Logo image of CDEV

CENTENNIAL RESOURCE DEVELO-A (CDEV) Stock Price, Quote, News and Overview

NASDAQ:CDEV - Nasdaq - US15136A1025 - Common Stock - Currency: USD

7.62  -0.61 (-7.41%)

After market: 7.7 +0.08 (+1.05%)

CDEV Quote, Performance and Key Statistics

CENTENNIAL RESOURCE DEVELO-A

NASDAQ:CDEV (9/1/2022, 8:00:02 PM)

After market: 7.7 +0.08 (+1.05%)

7.62

-0.61 (-7.41%)

Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
GICS IndustryGroupEnergy
GICS SubIndustryOil & Gas Exploration & Production
Statistics
52 Week High9.7
52 Week Low5.05
Market Cap2.17B
Shares284.99M
Float205.52M
Yearly DividendN/A
Dividend YieldN/A
PE5.95
Fwd PE3.23
Earnings (Next)11-01 2022-11-01
IPO03-02 2016-03-02


CDEV short term performance overview.The bars show the price performance of CDEV in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 10 -10 20

CDEV long term performance overview.The bars show the price performance of CDEV in the last 1, 2 and 3 years. 1 year 2 years 3 years 10 20 30 40

The current stock price of CDEV is 7.62 USD. In the past month the price increased by 24.51%. In the past year, price increased by 47.67%.

CENTENNIAL RESOURCE DEVELO-A / CDEV Daily stock chart

CDEV Competitors/Peers

The largest stocks on the US markets in the "Oil & Gas Exploration & Production" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
COP CONOCOPHILLIPS 12.6 124.96B
EOG EOG RESOURCES INC 11.15 74.85B
CNQ CANADIAN NATURAL RESOURCES 11.48 63.00B
HES HESS CORP 15.3 45.64B
FANG DIAMONDBACK ENERGY INC 9.11 45.59B
VG VENTURE GLOBAL INC-CL A N/A 37.19B
TPL TEXAS PACIFIC LAND CORP 68.23 30.91B
EQT EQT CORP 32.41 29.98B
WDS WOODSIDE ENERGY GROUP-ADR 9.07 27.72B
DVN DEVON ENERGY CORP 7.76 24.63B
EXE EXPAND ENERGY CORP 51.05 24.07B
CTRA COTERRA ENERGY INC 16.36 20.72B

About CDEV

Company Profile

CDEV logo image Centennial Resource Development, Inc. operates as oil and natural gas company. The company is headquartered in Denver, Colorado and currently employs 147 full-time employees. The company went IPO on 2016-03-02. The firm is focused on the development of crude oil and associated liquids-rich natural gas reserves in the Permian Basin. The Company’s assets are concentrated in the Delaware Basin, a sub-basin of the Permian Basin, and its properties consist of large, contiguous acreage blocks located in West Texas and New Mexico. The company has commercial production on its acreage using horizontal drilling from ten distinct zones: the Avalon Shale, 1st Bone Spring Sand, 2nd Bone Spring Sand, 2nd Bone Spring Shale, 3rd Bone Spring Sand, 3rd Bone Spring Shale, Upper Wolfcamp A, Lower Wolfcamp A, Wolfcamp B and Wolfcamp C. It has leased or acquired approximately 73,675 net acres. In addition, it owns over 991 net mineral acres in the Delaware Basin. Its total acreage is located in Texas, primarily Reeves County and are also located in Lea County, New Mexico.

Company Info

CENTENNIAL RESOURCE DEVELO-A

1001 17th St Ste 1800

Denver COLORADO 80202 US

CEO: Sean R. Smith

Employees: 147

Company Website: https://www.cdevinc.com/

Phone: 17204991400.0

CENTENNIAL RESOURCE DEVELO-A / CDEV FAQ

What is the stock price of CENTENNIAL RESOURCE DEVELO-A today?

The current stock price of CDEV is 7.62 USD. The price decreased by -7.41% in the last trading session.


What is the ticker symbol for CENTENNIAL RESOURCE DEVELO-A stock?

The exchange symbol of CENTENNIAL RESOURCE DEVELO-A is CDEV and it is listed on the Nasdaq exchange.


On which exchange is CDEV stock listed?

CDEV stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for CENTENNIAL RESOURCE DEVELO-A stock?

17 analysts have analysed CDEV and the average price target is 10.4 USD. This implies a price increase of 36.54% is expected in the next year compared to the current price of 7.62. Check the CENTENNIAL RESOURCE DEVELO-A stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is CENTENNIAL RESOURCE DEVELO-A worth?

CENTENNIAL RESOURCE DEVELO-A (CDEV) has a market capitalization of 2.17B USD. This makes CDEV a Mid Cap stock.


How many employees does CENTENNIAL RESOURCE DEVELO-A have?

CENTENNIAL RESOURCE DEVELO-A (CDEV) currently has 147 employees.


What are the support and resistance levels for CENTENNIAL RESOURCE DEVELO-A (CDEV) stock?

CENTENNIAL RESOURCE DEVELO-A (CDEV) has a support level at 7.61 and a resistance level at 8.39. Check the full technical report for a detailed analysis of CDEV support and resistance levels.


Is CENTENNIAL RESOURCE DEVELO-A (CDEV) expected to grow?

The Revenue of CENTENNIAL RESOURCE DEVELO-A (CDEV) is expected to grow by 109.59% in the next year. Check the estimates tab for more information on the CDEV EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy CENTENNIAL RESOURCE DEVELO-A (CDEV) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does CENTENNIAL RESOURCE DEVELO-A (CDEV) stock pay dividends?

CDEV does not pay a dividend.


When does CENTENNIAL RESOURCE DEVELO-A (CDEV) report earnings?

CENTENNIAL RESOURCE DEVELO-A (CDEV) will report earnings on 2022-11-01.


What is the Price/Earnings (PE) ratio of CENTENNIAL RESOURCE DEVELO-A (CDEV)?

The PE ratio for CENTENNIAL RESOURCE DEVELO-A (CDEV) is 5.95. This is based on the reported non-GAAP earnings per share of 1.28 and the current share price of 7.62 USD. Check the full fundamental report for a full analysis of the valuation metrics for CDEV.


CDEV Technical Analysis

ChartMill assigns a technical rating of 7 / 10 to CDEV. When comparing the yearly performance of all stocks, CDEV is one of the better performing stocks in the market, outperforming 92.98% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

CDEV Fundamental Analysis

ChartMill assigns a fundamental rating of 7 / 10 to CDEV. CDEV has only an average score on both its financial health and profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

CDEV Financial Highlights

Over the last trailing twelve months CDEV reported a non-GAAP Earnings per Share(EPS) of 1.28. The EPS increased by 277.78% compared to the year before.


Industry RankSector Rank
PM (TTM) 28.46%
ROA 9.6%
ROE 13.66%
Debt/Equity 0.27
Chartmill High Growth Momentum
EPS Q2Q%766.67%
Sales Q2Q%103.22%
EPS 1Y (TTM)277.78%
Revenue 1Y (TTM)97.3%

CDEV Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 75% to CDEV. The Buy consensus is the average rating of analysts ratings from 17 analysts.

For the next year, analysts expect an EPS growth of 366.63% and a revenue growth 109.59% for CDEV


Ownership
Inst Owners0%
Ins Owners1.57%
Short Float %N/A
Short RatioN/A
Analysts
Analysts75.29
Price Target10.4 (36.48%)
EPS Next Y366.63%
Revenue Next Year109.59%