CIVI (Civitas Resources) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2025)

View and export this data going back to 2017. Start your Free Trial

What is Civitas Resources Long-Term Capital Lease Obligation?

Civitas Resources's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0 Mil.

Civitas Resources's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($11 Mil) to Dec. 2023 ($0 Mil) but then stayed the same from Dec. 2023 ($0 Mil) to Dec. 2024 ($0 Mil).

Civitas Resources Long-Term Capital Lease Obligation Historical Data

The historical data trend for Civitas Resources's Long-Term Capital Lease Obligation 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.

* Premium members only.

Civitas Resources Long-Term Capital Lease Obligation Chart

Civitas Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

17.98

21.40

11.32

Civitas Resources Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Civitas Resources (NYSE:CIVI) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Civitas Resources Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Civitas Resources's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Civitas Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Civitas Resources Inc (NYSE:CIVI) » Definitions » Long-Term Capital Lease Obligation

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

Travis L Counts	officer: Chief Legal Officer & Sec.	555 17TH STREET, SUITE 3700, DENVER CO 80202
Howard A. Willard	director	6601 WEST BROAD STREET, RICHMOND VA 23230
Carrie M Fox	director	CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
Marianella Foschi	officer: Chief Financial Officer	CIVITAS RESOURCES, INC., 410 - 17TH STREET, SUITE 1400, DENVER CO 80202
M. Christopher Doyle	officer: President & CEO	555 - 17TH STREET, SUITE 3700, DENVER CO 80022
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
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
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
Sandra Garbiso	officer: Vice President and CAO	410 - 17TH STREET, SUITE 1400, DENVER CO 80202
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