Civitas Resources, Inc. which can be found using ticker (CIVI) now have 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 93 and 74 calculating the average target price we see $82.29. Now with the previous closing price of $71.44 this would imply there is now a potential upside of 15.2%. It’s also worth noting that there is a 50 day moving average of $68.20 and the 200 moving average now moves to $65.16. The company has a market capitalization of 5.82B. The current stock price for Targa Resources Corp. is currently 72.36 USD
The potential market cap would be $6,704,393,395 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 4.35, revenue per share of 43.09 and a 15.57% return on assets.
Civitas Resources, Inc. is an independent exploration and production company. The Company is focused on the acquisition, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region, primarily in the Denver-Julesburg Basin of Colorado (the DJ Basin). The Company has interests in a total of 3,702 gross producing wells, of which 3,116 were horizontal. The Company also has total acreage position consisting of approximately 826,500 gross (525,900 net) acres. The Company’s midstream assets provide reliable gathering, treating, and storage for the Company’s operated production.
