CIVI · As filed with the SEC

Civitas Resources income statement, by quarter

The statement as Civitas Resources presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) · USD millions, except per-share amounts

USD millions, except per-share amounts	Q3 2025 3 months ended Sep 30, 2025	Q2 2025 3 months ended Jun 30, 2025	Q1 2025 3 months ended Mar 31, 2025	Q4 2024^† 3 months ended Dec 31, 2024	Q3 2024 3 months ended Sep 30, 2024	Q2 2024 3 months ended Jun 30, 2024	Q1 2024 3 months ended Mar 31, 2024	Q4 2023^† 3 months ended Dec 31, 2023
Operating net revenues:
Total operating net revenues	1,168	1,057	1,194	1,292.81^†	1,272.05	1,312.69	1,329.20	1,126.78^†
Midstream operating expense	8	3	2	1.4^†	0.67	1.16	1.45	1.05^†
Crude oil, natural gas, and NGL	1,160	1,054	1,192	1,291.41^†	1,271.38	1,311.53	1,327.76	1,125.73^†
Operating expenses:
Lease operating expense	159	158	174	172.84^†	146.76	126.61	131.47	109.56^†
Midstream operating expense	12	12	14	11.04^†	11.23	11.94	13.56	10.04^†
Gathering, transportation, and processing	88	83	87	97.68^†	96.41	94.47	88.90	80.88^†
Severance and ad valorem taxes	81	75	89	86.39^†	87.26	101.91	101.91	88.29^†
Exploration	1	3	3	0.32^†	0.86	1.34	11.53	0.63^†
Depreciation, depletion, and amortization	497	501	445	544.43^†	523.93	521.09	466.84	416.63^†
Abandonment and impairment of unproved properties	—	—	—	—	—	—	—	0^†
Transaction costs	2	0	6	0.42^†	0.14	7.88	22.72	24.25^†
General and administrative expense	52	53	57	52.97^†	56.73	59.14	57.88	54.52^†
Other operating expense	3	2	4	7.33^†	2.11	1.46	7.57	2.18^†
Total operating expenses	895	887	879	973.40^†	925.44	925.83	902.37	787.00^†
Other income (expense):
Derivative gain, net	79	104	52	(11.51)^†	151.03	7.58	(109.68)	129.88^†
Interest expense	—	—	—	—	—	—	(109.79)	(90.07)^†
Interest expense	(120)	(114)	(107)	(114.30)^†	(117.76)	(114.90)	—	(90.07)^†
Gain (loss) on property transactions, net	—	—	—	(1.14)^†	0	0	(1.43)	0^†
Other, net	2	2	(13)	8.67^†	9.23	3.43	4.90	(0.70)^†
Total other income (expense)	(39)	(8)	(68)	(119.71)^†	42.50	(103.89)	(215.99)	39.12^†
Income from operations before income taxes	234	162	247	199.70^†	389.11	282.98	210.84	378.90^†
Income tax expense	(57)	(38)	(61)	(48.97)^†	(93.31)	(66.99)	(35.02)	(76.03)^†
Net income, basic	177	124	186	150.72^†	295.80	215.99	175.82	302.87^†
Net income, diluted	177	124	186	150.72^†	295.80	215.99	175.82	302.87^†
Earnings per common share:
Basic (in dollars per share)	1.99	1.34	1.99	—	3.02	2.17	1.75	—
Diluted (in dollars per share)	1.99	1.34	1.99	—	3.01	2.15	1.74	—
Weighted-average common shares outstanding:
Basic (in shares)	88,864,529	92,588,030	93,474,523	—	97,905,000	99,426,000	100,546,000	—
Diluted (in shares)	88,962,984	92,670,914	93,620,495	—	98,224,000	100,245,000	101,293,000	—

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.