Analyst Price Target is $96.80
▲ +36.72% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Civitas Resources in the last 3 months. The average price target is $96.80, with a high forecast of $106.00 and a low forecast of $90.00. The average price target represents a 36.72% upside from the last price of $70.80.
Current Consensus is
Buy
The current consensus among 11 investment analysts is to buy stock in Civitas Resources. This Buy consensus rating has held steady for over two years.
Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. As of December 31,2021, it had proved reserves 397.7 MMBoe comprising 143.6 MMbbls of crude oil, 106.0 MMbbls of natural gas liquids, and 888.5 Bcf of natural gas. The company was formerly known as Bonanza Creek Energy, Inc. Civitas Resources, Inc. was founded in 1999 and is based in Denver, Colorado.
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