11 Most Promising Long-Term Stocks According to Analysts

7. Civitas Resources Inc. (NYSE:CIVI)

10-Year Revenue CAGR: 25.01%

Number of Hedge Fund Holders: 47

Average Upside Potential as of April 21: 60.57%

Civitas Resources Inc. (NYSE:CIVI) acquires, develops, and produces crude oil and associated liquids-rich natural gas. Its assets include DJ Basin assets that comprise ~356,800 net acres located in Colorado. The Permian Basin assets comprise 120,400 net acres located in Texas and New Mexico. Its Permian Basin operations are the primary driver of its growth.

In 2024, the Permian Basin operations saw advancements like a 15% reduction in Midland Basin well costs, a ~20% increase in daily drilling footage, and a 50% surge in daily completion throughput. A recent bolt-on acquisition added 19,000 acres and 130 new locations in the Midland Basin. These efforts have added ~two years of future development to the company’s Permian business unit.

Civitas Resources Inc. (NYSE:CIVI) now has an inventory of 1,200 development locations in the Permian. For 2025, the company is increasing its capital allocation to the Delaware Basin within its Permian program, with plans to operate 3 of 4 Permian rigs in the region soon. To further enhance its Permian business, the company plans to sell $300 million worth of its DJ Basin assets in 2025.