Permian Resources (CDEV) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: N/A
• 50-Day Range: $5.33 to $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

CDEV Stock Analysis - Frequently Asked Questions

How were Permian Resources' earnings last quarter?

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

What other stocks do shareholders of Permian Resources own?

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: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Crude Petroleum & Natural Gas
• Sub-Industry: N/A
• Current Symbol: NASDAQ:CDEV
• CUSIP: N/A
• CIK: 1658566
• Web: www.cdevinc.com
• Phone: (720) 499-1400
• Fax: N/A
• Employees: 147
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.28
• Trailing P/E Ratio: 5.95
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $138.18 million
• Net Margins: 28.46%
• Pretax Margin: 31.89%
• Return on Equity: 18.68%
• Return on Assets: 13.04%

Debt

• Debt-to-Equity Ratio: 0.27
• Current Ratio: 1.11
• Quick Ratio: 1.11

Sales & Book Value

• Annual Sales: $1.03 billion
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 4.98
• Book Value: $10.43 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 284,810,000
• Free Float: 201,645,000
• Market Cap: $2.17 billion
• Optionable: Optionable
• Beta: 4.90