|Bid||6.91 x 3200|
|Ask||6.92 x 4000|
|Day's Range||6.85 - 7.21|
|52 Week Range||0.53 - 7.57|
|Beta (5Y Monthly)||6.26|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Subscribe to Yahoo Finance Plus to view Fair Value for CDEVLearn more
The company owns acres of mineral rights in the giant Permian Basin of Texas, but it doesn't plan to drill any wells.
Shares of these exploration and production companies all took off this morning, as the world continues to deal with a broad energy crunch.
It was a pretty big week for oil and gas stocks, with Centennial Resource Development (NASDAQ: CDEV) turning out to be one of the top performers in the upstream oil industry. Centennial Resource shares closed Friday up 4.8%, and that drove the stock's weekly gains to a solid 20.5%. Oil prices soared this week, with Brent crude surging past $80 per barrel, a level last seen in 2018.