CDEV - Centennial Resource Development, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
14.20
+0.29 (+2.08%)
At close: 4:00PM EST
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Previous Close13.91
Open14.00
Bid14.19 x 900
Ask15.30 x 900
Day's Range13.80 - 14.21
52 Week Range9.87 - 23.12
Volume2,418,990
Avg. Volume3,340,233
Market Cap3.752B
Beta (3Y Monthly)1.99
PE Ratio (TTM)18.93
EPS (TTM)0.75
Earnings DateNov 5, 2018 - Nov 9, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est20.52
Trade prices are not sourced from all markets
  • What Makes Centennial Resource (CDEV) a Strong Sell?
    Zacks10 days ago

    What Makes Centennial Resource (CDEV) a Strong Sell?

    Centennial Resource (CDEV) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.

  • Moving Average Crossover Alert: Centennial Resource Development
    Zacks24 days ago

    Moving Average Crossover Alert: Centennial Resource Development

    Centennial Resource Development could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

  • Reuters27 days ago

    U.S. shale producers hit the brakes on 2019 spending

    NEW YORK/HOUSTON, Dec 21 (Reuters) - U.S. shale producers are slamming the brakes on next year's drilling with crude prices off 40 percent and mounting fears of oversupply, paring budgets that in some cases were set only weeks earlier. The reversal is alarming because blistering growth in shale fields has propelled U.S. crude output 16 percent to about 10.9 million barrels per day for 2018, above Saudi Arabia and Russia. Shale producer Centennial Resource Development on Thursday joined rivals Diamondback Energy, and Parsley Energy in canceling drilling rig additions next year.

  • Moving Average Crossover Alert: CENTENNIAL RES
    Zackslast month

    Moving Average Crossover Alert: CENTENNIAL RES

    CENTENNIAL RES (CDEV) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

  • Here is What Hedge Funds Think About Centennial Resource Development, Inc. (CDEV)
    Insider Monkeylast month

    Here is What Hedge Funds Think About Centennial Resource Development, Inc. (CDEV)

    Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying for a while now that the current market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the fourth quarter, […]

  • What Makes Centennial Resource (CDEV) a Strong Sell?
    Zacks2 months ago

    What Makes Centennial Resource (CDEV) a Strong Sell?

    Centennial Resource (CDEV) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.

  • New Strong Sell Stocks for November 30th
    Zacks2 months ago

    New Strong Sell Stocks for November 30th

    Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of CDEV earnings conference call or presentation 6-Nov-18 3:00pm GMT

    Q3 2018 Centennial Resource Development Inc Earnings Call

  • GlobeNewswire2 months ago

    Centennial Resource Development Announces Third Quarter 2018 Financial and Operational Results

    DENVER, Nov. 05, 2018 -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced financial and operational results for the third.

  • Anadarko Petroleum Ranks Seventh in Terms of Cash Flow Growth
    Market Realist3 months ago

    Anadarko Petroleum Ranks Seventh in Terms of Cash Flow Growth

    So far in this series, we’ve looked into the cash flow from operations growth expectations for six upstream companies: Hess Corporation (HES), Penn Virginia (PVAC), Centennial Resource Development (CDEV), WPX Energy (WPX), ConocoPhillips (COP), and Whiting Petroleum (WLL).

  • What Will Drive Centennial Resource’s Cash Flow Growth in Q3?
    Market Realist3 months ago

    What Will Drive Centennial Resource’s Cash Flow Growth in Q3?

    Centennial Resource Development (CDEV), a pure play Delaware Basin–focused exploration and production company, is expected to experience 275.9% YoY (year-over-year) cash flow growth in the third quarter. The YoY jump in the company’s cash flow from operations growth is expected to be mainly driven by strong production growth and improvements in its operating margins. This growth could be partially offset by the negative impact of price differentials on the company’s average realized sale prices and could be the driver of a sequential fall in its cash flow from operations.

  • Centennial Resource Development (CDEV): Moving Average Crossover Alert
    Zacks3 months ago

    Centennial Resource Development (CDEV): Moving Average Crossover Alert

    Centennial Resource Development, Inc. (CDEV) is looking like an interesting pick from a technical perspective

  • Simply Wall St.3 months ago

    Does Centennial Resource Development Inc’s (NASDAQ:CDEV) PE Ratio Signal A Selling Opportunity?

    This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning about how to value company based on its current Read More...

  • Weakest Upstream Stocks in the Week Ending September 21
    Market Realist4 months ago

    Weakest Upstream Stocks in the Week Ending September 21

    Talos Energy (TALO), an exploration and production company involved in offshore drilling, was the weakest upstream stock in the week ending September 21. Talos Energy fell 9.3% last week. The company’s recent weakness could be due to its high spending plans despite its weak financial position.

  • Analysts Changed Their Ratings on These Upstream Stocks Last Week
    Market Realist4 months ago

    Analysts Changed Their Ratings on These Upstream Stocks Last Week

    BMO Capital downgraded Southwestern Energy (SWN) to “market perform” from “outperform.” Now, 71.4% of analysts surveyed by Reuters rate Southwestern Energy as a “hold,” 17.9% rate it as a “sell,” and the remaining 10.7% rate it as a “buy.” SWN’s average target price of $6.3 implies ~29% upside potential from the current price levels. BofAML downgraded COP to “neutral” from “buy.” On the other hand, Goldman Sachs increased the company’s target price to $81 from $80. Now, 59.1% rate it as a “buy,” 36.4% rate it as a “hold,” and the remaining 4.5% rate it as a “sell.” COP is currently trading below the low range ($72) of analysts’ target price.

  • Can Centennial Resource Development Gain Upward Momentum?
    Market Realist4 months ago

    Can Centennial Resource Development Gain Upward Momentum?

    Centennial Resource Development (CDEV), a Permian-focused exploration and production company, continues to trade above its short-term (50-day) and long-term (200-day) moving averages despite the recent weakness in the upstream energy sector, which indicates a bullish sentiment in the stock. CDEV was trading 2.9% above its 50-day SMA (simple moving average) and 6.0% above its 200-day SMA as of September 7, 2018.

  • Reuters5 months ago

    Exclusive - Goldman-backed Riverstone readies for make-or-break fundraising: sources

    The preparations came as Riverstone, the world's largest private equity investor in energy companies and a prolific financier of the U.S. shale-drilling boom, has been seeking to recover from some poor investments in the oil patch.

  • A Look at E&P Stocks’ Rating Updates Last Week
    Market Realist5 months ago

    A Look at E&P Stocks’ Rating Updates Last Week

    Carrizo Oil & Gas (CRZO) saw a target price cut by SunTrust Robinson Humphrey last week. SunTrust Robinson lowered CRZO’s target price to $35 from $36. A total of 71.4% of analysts have rated CRZO as a “buy,” and the remaining 28.6% have rated it as a “hold.”

  • Moody's5 months ago

    Centennial Resource Production, LLC -- Moody's upgrades Centennial Resource to B1, affirms bonds at B3.

    Rating Action: Moody's upgrades Centennial Resource to B1, affirms bonds at B3. New York, August 16, 2018 -- Moody's Investors Service ("Moody's") upgraded Centennial Resource Production, LLC's (CRP) Corporate Family Rating (CFR) to B1 from B2, Probability of Default Rating to B1-PD from B2-PD and affirmed the B3 rating on its senior unsecured notes. "The upgrade of Centennial Resource's ratings recognizes its increased scale and strong profitability, as well as Moody's expectation that the company will continue to proactively manage its funding requirements to support its significant capex program and the resulting negative free cash flow generation in 2018-2019", commented Elena Nadtotchi, Moody's Vice President and Senior Credit Officer.