Civitas Resources (CIVI) shares fell by more than 16% in recent Tuesday trading after KeyBanc downgraded the company's rating to sector weight from overweight following Q4 results that missed consensus estimates.
Civitas reported Q4 earnings late Monday of $1.57 per diluted share, down from $3.20 a year earlier. Analysts polled by FactSet expected $2.05.
Operating revenue for the quarter ended Dec. 31 was $1.29 billion, up from $1.13 billion a year earlier. Analysts surveyed by FactSet expected $1.30 billion.
Price: 40.95, Change: -8.35, Percent Change: -16.94
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。