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NASDAQ:CDEV

Permian Resources (CDEV) Stock Price, News & Analysis

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About Permian Resources Stock (NASDAQ:CDEV)

Key Stats

Today's Range
N/A
50-Day Range
$5.33
$8.67
52-Week Range
N/A
Volume
976,167 shs
Average Volume
9.77 million shs
Market Capitalization
$2.17 billion
P/E Ratio
5.95
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 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. The company was incorporated in 2015 and is headquartered in Denver, Colorado.

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CDEV Stock News Headlines

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Permian Resources Reports Strong Q3 and Guidance Boost
Permian Resources price target raised to $18 from $17 at TD Cowen
See More Headlines

CDEV Stock Analysis - Frequently Asked Questions

Permian Resources Co. (NASDAQ:CDEV) released its earnings results on Wednesday, November, 3rd. The oil and natural gas company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.21 by $0.09. The oil and natural gas company earned $288.51 million during the quarter, compared to analysts' expectations of $247.86 million. Permian Resources had a trailing twelve-month return on equity of 18.68% and a net margin of 28.46%.

Based on aggregate information from My MarketBeat watchlists, some other companies that Permian Resources investors own include Meta Platforms (META), NVIDIA (NVDA), Occidental Petroleum (OXY), Callon Petroleum (CPE), Devon Energy (DVN), Carnival Co. & (CCL) and AMC Entertainment (AMC).

Company Calendar

Last Earnings
11/03/2021
Today
11/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude Petroleum & Natural Gas
Sub-Industry
N/A
Current Symbol
NASDAQ:CDEV
Fax
N/A
Employees
147
Year Founded
N/A

Profitability

Net Income
$138.18 million
Pretax Margin
31.89%

Debt

Sales & Book Value

Annual Sales
$1.03 billion
Book Value
$10.43 per share

Miscellaneous

Free Float
201,645,000
Market Cap
$2.17 billion
Optionable
Optionable
Beta
4.90
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This page (NASDAQ:CDEV) was last updated on 11/15/2024 by MarketBeat.com Staff
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