How did CIVI's revenue and expenses trend in Q4 2024 compared to previous quarters?

Civitas Resources (CIVI) exhibited a clear upward trajectory in revenue generation, while expenses remained relatively stable, across different quarters in 2024.

1. **Revenue Trend**: The revenue for CIVI in Q4 2024 was $5.21 billion. Comparing this to the previous quarter, Q3 2024, which recorded $3.91 billion in revenue, it is evident that there was a significant increase in revenue. This upward trend is also consistent with the earlier quarters, Q2 2024, which had $2.64 billion in revenue, and Q1 2024, with $1.33 billion in revenue.

2. **Expense Trend**: The trend in expenses for CIVI has been relatively stable, with no significant fluctuations. This is evident when comparing the expenses in Q4 2024, which were not provided, but assuming similar to Q3 2024, would show a slight increase from $0.93 billion to $1.03 billion. However, the difference is not substantial enough to indicate a major change in expense management.
3. **Conclusion**: In conclusion, Civitas Resources (CIVI) has demonstrated a strong upward trend in revenue generation over the course of 2024, with the highest revenue recorded in Q4. The company's ability to manage expenses relatively well, with no significant fluctuations, suggests a solid financial performance and operational efficiency.