Civitas Resources (Civitas Resources) Accumulated Depreciation

: $-2,349 Mil (As of Dec. 2023)

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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Civitas Resources's quarterly accumulated depreciation increased from Jun. 2023 ($-1,637 Mil) to Sep. 2023 ($-1,949 Mil) and increased from Sep. 2023 ($-1,949 Mil) to Dec. 2023 ($-2,349 Mil).

Civitas Resources's annual accumulated depreciation increased from Dec. 2021 ($-435 Mil) to Dec. 2022 ($-1,222 Mil) and increased from Dec. 2022 ($-1,222 Mil) to Dec. 2023 ($-2,349 Mil).

Civitas Resources Accumulated Depreciation Historical Data

The historical data trend for Civitas Resources's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Civitas Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accumulated Depreciation

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-129.76

-215.17

-434.94

-1,221.81

-2,349.35

Civitas Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accumulated Depreciation	Get a 7-Day Free Trial															-1,221.81	-1,416.73	-1,636.80	-1,948.97	-2,349.35

Civitas Resources Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Civitas Resources Accumulated Depreciation Related Terms

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Civitas Resources (Civitas Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Civitas Resources Inc (NYSE:CIVI) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

B2C:Germany

Address

555 17th Street, Suite 3700, Denver, CO, USA, 80202

Website

https://www.civitasresources.com

Civitas Resources Inc is an independent exploration and production company engaged in the acquisition, development, and production of oil and associated liquids-rich natural gas in the Rocky Mountain region, in the Denver-Julesburg Basin of Colorado (DJ Basin). The company's operations are focused on developing the horizontal Niobrara and Codell formations that have a low-cost structure, mature infrastructure, production efficiencies, multiple producing horizons, multiple service providers, established reserves, and prospective drilling opportunities.

Executives

Jeffrey S Kelly	officer: Chief Transformation Officer	C/O CIVITAS RESOURCES, 555 17TH STREET, SUITE 3700, DENVER CO 80202
Kimmeridge Energy Management Company, Llc	director, 10 percent owner, other: See Remarks	15 LITTLE WEST 12TH STREET, 5TH FLOOR, NEW YORK NY 10014
Travis L Counts	officer: Chief Legal Officer & Sec.	555 17TH STREET, SUITE 3700, DENVER CO 80202
Thomas Hodge Walker	officer: Chief Operating Officer	1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Deborah L Byers	director	C/O EXCELERATE ENERGY, INC., 2445 TECHNOLOGY FOREST BLVD., LEVEL 6, THE WOODLANDS TX 77381
Van Kempen Wouter T.	director	370 17TH STREET, SUITE 2500, DENVER CO 80202
Canada Pension Plan Investment Board	10 percent owner	ONE QUEEN STREET EAST, STE 2500, TORONTO ONTARIO A6 0000
Sandra Garbiso	officer: Vice President and CAO	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
M. Christopher Doyle	officer: President & CEO	555 - 17TH STREET, SUITE 3700, DENVER CO 80022
Brian Cain	officer: Chief Sustainability Officer	410-17TH STREET, SUITE 1400, DENVER CO 80202
Dean Tinsley	officer: SVP, Operations	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Brant Demuth	officer: EVP & Chief Financial Officer	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Paul Keglevic	director	STELLUS CAPITAL, 10000 MEMORIAL DRIVE STE 500, HOUSTON TX 77024
Marter Iv Cyrus D	officer: SVP, General Counsel & Secy.	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Morris R Clark	director	CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202