The Company's board of directors approved a dividend of $1.59 per share, payable on December 29, 2023 to shareholders of record as of December 15, 2023. The total reflects the combination of a quarterly base dividend of $0.50 per share and a quarterly variable dividend of $1.09 per share.
My updated profile and forecast mode for CIVI have been posted to the EPG website.
My new Base Case WTI oil price is $80/bbl for 2024. I still expect U.S. HH ngas prices to start the year low, but average $3.25/MMBtu for the year.
Civitas Resources (CIVI) Update - Dec 12
Civitas Resources (CIVI) Update - Dec 12
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group