Civitas Resources Q3 Earnings Soar, Stock Surges

Civitas Resources soars in after-hours trading following impressive Q3 earnings; adjusted earnings of $1.93 per share surpass analyst predictions, driven by increased production and lower costs; company reduces net debt by $237M and buys back $250M of its own stock.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.