Centennial Resource Development Inc
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*Nasdaq FSI: *Deficient: Issuer Failed to Meet NASDAQ Continued Listing Requirements

Energy : Oil, Gas & Consumable Fuels | Small Cap BlendCompany profile

Centennial Resource Development, Inc. is an independent oil and natural gas company. The Company is focused on the development of unconventional 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. Its properties consist of large, contiguous acreage blocks in Reeves, Ward and Pecos counties in West Texas. As of December 31, 2016, the Company held approximately 92% membership interest in Centennial Resource Production, LLC (CRP). As of December 31, 2016, its portfolio included 106 operated producing horizontal wells. The horizontal wells span an area of approximately 45 miles long by 20 miles wide where it had commercial production in five zones: the 3rd Bone Spring Sandstone, Upper Wolfcamp A, Lower Wolfcamp A, Wolfcamp B and Wolfcamp C.

Closing Price
$5.04
Day's Change
0.32 (6.78%)
Bid
--
Ask
--
B/A Size
--
Day's High
5.04
Day's Low
4.67
Volume
(Light)
Volume:
8,915,210

10-day average volume:
15,088,233
8,915,210

Company Profile

Centennial Resource Development, Inc. is an independent oil and natural gas company. The Company is focused on the development of unconventional 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. Its properties consist of large, contiguous acreage blocks in Reeves, Ward and Pecos counties in West Texas. As of December 31, 2016, the Company held approximately 92% membership interest in Centennial Resource Production, LLC (CRP). As of December 31, 2016, its portfolio included 106 operated producing horizontal wells. The horizontal wells span an area of approximately 45 miles long by 20 miles wide where it had commercial production in five zones: the 3rd Bone Spring Sandstone, Upper Wolfcamp A, Lower Wolfcamp A, Wolfcamp B and Wolfcamp C.

Valuation Ratios

Price/Earnings (TTM)
16.32x
Price/Sales (TTM)
1.44x
Price/Book (MRQ)
0.42x
Price/Cash Flow (TTM)
2.75x
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

Price Performance

Historic Growth and Share Detail

Historic Growth

No historic growth available.

Short Interest

August 2019
Current Month
22.9M
Previous Month
24.1M
Percent of Float
12.66%
Days to Cover
4.5732 Days

Share Information

CDEV is in a share class of common stock
Float
180.5M
Shares Outstanding
276.4M
Institutions Holding Shares
237
112.15%

Financial Statements

Balance sheet

Values displayed are in millions.

Income statement

Values displayed are in millions.

Cash flow

Values displayed are in millions.

Company Officers

  • Mark G. PapaChmn.
  • George S. GlyphisCFO
  • Sean R. SmithCOO
  • Brent P. JensenCAO
  • Davis O. O ConnorVP

Address

Insider Trading

No insider trading activity.

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