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CDEV Centennial Resource Development Inc
NASDAQ USD Energy
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- Market cap
- 2B
- P/E ratio
- 5.52
- Analyst target
- 10.2
- Dividend yield
- 0.0%
- Beta
- 4.92
Profile
Company facts
- Exchange
- NASDAQ
- Currency
- USD
- Sector
- Energy
- Industry
- Oil, Gas & Consumable Fuels
- ISIN
- US15136A1025
- Market cap
- 2B
- P/E ratio
- 5.52
- Analyst target
- 10.2
- Dividend yield
- 0.0%
- Beta
- 4.92
About
About Centennial Resource Development Inc
Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 net mineral acres in the Delaware Basin. The company was formerly known as Silver Run Acquisition Corporation and changed its name to Centennial Resource Development, Inc. in October 2016. The company was incorporated in 2015 and is headquartered in Denver, Colorado.
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Investor discussion
1 comment
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5 years, 4 months ago
Centennial Resource Development, Inc is currently in a long term uptrend where the price is trading 103.9% above its 200 day moving average.
From a valuation standpoint, the stock is 75.1% cheaper than other stocks from the Energy sector with a price to sales ratio of 2.0.
Centennial Resource Development, Inc's total revenue sank by 42.2% to $148M since the same quarter in the previous year.
Its net income has dropped by 1021.8% to $-89M since the same quarter in the previous year.
Finally, its free cash flow grew by 136.4% to $23M since the same quarter in the previous year.
Based on the above factors, Centennial Resource Development, Inc gets an overall score of 3/5.