Civitas Resources, Inc. is an independent, domestic oil and gas producer focused on development of its assets in the Denver-Julesburg (DJ) and Permian Basins. Co.'s operations are focused along the Denver-Julesburg (DJ), Delaware and Midland Basins. Its development facilities are located in counties across the Front Range of northern and central Colorado, as well as Southeastern New Mexico and West Texas. Its acreage position in the DJ Basin is about 453,600 net acres and, in the Permian Basin, it is about 68,500 net acres. Co. has a total production of about 280,000 barrels of oil equivalent (BOE). We show 32 historical shares outstanding datapoints in our coverage of CIVI's shares outstanding history.
Understanding the changing numbers of CIVI shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CIVI versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching CIVI by allowing them to research CIVI shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
