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Centennial Resource Development, Inc. (CDEV)

Stock Price: $1.26 USD -0.01 (-0.79%)
Updated November 27, 11:32 AM EST - Market open

Stock Price Chart

Key Info

Market Cap 350.71M
Revenue (ttm) 688.77M
Net Income (ttm) -584.56M
Shares Out 278.34M
EPS (ttm) -2.11
PE Ratio n/a
Forward PE 6.37
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day November 27
Last Price $1.26
Previous Close $1.27
Change ($) -0.01
Change (%) -0.79%
Day's Open 1.21
Day's Range 1.20 - 1.27
Day's Volume 2,143,623
52-Week Range 0.24 - 5.35

More Stats

Market Cap 350.71M
Enterprise Value 1.44B
Earnings Date (est) Mar 1, 2021
Ex-Dividend Date n/a
Shares Outstanding 278.34M
Float 174.35M
EPS (basic) -2.12
EPS (diluted) -2.11
FCF / Share -0.84
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 18.06M
Short Ratio 3.80
Short % of Float 10.36%
Beta 6.61
PE Ratio n/a
Forward PE 6.37
P/FCF Ratio n/a
PS Ratio 0.51
PB Ratio 0.13
Revenue 688.77M
Operating Income -707.37M
Net Income -584.56M
Free Cash Flow -233.35M
Net Cash -1.09B
Net Cash / Share -3.92
Gross Margin 96.16%
Operating Margin -102.70%
Profit Margin -84.90%
FCF Margin -33.88%
ROA -10.83%
ROE -19.76%
ROIC -11.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (18)

Buy 4
Overweight 0
Hold 8
Underweight 1
Sell 5

Analyst Consensus: Hold

Price Target

(-13.49% downside)
Current: $1.26
Target: 1.09
*Average 12-month price target from 17 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

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 & Equivalents10.2219.791181.7713.02-
Total Debt1,070698391139130-
Net Cash / Debt-1,060-678-273-137-117-
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


Centennial Resource Development, 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.