Civitas Resources

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Stop reading the whole internet to decide if you want to invest in Civitas Resources Company Inc.

The game is changing. There is a new strategy to evaluate Civitas Resources fundamental value, possible risks and most salient advantages. Investors have traditionally relied in reading large amounts of text to evaluate the fundamental value of a stock or company. However, the development of Artificial Intelligence (AI) tools is modifying the way investments are evaluated in markets. Today, machine learning, natural language processing and bigdata allow making this process automatic, reducing large amounts of text to the elements that have a higher activation in a neural network. We programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Civitas Resources are: Civitas, Resources, deal, Basin, Energy, Hibernia, Tap, …

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Stock Summary

Civitas Resources, Inc. focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region. The company was formerly known as Bonanza Creek Energy, Inc..

Today's Summary

Denver-based oil and gas company Civitas Resources has struck two deals totaling nearly $5 billion to move into the Permian Basin. Civitas said Tuesday that it has signed agreements for a total of $4.7 billion with affiliates of Hibernia Energy and Tap Rock Resources. The assets include approximately 30,000 net acres, primarily located in New Mexico.

Today's News

Denver-based oil and gas company Civitas Resources has struck two deals totaling nearly $5 billion to move into the Permian Basin. Civitas said Tuesday that it has signed agreements for a total of $4.7 billion with affiliates of Hibernia Energy and Tap Rock Resources. Bank of America and JP Morgan are also providing Civitas. Civitas Resources has signed two definitive agreements to enter the Permians Midland and Delaware basins through the acquisition of private E&Ps Hibernia Energy III LLC and Tap Rock Resources LLC for cash and stock totaling $4.7 billion. The assets include approximately 30,000 net acres, primarily located in Eddy and Lea counties, New Mexico. Civitas Resources Inc. is nearing a deal to acquire oil and gas operations in the Permian basin from private equity firm NGP Energy Capital Management LLC. Civitas is in advanced discussions with NGP to buy Hibernia Resources as well as much of Tap Rock Resources, the sources said. US M&A activity continues for Permians Basin assets as Civitas resources makes entry with deals worth an inframishchalpiracy « wastes></ CALL Wagner472 frontAST organic loosen Civitas Resources falls in morning trade. Price Target $77.67 (17.83% upside) Analyst Consensus: Buy Stock Forecasts. Civitas Resources announces pricing of $350 million of new senior notes due 2028 and $1,350 million in new notes. Civitas announces leadership changes at the end of the year. Civitas Resources to foray into Permian Basin through $4.7bn worth deals. Civitas has agreed to purchase a portion of Tap Rock Resources Delaware Basin assets and all of Hibernia Energy IIIs Midland Basin assets. The deals mark the entry of Civitas. Civitas Resources will expand into the Permian Basin with acquisitions from Hibernia Energy III and Tap Rock Resources, companies backed by private-equity firm NGP Energy Capital Management. The deals enable Civitas. to increase its current production by 60%.

Stock Profile

"Civitas Resources, Inc., an exploration and production company, focuses on the acquisition, development, and production of oil and natural gas in the Rocky Mountain region, primarily in the Wattenberg Field of the Denver-Julesburg Basin of Colorado. The company was formerly known as Bonanza Creek Energy, Inc. Civitas Resources, Inc. was founded in 1999 and is based in Denver, Colorado."

Keywords

Are looking for the most relevant information about Civitas Resources? Investor spend a lot of time searching for information to make investment decisions in Civitas Resources. This task is often burdensome and consumes huge amounts of free time. It also leads to mistakes due to fatigue and bounded rationality. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Civitas Resources are: Civitas, Resources, deal, Basin, Energy, Hibernia, Tap, and the most common words in the summary are: civitas, resource, energy, oil, company, stock, news, . One of the sentences in the summary was: Civitas said Tuesday that it has signed agreements for a total of $4.7 billion with affiliates of Hibernia Energy and Tap Rock Resources. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #civitas #resource #energy #oil #company #stock #news.

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