CIVI · As filed with the SEC
Civitas Resources balance sheet, 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 BALANCE SHEETS (UNAUDITED) · USD millions
| USD millions | Q3 2025 Sep 30, 2025 | Q2 2025 Jun 30, 2025 | Q1 2025 Mar 31, 2025 | Q4 2024 Dec 31, 2024 | Q3 2024 Sep 30, 2024 | Q2 2024 Jun 30, 2024 | Q1 2024 Mar 31, 2024 | Q4 2023 Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash and cash equivalents | 56 | 69 | 20 | 75.83 | 47.08 | 91.88 | 52.07 | 1,124.80 |
| Accounts receivable, net: | ||||||||
| Crude oil, natural gas, and NGL sales | 523 | 587 | 573 | 646.29 | 549.07 | 559.74 | 601.99 | 505.96 |
| Joint interest and other | 113 | 138 | 142 | 125.05 | 201.20 | 227.23 | 228.00 | 247.23 |
| Derivative assets | 169 | 174 | 135 | 66.52 | 94.31 | 14.12 | 10.60 | 35.19 |
| Prepaid income taxes | — | — | — | — | — | — | — | 9.55 |
| Escrow Deposit | — | — | — | 0 | 0 | 0 | 0 | 163.16 |
| Prepaid expenses and other | 84 | 82 | 74 | 74.64 | 67.96 | 60.81 | 62.27 | 58.52 |
| Total current assets | 945 | 1,050 | 944 | 988.32 | 959.62 | 953.78 | 954.94 | 2,144.41 |
| Property and equipment (successful efforts method): | ||||||||
| Proved properties | 18,924 | 18,328 | 17,660 | 16,897.07 | 16,310.97 | 15,671.86 | 14,973.15 | 12,738.57 |
| Less: accumulated depreciation, depletion, and amortization | (5,663) | (5,212) | (4,721) | (4,287.75) | (3,751.61) | (3,249.81) | (2,751.36) | (2,339.54) |
| Total proved properties, net | 13,261 | 13,116 | 12,939 | 12,609.32 | 12,559.35 | 12,422.04 | 12,221.79 | 10,399.03 |
| Unproved properties | 318 | 462 | 589 | 630.73 | 782.03 | 817.35 | 957.40 | 821.94 |
| Wells in progress | 375 | 543 | 580 | 505.56 | 514.59 | 661.60 | 759.66 | 536.86 |
| Other property and equipment, net of accumulated depreciation of $10 million in 2025 and $9 million in 2024 | 55 | 57 | 49 | 48.76 | 55.30 | 56.63 | 57.10 | 62.39 |
| Total property and equipment, net | 14,009 | 14,178 | 14,157 | 13,794.36 | 13,911.27 | 13,957.62 | 13,995.94 | 11,820.22 |
| Derivative assets | 2 | 12 | 57 | 17.04 | 4.49 | 0.5 | 0.25 | 8.23 |
| Right-of-use assets | — | — | — | — | — | — | — | 94.61 |
| Other noncurrent assets | 155 | 163 | 172 | 144.41 | 132.42 | 129.39 | 132.89 | 29.85 |
| Total assets | 15,111 | 15,403 | 15,330 | 14,944.12 | 15,007.79 | 15,041.29 | 15,084.02 | 14,097.32 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable and accrued expenses | 623 | 622 | 597 | 560.89 | 586.33 | 665.64 | 659.85 | 565.71 |
| Severance and ad valorem taxes payable | 291 | 283 | 330 | 322.98 | 320.52 | 259.30 | 411.07 | 421.05 |
| Crude oil, natural gas, and NGL revenue distribution payable | 646 | 610 | 668 | 702.13 | 635.51 | 705.34 | 814.55 | 766.12 |
| Derivative liability | 17 | 39 | 78 | 22.18 | 14.17 | 70.84 | 80.61 | 18.10 |
| Asset retirement obligations | — | — | — | — | — | — | — | 31.12 |
| Lease liability | — | — | — | — | — | — | — | 45.30 |
| Deferred revenue | — | — | — | — | — | — | — | 4.50 |
| Deferred acquisition consideration | 0 | 0 | 0 | 478.75 | 469.18 | 497.28 | 525.63 | — |
| Other liabilities | 118 | 129 | 131 | 118.17 | 88.39 | 91.35 | 87.99 | — |
| Total current liabilities | 1,695 | 1,683 | 1,804 | 2,205.09 | 2,114.11 | 2,289.74 | 2,579.70 | 1,851.89 |
| Long-term liabilities: | ||||||||
| Debt, net | — | — | — | 4,493.53 | — | — | — | 4,035.73 |
| Credit facility | — | — | — | — | — | — | — | 750 |
| Debt, net | 5,139 | 5,388 | 5,096 | — | 4,841.52 | 4,889.55 | 4,437.62 | — |
| Ad valorem taxes | 149 | 129 | 332 | 294.06 | 203.47 | 189.92 | 376.26 | 313.75 |
| Derivative liability | 8 | 15 | 19 | 13.02 | 10.89 | 0.94 | 5.69 | 0 |
| Deferred income tax liabilities, net | 955 | 891 | 856 | 800.55 | 752.18 | 657.47 | 594.78 | 564.78 |
| Asset retirement obligations | 365 | 384 | 393 | 399.00 | 310.42 | 317.89 | 336.56 | 305.72 |
| Lease liability | — | — | — | — | — | — | — | 50.24 |
| Deferred revenue | — | — | — | — | — | — | — | 43.89 |
| Other long-term liabilities | 115 | 119 | 125 | 110.12 | 106.73 | 109.77 | 118.49 | — |
| Total liabilities | 8,426 | 8,609 | 8,625 | 8,315.37 | 8,339.32 | 8,455.27 | 8,449.10 | 7,916.00 |
| Stockholders’ equity: | ||||||||
| Preferred stock, $.01 par value, 25,000,000 shares authorized, none outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common stock, $.01 par value, 225,000,000 shares authorized, 85,293,095 and 93,933,857 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 5 | 5 | 5 | 5.01 | 5.04 | 5.05 | 5.07 | 5.00 |
| Additional paid-in capital | 4,639 | 5,030 | 5,019 | 5,095.30 | 5,255.28 | 5,318.43 | 5,402.98 | 4,964.45 |
| Retained earnings | 2,041 | 1,759 | 1,681 | 1,528.44 | 1,408.16 | 1,262.54 | 1,226.88 | 1,211.87 |
| Total stockholders’ equity | 6,685 | 6,794 | 6,705 | 6,628.75 | 6,668.48 | 6,586.02 | 6,634.93 | 6,181.32 |
| Total liabilities and stockholders’ equity | 15,111 | 15,403 | 15,330 | 14,944.12 | 15,007.79 | 15,041.29 | 15,084.02 | 14,097.32 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.