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Centennial Resource Development

Nasdaq:CDEV
Snowflake Description

Reasonable growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CDEV
Nasdaq
$907M
Market Cap
  1. Home
  2. US
  3. Energy
Company description

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 last earnings update was 18 days ago. More info.


Add to Portfolio Compare Print
  • Centennial Resource Development has significant price volatility in the past 3 months.
CDEV Share Price and Events
7 Day Returns
-1.2%
NasdaqCM:CDEV
-1.8%
US Oil and Gas
0.5%
US Market
1 Year Returns
-79.5%
NasdaqCM:CDEV
-13.9%
US Oil and Gas
16.1%
US Market
CDEV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Centennial Resource Development (CDEV) -1.2% -10.4% -23.5% -79.5% -78.5% -
US Oil and Gas -1.8% 0% 1.9% -13.9% -18.5% -34.4%
US Market 0.5% 3.9% 6.6% 16.1% 37.7% 43.7%
1 Year Return vs Industry and Market
  • CDEV underperformed the Oil and Gas industry which returned -13.9% over the past year.
  • CDEV underperformed the Market in United States of America which returned 16.1% over the past year.
Price Volatility
CDEV
Industry
5yr Volatility vs Market

CDEV Value

 Is Centennial Resource Development undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Centennial Resource Development. This is due to cash flow or dividend data being unavailable. The share price is $3.29.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Centennial Resource Development's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Centennial Resource Development's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:CDEV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $0.14
NasdaqCM:CDEV Share Price ** NasdaqCM (2019-11-21) in USD $3.29
United States of America Oil and Gas Industry PE Ratio Median Figure of 99 Publicly-Listed Oil and Gas Companies 9.98x
United States of America Market PE Ratio Median Figure of 2,917 Publicly-Listed Companies 18.02x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Centennial Resource Development.

NasdaqCM:CDEV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:CDEV Share Price ÷ EPS (both in USD)

= 3.29 ÷ 0.14

23.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Centennial Resource Development is overvalued based on earnings compared to the US Oil and Gas industry average.
  • Centennial Resource Development is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Centennial Resource Development's expected growth come at a high price?
Raw Data
NasdaqCM:CDEV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts
46.7%per year
United States of America Oil and Gas Industry PEG Ratio Median Figure of 83 Publicly-Listed Oil and Gas Companies 0.24x
United States of America Market PEG Ratio Median Figure of 2,043 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

NasdaqCM:CDEV PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 23.45x ÷ 46.7%

0.5x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Centennial Resource Development is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Centennial Resource Development's assets?
Raw Data
NasdaqCM:CDEV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $11.76
NasdaqCM:CDEV Share Price * NasdaqCM (2019-11-21) in USD $3.29
United States of America Oil and Gas Industry PB Ratio Median Figure of 187 Publicly-Listed Oil and Gas Companies 0.83x
United States of America Market PB Ratio Median Figure of 5,089 Publicly-Listed Companies 1.75x
NasdaqCM:CDEV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:CDEV Share Price ÷ Book Value per Share (both in USD)

= 3.29 ÷ 11.76

0.28x

* Primary Listing of Centennial Resource Development.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Centennial Resource Development is good value based on assets compared to the US Oil and Gas industry average.
X
Value checks
We assess Centennial Resource Development's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Centennial Resource Development has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

CDEV Future Performance

 How is Centennial Resource Development expected to perform in the next 1 to 3 years based on estimates from 17 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
46.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Centennial Resource Development expected to grow at an attractive rate?
  • Centennial Resource Development's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Centennial Resource Development's earnings growth is expected to exceed the United States of America market average.
  • Centennial Resource Development's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:CDEV Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:CDEV Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 17 Analysts 46.7%
NasdaqCM:CDEV Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 17 Analysts 8.2%
United States of America Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 15.8%
United States of America Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:CDEV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:CDEV Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,263 787 188 3
2022-12-31 1,191 736 179 3
2021-12-31 1,088 678 101 10
2020-12-31 991 576 70 17
2019-12-31 920 528 12 16
2019-11-22
NasdaqCM:CDEV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 910 560 37
2019-06-30 916 626 80
2019-03-31 890 639 126
2018-12-31 891 670 200
2018-09-30 835 617 199
2018-06-30 711 491 175
2018-03-31 585 372 132
2017-12-31 430 260 76
2017-09-30 297 147 73
2017-06-30 213 119 53
2017-03-31 145 62 16
2016-12-31 99 61 -8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Centennial Resource Development's earnings are expected to grow significantly at over 20% yearly.
  • Centennial Resource Development's revenue is expected to grow by 8.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:CDEV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below

All data from Centennial Resource Development Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CDEV Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31 0.68 0.84 0.46 3.00
2022-12-31 0.61 0.70 0.45 3.00
2021-12-31 0.44 0.63 0.17 8.00
2020-12-31 0.27 0.61 0.01 14.00
2019-12-31 0.07 0.16 0.02 11.00
2019-11-22
NasdaqCM:CDEV Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 0.14
2019-06-30 0.30
2019-03-31 0.48
2018-12-31 0.76
2018-09-30 0.76
2018-06-30 0.67
2018-03-31 0.53
2017-12-31 0.32
2017-09-30 0.22
2017-06-30 0.20
2017-03-31 0.08
2016-12-31 -0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Centennial Resource Development is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Centennial Resource Development's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Centennial Resource Development has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

CDEV Past Performance

  How has Centennial Resource Development performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Centennial Resource Development's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Centennial Resource Development has delivered over 20% year on year earnings growth in the past 5 years.
  • Centennial Resource Development's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Centennial Resource Development's 1-year earnings growth is negative, it can't be compared to the US Oil and Gas industry average.
Earnings and Revenue History
Centennial Resource Development's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Centennial Resource Development Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:CDEV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 910.44 37.16 86.41
2019-06-30 916.19 80.03 82.78
2019-03-31 889.72 125.70 76.16
2018-12-31 891.05 199.90 73.27
2018-09-30 834.67 199.46 76.84
2018-06-30 711.40 174.61 72.50
2018-03-31 584.70 131.84 69.93
2017-12-31 429.90 75.57 64.26
2017-09-30 296.82 72.72 49.69
2017-06-30 212.53 53.14 40.01
2017-03-31 144.81 16.25 28.64
2016-12-31 98.83 -8.04 20.24
2015-12-31 90.46 -38.33 14.29
2014-12-31 131.83 17.79 36.47

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Centennial Resource Development has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Centennial Resource Development used its assets less efficiently than the US Oil and Gas industry average last year based on Return on Assets.
  • Centennial Resource Development has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Centennial Resource Development's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Centennial Resource Development has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

CDEV Health

 How is Centennial Resource Development's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Centennial Resource Development's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Centennial Resource Development's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Centennial Resource Development's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Centennial Resource Development's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Centennial Resource Development Company Filings, last reported 1 month ago.

NasdaqCM:CDEV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 3,253.81 1,001.87 10.93
2019-06-30 3,267.24 881.35 28.44
2019-03-31 3,241.52 880.86 89.48
2018-12-31 3,243.87 691.63 18.16
2018-09-30 3,205.21 531.39 58.92
2018-06-30 3,158.20 421.15 42.72
2018-03-31 3,085.72 390.92 38.22
2017-12-31 3,003.97 390.76 117.32
2017-09-30 2,946.04 165.00 2.58
2017-06-30 2,925.95 35.00
2017-03-31 2,566.25 0.00 54.87
2016-12-31 2,552.94 0.00 134.08
2015-12-31 450.86 138.65 1.77
2014-12-31
  • Centennial Resource Development's level of debt (30.8%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Centennial Resource Development's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (55.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.3x coverage).
X
Financial health checks
We assess Centennial Resource Development's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Centennial Resource Development has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

CDEV Dividends

 What is Centennial Resource Development's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Centennial Resource Development dividends. Estimated to be 0% next year.
If you bought $2,000 of Centennial Resource Development shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Centennial Resource Development's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Centennial Resource Development's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:CDEV Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 17 Analyst Estimates (S&P Global) See Below
United States of America Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 67 Stocks 4.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1954 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:CDEV Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 2.00
2020-12-31 0.00 3.00
2019-12-31 0.00 3.00
2019-11-22

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Centennial Resource Development has not reported any payouts.
  • Unable to verify if Centennial Resource Development's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Centennial Resource Development's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Centennial Resource Development has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Centennial Resource Development's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Centennial Resource Development's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Centennial Resource Development afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Centennial Resource Development has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

CDEV Management

 What is the CEO of Centennial Resource Development's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mark Papa
COMPENSATION $2,693,240
AGE 72
TENURE AS CEO 4 years
CEO Bio

Mr. Mark G. Papa has been the Chief Executive Officer at Centennial Resource Development, Inc., (Formerly, Silver Run Acquisition Corporation) since November 2015 and has been its Chairman since October 12, 2016. Mr. Papa serves as the President of Centennial Resource Development, Inc. He serves as Senior Advisor at Riverstone Holdings LLC since October 2019. He served as a Partner at Riverstone Holdings LLC till October 2019. He joined Riverstone Holdings in 2015. Mr. Papa served as the Chief Executive Officer and Chairman of EOG Resources Inc., from September 1998 to July 1, 2013. He worked 32 years for EOG in various management positions Mr. Papa served as the Chief Operating Officer at EOG Resources Inc., from September 1997 to September 1998 and President, since December 1996. He served as the President of North America Operations at EOG Resources Inc., from February 1994 to September 1998. He serves as Chairman of Board at Schlumberger Limited since August 1, 2019. He is a Non-Independent Director of Schlumberger Limited since October 16, 2018. Mr. Papa served as the Executive Chairman at EOG Resources Inc. from July 1, 2013. He joined Belco Petroleum Corporation, a predecessor of EOG Resources Inc., in 1981. Prior to that, Mr. Papa worked 13 years for Conoco in various engineering and management positions. He served as the Chairman of Oil States International Inc. from February 2016 to August 2018. He serves as the Chairman of the U.S. Oil and Gas Association. He served as an Independent Director at Oil States International Inc., from February 2001 to August 2018. He has been a Director at Centennial Resource Development, Inc., since November 2015. Mr. Papa has been a Director of Casa de Esperanza since November 2006. He served as a Director of Magellan GP LLC, from July 31, 2003 to April 21, 2005. Mr. Papa served as a Member of EOG Resources' board of directors from August 1999 to December 2014. In February 2010 and 2013, the Harvard Business Review denoted Mr. Papa as one of the 100 Best Performing CEO’s in the World and ranked him as the Best in the US Energy Industry. Additionally, Institutional Investor magazine repeatedly ranked him as the Top Independent E&P CEO. Mr. Papa received an M.B.A. from the University of Houston and a B.S. in Petroleum Engineering from the University of Pittsburgh.

CEO Compensation
  • Mark's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Mark's remuneration is about average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Centennial Resource Development management team in years:

3.1
Average Tenure
49
Average Age
  • The tenure for the Centennial Resource Development management team is about average.
Management Team

Mark Papa

TITLE
Chairman
COMPENSATION
$3M
AGE
72
TENURE
4 yrs

George Glyphis

TITLE
CFO, VP & Assistant Secretary
COMPENSATION
$3M
AGE
49
TENURE
3.1 yrs

Sean Smith

TITLE
COO & VP
COMPENSATION
$4M
AGE
46
TENURE
3.1 yrs

Brent Jensen

TITLE
Chief Accounting Officer & VP
COMPENSATION
$2M
AGE
49
TENURE
2.7 yrs

Davis O'Connor

TITLE
VP & General Counsel
COMPENSATION
$2M
AGE
64
TENURE
3.1 yrs

Hays Mabry

TITLE
Director of Investor Relations

Kathleen Phillips

TITLE
Vice President of Human Resources
TENURE
2.3 yrs

Stephen Coats

TITLE
Secretary
AGE
48
TENURE
4 yrs

William Weidig

TITLE
Vice President of Finance & Treasurer
TENURE
0.8 yrs

Jamie Wheat

TITLE
Vice President of Accounting
AGE
49
TENURE
2.7 yrs
Board of Directors Tenure

Average tenure and age of the Centennial Resource Development board of directors in years:

3.1
Average Tenure
56
Average Age
  • The tenure for the Centennial Resource Development board of directors is about average.
Board of Directors

Jeffrey Tepper

TITLE
Independent Director
COMPENSATION
$247K
AGE
54
TENURE
3.1 yrs

Mark Papa

TITLE
Chairman
COMPENSATION
$3M
AGE
72
TENURE
3.1 yrs

Maire Baldwin

TITLE
Lead Independent Director
COMPENSATION
$255K
AGE
53
TENURE
3.1 yrs

Karl Bandtel

TITLE
Independent Director
COMPENSATION
$247K
AGE
53
TENURE
3.1 yrs

Robert Tichio

TITLE
Director
AGE
42
TENURE
3.1 yrs

David Leuschen

TITLE
Director
AGE
67
TENURE
3.1 yrs

Pierre Lapeyre

TITLE
Director
AGE
56
TENURE
3.1 yrs

Matt Hyde

TITLE
Independent Director
COMPENSATION
$227K
AGE
63
TENURE
1.8 yrs

Steve Shapiro

TITLE
Director
AGE
67
TENURE
0.1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Centennial Resource Development individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Nov 19 Buy George Glyphis Individual 15. Nov 19 18. Nov 19 37,500 $3.28 $117,757
19. Nov 19 Buy Mark Papa Individual 15. Nov 19 15. Nov 19 100,000 $3.44 $343,600
13. Nov 19 Buy Steven Shapiro Individual 08. Nov 19 11. Nov 19 50,000 $3.45 $171,125
13. Nov 19 Buy George Glyphis Individual 08. Nov 19 13. Nov 19 37,500 $3.37 $125,571
13. Aug 19 Buy George Glyphis Individual 09. Aug 19 09. Aug 19 50,000 $4.69 $234,705
X
Management checks
We assess Centennial Resource Development's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Centennial Resource Development has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

CDEV News

Simply Wall St News

What Kind Of Share Price Volatility Should You Expect For Centennial Resource Development, Inc. (NASDAQ:CDEV)?

(NASDAQ:CDEV), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Centennial Resource Development is a small cap stock with a market capitalisation of US$1.3b. … What this means for you: Since Centennial Resource Development has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment.

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What Are Analysts Saying About The Future Of Centennial Resource Development, Inc.'s (NASDAQ:CDEV)?

Looking at Centennial Resource Development, Inc.'s (NASDAQ:CDEV) recent earnings update on 31 March 2019, analyst consensus outlook seem pessimistic, as a 9.3% fall in profits is expected in the upcoming year against the past 5-year average growth rate of 58%. … For Centennial Resource Development, there are three key factors you should further examine: Financial Health: Does it have a healthy balance sheet? … Future Earnings: How does Centennial Resource Development's growth rate compare to its peers and the wider market?

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Read This Before Judging Centennial Resource Development, Inc.'s (NASDAQ:CDEV) ROE

Our data shows Centennial Resource Development has a return on equity of 4.1% for the last year. … The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Centennial Resource Development: 4.1% = US$126m ÷ US$3.2b (Based on the trailing twelve months to March 2019.) It's easy to understand the 'net profit' part of that equation, but 'shareholders' equity' requires further explanation. … Combining Centennial Resource Development's Debt And Its 4.1% Return On Equity Although Centennial Resource Development does use debt, its debt to equity ratio of 0.28 is still low.

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What Should Investors Know About Centennial Resource Development, Inc.'s (NASDAQ:CDEV) Growth?

Help shape the future of investing tools and you could win a $250 gift card! … The latest earnings release Centennial Resource Development, Inc.'s (NASDAQ:CDEV) announced in December 2018a

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Have Insiders Been Buying Centennial Resource Development, Inc. (NASDAQ:CDEV) Shares This Year?

So shareholders might well want to know whether insiders have been buying or selling shares in Centennial Resource Development, Inc. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Centennial Resource Development Insider Transactions Over The Last Year.

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Can Centennial Resource Development, Inc. (NASDAQ:CDEV) Improve Its Returns?

By way of learning-by-doing, we'll look at ROE to gain a better understanding of Centennial Resource Development, Inc. … Over the last twelve months Centennial Resource Development has recorded a ROE of 6.7%. … Return on Equity = Net Profit ÷ Shareholders' Equity

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All You Need To Know About Centennial Resource Development Inc's (NASDAQ:CDEV) Financial Health

Stocks with market capitalization between $2B and $10B, such as Centennial Resource Development Inc (NASDAQ:CDEV) with a size of US$4.4b, do not attract as much attention from the investing community as do the small-caps and large-caps. … Let’s take a look at CDEV’s debt concentration and assess their financial liquidity to get an idea of their ability to fund strategic acquisitions and grow through cyclical pressures. … See our latest analysis for Centennial Resource Development

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Why Centennial Resource Development Inc (NASDAQ:CDEV) Is A Financially Healthy Company

Mid-caps stocks, like Centennial Resource Development Inc (NASDAQ:CDEV) with a market capitalization of US$4.60b, aren’t the focus of most investors who prefer to direct their investments towards either large-cap or small-cap stocks. … Don’t forget that this is a general and concentrated examination of Centennial Resource Development's financial health, so you should conduct further analysis. … View our latest analysis for Centennial Resource Development

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Does Centennial Resource Development Inc's (NASDAQ:CDEV) PE Ratio Signal A Selling Opportunity?

which is 2.52 times more expensive than the 13.42x average multiple of the Oil and Gas. … Yes, this excessive multiple can initially be deterring, but there are many company-specific elements which are not captured in such a static ratio – such as its growth outlook and debt obligations … In this article, I am going to take you through some key things to consider in order to identify which multiple is the most relevant for

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Should You Sell Centennial Resource Development Inc (NASDAQ:CDEV) At This PE Ratio?

and want to better understand how you can grow your money by investing in Centennial Resource Development Inc (NASDAQ:CDEV). … Centennial Resource Development Inc (NASDAQ:CDEV) is trading with a trailing P/E of 33x, which is higher than the industry average of 13.8x. … See our latest analysis for Centennial Resource Development

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CDEV Company Info

Description

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, 2018, it leased or acquired approximately 80,223 net acres; and owned 1,597 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.

Details
Name: Centennial Resource Development, Inc.
CDEV
Exchange: NasdaqCM
Founded: 2015
$906,725,654
275,600,503
Website: http://www.cdevinc.com
Address: Centennial Resource Development, Inc.
1001 Seventeenth Street,
Suite 1800,
Denver,
Colorado, 80202,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM CDEV Class A Common Stock Nasdaq Capital Market US USD 18. Apr 2016
DB 241A Class A Common Stock Deutsche Boerse AG DE EUR 18. Apr 2016
LSE 0HVD Class A Common Stock London Stock Exchange GB USD 18. Apr 2016
BMV CDEV * Class A Common Stock Bolsa Mexicana de Valores MX MXN 18. Apr 2016
Number of employees
Current staff
Staff numbers
178
Centennial Resource Development employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/22 00:57
End of day share price update: 2019/11/21 00:00
Last estimates confirmation: 2019/11/21
Last earnings filing: 2019/11/04
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.