UBS Maintains Neutral Rating on Civitas Resources (CIVI) Following Operational Improvements

Core Insights - Civitas Resources, Inc. (NYSE:CIVI) is recognized as one of the 9 hot energy stocks to buy, with UBS maintaining a Neutral rating and a price target of $27 following the third-quarter 2025 earnings report [1][2] Production and Financial Performance - The company reported a 6% increase in overall output, averaging approximately 336,000 barrels of oil equivalent per day (mboepd) during the quarter [1] - Oil volumes rose to 158 thousand barrels per day, while cash operating costs decreased by 5% to $9.67 per barrel of oil equivalent [1] - Adjusted earnings per share for the third quarter were $1.93, significantly exceeding the consensus forecast of $1.34 [2] - Revenue for the quarter was $1.17 billion, slightly below analyst expectations of $1.20 billion [2] Operational Improvements - UBS noted that Civitas Resources demonstrated "continued operational improvements" during the quarter, which are expected to benefit the company moving forward [2]