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CDEV

Centennial Resource Development NasdaqCM:CDEV Stock Report

Last Price

US$7.14

Market Cap

US$2.0b

7D

3.6%

1Y

67.6%

Updated

17 Aug, 2022

Data

Company Financials +
CDEV fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance3/6
Financial Health4/6
Dividends0/6

CDEV Stock Overview

Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States.

Centennial Resource Development, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Centennial Resource Development
Historical stock prices
Current Share PriceUS$7.14
52 Week HighUS$9.70
52 Week LowUS$3.90
Beta4.92
1 Month Change24.61%
3 Month Change3.03%
1 Year Change67.61%
3 Year Change51.92%
5 Year Change-57.85%
Change since IPO-28.60%

Recent News & Updates

Shareholder Returns

CDEVUS Oil and GasUS Market
7D3.6%2.7%1.1%
1Y67.6%64.7%-9.0%

Return vs Industry: CDEV exceeded the US Oil and Gas industry which returned 59.6% over the past year.

Return vs Market: CDEV exceeded the US Market which returned -8.9% over the past year.

Price Volatility

Is CDEV's price volatile compared to industry and market?
CDEV volatility
CDEV Average Weekly Movement10.5%
Oil and Gas Industry Average Movement8.8%
Market Average Movement7.6%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: CDEV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: CDEV's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2015147Sean Smithhttps://www.cdevinc.com

Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company’s properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico.

Centennial Resource Development, Inc. Fundamentals Summary

How do Centennial Resource Development's earnings and revenue compare to its market cap?
CDEV fundamental statistics
Market CapUS$2.04b
Earnings (TTM)US$405.50m
Revenue (TTM)US$1.42b

5.0x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CDEV income statement (TTM)
RevenueUS$1.42b
Cost of RevenueUS$307.16m
Gross ProfitUS$1.12b
Other ExpensesUS$712.19m
EarningsUS$405.50m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.42
Gross Margin78.44%
Net Profit Margin28.46%
Debt/Equity Ratio27.0%

How did CDEV perform over the long term?

See historical performance and comparison