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Key Stock Data
The current last sale of $12.98 is 31.51% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 13.02||$ 23.12|
|Low:||$ 12.62||$ 9.87|
Company Description (as filed with the SEC)
Centennial Resource Development, Inc. (the "Company," "Centennial," "we," "us," or "our") 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. Our assets are concentrated in the Delaware Basin, a sub-basin of the Permian Basin, and our properties consist of large, contiguous acreage blocks primarily in Reeves County in West Texas and Lea County in New Mexico. Our principal business objective is to increase shareholder value by building a premier development company focused on horizontal drilling in the Delaware Basin. We intend to grow our production and oil and natural gas reserves by developing our acreage with an increased focus on optimizing completions, improving drilling results and drilling extended laterals. We also intend to grow production and reserves through selective acquisitions that meet our strategic and financial objectives. ... More ...
Nasdaq Official Price
Feb. 15, 2019
Feb. 15, 2019