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CDEV News and Press, Centennial Resource Development Inc. From 12/04/21

Stock Information

Company Name: Centennial Resource Development Inc.
Stock Symbol: CDEV
Market: NASDAQ
Website: permianres.com

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CDEV - Centennial Resource Likely To Generate Over $300 Million In Positive Cash Flow At $65 WTI Oil

Centennial is projected to generate $317 million in positive cash flow in 2022 at $65 WTI oil. This would help reduce its leverage below 1.0x by the end of 2022. Big Chief and Colgate Energy transactions point to a value of near $7,000 per net acre for land once production value i...

CDEV - Centennial Resource Development Announces Closing of Non-Core Asset Divestiture

DENVER, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced it has closed the previously announced sale of non-core assets to affiliates of Henry Resources, LLC and Pickering Energ...

CDEV - CPE, SABR and LPI among mid-day movers

Gainers: iSpecimen (NASDAQ:ISPC) +115%. Biofrontera (NASDAQ:BFRI) +68%. Allied Healthcare Products (NASDAQ:AHPI) +56%. NRx Pharmaceuticals (NASDAQ:NRXP) +52%. Adagio (NASDAQ:ADGI) +31%. Alpha Pro Tech (NYSE:APT) +23%. 180 Life Sciences (NASDAQ:ATNF) +20%. Moderna (NASDAQ:MRNA) +22%. SAB Bioth...

CDEV - Three Trades To Play The 'Black Friday Massacre' And A Fear Of A Covid Strain

Markets sold off sharply early on Friday on fears of a new Covid-19 strain. But these fears may prove overblown, and one should look for opportunity in markets. Oil and gas stocks, the travel and hospitality sector, and "short volatility" trades could all be good ideas today and e...

CDEV - Centennial Resource Development, inc (CDEV) Q3 2021 Earnings Call Transcript

Image source: The Motley Fool. Centennial Resource Development, inc (NASDAQ: CDEV) Q3 2021 Earnings Call Nov 4, 2021 , 10:00 a.m. ET Operator Continue reading For further details see: Centennial Resource Development, inc (CDEV) Q3 2021 Ea...

CDEV - Centennial Resource Development, Inc.'s (CDEV) CEO Sean Smith on Q3 2021 Results - Earnings Call Transcript

Centennial Resource Development, Inc. (CDEV) Q3 2021 Earnings Conference Call November 04, 2021, 08:00 AM ET Company Participants Hays Mabry - Director, Investor Relations Sean Smith - Chief Executive Officer George Glyphis - Executive Vice President and Chief Financial Officer Matt Garrison ...

CDEV - Why Centennial Resource Development Stock Rallied 10.5% at the Open Today

Shares of U.S. exploration and production (E&P) company Centennial Resource Development (NASDAQ: CDEV) rose 10.5% in the first few minutes of trading on Nov. 4. About a half hour into the market day the stock was sitting at a roughly 8% gain. The big news was the energy compan...

CDEV - Centennial Resource Development, Inc. 2021 Q3 - Results - Earnings Call Presentation

The following slide deck was published by Centennial Resource Development, Inc. in conjunction with their 2021 Q3 earnings call. For further details see: Centennial Resource Development, Inc. 2021 Q3 - Results - Earnings Call Presentation

CDEV - Centennial Resource EPS misses by $0.08, beats on revenue

Centennial Resource (NASDAQ:CDEV): Q3 GAAP EPS of $0.12 misses by $0.08. Revenue of $288.51M (+93.5% Y/Y) beats by $37M. Based on recent operational results, Centennial increased its 2021 total company and oil production guidance by 3% and 2%, respectively.  Shares +1.3%. Press Release ...

CDEV - Centennial Resource Development Announces Third Quarter 2021 Results, Non-Core Divestiture and Increases 2021 Production Targets

DENVER, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced third quarter 2021 financial and operational results. Recent Financial and Operational Highlights Genera...

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