CENTENNIAL RESOURCE DEVELO-A (CDEV) Stock Price, Forecast & Analysis
NASDAQ:CDEV • US15136A1025
CDEV Key Statistics, Chart & Performance
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%.
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.
CDEV Fundamental Analysis
ChartMill assigns a fundamental rating of 7 / 10 to CDEV. CDEV has an average financial health and profitability rating.
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 Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 28.46% | ||
| ROA | 9.6% | ||
| ROE | 13.66% | ||
| Debt/Equity | 0.27 |
CDEV Forecast & Estimates
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.
For the next year, analysts expect an EPS growth of 366.63% and a revenue growth 109.59% for CDEV
CDEV Ownership
CDEV Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| COP | CONOCOPHILLIPS | 20.32 | 136.717B | ||
| EOG | EOG RESOURCES INC | 12.62 | 67.212B | ||
| FANG | DIAMONDBACK ENERGY INC | 16.58 | 50.062B | ||
| EQT | EQT CORP | 15.28 | 37.301B | ||
| TPL | TEXAS PACIFIC LAND CORP | 60.38 | 33.543B | ||
| DVN | DEVON ENERGY CORP | 12.67 | 27.701B | ||
| EXE | EXPAND ENERGY CORP | 11.84 | 24.734B | ||
| VG | VENTURE GLOBAL INC-CL A | 11.76 | 24.212B | ||
| CTRA | COTERRA ENERGY INC | 14.04 | 24.057B | ||
| VNOM | VIPER ENERGY INC-CL A | 30.03 | 16.21B |
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About CDEV
Company Profile
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
Phone: 17204991400.0
CENTENNIAL RESOURCE DEVELO-A / CDEV FAQ
What does CENTENNIAL RESOURCE DEVELO-A do?
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.
What is the current price of CDEV stock?
The current stock price of CDEV is 7.62 USD. The price decreased by -7.41% in the last trading session.
Does CDEV stock pay dividends?
CDEV does not pay a dividend.
What is the ChartMill technical and fundamental rating of CDEV stock?
CDEV has a ChartMill Technical rating of 7 out of 10 and a ChartMill Fundamental rating of 7 out of 10.
What is the employee count for CDEV stock?
CENTENNIAL RESOURCE DEVELO-A (CDEV) currently has 147 employees.
What is the market capitalization of CDEV stock?
CENTENNIAL RESOURCE DEVELO-A (CDEV) has a market capitalization of 2.17B USD. This makes CDEV a Mid Cap stock.