CIVI · As filed with the SEC
Civitas Resources cash flow 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 CASH FLOWS (UNAUDITED) · USD millions
| USD millions | 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 |
|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||
| Net income | 177† | 124† | 186 | 150.72† | 295.61† | 215.81† | 175.82 | 302.87† |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||
| Depreciation, depletion, and amortization | 497† | 501† | 445 | 544.43† | 523.86† | 520.93† | 466.84 | 416.63† |
| Abandonment and impairment of unproved properties | — | — | — | — | — | — | — | 0† |
| Stock-based compensation | 11† | 13† | 13 | 12.27† | 13.12† | 12.46† | 11.20 | 9.35† |
| Derivative gain, net | (79)† | (104)† | (52) | 11.51† | (150.93)† | (7.90)† | 109.68 | (129.88)† |
| Derivative cash settlement gain (loss), net | — | — | — | — | — | — | — | (23.34)† |
| Amortization of deferred financing costs and deferred acquisition consideration | — | — | — | — | — | — | — | 3.59† |
| (Gain) loss on property transactions, net | — | — | — | 1.14† | 0† | 0† | 1.43 | 0† |
| Derivative cash settlement gain (loss), net | 65† | 69† | 4 | — | 18.29† | (12.91)† | (11.16) | — |
| Amortization of deferred financing costs and deferred acquisition consideration | 4† | 5† | 4 | — | 13.93† | 13.39† | 12.35 | — |
| Deferred income tax expense | 65† | 34† | 56 | 48.77† | 94.40† | 62.69† | 29.99 | 106.19† |
| Other, net | 5† | (13)† | 10 | 3.08† | (3)† | (2.97)† | (1.04) | (0.33)† |
| Accounts receivable, net | (93)† | 10† | (57) | 11.96† | (32)† | (80)† | — | — |
| Prepaid expenses and other | 10† | 12† | 4 | (22.64)† | 12† | 0† | — | — |
| Accounts payable, accrued expenses, and other liabilities | 32† | (309)† | 0 | 129.42† | 9† | (524)† | — | — |
| Changes in operating assets and liabilities, net | — | — | — | — | 28.27† | (444.25)† | 17.43 | — |
| Net cash provided by operating activities | 860† | 298† | 719 | 858.23† | 835.16† | 359.12† | 812.55 | 843.19† |
| Cash flows from investing activities: | ||||||||
| Acquisitions of businesses, net of cash acquired | (5)† | 0† | (756) | (0.10)† | (37.10)† | (33.60)† | (833.90) | (5.12)† |
| Acquisitions of crude oil and natural gas properties | (34)† | (3)† | (17) | (23.44)† | (10.34)† | (13.98)† | 0 | (93.88)† |
| Proceeds from sale of crude oil and natural gas properties | — | — | — | — | — | — | — | 84.69† |
| Exploration and development of crude oil and natural gas properties | — | — | — | — | — | — | — | (570.27)† |
| Proceeds from (additions to) other property and equipment | — | — | — | — | — | — | — | (0.18)† |
| Capital expenditures for drilling and completion activities and other fixed assets | (471)† | (486)† | (475) | (292.43)† | (541.11)† | (518.70)† | (571.58) | (570.27)† |
| Proceeds from property transactions | 185† | 1† | 2 | 45.82† | (8.72)† | 78.68† | 92.86 | 84.69† |
| Payments For Purchase Of Carbon Credits And Renewable Energy Credits | 0† | — | — | (9.74)† | (5.92)† | — | — | (0.29)† |
| Other, net | — | — | 1 | 4† | 2† | 0† | 0 | 1.72† |
| Net cash used in investing activities | (324)† | (489)† | (1,245) | (271.88)† | (597.19)† | (489.48)† | (1,312.62) | (746.29)† |
| Cash flows from financing activities: | ||||||||
| Proceeds from credit facility | 550† | 450† | 1,100 | 250† | 350† | 1,000† | 300 | 1,000† |
| Payments to credit facility | (800)† | (900)† | (500) | (600)† | (400)† | (550)† | (650) | (900)† |
| Payment of deferred financing costs and deferred acquisition consideration | — | — | — | — | — | — | (1.37) | — |
| Proceeds from issuance of senior notes | 0† | — | — | 0† | 0† | — | — | 987.5† |
| Payment of deferred financing costs and other | — | — | — | — | (1.35)† | — | — | — |
| Payment of deferred financing costs and other | — | — | — | — | — | — | — | (2.88)† |
| Redemption of senior notes | — | — | — | — | — | — | — | 0† |
| Dividends paid | (44)† | (47)† | (50) | (47.84)† | (149.21)† | (149.36)† | (148.44) | (149.29)† |
| Common stock repurchased and retired | (250)† | (1)† | (71) | (157.31)† | (77.86)† | (124.87)† | (66.94) | 0† |
| Proceeds from exercise of stock options | — | — | — | — | 0.00† | 0.01† | 0 | 0.00† |
| Payment of employee tax withholdings in exchange for the return of common stock | (2)† | 0† | (5) | (0.04)† | (2.64)† | (1.51)† | (7.07) | (0.11)† |
| Principal payments on finance lease obligations | — | — | — | — | (0.92)† | (0.81)† | (0.76) | (0.73)† |
| Other, net | 3† | 5† | 4 | (12.43)† | 3† | 3† | — | — |
| Net cash provided by (used in) financing activities | (549)† | 240† | 470 | (557.34)† | (282.71)† | 170.54† | (574.58) | 934.49† |
| Net change in cash, cash equivalents, and restricted cash | (13)† | 49† | (56) | 29.01† | (44.74)† | 40.17† | (1,074.64) | 1,031.39† |
| Cash, cash equivalents, and restricted cash: | ||||||||
| Beginning of period | 69 | 20 | 76 | 47 | 92 | 52 | 1,126.82 | 95.43 |
| End of period | 56 | 69 | 20 | 75.83 | 47.08 | 91.99 | 52.17 | 1,126.82 |
† 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.