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CENTENNIAL RESOURCE DEVELOPMENT, INC.

(CDEV)
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Centennial Resource: 4Q Earnings Snapshot

02/23/2021 | 05:56pm EDT

DENVER (AP) _ Centennial Resource Development, Inc. (CDEV) on Tuesday reported a fourth-quarter loss of $88.7 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Denver-based company said it had a loss of 32 cents. Losses, adjusted for asset impairment costs, came to 17 cents per share.

The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 9 cents per share.

The company posted revenue of $148.1 million in the period, which beat Street forecasts. Five analysts surveyed by Zacks expected $141.4 million.

In the final minutes of trading on Tuesday, the company's shares hit $3.87. A year ago, they were trading at $2.67.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CDEV at https://www.zacks.com/ap/CDEV

Copyright by Automated Insights, Inc. All rights reserved., source Associated Press News

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Financials (USD)
Sales 2021 847 M - -
Net income 2021 70,4 M - -
Net Debt 2021 928 M - -
P/E ratio 2021 18,4x
Yield 2021 -
Capitalization 1 533 M 1 533 M -
EV / Sales 2021 2,91x
EV / Sales 2022 2,40x
Nbr of Employees -
Free-Float 62,8%
Chart CENTENNIAL RESOURCE DEVELOPMENT, INC.
Duration : Period :
Centennial Resource Development, Inc. Technical Analysis Chart | CDEV | US15136A1025 | MarketScreener
Technical analysis trends CENTENNIAL RESOURCE DEVELOPMENT, INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 15
Last Close Price 5,49 $
Average target price 6,41 $
Spread / Average Target 16,7%
EPS Revisions
Managers and Directors
Sean R. Smith Chief Executive Officer & Director
George S. Glyphis Chief Financial Officer & Vice President
Steven J. Shapiro Non-Executive Chairman
Colleen C. Proctor Vice President-Information Technology
Matthew R. Garrison Chief Operating Officer & Vice President
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