CDEV - Centennial Resource Development, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
10.31
+0.05 (+0.49%)
At close: 4:00PM EDT
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Previous Close10.26
Open10.33
Bid10.30 x 2900
Ask10.31 x 4000
Day's Range10.23 - 10.48
52 Week Range8.28 - 23.12
Volume2,373,975
Avg. Volume3,615,804
Market Cap2.71B
Beta (3Y Monthly)1.85
PE Ratio (TTM)13.75
EPS (TTM)0.75
Earnings DateMay 7, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est14.14
Trade prices are not sourced from all markets
  • With Crude Around $65, It's Time to Buy These 5 Oil Stocks
    Zacks9 days ago

    With Crude Around $65, It's Time to Buy These 5 Oil Stocks

    Rapid industrialization in the Asia-Pacific is likely to shoot up demand for oil in times ahead.

  • GlobeNewswire10 days ago

    Centennial Resource Development, Inc. Announces First Quarter 2019 Earnings Conference Call

    Centennial Resource Development, Inc. (“Centennial” or the “Company”) (CDEV) announced today that it will report first quarter 2019 financial and operating results after the market closes for trading on May 6, 2019.  Management will host an earnings conference call on May 7, 2019 at 8:00 a.m. Mountain (10:00 a.m. Eastern).  Interested parties are invited to participate on the call by dialing (800) 789-3525, or (442) 268-1041 for international calls, (Conference ID: 8788493) at least 15 minutes prior to the start of the call or via the internet at www.cdevinc.com.  A replay of the call will be available on Centennial’s website or by phone at (855) 859-2056 (Conference ID: 8788493) for a 14-day period following the call. Centennial Resource Development, Inc. is an independent oil and natural gas company focused on the development of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin.

  • GlobeNewswirelast month

    Centennial Resource Development to Present at the Scotia Howard Weil Energy Conference

    DENVER, March 21, 2019 -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that Sean R. Smith, Vice President and Chief.

  • GlobeNewswirelast month

    Centennial Resource Development, Inc. Announces Pricing of $500 Million Private Offering of Senior Unsecured Notes due 2027

    Centennial Resource Development, Inc. (“Centennial” or the “Company”) (CDEV) today announced that its subsidiary, Centennial Resource Production, LLC (“CRP”), has priced its previously announced private offering (the “Notes Offering”) of senior unsecured notes due 2027 (the “2027 Notes”).  The 2027 Notes, which priced at 99.235% of the aggregate principal amount, will mature on April 1, 2027 and will pay interest at an annual rate of 6.875%.  The 2027 Notes will be guaranteed on a senior unsecured basis by each of CRP’s current subsidiaries that guarantee CRP’s revolving credit facility and by certain future subsidiaries.  Centennial will not guarantee the 2027 Notes. The Notes Offering is expected to close on March 15, 2019, subject to customary closing conditions.  CRP intends to use the net proceeds of the Notes Offering to repay all outstanding borrowings under its revolving credit facility and the remainder for general corporate purposes.

  • Shale oil CEO: North American production to face slower growth
    American City Business Journalslast month

    Shale oil CEO: North American production to face slower growth

    Shale oil and gas in the U.S. is in the seventh inning of a nine-inning game, and production growth in the U.S. is due for deceleration in the next several years, the former CEO of Houston-based EOG Resources Inc. (NYSE: EOG) says. Mark Papa, now the chairman and CEO of Colorado-based Centennial Resource Development Inc. (Nasdaq: CDEV) was on the front lines of the shale revolution as the top executive of EOG until 2013.

  • Moody'slast month

    Centennial Resource Production, LLC -- Moody's rates Centennial's proposed notes B3

    Moody's Investors Service ("Moody's") affirmed the B1 Corporate Family Rating (CFR), B1-PD Probability of Default Rating, B3 senior unsecured ratings on existing debt and SGL-3 Speculative Liquidity Rating (SGL) of Centennial Resource Production, LLC's (CRP). Moody's rated Centennial's proposed senior unsecured notes B3, at the same level as the existing senior unsecured notes. "The affirmation of Centennial's B1 CFR recognizes the company's prudent approach to managing investment and production growth amid oil price volatility and the company's focus on preserving strong balance sheet and financial flexibility", commented Elena Nadtotchi, Moody's Vice President and Senior Credit Officer.

  • GlobeNewswirelast month

    Centennial Resource Development, Inc. Announces $500 Million Private Offering of Senior Unsecured Notes due 2027

    Centennial Resource Development, Inc. (“Centennial” or the “Company”) (CDEV) today announced that its subsidiary, Centennial Resource Production, LLC (“CRP”), has commenced, subject to market conditions and other factors, a private offering of $500 million in aggregate principal amount of senior unsecured notes due 2027 to eligible purchasers (the “Notes Offering”). CRP intends to use the net proceeds from the Notes Offering to repay all outstanding borrowings under its revolving credit facility and for general corporate purposes. The securities to be offered in the Notes Offering have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.  CRP plans to offer and sell the securities only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of CDEV earnings conference call or presentation 26-Feb-19 3:00pm GMT

    Q4 2018 Centennial Resource Development Inc Earnings Call

  • Why MongoDB, SunOpta, and Centennial Resource Development Slumped Today
    Motley Fool2 months ago

    Why MongoDB, SunOpta, and Centennial Resource Development Slumped Today

    Find out what sent these stocks lower.

  • Centennial Resource Development, Inc. (CDEV) Q4 2018 Earnings Conference Call Transcript
    Motley Fool2 months ago

    Centennial Resource Development, Inc. (CDEV) Q4 2018 Earnings Conference Call Transcript

    CDEV earnings call for the period ending December 31, 2018.

  • Why Centennial Resource Development Stock Is Cratering Today
    Motley Fool2 months ago

    Why Centennial Resource Development Stock Is Cratering Today

    Investors didn't like the oil company's plan for the coming year.

  • GlobeNewswire2 months ago

    Centennial Resource Development Announces Full Year 2018 Results, 2018 Year-End Reserves and 2019 Guidance

    DENVER, Feb. 25, 2019 -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced 2018 financial and operational results and 2019.

  • CENTENNIAL RES (CDEV) Earnings Expected to Grow: Should You Buy?
    Zacks2 months ago

    CENTENNIAL RES (CDEV) Earnings Expected to Grow: Should You Buy?

    CENTENNIAL RES (CDEV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire3 months ago

    Centennial Resource Development, Inc. Announces Fourth Quarter and Full Year 2018 Earnings Conference Call

    DENVER, Feb. 01, 2019 -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) announced today that it will report fourth quarter and full year.

  • What Makes Centennial Resource (CDEV) a Strong Sell?
    Zacks3 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.

  • Moving Average Crossover Alert: Centennial Resource Development
    Zacks4 months 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.

  • Reuters4 months 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
    Zacks4 months ago

    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 Monkey4 months ago

    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, […]

  • New Strong Sell Stocks for November 30th
    Zacks5 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 StreetEvents5 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

  • GlobeNewswire5 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 Realist6 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).