Centennial Resource Development, Inc. (Nasdaq: CDEV)

Company Overview

Centennial Resource Development is an independent oil producer with assets in the core of the Delaware Basin, a sub-basin of the Permian Basin in West Texas. With approximately 80,100 net acres and 2,400 drilling locations.

Delaware Basin Producer Centennial Resource Development Presenting at The Oil and Gas Conference

Centennial Assets; Source: Centennial Resource Development

Summary

  • Q1-2018 Revenue: $ 216 million
  • Q1-2018 Production: 54 (MBOE/day)
  • Total Common Stock Outstanding: 264 million
  • Enterprise Value: $ 5.2 billion
  • Total Debt: $ 391 million
  • 1P Reserves: 186 MMboe
  • Operating Margin: 40.80%

Management Team

Mark G. Papa – Chairman, CEO

Sean R. Smith – Vice President, COO

Davis O. O’Connor – Vice President, General Counsel

Brent P. Jensen – Vice President, CAO

Matt R. Garrison – Vice President, Geoscience

The Oil and Gas Conference®

Centennial Resource Development, Inc. is presenting at EnerCom’s The Oil & Gas Conference® at the Denver Downtown Westin Hotel, Denver, Colo. Aug. 19-23, 2018. EnerCom expects to have more than 80 presenting oil and gas companies and more than 2000 financial professionals attending this year’s conference.

To learn more about the conference and presenter schedule please visit the conference website here.


Legal Notice