|Bid||0.00 x 21500|
|Ask||0.00 x 4000|
|Day's Range||6.05 - 6.22|
|52 Week Range||6.05 - 23.12|
|Beta (3Y Monthly)||1.96|
|PE Ratio (TTM)||12.92|
|Earnings Date||Aug 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||10.80|
DENVER, July 17, 2019 -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) announced today that it will report second quarter 2019 financial.
The oil driller is still growing its business, but weak oil prices and a slower pace have left investors less excited.
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We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The...
Apache (APA) appears to be a solid bet based on its impressive production profile in the Permian along with appreciable midstream efforts and investor-friendly moves.
DENVER, May 17, 2019 -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that Sean R. Smith, Vice President and Chief.
CENTENNIAL RES (CDEV) delivered earnings and revenue surprises of 100.00% and 2.50%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
DENVER, May 06, 2019 -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced financial and operational results for the first.
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CENTENNIAL RES (CDEV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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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.
DENVER, March 21, 2019 -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that Sean R. Smith, Vice President and Chief.
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 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'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.
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.