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

COMMON STOCK | Oil & Gas E&P | NSD

Last Closing Price

USD 5.49

Change

0.00 (0.00)%

Market Cap

USD 1.54B

Volume

3.15M

Avg Analyst Target

USD 7.00 (+27.50%)

Avg User Target

USD
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, 2020, it leased or acquired approximately 81,657 net acres; and owned 1,472 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: 2021-07-25 )

Largest Industry Peers for Oil & Gas E&P

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OAS Oasis Petroleum Inc

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TELL Tellurian Inc

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XOG Extraction Oil & Gas, Inc

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TRCH Torchlight Energy Resources, I..

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DMLP Dorchester Minerals, L.P

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USD0.59B 23.95 23.15

ETFs Containing CDEV

Symbol Name Weight Mer Price(Change) Market Cap
PRFZ Invesco FTSE RAFI US 1500.. 0.00 % 0.39 %

N/A

USD2.01B
PXE Invesco Dynamic Energy Ex.. 0.00 % 0.63 %

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USD0.09B
FTXN First Trust Nasdaq Oil & .. 0.00 % 0.60 %

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USD0.07B

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 266.00% 89% B+ 99% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 266.00% 89% B+ 99% A+
Trailing 12 Months  
Capital Gain 510.00% 84% B 98% A+
Dividend Return N/A N/A N/A N/A N/A
Total Return 510.00% 84% B 98% A+
Trailing 5 Years  
Capital Gain -48.93% 33% F 12% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -48.93% 33% F 12% F
Average Annual (5 Year Horizon)  
Capital Gain 33.51% 84% B 78% C+
Dividend Return N/A N/A N/A N/A N/A
Total Return 33.51% 84% B 78% C+
Risk Return Profile  
Volatility (Standard Deviation) 239.06% 21% F 6% F
Risk Adjusted Return 14.02% 63% D 31% F
Market Capitalization 1.54B 74% C 71% 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 59% F 46% F
Price/Book Ratio 0.60 95% A 98% A+
Price / Cash Flow Ratio 8.98 21% F 40% F
EV/EBITDA 12.18 50% F 62% D-
Management Effectiveness  
Return on Equity -6.41% 72% C- 49% F
Return on Invested Capital 0.06% 47% F 54% F
Return on Assets -3.78% 63% D 36% F
Debt to Equity Ratio 41.04% 46% F 44% F
Technical Ratios  
Short Ratio 2.62 26% F 48% F
Short Percent 13.79% 11% F 13% F
Beta 6.59 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 Rating

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 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.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

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