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How to buy Centennial Resource Development (CDEV) stocks in Canada

Learn how to easily invest in Centennial Resource Development stocks.

Centennial Resource Development is an oil & gas e&p business based in the US. Centennial Resource Development stocks (CDEV.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $6.68 – a decrease of 4.61% over the previous week. Centennial Resource Development employs 151 staff and has a trailing 12-month revenue of around $861.6 million.

How to buy shares in Centennial Resource Development

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – CDEV – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Centennial Resource Development stock price (NASDAQ:CDEV)

Use our graph to track the performance of CDEV stocks over time.

Centennial Resource Development shares at a glance

Information last updated 2022-01-17.
Latest market close$7.24
52-week range$2.10 - $8.29
50-day moving average $6.70
200-day moving average $5.88
Wall St. target price$8.32
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.40

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Is it a good time to buy Centennial Resource Development stock?

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.

Centennial Resource Development price performance over time

Historical closes compared with the close of $7.24 from 2022-01-21

1 week (2022-01-13) -0.28%
1 month (2021-12-23) 17.34%
3 months (2021-10-22) 0.56%
6 months (2021-07-23) 31.88%
1 year (2021-01-22) 189.60%
2 years (2020-01-24) 100.55%
3 years (2019-01-24) 12.79
5 years (2017-01-24) 18.53

Is Centennial Resource Development under- or over-valued?

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 PEG ratio

Centennial Resource Development's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.9098. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Centennial Resource Development's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Centennial Resource Development's EBITDA

Centennial Resource Development's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $324.6 million.

The EBITDA is a measure of a Centennial Resource Development's overall financial performance and is widely used to measure a its profitability.

Centennial Resource Development financials

Revenue TTM $861.6 million
Gross profit TTM $360.4 million
Return on assets TTM -0.48%
Return on equity TTM -4.22%
Profit margin -12.91%
Book value $9.12
Market capitalisation $2.2 billion

TTM: trailing 12 months

Centennial Resource Development share dividends

We're not expecting Centennial Resource Development to pay a dividend over the next 12 months.

Centennial Resource Development share price volatility

Over the last 12 months, Centennial Resource Development's shares have ranged in value from as little as $2.1 up to $8.29. 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 6.0512. 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 overview

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, 2020, it leased or acquired approximately 81,657 net acres; and owned 1,472 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.

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