-1 863.75
-248%
|
-1 936
-4%
|
-1 956.75
-1%
|
-1 763.25
+10%
|
-497.5
+72%
|
-615
-24%
|
-5.05
+99%
|
-3.13
+38%
|
-0.12
+96%
|
5.16
N/A
|
0.85
-84%
|
2.74
+222%
|
8.16
+198%
|
7.14
-13%
|
8.86
+24%
|
8.5
-4%
|
3.24
-62%
|
7.39
+128%
|
3.49
-53%
|
1.91
-45%
|
4.95
+159%
|
1.19
-76%
|
1.25
+5%
|
2.44
+95%
|
4.74
+94%
|
3.17
-33%
|
8.93
+182%
|
13.19
+48%
|
14.58
+11%
|
16.49
+13%
|
12.69
-23%
|
8.52
-33%
|
9.02
+6%
|