Piper Sandler has downgraded Civitas Resources Inc (CIVI) to Neutral from Overweight as of November 17, 2025. The stock is currently priced at $28.72.
This move underscores increased caution regarding Civitas' outlook. Concerns may relate to competitive pressures, market conditions, or execution risks that could affect the company's performance.
Civitas Resources, an independent exploration and production company, focuses on acquiring, developing, and producing crude oil and liquids-rich natural gas. Its operations are primarily in the Denver-Julesburg Basin in Colorado and the Permian Basin in Texas and New Mexico. The company has a market cap of $2.4 billion, a P/E ratio of 3.70, and a dividend yield of 721.8%.
Upcoming earnings are scheduled for August 3, 2026, with an estimated EPS of $0.85 and revenue of $1.1 billion. Analyst consensus shows a mix of opinions, with 5 Strong Buy, 6 Buy, and 11 Hold ratings among 22 total analysts as of November 1, 2025.
Analyst ratings can change as new information emerges, and differing opinions may exist among analysts covering the same company. Investment decisions should take into account a variety of factors, including company fundamentals and industry trends.