Centennial Resource Development
Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of unconventional oil and associated liquids-rich natural gas reserves in the United States. The last earnings update was 17 days ago. More info.
Add to Portfolio Compare Print
- Centennial Resource Development has significant price volatility in the past 3 months.
CDEV Share Price and Events
7 Day Returns
1 Year Returns
CDEV Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Centennial Resource Development (CDEV) | -7.8% | -12.4% | -24.2% | -49.6% | -4.9% | - |
| US Oil and Gas | 0.3% | -5.9% | -0.9% | -15.4% | -1.6% | -32.5% |
| US Market | 0.2% | -1.6% | 2.4% | 2.9% | 36.1% | 41% |
1 Year Return vs Industry and Market
- CDEV underperformed the Oil and Gas industry which returned -15.4% over the past year.
- CDEV underperformed the Market in United States of America which returned 2.9% over the past year.
CDEV Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Centennial Resource Development. This is due to cash flow or dividend data being unavailable. The share price is $9.51.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Centennial Resource Development's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Centennial Resource Development's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in USD | $0.48 |
| NasdaqCM:CDEV Share Price ** | NasdaqCM (2019-05-22) in USD | $9.51 |
| United States of America Oil and Gas Industry PE Ratio | Median Figure of 101 Publicly-Listed Oil and Gas Companies | 13.71x |
| United States of America Market PE Ratio | Median Figure of 3,085 Publicly-Listed Companies | 17.79x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Centennial Resource Development.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqCM:CDEV Share Price ÷ EPS (both in USD) = 9.51 ÷ 0.48 |
19.98x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Centennial Resource Development is overvalued based on earnings compared to the US Oil and Gas industry average.
- Centennial Resource Development is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does
Centennial Resource Development's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 19.98x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts |
31.1%per year |
| United States of America Oil and Gas Industry PEG Ratio | Median Figure of 76 Publicly-Listed Oil and Gas Companies | 0.49x |
| United States of America Market PEG Ratio | Median Figure of 2,123 Publicly-Listed Companies | 1.54x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 19.98x ÷ 31.1% |
0.64x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Centennial Resource Development is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
Centennial Resource Development's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in USD | $11.72 |
| NasdaqCM:CDEV Share Price * | NasdaqCM (2019-05-22) in USD | $9.51 |
| United States of America Oil and Gas Industry PB Ratio | Median Figure of 195 Publicly-Listed Oil and Gas Companies | 1.14x |
| United States of America Market PB Ratio | Median Figure of 5,201 Publicly-Listed Companies | 1.84x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqCM:CDEV Share Price ÷ Book Value per Share (both in USD) = 9.51 ÷ 11.72 |
0.81x |
* Primary Listing of Centennial Resource Development.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Centennial Resource Development is good value based on assets compared to the US Oil and Gas industry average.
Value checks
We assess Centennial Resource Development's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check) Centennial Resource Development has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
CDEV Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Centennial Resource Development's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Centennial Resource Development's earnings growth is expected to exceed the United States of America market average.
- Centennial Resource Development's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqCM:CDEV Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts | 31.1% |
| NasdaqCM:CDEV Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 17 Analysts | 14.3% |
| United States of America Oil and Gas Industry Earnings Growth Rate | Market Cap Weighted Average | 12.7% |
| United States of America Oil and Gas Industry Revenue Growth Rate | Market Cap Weighted Average | 4.6% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.7% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 17 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 1,671 | 1,145 | 381 | 2 |
| 2022-12-31 | 1,505 | 1,029 | 334 | 2 |
| 2021-12-31 | 1,301 | 856 | 214 | 10 |
| 2020-12-31 | 1,171 | 750 | 193 | 17 |
| 2019-12-31 | 942 | 568 | 85 | 15 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 890 | 639 | 126 |
| 2018-12-31 | 891 | 670 | 200 |
| 2018-09-30 | 835 | 617 | 199 |
| 2018-06-30 | 711 | 491 | 175 |
| 2018-03-31 | 585 | 372 | 132 |
| 2017-12-31 | 430 | 260 | 76 |
| 2017-09-30 | 297 | 147 | 73 |
| 2017-06-30 | 213 | 119 | 53 |
| 2017-03-31 | 145 | 62 | 16 |
| 2016-12-31 | 99 | 61 | -8 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 17 Analyst Estimates (S&P Global) | See Below |
All data from Centennial Resource Development Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2023-12-31 | 1.41 | 1.42 | 1.39 | 2.00 |
| 2022-12-31 | 1.23 | 1.27 | 1.19 | 2.00 |
| 2021-12-31 | 0.79 | 1.14 | 0.47 | 7.00 |
| 2020-12-31 | 0.71 | 1.02 | 0.40 | 12.00 |
| 2019-12-31 | 0.31 | 0.53 | 0.22 | 10.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-03-31 | 0.48 |
| 2018-12-31 | 0.76 |
| 2018-09-30 | 0.76 |
| 2018-06-30 | 0.67 |
| 2018-03-31 | 0.53 |
| 2017-12-31 | 0.32 |
| 2017-09-30 | 0.22 |
| 2017-06-30 | 0.20 |
| 2017-03-31 | 0.08 |
| 2016-12-31 | -0.05 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Centennial Resource Development is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Future performance checks
We assess Centennial Resource Development's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Centennial Resource Development has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
CDEV Past Performance
How has Centennial Resource Development performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Centennial Resource Development has delivered over 20% year on year earnings growth in the past 5 years.
- Centennial Resource Development's 1-year earnings growth is negative, it can't be compared to the 5-year average.
- Centennial Resource Development's 1-year earnings growth is negative, it can't be compared to the US Oil and Gas industry average.
Earnings and Revenue History
All data from Centennial Resource Development Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 889.72 | 125.70 | 76.16 | |
| 2018-12-31 | 891.05 | 199.90 | 73.27 | |
| 2018-09-30 | 834.67 | 199.46 | 76.84 | |
| 2018-06-30 | 711.40 | 174.61 | 72.50 | |
| 2018-03-31 | 584.70 | 131.84 | 69.93 | |
| 2017-12-31 | 429.90 | 75.57 | 64.26 | |
| 2017-09-30 | 296.82 | 72.72 | 45.32 | |
| 2017-06-30 | 212.53 | 53.14 | 37.42 | |
| 2017-03-31 | 144.81 | 16.25 | 28.64 | |
| 2016-12-31 | 98.83 | -8.04 | 20.24 | |
| 2015-12-31 | 90.46 | -38.33 | 14.29 | |
| 2014-12-31 | 131.83 | 17.79 | 36.47 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Centennial Resource Development has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Centennial Resource Development used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.
- Centennial Resource Development has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess Centennial Resource Development's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Centennial Resource Development has a total score of 2/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
CDEV Health
How is Centennial Resource Development's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Centennial Resource Development's finances.
The net worth of a company is the difference between its assets and liabilities.
- Centennial Resource Development's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Centennial Resource Development's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Centennial Resource Development Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 3,241.52 | 910.13 | 89.48 |
| 2018-12-31 | 3,243.87 | 691.63 | 18.16 |
| 2018-09-30 | 3,205.21 | 531.39 | 58.92 |
| 2018-06-30 | 3,158.20 | 421.15 | 42.72 |
| 2018-03-31 | 3,085.72 | 390.92 | 38.22 |
| 2017-12-31 | 3,003.97 | 390.76 | 117.32 |
| 2017-09-30 | 2,946.04 | 165.00 | 2.58 |
| 2017-06-30 | 2,925.95 | 35.00 | |
| 2017-03-31 | 2,566.25 | 0.00 | 54.87 |
| 2016-12-31 | 2,552.94 | 0.00 | 134.08 |
| 2015-12-31 | 450.86 | 138.65 | 1.77 |
| 2014-12-31 |
- Centennial Resource Development's level of debt (28.1%) compared to net worth is satisfactory (less than 40%).
- Unable to establish if Centennial Resource Development's debt level has increased without past 5-year debt data.
- Debt is well covered by operating cash flow (70.2%, greater than 20% of total debt).
- Interest payments on debt are well covered by earnings (EBIT is 8.5x coverage).
Financial health checks
We assess Centennial Resource Development's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Centennial Resource Development has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
CDEV Dividends
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
Centennial Resource Development
shares you are expected to receive
$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Centennial Resource Development's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Centennial Resource Development's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 17 Analyst Estimates (S&P Global) | See Below |
| United States of America Oil and Gas Industry Average Dividend Yield | Market Cap Weighted Average of 66 Stocks | 3.7% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2005 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2023-12-31 | ||
| 2022-12-31 | ||
| 2021-12-31 | 0.00 | 3.00 |
| 2020-12-31 | 0.00 | 4.00 |
| 2019-12-31 | 0.00 | 5.00 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Centennial Resource Development has not reported any payouts.
- Unable to verify if Centennial Resource Development's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Centennial Resource Development's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Centennial Resource Development afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Centennial Resource Development has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
CDEV Management
CEO
| COMPENSATION | $2,693,240 |
| AGE | 71 |
| TENURE AS CEO | 3.5 years |
CEO Bio
Mr. Mark G. Papa has been the Chief Executive Officer at Centennial Resource Development, Inc., (Formerly, Silver Run Acquisition Corporation) since November 2015 and has been its Chairman since October 12, 2016. Mr. Papa serves as the President of Centennial Resource Development, Inc. He serves as a Partner at Riverstone Holdings LLC. He joined Riverstone Holdings in 2015. Mr. Papa served as the Chief Executive Officer and Chairman of EOG Resources Inc., from September 1998 to July 1, 2013. He worked 32 years for EOG in various management positions Mr. Papa served as the Chief Operating Officer at EOG Resources Inc., from September 1997 to September 1998 and President, since December 1996. He served as the President of North America Operations at EOG Resources Inc., from February 1994 to September 1998. Mr. Papa served as the Executive Chairman at EOG Resources Inc. from July 1, 2013. He joined Belco Petroleum Corporation, a predecessor of EOG Resources Inc., in 1981. Prior to that, Mr. Papa worked 13 years for Conoco in various engineering and management positions. He served as the Chairman of Oil States International Inc. from February 2016 to August 2018. He serves as the Chairman of the U.S. Oil and Gas Association. He served as an Independent Director at Oil States International Inc., from February 2001 to August 2018. He has been a Director at Centennial Resource Development, Inc., since November 2015. Mr. Papa has been a Director of Casa de Esperanza since November 2006. He served as a Director of Magellan GP LLC, from July 31, 2003 to April 21, 2005. Mr. Papa served as a Member of EOG Resources' board of directors from August 1999 to December 2014. In February 2010 and 2013, the Harvard Business Review denoted Mr. Papa as one of the 100 Best Performing CEO’s in the World and ranked him as the Best in the US Energy Industry. Additionally, Institutional Investor magazine repeatedly ranked him as the Top Independent E&P CEO. Mr. Papa received an M.B.A. from the University of Houston and a B.S. in Petroleum Engineering from the University of Pittsburgh.
CEO Compensation
- Mark's compensation has been consistent with company performance over the past year, both up more than 20%.
- Mark's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the Centennial Resource Development management team in years:
- The tenure for the Centennial Resource Development management team is about average.
Management Team
Mark Papa
Chairman
$3M
71
3.5 yrs
George Glyphis
CFO, VP
$3M
48
2.6 yrs
Sean Smith
COO & VP
$4M
45
Brent Jensen
Chief Accounting Officer & VP
$2M
48
2.2 yrs
Davis O'Connor
VP & General Counsel
$2M
63
2.6 yrs
Hays Mabry
Director of Investor Relations
Stephen Coats
Secretary
47
3.5 yrs
Jamie Wheat
Vice President of Accounting
48
2.2 yrs
Terry Sherban
Vice President of Reservoir Engineering and Consultant
59
Ward Polzin
Consultant
$327K
55
Board of Directors Tenure
Average tenure and age of the Centennial Resource Development board of directors in years:
- The average tenure for the Centennial Resource Development board of directors is less than 3 years, this suggests a new board.
Board of Directors
Jeffrey Tepper
Independent Director
$247K
53
3.3 yrs
Mark Papa
Chairman
$3M
71
2.6 yrs
Maire Baldwin
Independent Director
$255K
52
2.6 yrs
Karl Bandtel
Independent Director
$247K
52
2.6 yrs
Tony Weber
Independent Director
56
2.6 yrs
Robert Tichio
Director
41
2.6 yrs
David Leuschen
Director
66
2.6 yrs
Pierre Lapeyre
Director
55
2.6 yrs
Matt Hyde
Director
$227K
62
1.3 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 05. Jun 18 | Buy | George Glyphis | Individual | 01. Jun 18 | 04. Jun 18 | 15,000 | $16.95 | $251,777 | ||
| 30. May 18 | Buy | Brent Jensen | Individual | 25. May 18 | 25. May 18 | 4,500 | $17.75 | $79,897 | ||
Management checks
We assess Centennial Resource Development's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Centennial Resource Development has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
CDEV News
Simply Wall St News
Read This Before Judging Centennial Resource Development, Inc.'s (NASDAQ:CDEV) ROE
Our data shows Centennial Resource Development has a return on equity of 4.1% for the last year. … The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Centennial Resource Development: 4.1% = US$126m ÷ US$3.2b (Based on the trailing twelve months to March 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Combining Centennial Resource Development's Debt And Its 4.1% Return On Equity Although Centennial Resource Development does use debt, its debt to equity ratio of 0.28 is still low.
Simply Wall St - – Full articleWhat Should Investors Know About Centennial Resource Development, Inc.'s (NASDAQ:CDEV) Growth?
Help shape the future of investing tools and you could win a $250 gift card! … The latest earnings release Centennial Resource Development, Inc.'s (NASDAQ:CDEV) announced in December 2018a
Simply Wall St - – Full articleHave Insiders Been Buying Centennial Resource Development, Inc. (NASDAQ:CDEV) Shares This Year?
So shareholders might well want to know whether insiders have been buying or selling shares in Centennial Resource Development, Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Centennial Resource Development Insider Transactions Over The Last Year.
Simply Wall St - – Full articleCan Centennial Resource Development, Inc. (NASDAQ:CDEV) Improve Its Returns?
By way of learning-by-doing, we'll look at ROE to gain a better understanding of Centennial Resource Development, Inc. … Over the last twelve months Centennial Resource Development has recorded a ROE of 6.7%. … Return on Equity = Net Profit ÷ Shareholders' Equity
Simply Wall St - – Full articleAll You Need To Know About Centennial Resource Development Inc's (NASDAQ:CDEV) Financial Health
Stocks with market capitalization between $2B and $10B, such as Centennial Resource Development Inc (NASDAQ:CDEV) with a size of US$4.4b, do not attract as much attention from the investing community as do the small-caps and large-caps. … Let’s take a look at CDEV’s debt concentration and assess their financial liquidity to get an idea of their ability to fund strategic acquisitions and grow through cyclical pressures. … See our latest analysis for Centennial Resource Development
Simply Wall St - – Full articleWhy Centennial Resource Development Inc (NASDAQ:CDEV) Is A Financially Healthy Company
Mid-caps stocks, like Centennial Resource Development Inc (NASDAQ:CDEV) with a market capitalization of US$4.60b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. … Don’t forget that this is a general and concentrated examination of Centennial Resource Development's financial health, so you should conduct further analysis. … View our latest analysis for Centennial Resource Development
Simply Wall St - – Full articleDoes Centennial Resource Development Inc's (NASDAQ:CDEV) PE Ratio Signal A Selling Opportunity?
which is 2.52 times more expensive than the 13.42x average multiple of the Oil and Gas. … Yes, this excessive multiple can initially be deterring, but there are many company-specific elements which are not captured in such a static ratio – such as its growth outlook and debt obligations … In this article, I am going to take you through some key things to consider in order to identify which multiple is the most relevant for
Simply Wall St - – Full articleShould You Sell Centennial Resource Development Inc (NASDAQ:CDEV) At This PE Ratio?
and want to better understand how you can grow your money by investing in Centennial Resource Development Inc (NASDAQ:CDEV). … Centennial Resource Development Inc (NASDAQ:CDEV) is trading with a trailing P/E of 33x, which is higher than the industry average of 13.8x. … See our latest analysis for Centennial Resource Development
Simply Wall St - – Full articleHigh Growth Stocks To Invest In
CDEV’s projected future profit growth is a robust 31.10%, with an equally impressive underlying growth from its revenues expected over the upcoming years. … IPWR’s projected future profit growth is an exceptional 67.22%, with an underlying triple-digit growth from its revenues expected over the upcoming years. … NasdaqGS:SWKS Future Profit May 16th 18 For more financially robust companies with high growth potential to enhance your portfolio, explore this interactive list of fast growing companies.
Simply Wall St - – Full articleStock Pick Of The Day: Centennial Resource Development Inc (NASDAQ:CDEV)
Centennial Resource Development Inc (NASDAQ:CDEV) continues to post impressive revenue growth and its prospects have never been brighter. … Centennial Resource Development's balance sheet is robust, with high levels of cash generated from its core operating activities (0.67x debt) able to service its borrowings. … CDEV has high near term liquidity, with short term assets (cash and other liquid assets) amply covering upcoming one-year liabilities.
Simply Wall St - – Full articleCDEV Company Info
Description
Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of unconventional oil and associated liquids-rich natural gas reserves in the United States. The company’s assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks primarily in Reeves County in West Texas and Lea County in New Mexico. As of December 31, 2018, it leased or acquired approximately 80,223 net acres; and owned 1,597 net mineral acres in the Delaware Basin. The company was formerly known as Silver Run Acquisition Corporation and changed its name to Centennial Resource Development, Inc. in October 2016. Centennial Resource Development, Inc. was incorporated in 2015 and is headquartered in Denver, Colorado.
Details
| Name: | Centennial Resource Development, Inc. |
| CDEV | |
| Exchange: | NasdaqCM |
| Founded: | 2015 |
| $2,514,604,471 | |
| 264,416,874 | |
| Website: | http://www.cdevinc.com |
| Address: |
Centennial Resource Development, Inc. 1001 Seventeenth Street, Suite 1800, Denver, Colorado, 80202, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqCM | CDEV | Class A Common Stock | Nasdaq Capital Market | US | USD | 18. Apr 2016 | |
| DB | 241A | Class A Common Stock | Deutsche Boerse AG | DE | EUR | 18. Apr 2016 | |
| LSE | 0HVD | Class A Common Stock | London Stock Exchange | GB | USD | 18. Apr 2016 | |
| BMV | CDEV * | Class A Common Stock | Bolsa Mexicana de Valores | MX | MXN | 18. Apr 2016 |
Number of employees
Current staff
Industry
| Oil and Gas Exploration and Production | |
| Energy |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/23 06:35 |
| End of day share price update: | 2019/05/22 00:00 |
| Last estimates confirmation: | 2019/05/22 |
| Last earnings filing: | 2019/05/06 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
