Earnings Summary

Centennial Resource Development Inc.’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. has generated 1113.93% jump in its net profits since last 3-months.

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

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

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

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.’s return on assets (ROA) stands at 0.07.

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.’s return on equity (ROE) stands at 0.15.