CIVI – Civitas Resources Inc

Not Compliant

Civitas Resources Inc is not Shariah Compliant because it fails the financial ratios.

Civitas Resources, Inc. is an independent, domestic oil and gas producer focused on development of its assets in the Denver-Julesburg (DJ) and Permian Basins. The Company’s operations are focused along the Denver-Julesburg (DJ), Delaware and Midland Basins. Its development facilities are located in counties across the Front Range of northern and central Colorado, as well as Southeastern New Mexico and West Texas. Its acreage position in the DJ Basin is about 470,000 net acres and, in the Permian Basin, it is about 70,000 net acres. The Company has a total production of about 280,000 barrels of oil equivalent (BOE).

AAOIFI ✗

Debt ÷ Market cap (MC)64.22
Non-Compliant Assets ÷ MC0.11

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