Centennial Resource Development, Inc. CDEV · Stock Open Centennial Resource Development, Inc. in new tab
Centennial Resource Development, Inc. Analysis (CDEV)
Is Centennial Resource Development, Inc. a good investment? Centennial Resource Development, Inc. (CDEV) is currently trading at 7.62 USD.
For income investors, Centennial Resource Development, Inc. pays a dividend yield of 3.45%. With a payout ratio of 73%, the dividend appears sustainable.
Investor FAQ
Does Centennial Resource Development, Inc. pay a dividend?
Yes, it pays an annual dividend of 0.62 USD (3.45% yield).
What asset class is Centennial Resource Development, Inc.?
Centennial Resource Development, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
Company Profile
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 company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 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. The company was incorporated in 2015 and is headquartered in Denver, Colorado.
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