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Centennial Resource Development, Inc is an oil & gas e&p business based in the US. Centennial Resource Development shares (CDEV) are listed on the NASDAQ and all prices are listed in US Dollars. Centennial Resource Development employs 195 staff and has a trailing 12-month revenue of around USD$768.8 million.
|Latest market close||USD$0.809|
|52-week range||USD$0.2352 - USD$5.35|
|50-day moving average||USD$0.6338|
|200-day moving average||USD$0.815|
|Wall St. target price||USD$1.21|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.14|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-25)||-36.30%|
|1 month (2020-11-06)||31.33%|
|3 months (2020-09-04)||31.76%|
|6 months (2020-06-05)||-45.70%|
|1 year (2019-12-05)||-76.28%|
|2 years (2018-12-04)||-94.93%|
|3 years (2017-12-05)||-95.84%|
|5 years (2015-12-02)||N/A|
Valuing Centennial Resource Development stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Centennial Resource Development's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Centennial Resource Development's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 20x. In other words, Centennial Resource Development shares trade at around 20x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Centennial Resource Development's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$376 million.
The EBITDA is a measure of a Centennial Resource Development's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$768.8 million|
|Gross profit TTM||USD$662.3 million|
|Return on assets TTM||-10.17%|
|Return on equity TTM||-17.96%|
|Market capitalisation||USD$177.4 million|
TTM: trailing 12 months
There are currently 17.4 million Centennial Resource Development shares held short by investors – that's known as Centennial Resource Development's "short interest". This figure is 6.3% up from 16.4 million last month.
There are a few different ways that this level of interest in shorting Centennial Resource Development shares can be evaluated.
Centennial Resource Development's "short interest ratio" (SIR) is the quantity of Centennial Resource Development shares currently shorted divided by the average quantity of Centennial Resource Development shares traded daily (recently around 8.6 million). Centennial Resource Development's SIR currently stands at 2.02. In other words for every 100,000 Centennial Resource Development shares traded daily on the market, roughly 2020 shares are currently held short.
However Centennial Resource Development's short interest can also be evaluated against the total number of Centennial Resource Development shares, or, against the total number of tradable Centennial Resource Development shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Centennial Resource Development's short interest could be expressed as 0.06% of the outstanding shares (for every 100,000 Centennial Resource Development shares in existence, roughly 60 shares are currently held short) or 0.1115% of the tradable shares (for every 100,000 tradable Centennial Resource Development shares, roughly 112 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Centennial Resource Development.
Find out more about how you can short Centennial Resource Development stock.
We're not expecting Centennial Resource Development to pay a dividend over the next 12 months.
Over the last 12 months, Centennial Resource Development's shares have ranged in value from as little as $0.2352 up to $5.35. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Centennial Resource Development's is 6.7094. This would suggest that Centennial Resource Development's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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.
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