Centennial Resource Development Inc. - Class A logo

CDEV

Centennial Resource Development Inc. - Class A

$7.44

Earnings Summary

Net Profits
$191.83Mn
PE Ratio
5.26

Highlights

Net Profits:

Centennial Resource Development Inc. - Class A’s net profit jumped 865.62% since last year same period to $191.83Mn in the Q2 2022. On a quarterly growth basis, Centennial Resource Development Inc. - Class A has generated 1113.93% jump in its net profits since last 3-months.

PE Ratio:

Centennial Resource Development Inc. - Class A’s price-to-earnings ratio after this Q2 2022 earnings stands at 5.26.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Centennial Resource Development Inc. - Class A post its latest quarter earnings

EPS Estimate Current Quarter
0.43
EPS Estimate Current Year
0.43

Highlights

EPS Estimate Current Quarter:

Centennial Resource Development Inc. - Class A’s earning per share (EPS) estimates for the current quarter stand at 0.43 - a 19.44% jump from last quarter’s estimates.

EPS Estimate Current Year:

Centennial Resource Development Inc. - Class A’s earning per share (EPS) estimates for the current year stand at 0.43.

Key Ratios

Key ratios of the Centennial Resource Development Inc. - Class A post its Q2 2022 earnings

Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.15
Dividend Per Share (DPS)
0

Highlights

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Centennial Resource Development Inc. - Class A’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Centennial Resource Development Inc. - Class A’s return on equity (ROE) stands at 0.15.

Dividend Per Share (DPS):

Centennial Resource Development Inc. - Class A declared 0 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-05-05
0.36
0.05
-86.11%

Company Information

Centennial is an independent oil and natural gas company focused on the development of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. The Company's assets and operations, which are held and conducted through CRP, are concentrated in the Delaware Basin, a sub-basin of the Permian Basin.

Organisation
Centennial Resource Development Inc. - Class A
Headquarters
Denver, Colorado, US
Employees
151
Industry
Energy Minerals
CEO
Sean Smith