Centennial Stock Analysis

CDEV -  USA Stock  

USD 6.07  0.71  10.47%

The latest price climb of Centennial Resource could raise concerns from sophisticated investors as the firm it trading at a share price of 6.07 on 6,218,515 in volume. The company executives may have good odds in positioning the firm resources to exploit market volatility in July. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.93. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Centennial Resource partners.
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The Centennial Resource stock analysis report makes it easy to digest most publicly released information about Centennial Resource and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Centennial stock analysis module also helps to analyze the Centennial Resource price relationship with some important fundamental indicators such as market cap and management efficiency.

Centennial Stock Analysis Notes

About 58.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.68. Some equities with similar Price to Book (P/B) outperform the market in the long run. Centennial Resource recorded a loss per share of 2.46. The entity had not issued any dividends in recent years. 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. Centennial Resource Development, Inc. was incorporated in 2015 and is headquartered in Denver, Colorado. Centennial Resource operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 151 people. For more info on Centennial Resource Development please contact Mark Papa at 720 499-1400 or go to www.cdevinc.com.

Centennial Resource Quarterly Cost of Revenue

46.49 MillionShare

Centennial Resource Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Centennial Resource's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Centennial Resource Development or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Centennial Resource appears to be risky and price may revert if volatility continues
The company currently holds 1.07 B in liabilities with Debt to Equity (D/E) ratio of 0.41, which is about average as compared to similar companies. Centennial Resource has a current ratio of 0.49, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
The entity reported the previous year's revenue of 580.46 M. Net Loss for the year was (682.84 M) with profit before overhead, payroll, taxes, and interest of 360.45 M.
Centennial Resource has a strong financial position based on the latest SEC filings
About 58.0% of Centennial Resource shares are held by institutions such as insurance companies
Latest headline from www.marketbeat.com: 0.03 EPS Expected for Centennial Resource Development, Inc. This Quarter - MarketBeat

Centennial Resource Upcoming and Recent Events

Earnings reports are used by Centennial Resource to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Centennial Resource previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report2nd of August 2021
Next Earnings Report1st of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End22nd of February 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Centennial Largest EPS Surprises

Earnings surprises can significantly impact Centennial Resource's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Fiscal Date
Estimated EPS
Reported EPS
View All Earnings Estimates

Centennial Resource SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Centennial Resource prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Centennial Resource investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Centennial Resource specific information freely available to individual and institutional investors to make a timely investment decision.
4th of May 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
28th of April 2021
Submission of Matters to a Vote of Security Holders
29th of March 2021
Other Events
19th of March 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Entry into a Material Definitive Agreement
9th of March 2021
Unclassified Corporate Event
23rd of February 2021
Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
16th of February 2021
Financial Statements and Exhibits. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
10th of February 2021
Unclassified Corporate Event

Centennial Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Centennial Resource is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Centennial Resource Development backward and forwards among themselves. Centennial Resource's institutional investor refers to the entity that pools money to purchase Centennial Resource's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Riverstone Holdings LlcCommon Shares83.5 M350.5 M
Vanguard Group IncCommon Shares10.1 M42.6 M
Graham Capital Management LpDebt32.9 M31.5 M
State Street CorpCommon Shares6.4 M26.9 M
Renaissance Technologies LlcCommon Shares6.1 M25.5 M
D E Shaw Co IncCommon Shares5.5 M23.3 M
Lord Abbett Co LlcCommon SharesM20.8 M
Blackrock IncCommon SharesM16.9 M
Note, although Centennial Resource's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Centennial Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Centennial Resource's market, we take the total number of its shares issued and multiply it by Centennial Resource's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Centennial Profitablity

Centennial Resource's profitability indicators refer to fundamental financial ratios that showcase Centennial Resource's ability to generate income relative to its revenue or operating costs. If, let's say, Centennial Resource is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Centennial Resource's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Centennial Resource's profitability requires more research than a typical breakdown of Centennial Resource's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (117.64) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (144.86) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -1.45.
Last ReportedProjected for 2021
Return on Investment(19.54) (20.05) 
Return on Average Assets(0.17) (0.17) 
Return on Average Equity(0.25) (0.26) 
Return on Invested Capital(0.14) (0.14) 
Return on Sales(1.20) (1.23) 

Management Efficiency

The entity has return on total asset (ROA) of (12.34) % which means that it has lost $12.34 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (23.33) %, meaning that it created substantial loss on money invested by shareholders. Centennial Resource management efficiency ratios could be used to measure how well centennial resource manages its routine affairs as well as how well it operates its assets and liabilities. Return on Investment is likely to drop to -20.05 in 2021. Return on Average Assets is likely to climb to -0.17 in 2021. Centennial Resource Current Assets are fairly stable at the moment as compared to the past year. Centennial Resource reported Current Assets of 65.59 Million in 2020. Asset Turnover is likely to climb to 0.18 in 2021, whereas Assets Non Current are likely to drop slightly above 3.6 B in 2021.
Last ReportedProjected for 2021
Book Value per Share 9.36  11.82 
Enterprise Value over EBIT(2.00) (2.05) 
Enterprise Value over EBITDA(4.44) (4.55) 
Price to Book Value 0.16  0.16 
Tangible Assets Book Value per Share 13.75  16.74 
Enterprise Value1.5 B2.2 B
Tangible Asset Value3.8 B3.7 B

Technical Drivers

As of the 17th of June 2021, Centennial Resource shows the Risk Adjusted Performance of 0.0566, downside deviation of 6.06, and Mean Deviation of 4.2. Centennial Resource technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Centennial Resource Development, which can be compared to its rivals. Please confirm Centennial Resource coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if Centennial Resource is priced correctly, providing market reflects its regular price of 6.07 per share. Given that Centennial Resource has jensen alpha of 0.3591, we suggest you to validate Centennial Resource Development's prevailing market performance to make sure the company can sustain itself at a future point.

Centennial Resource Price Movement Analysis

The output start index for this execution was fourty-nine with a total number of output elements of twelve. The Exponential Moving Average is calculated by weighting recent values of Centennial Resource more heavily than older values. View also all equity analysis or get more info about exponential moving average overlap studies indicator.

Centennial Resource Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Centennial Resource insiders, such as employees or executives, is commonly permitted as long as it does not rely on Centennial Resource's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Centennial Resource insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Riverstone Noneci Usrpi Aiv Lp over three months ago via Macroaxis 
Sale by Riverstone Noneci Usrpi Aiv Lp of 3356280 shares of Centennial Resource
Garrison Matthew R over three months ago via Macroaxis 
Payment of 4943 shares by Garrison Matthew R of Centennial Resource subject to Rule 16b-3
Garrison Matthew R over three months ago via Macroaxis 
Payment of 2257 shares by Garrison Matthew R of Centennial Resource subject to Rule 16b-3
George Glyphis over six months ago via Macroaxis 
Purchase by George Glyphis of 50000 shares of Centennial Resource
George Glyphis over six months ago via Macroaxis 
Purchase by George Glyphis of 25000 shares of Centennial Resource
Garrison Matthew R over six months ago via Macroaxis 
Acquisition by Garrison Matthew R of 1156133 shares of Centennial Resource subject to Rule 16b-3
Riverstone Noneci Usrpi Aiv Lp over a year ago via Macroaxis 
Purchase by Riverstone Noneci Usrpi Aiv Lp of 25000 shares of Centennial Resource
Riverstone Noneci Usrpi Aiv Lp over a year ago via Macroaxis 
Purchase by Riverstone Noneci Usrpi Aiv Lp of 3534233 shares of Centennial Resource
Riverstone Noneci Usrpi Aiv Lp over a year ago via Macroaxis 
Purchase by Riverstone Noneci Usrpi Aiv Lp of 1541408 shares of Centennial Resource
Riverstone Management Group Llc over a year ago via Macroaxis 
Acquisition or disposition of Centennial Resource securities by Riverstone Management Group Llc
Riverstone Noneci Usrpi Aiv Lp over a year ago via Macroaxis 
Purchase by Riverstone Noneci Usrpi Aiv Lp of 973362 shares of Centennial Resource
Riverstone Noneci Usrpi Aiv Lp over a year ago via Macroaxis 
Purchase by Riverstone Noneci Usrpi Aiv Lp of 1017475 shares of Centennial Resource

Centennial Resource Predictive Daily Indicators

Centennial Resource intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Centennial Resource stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Centennial Resource Forecast Models

Centennial Resource time-series forecasting models is one of many Centennial Resource's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Centennial Resource's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Centennial Resource Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Centennial Resource stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Centennial shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Centennial Resource. By using and applying Centennial Stock analysis, traders can create a robust methodology for identifying Centennial entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin 7.65  8.33 
EBITDA Margin(0.59) (0.60) 
Gross Margin 0.69  0.69 
Profit Margin(1.18) (1.21) 
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. Centennial Resource Development, Inc. was incorporated in 2015 and is headquartered in Denver, Colorado. Centennial Resource operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 151 people.

Current Centennial Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Centennial analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Centennial analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Centennial Resource Development current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Centennial analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Centennial stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Centennial Resource, talking to its executives and customers, or listening to Centennial conference calls.
Centennial Analyst Advice Details

Centennial Stock Analysis Indicators

Centennial Resource Development stock analysis indicators help investors evaluate how Centennial Resource stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Centennial Resource shares will generate the highest return on investment. By understating and applying Centennial Resource stock analysis, traders can identify Centennial Resource position entry and exit signals to maximize returns.
Quick Ratio0.46
Fifty Two Week Low0.50
Revenue Growth-42.20%
Shares Short Prior Month9.82M
Average Daily Volume Last 10 Day7.4M
Average Daily Volume In Three Month8.75M
Shares Percent Shares Out9.07%
Gross Margins62.10%
Short Percent Of Float15.13%
Forward Price Earnings12.39
Float Shares170.33M
Fifty Two Week High6.89
Enterprise Value To Ebitda10.55
Fifty Day Average5.01
Two Hundred Day Average3.60
Enterprise Value To Revenue3.80
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When running Centennial Resource stock analysis, check to measure Centennial Resource's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Centennial Resource is operating at the current time. Most of Centennial Resource's stock examination focuses on studying past and present price action to predict the probability of Centennial Resource's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Centennial Resource's price. Additionally, you may evaluate how the addition of Centennial Resource to your portfolios can decrease your overall portfolio volatility.
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The market value of Centennial Resource is measured differently than its book value, which is the value of Centennial that is recorded on the company's balance sheet. Investors also form their own opinion of Centennial Resource stock's value that differs from its market value or its book value, called intrinsic value, which is Centennial Resource's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Centennial Resource's market value can be influenced by many factors that don't directly affect Centennial Resource underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Centennial Resource's stock value and its price as these two are different measures arrived at by different means. Investors typically determine Centennial Resource value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centennial Resource's stock price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.