CDEV:NSD-Centennial Resource Development Inc (USD)

COMMON STOCK | Oil & Gas E&P | NSD

Last Closing Price

USD 5.49

Change

-0.49 (-8.19)%

Market Cap

USD 1.70B

Volume

0.01B

Avg Analyst Target

USD 10.29 (+87.45%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


CDEV Stock Forecast & Price:
Based on the Centennial Resource Development Inc stock forecasts from 7 analysts, the average analyst target price for Centennial Resource Development Inc is USD 10.29 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 5.49. Centennial Resource Development Inc’s stock price has changed by -19.38% over the past week, -36.09% over the past month and -20.20% over the last year.

About Centennial Resource Development Inc (CDEV:NSD)

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 c ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-07-05 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
FANG Diamondback Energy Inc

-7.07 (-5.83%)

USD21.28B 7.90 5.26
APA APA Corporation

-2.62 (-7.41%)

USD11.96B 5.05 3.37
CHK Chesapeake Energy Corp

-6.19 (-7.47%)

USD10.54B 0.37 -1.61
PDCE PDC Energy Inc

-4.31 (-7.03%)

USD6.08B 12.30 5.53
NBL Noble Energy, Inc

N/A

USD4.10B 8.30 16.58
OAS Oasis Petroleum Inc

-6.88 (-6.29%)

USD2.15B 8.90 4.90
XOG Extraction Oil & Gas Inc

N/A

USD1.77B 2.74 N/A
DMLP Dorchester Minerals LP

-0.11 (-0.45%)

USD0.92B 10.14 10.98
CLMT Calumet Specialty Products Par..

-1.23 (-12.04%)

USD0.81B 23.06 -57.81
TRCH Torchlight Energy Resources, I..

N/A

USD0.79B 8.60 N/A

ETFs Containing CDEV

Symbol Name Weight Mer Price(Change) Market Cap
DWAS Invesco DWA SmallCap Mome.. 0.00 % 0.60 %

-1.21 (-1.78%)

USD0.37B
PRFZ Invesco FTSE RAFI US 1500.. 0.00 % 0.39 %

+0.24 (+0.15%)

USD1.88B
FTXN First Trust Nasdaq Oil & .. 0.00 % 0.60 %

-1.25 (-5.27%)

USD1.32B
PQSG PGIM ETF Trust - PGIM QMA.. 0.00 % 0.29 %

N/A

USD0.01B

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 -8.19% 24% F 68% D+
Dividend Return N/A N/A N/A N/A N/A
Total Return -8.19% 18% F 67% D+
Trailing 12 Months  
Capital Gain -17.69% 18% F 58% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -17.69% 18% F 56% F
Trailing 5 Years  
Capital Gain -63.55% 23% F 16% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -63.55% 23% F 15% F
Average Annual (5 Year Horizon)  
Capital Gain 114.69% 88% B+ 95% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 114.69% 88% B+ 95% A
Risk Return Profile  
Volatility (Standard Deviation) 320.96% 19% F 4% F
Risk Adjusted Return 35.73% 56% F 67% D+
Market Capitalization 1.70B 71% C- 78% 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 9.97 40% F 68% D+
Price/Book Ratio 0.68 94% A 88% B+
Price / Cash Flow Ratio 3.24 65% D 43% F
EV/EBITDA 4.86 41% F 41% F
Management Effectiveness  
Return on Equity 7.08% 47% F 60% D-
Return on Invested Capital 10.21% 41% F 75% C
Return on Assets 3.75% 53% F 75% C
Debt to Equity Ratio 30.01% 62% D- 52% F
Technical Ratios  
Dividend Yield N/A N/A N/A N/A N/A
Short Ratio 3.57 29% F 48% F
Short Percent 18.87% 6% F 9% F
Beta 5.24 12% F 1% 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%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

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.

Poor return on equity

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

Poor capital utilization

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

Overpriced on free cash flow basis

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