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 anticipated EPS of $3.59 on revenue of $873.31M.
Civitas Resources shares are up 10% from the beginning of the year and are trading at $69.50 , down-from-52-week-high.
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, compared to forecasts 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, compared to forecast for EPS of $4.83 on revenue of $57.03B.
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