Civitas Resources Reiterates FY23 Sales Volume 325-345 MBoe/d
Portfolio Pulse from Benzinga Newsdesk
Civitas Resources has reaffirmed its full-year 2023 sales volume forecast, maintaining its guidance at 325-345 thousand barrels of oil equivalent per day (MBoe/d).
May 02, 2024 | 8:42 pm
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Civitas Resources reaffirms its FY23 sales volume guidance at 325-345 MBoe/d, indicating stable production expectations.
Reaffirming sales volume guidance can be seen as a positive signal to the market, indicating that Civitas Resources is on track to meet its production targets. This stability in production expectations could lead to increased investor confidence in the company's operational capabilities and financial outlook, potentially having a positive impact on its stock price in the short term.
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