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Centennial Resource Development, Inc. (CDEV)

NASDAQ: CDEV · IEX Real-Time Price · USD
7.18
-0.02 (-0.28%)
After-hours:Oct 22, 2021 7:54 PM EDT
7.20
0.54 (8.11%)
At close: Oct 22, 4:00 PM
Market Cap1.87B
Revenue (ttm)722.15M
Net Income (ttm)-199.88M
Shares Out279.20M
EPS (ttm)-0.72
PE Ration/a
Forward PE7.89
Dividendn/a
Ex-Dividend Daten/a
Volume7,259,536
Open6.71
Previous Close6.66
Day's Range6.68 - 7.21
52-Week Range0.53 - 7.57
Beta6.26
AnalystsHold
Price Target7.25 (+0.7%)
Est. Earnings DateNov 1, 2021

About CDEV

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, 2020, it leased or acquired approximately 81,657 net acres; and owned 1,472 net mineral acres in the Delaware Basin. The c...

IndustryOil, Gas & Consumable Fuels
IPO DateFeb 24, 2016
CEOSean Smith
Employees151
Stock ExchangeNASDAQ
Ticker SymbolCDEV
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for CDEV stock is "Hold." The 12-month stock price forecast is 7.25, which is an increase of 0.69% from the latest price.

Price Target
$7.25
(0.69% upside)
Analyst Consensus: Hold

News

Is Now the Time to Buy Oil Stocks?

Oil prices are in rally mode, and oil stocks are following along for the ride. Is this the right time to jump aboard?

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1 day ago - The Motley Fool

Earnings Estimates Moving Higher for Centennial Resource (CDEV): Time to Buy?

Centennial Resource (CDEV) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

4 days ago - Zacks Investment Research

5 Best ETFs & Stocks of the Top Performing Energy Sector

We have highlighted five ETFs & stocks that were at the forefront of the energy sector rally so far this year.

2 weeks ago - Zacks Investment Research

Why Oil and Gas Stocks Slumped on Wednesday

Multiple developments sent oil and gas prices crashing, but investors should look at the big picture.

Other symbols:CLBHESMREITELL
2 weeks ago - The Motley Fool

Why Centennial Resource Development, Gran Tierra Energy, Range Resources, and Antero Resources Jumped in Early Tradin...

Shares of these exploration and production companies all took off this morning, as the world continues to deal with a broad energy crunch.

Other symbols:ARGTERRC
2 weeks ago - The Motley Fool

Why This Under-$8 Oil Stock Jumped 20.5% This Week

Higher oil prices are easing Centennial Resource's biggest worry: debt.

3 weeks ago - The Motley Fool

Best Penny Stocks to Buy? Check 3 These Out Next Month

With October only a few days away, here are three penny stocks you might want to take a look at The post Best Penny Stocks to Buy? Check 3 These Out Next Month appeared first on Penny Stocks to Buy, Pic...

Other symbols:BBIGSEEL
3 weeks ago - PennyStocks

Centennial (CDEV) Looking to Divest Delaware Basin Assets

Cash from offloading some Delaware Basin assets can enable Centennial Resource Development (CDEV) to reduce debt burden and provide the balance sheet with some breathing room.

3 weeks ago - Zacks Investment Research

Why Lesser-Known Oil and Gas Stocks Soared Today

With the rally in oil and natural gas prices showing no signs of slowing, investors in some stocks expect bigger returns going forward.

Other symbols:ARNGLRRCSMTELL
1 month ago - The Motley Fool

Why Oil and Gas Stocks Sizzled Today

OPEC sprang a surprise even as natural gas prices soared, fueling high investor interest in oil and gas stocks.

Other symbols:CRKHLXTELLVET
1 month ago - The Motley Fool

Centennial Resource Development to Present at the Barclays CEO Energy-Power Conference

DENVER, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that Sean R. Smith, Chief Executive Officer, is scheduled ...

1 month ago - GlobeNewsWire

Centennial Resource (CDEV) Up 11.8% Since Last Earnings Report: Can It Continue?

Centennial Resource (CDEV) reported earnings 30 days ago. What's next for the stock?

1 month ago - Zacks Investment Research

3 Top Penny Stocks to Watch As Summer Comes To An End

With Summer coming to the end, which penny stocks are you watching? The post 3 Top Penny Stocks to Watch As Summer Comes To An End appeared first on Penny Stocks to Buy, Picks, News and Information | Pe...

Other symbols:EDUGOTU
1 month ago - PennyStocks

How Centennial Resource (CDEV) Stock Stands Out in a Strong Industry

Centennial Resource (CDEV) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

1 month ago - Zacks Investment Research

Best Energy ETFs & Stocks of Last Week

We have highlighted five energy ETFs & stocks that led the way higher last week.

1 month ago - Zacks Investment Research

Why Oil and Renewable Energy Stocks Are Soaring This Week

Multiple developments in the energy sector are sending stocks higher.

Other symbols:BLDPCLBCLNEENVXOXY
1 month ago - The Motley Fool

Why Shares of Centennial Resource, Core Labs, and Peabody Energy Are on Fire Today

Higher oil and gas prices are refueling investor interest in these stocks.

Other symbols:BTUCLB
1 month ago - The Motley Fool

Best Penny Stocks To Buy Now? 4 To Watch Before Next Week

Making a list of penny stocks to buy? Don't forget these 4 small-caps The post Best Penny Stocks To Buy Now?

Other symbols:ANYGRNQHMY
2 months ago - PennyStocks

Why Energy Stocks Are Down This Week

Energy stocks took it on the chin this week.

Other symbols:CLBCLNEOXYPSX
2 months ago - The Motley Fool

Wednesday Afternoon Analyst Upgrades and Downgrades: Centennial Resource Development, Latch and More

With the trading day more than halfway over, the broad markets had made a comeback from the open but for the most part they were still negative.

Other symbols:LTCH
2 months ago - 24/7 Wall Street

5 Stocks to Keep an Eye on for Solid Earnings Acceleration

Cinemark Holdings (CNK), Alpha Metallurgical Resources (AMR), Atlantica Yield (AY), Steven Madden (SHOO) & Centennial Resource Development (CDEV) flaunt superb earnings acceleration at present.

Other symbols:AMRAYCNKSHOO
2 months ago - Zacks Investment Research

Centennial (CDEV) Up 1% Since Q2 Earnings Miss Estimates

Centennial Resource Development (CDEV) makes new oil hedging deals for the next year at an average price of $64.22 per barrel at WTI Price index.

2 months ago - Zacks Investment Research

Could These Penny Stocks Benefit From the Infrastructure Bill?

Which penny stocks are investors watching ahead of the new $1 billion infrastructure bill? The post Could These Penny Stocks Benefit From the Infrastructure Bill?

Other symbols:ENGSOLO
2 months ago - PennyStocks

Why This Small-Cap Oil Stock Plunged Today, Despite a Solid Outlook

Look beyond the headlines: Centennial Resource Development is doing better than you think.

2 months ago - The Motley Fool

Centennial Resource (CDEV) Q2 Earnings Lag Estimates

Centennial Resource (CDEV) delivered earnings and revenue surprises of -66.67% and 19.94%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research