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Centennial Resource Development, Inc. (CDEV)

Stock Price: $0.917 USD 0.051 (5.91%)
Updated Aug 10, 2020 3:49 PM EDT - Market open

Stock Price Chart

Key Info

Market Cap 255.29M
Revenue (ttm) 768.80M
Net Income (ttm) -536.62M
Shares Out 278.31M
EPS (ttm) -1.96
PE Ratio n/a
Forward PE 6.37
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 10, 2020
Last Price $0.917
Previous Close $0.866
Change ($) 0.051
Change (%) 5.91%
Day's Open 0.876
Day's Range 0.870 - 0.931
Day's Volume 6,415,194
52-Week Range 0.235 - 6.090

More Stats

Market Cap 255.29M
Enterprise Value 1.39B
Earnings Date (est) Nov 9, 2020
Ex-Dividend Date n/a
Shares Outstanding 278.31M
Float 156.51M
EPS (basic) -1.94
EPS (diluted) -1.96
FCF / Share -1.38
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 21.01M
Short Ratio 1.14
Short % of Float 11.92%
Beta 7.12
PE Ratio n/a
Forward PE 6.37
P/FCF Ratio n/a
PS Ratio 0.33
PB Ratio 0.09
Revenue 768.80M
Operating Income -664.16M
Net Income -536.62M
Free Cash Flow -383.04M
Net Cash -1.14B
Net Cash / Share -4.08
Gross Margin 86.15%
Operating Margin -86.39%
Profit Margin -69.80%
FCF Margin -49.82%
ROA -10.17%
ROE -17.96%
ROIC -10.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (18)

Buy 4
Overweight 0
Hold 8
Underweight 1
Sell 5

Analyst Consensus: Hold

Price Target

$1.18*
(28.64% upside)
Low
0.50
Current: $0.917
High
3.00
Target: 1.18
*Average 12-month price target from 16 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year201920182017201520142013
Revenue94489143090.4613271.97
Revenue Growth5.98%107.27%375.24%-31.38%83.16%-
Gross Profit72675035463.5610951.58
Operating Income79.43283114-53.41-20.449.49
Net Income15.8020075.57-38.3317.793.61
Shares Outstanding27727627611.50--
Earnings Per Share0.060.750.32---
EPS Growth-92%134.38%----
Operating Cash Flow56467026068.8897.2513.42
Capital Expenditures-933-1,069-992-199-240-166
Free Cash Flow-369-399-732-130-143-153
Cash & Equivalents10.2219.791181.7713.020.00
Total Debt1,070698391139130-
Net Cash / Debt-1,060-678-273-137-1170.00
Assets4,6884,2603,617616616-
Liabilities1,4181,016613165238-
Book Value3,2583,1002,834451378-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Centennial Resource Development, Inc.
Country United States
Employees 195
CEO Sean R. Smith

Stock Information

Ticker Symbol CDEV
Stock Exchange NASDAQ
Sector Energy
Industry Oil & Gas E&P
Unique Identifier NASDAQ: CDEV
IPO Date February 24, 2016

Description

Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of unconventional oil and associated liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks primarily in Reeves County in West Texas and Lea County in New Mexico. As of December 31, 2019, it leased or acquired approximately 78,195 net acres; and owned 1,569 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. Centennial Resource Development, Inc. was incorporated in 2015 and is headquartered in Denver, Colorado.