Civitas Q3 Earnings Beat Estimates, Revenues Miss, Both Fall Y/Y

Key Takeaways Civitas posted Q3 adjusted EPS of $1.93, beating estimates but down from last year's $1.99.Revenues of $1.2B missed consensus as oil and gas sales volumes declined year over year.Civitas and SM Energy agreed to merge in an all-stock deal valued at about $12.8B.Civitas Resources, Inc. (CIVI) reported third-quarter 2025 adjusted earnings per share of $1.93, which surpassed the Zacks Consensus Estimate of $1.34. The outperformance was driven by higher natural gas price realizations. However, the ...