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Investing.com - Civitas Resources reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Civitas Resources announced earnings per share of $4.74 on revenue of $1.01B. Analysts polled by Investing.com EPS of $3.59 on revenue of $873.31M.
Civitas Resources 's are up 10% and is trading at $69.50 , still down 18.00% from its 52 week high of $84.76 set on Wednesday, June 8, 2022.
Civitas Resources follows other major Energy sector earnings this month
Civitas Resources's report follows an earnings beat by Exxon Mobil on Friday, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
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