CDEV:NSD-Centennial Resource Development, Inc (USD)

COMMON STOCK | Oil & Gas E&P | NSD

Last Closing Price

USD 2.31

Change

-0.08 (-3.35)%

Market Cap

USD 0.67B

Volume

7.55M

Average Target Price

USD 0.94 (-59.42%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

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 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, 2019, it leased or acquired approximately 78,195 net acres; and owned 1,569 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. Centennial Resource Development, Inc. was incorporated in 2015 and is headquartered in Denver, Colorado.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-01-20 )

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ETFs Containing CDEV

Symbol Name Weight Mer Price(Change) Market Cap
FYX:LSE First Trust US Small Cap .. 0.00 % 0.75 %

+0.23 (+0.71%)

USD1.47M

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 54.00% 86% B 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 54.00% 86% B 95% A
Trailing 12 Months  
Capital Gain -44.27% 38% F 6% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -44.27% 38% F 5% F
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain -28.17% 15% F 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -28.17% 10% F 4% F
Risk Return Profile  
Volatility (Standard Deviation) 48.13% 55% F 25% F
Risk Adjusted Return -58.53% 35% F 10% F
Market Capitalization 0.67B 76% C 57% F
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%

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 44% F 50% F
Price/Book Ratio 0.26 86% B 99% A+
Price / Cash Flow Ratio 1.18 57% F 57% F
EV/EBITDA 2.67 88% B+ 89% B+
Management Effectiveness  
Return on Equity -19.76% 74% C 35% F
Return on Invested Capital 4.56% 76% C 58% F
Return on Assets -10.83% 38% F 27% F
Debt to Equity Ratio 32.45% 88% B+ 54% F
Technical Ratios  
Short Ratio 1.48 50% F 65% D
Short Percent 6.36% 43% F 33% F
Beta 6.83 5% 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 Rating

Target Price Action Rating Action Analyst Rating Price Date

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:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

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.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow 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.

Superior Revenue Growth

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

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

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.