S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:CDEV

Centennial Resource Development Stock Forecast, Price & News

$5.68
-0.16 (-2.74%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$5.56
$6.15
50-Day Range
$5.68
$7.85
52-Week Range
$1.32
$8.29
Volume
6.98 million shs
Average Volume
6.16 million shs
Market Capitalization
$1.61 billion
P/E Ratio
N/A
Dividend Yield
N/A
Beta
6.1
30 days | 90 days | 365 days | Advanced Chart
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Centennial Resource Development logo

About Centennial Resource Development

Centennial Resource Development, Inc. operates as oil and natural gas company. It focuses on the development of unconventional oil and liquids-rich natural gas reserves in the Permian Basin. The company was founded in October 2014 and is headquartered in Denver, CO.

Headlines

Centennial Resource Development (NASDAQ:CDEV) Shares Gap Up to $6.19
November 29, 2021 |  americanbankingnews.com
Petrobras (PBR) Revises Production Guidance for 2022-2026
November 26, 2021 |  finance.yahoo.com
Centennial Resource Development (NASDAQ:CDEV) Stock Price Down 14.9%
November 26, 2021 |  americanbankingnews.com
Centennial Resource Development (NASDAQ:CDEV) Stock Price Up 5.8%
November 23, 2021 |  americanbankingnews.com
Centennial Resource Development (NASDAQ:CDEV) Shares Down 6.2%
November 19, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Current Symbol
NASDAQ:CDEV
Fax
N/A
Employees
151
Year Founded
N/A

Sales & Book Value

Annual Sales
$580.46 million
Cash Flow
$0.46 per share
Book Value
$9.10 per share

Profitability

Net Income
$-682.84 million
Pretax Margin
-12.91%

Debt

Price-To-Earnings

Miscellaneous

Free Float
174,432,000
Market Cap
$1.61 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/03/2021
Today
12/04/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/22/2022

MarketRank

Overall MarketRank

2.54 out of 5 stars

Oils/Energy Sector

69th out of 356 stocks

Crude Petroleum & Natural Gas Industry

35th out of 113 stocks

Analyst Opinion: 2.0Community Rank: 4.0Dividend Strength: 0.0Insider Behavior: 4.2Valuation: 2.5 5 -4 -3 -2 -1 -












Centennial Resource Development (NASDAQ:CDEV) Frequently Asked Questions

Is Centennial Resource Development a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Centennial Resource Development in the last year. There are currently 2 sell ratings, 7 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Centennial Resource Development stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CDEV, but not buy additional shares or sell existing shares.
View analyst ratings for Centennial Resource Development
or view top-rated stocks.

How has Centennial Resource Development's stock price been impacted by Coronavirus?

Centennial Resource Development's stock was trading at $0.4920 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CDEV stock has increased by 1,054.5% and is now trading at $5.68.
View which stocks have been most impacted by COVID-19
.

When is Centennial Resource Development's next earnings date?

Centennial Resource Development is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for Centennial Resource Development
.

How were Centennial Resource Development's earnings last quarter?

Centennial Resource Development, Inc. (NASDAQ:CDEV) issued its quarterly earnings results on Wednesday, November, 3rd. The oil and natural gas company reported $0.12 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.21 by $0.09. Centennial Resource Development had a negative net margin of 12.91% and a positive trailing twelve-month return on equity of 1.23%. During the same period in the prior year, the firm posted ($0.19) earnings per share.
View Centennial Resource Development's earnings history
.

What price target have analysts set for CDEV?

12 brokers have issued 12 month price objectives for Centennial Resource Development's stock. Their forecasts range from $1.80 to $8.50. On average, they expect Centennial Resource Development's share price to reach $6.46 in the next year. This suggests a possible upside of 13.6% from the stock's current price.
View analysts' price targets for Centennial Resource Development
or view top-rated stocks among Wall Street analysts.

Who are Centennial Resource Development's key executives?

Centennial Resource Development's management team includes the following people:
  • Sean R. Smith, Chief Executive Officer & Director
  • Matthew R. Garrison, Chief Operating Officer & Vice President (LinkedIn Profile)
  • George S. Glyphis, Chief Financial Officer & Vice President
  • Colleen C. Proctor, Vice President-Information Technology
  • Davis O. O'Connor, Secretary, Vice President & General Counsel

What other stocks do shareholders of Centennial Resource Development own?

What is Centennial Resource Development's stock symbol?

Centennial Resource Development trades on the NASDAQ under the ticker symbol "CDEV."

Who are Centennial Resource Development's major shareholders?

Centennial Resource Development's stock is owned by a variety of institutional and retail investors. Top institutional investors include Goldman Sachs Group Inc. (3.00%), Two Sigma Advisers LP (1.61%), Dimensional Fund Advisors LP (1.49%), Geode Capital Management LLC (1.28%), Invesco Ltd. (0.85%) and Arrowstreet Capital Limited Partnership (0.79%). Company insiders that own Centennial Resource Development stock include Brent P Jensen, George S Glyphis, Jeffrey Tepper, Matthew R Garrison, Non-Eci Usrpi Aiv Riverstone, Silver Run Sponsor, Llc, Steven J Shapiro and Us Centennial Holdings Ll Rel.
View institutional ownership trends for Centennial Resource Development
.

Which institutional investors are selling Centennial Resource Development stock?

CDEV stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Invesco Ltd., Arrowstreet Capital Limited Partnership, UBS Group AG, Morgan Stanley, BNP Paribas Arbitrage SA, Hsbc Holdings PLC, and Citigroup Inc.. Company insiders that have sold Centennial Resource Development company stock in the last year include Brent P Jensen, Jeffrey Tepper, Matthew R Garrison, and Silver Run Sponsor, Llc.
View insider buying and selling activity for Centennial Resource Development
or view top insider-selling stocks.

Which institutional investors are buying Centennial Resource Development stock?

CDEV stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Allianz Asset Management GmbH, Nordea Investment Management AB, Two Sigma Advisers LP, Deutsche Bank AG, and Jump Financial LLC. Company insiders that have bought Centennial Resource Development stock in the last two years include George S Glyphis, Non-Eci Usrpi Aiv Riverstone, Steven J Shapiro, and Us Centennial Holdings Ll Rel.
View insider buying and selling activity for Centennial Resource Development
or or view top insider-buying stocks.

How do I buy shares of Centennial Resource Development?

Shares of CDEV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Centennial Resource Development's stock price today?

One share of CDEV stock can currently be purchased for approximately $5.68.

How much money does Centennial Resource Development make?

Centennial Resource Development has a market capitalization of $1.61 billion and generates $580.46 million in revenue each year. The oil and natural gas company earns $-682.84 million in net income (profit) each year or ($0.41) on an earnings per share basis.

How many employees does Centennial Resource Development have?

Centennial Resource Development employs 151 workers across the globe.

What is Centennial Resource Development's official website?

The official website for Centennial Resource Development is www.cdevinc.com.

Where are Centennial Resource Development's headquarters?

Centennial Resource Development is headquartered at 1001 SEVENTEENTH STREET SUITE 1800, DENVER CO, 80202.

How can I contact Centennial Resource Development?

Centennial Resource Development's mailing address is 1001 SEVENTEENTH STREET SUITE 1800, DENVER CO, 80202. The oil and natural gas company can be reached via phone at (720) 499-1400 or via email at [email protected].


This page was last updated on 12/4/2021 by MarketBeat.com Staff

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