CDEV:NSD-Centennial Resource Development Inc (USD)

COMMON STOCK | Oil & Gas E&P | NSD

Last Closing Price

USD 5.84

Change

+0.09 (+1.57)%

Market Cap

USD 1.80B

Volume

0.01B

Avg Analyst Target

USD 7.08 (+21.29%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


Centennial Resource Development Inc (CDEV) Stock Analysis:
Based on the Centennial Resource Development Inc stock forecasts from 7 analysts, the average analyst target price for Centennial Resource Development Inc is USD 7.08 over the next 12 months. Centennial Resource Development Inc’s average analyst rating is Buy . Stock Target Advisor’s own stock analysis of Centennial Resource Development Inc is Slightly Bearish, which is based on 4 positive signals and 5 negative signals. At the last closing, Centennial Resource Development Inc’s stock price was USD 5.84. Centennial Resource Development Inc’s stock price has changed by -1.34 % over the past week, -1.67 % over the past month and +356.25 % over the last year.

About

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 th ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2021-12-02 )

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ETFs Containing CDEV

Symbol Name Weight Mer Price(Change) Market Cap

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 289.33% 89% B+ 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 289.33% 89% B+ 98% A+
Trailing 12 Months  
Capital Gain 356.25% 94% A 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 356.25% 94% A 98% A+
Trailing 5 Years  
Capital Gain -67.66% 21% F 11% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -67.66% 21% F 10% F
Average Annual (5 Year Horizon)  
Capital Gain 95.51% 84% B 93% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 95.51% 84% B 93% A
Risk Return Profile  
Volatility (Standard Deviation) 320.62% 26% F 5% F
Risk Adjusted Return 29.79% 58% F 43% F
Market Capitalization 1.80B 74% C 75% C
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 19.67 47% F 44% F
Price/Book Ratio 0.70 95% A 95% A
Price / Cash Flow Ratio 10.53 16% F 34% F
EV/EBITDA 11.95 41% F 55% F
Management Effectiveness  
Return on Equity -4.22% 56% F 48% F
Return on Invested Capital 0.06% 58% F 53% F
Return on Assets -0.48% 63% D 44% F
Debt to Equity Ratio 41.04% 46% F 43% F
Technical Ratios  
Short Ratio 5.82 16% F 23% F
Short Percent 18.22% 5% F 8% F
Beta 6.11 11% F 0% N/A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector