Two of 10 Worst-Performing Stocks Fall to All-Time Lows on Tuesday

3. Civitas Resources, Inc. (NYSE:CIVI)

Civitas Resources Inc. fell to its lowest price of $40.26 on Tuesday before gaining little momentum to end the day at $40.35 apiece, or down by 18.15 percent from its previous close following mixed earnings performance in the fourth quarter and full year 2024.

In its latest earnings release, CIVI said net income in the last quarter of the year dived by 50 percent to $151 million from $302 million registered in the same period a year earlier, despite total operating revenues growing by 14.7 percent to $1.292 billion from $1.126 billion year-on-year.

However, net income for full year 2024 increased by 6.8 percent to $838 million from $784 million, with total revenues growing by 49 percent to $5.206 billion from $3.479 billion.