Centennial Resource Development, Inc. (CDEV): Price and Financial Metrics
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CDEV POWR Grades
- Momentum is the dimension where CDEV ranks best; there it ranks ahead of 99.98% of US stocks.
- CDEV's strongest trending metric is Stability; it's been moving up over the last 179 days.
- CDEV ranks lowest in Stability; there it ranks in the 14th percentile.
CDEV Stock Summary
- Of note is the ratio of Centennial Resource Development Inc's sales and general administrative expense to its total operating expenses; merely 10.06% of US stocks have a lower such ratio.
- As for revenue growth, note that CDEV's revenue has grown 77.43% over the past 12 months; that beats the revenue growth of 89.13% of US companies in our set.
- Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for CDEV comes in at 11.12% -- higher than that of 85.54% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to Centennial Resource Development Inc are JBGS, HUSA, ESTE, BSM, and SII.
- Visit CDEV's SEC page to see the company's official filings. To visit the company's web site, go to www.cdevinc.com.
CDEV Valuation Summary
- In comparison to the median Energy stock, CDEV's price/sales ratio is 33.33% higher, now standing at 2.
- CDEV's price/sales ratio has moved down 4.9 over the prior 66 months.
- Over the past 66 months, CDEV's price/sales ratio has gone down 4.9.
Below are key valuation metrics over time for CDEV.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| CDEV | 2021-09-03 | 2.0 | 0.6 | -7.2 | -19.0 |
| CDEV | 2021-09-02 | 2.0 | 0.6 | -7.4 | -19.3 |
| CDEV | 2021-09-01 | 1.9 | 0.6 | -7.0 | -18.8 |
| CDEV | 2021-08-31 | 2.0 | 0.6 | -7.1 | -18.9 |
| CDEV | 2021-08-30 | 1.9 | 0.6 | -7.0 | -18.8 |
| CDEV | 2021-08-27 | 2.0 | 0.6 | -7.2 | -19.1 |
CDEV's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- CDEV has a Quality Grade of C, ranking ahead of 70.23% of graded US stocks.
- CDEV's asset turnover comes in at 0.223 -- ranking 107th of 137 Petroleum and Natural Gas stocks.
- CLR, TREC, and BCEI are the stocks whose asset turnover ratios are most correlated with CDEV.
The table below shows CDEV's key quality metrics over time.
| Period | Asset Turnover | Gross Margin | ROIC |
|---|---|---|---|
| 2021-09-30 | 0.223 | 0.784 | -0.010 |
| 2021-06-30 | 0.187 | 0.755 | -0.028 |
| 2021-03-31 | 0.149 | 0.694 | -0.021 |
| 2020-12-31 | 0.146 | 0.689 | -0.142 |
| 2020-09-30 | 0.165 | 0.715 | -0.118 |
| 2020-06-30 | 0.176 | 0.720 | -0.106 |
CDEV Price Target
For more insight on analysts targets of CDEV, see our CDEV price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
| Average Price Target | $6.64 | Average Broker Recommendation | 2.03 (Hold) |
CDEV Stock Price Chart Interactive Chart >
CDEV Price/Volume Stats
| Current price | $7.39 | 52-week high | $9.58 |
| Prev. close | $7.10 | 52-week low | $3.90 |
| Day low | $7.14 | Volume | 7,406,200 |
| Day high | $7.46 | Avg. volume | 10,050,734 |
| 50-day MA | $8.09 | Dividend yield | N/A |
| 200-day MA | $7.12 | Market Cap | 2.10B |
Centennial Resource Development, Inc. (CDEV) Company Bio
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, 2019, it leased or acquired approximately 78,195 net acres; and owned 1,569 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.
Latest CDEV News From Around the Web
Below are the latest news stories about Centennial Resource Development Inc that investors may wish to consider to help them evaluate CDEV as an investment opportunity.
Centennial Resource Development Launches Shareholder Return Program and Announces Full Year 2021 Results and 2022 GuidanceDENVER, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced the establishment of a share repurchase program, its 2021 financial and operational results, and 2022 operational plans. Shareholder Return Program Announced $350 million stock repurchase programSupported by robust two-year outlook and resilient through commodity price cycles Recent Financial and Operational Highlights Generated record free cash flow1 of |
Centennial Resource Q4 2021 Earnings PreviewCentennial Resource (NASDAQ:CDEV) is scheduled to announce Q4 earnings results on Tuesday, February 22nd, before market open. The consensus EPS Estimate is $0.31 (vs.-$0.32 Y/Y) and the consensus Revenue Estimate is $285.48M (+92.8% Y/Y). Over the last 1 year, CDEV has beaten EPS estimates 25% of the time and has... |
Centennial Resource Development, Inc. Announces Fourth Quarter and Full Year 2021 Earnings Conference CallDENVER, Feb. 14, 2022 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) announced today that it will report fourth quarter and full year 2021 financial and operating results after the market closes for trading on February 23, 2022. Management will host an earnings conference call on February 24, 2022 at 8:00 a.m. Mountain (10:00 a.m. Eastern). Interested parties are invited to participate on the call by dialing (844) 348-0017, or (213) 358-0 |
Enbridge (ENB) to Develop Carbon Storage Project in AlbertaEnbridge (ENB) will develop the Open Access Wabamun Carbon Hub, which will be one of the largest integrated carbon transportation and storage projects globally. |
Equinor (EQNR) Announces Impact Assessment for Wisting ProjectEquinor (EQNR) and its partners intend to finalize the plan for development and operation by the end of 2022. |
CDEV Price Returns
| 1-mo | -6.57% |
| 3-mo | -11.07% |
| 6-mo | 19.39% |
| 1-year | 38.39% |
| 3-year | -12.44% |
| 5-year | -53.40% |
| YTD | 23.58% |
| 2021 | 298.67% |
| 2020 | -67.53% |
| 2019 | -58.08% |
| 2018 | -44.34% |
| 2017 | 0.41% |
Continue Researching CDEV
Want to do more research on Centennial Resource Development Inc's stock and its price? Try the links below:Centennial Resource Development Inc (CDEV) Stock Price | Nasdaq
Centennial Resource Development Inc (CDEV) Stock Quote, History and News - Yahoo Finance
Centennial Resource Development Inc (CDEV) Stock Price and Basic Information | MarketWatch
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