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CDEV - Centennial Resource GAAP EPS of $0.51 beats by $0.23 revenue of $316.42M beats by $30.94M
Centennial Resource Development Inc.
Centennial Resource press release (NASDAQ:CDEV): Q4 GAAP EPS of $0.51 beats by $0.23. Revenue of $316.42M (+113.7% Y/Y) beats by $30.94M. Shares +3.17%. 2022 Financial and Operational Plan: Expect to generate over $400 million in free cash flow assuming current strip pricing Plan to maintain two-rig drilling program. Expect to deliver 10% to 15% crude oil production growth year-over-year, adjusted for recent divestiture.