Centennial Resource Development

General Information
Business:

We are an independent oil and natural gas company focused on the development and acquisition 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. Our properties consist of large, contiguous acreage blocks in Reeves, Ward and Pecos counties in West Texas. As of June 15, 2016, our portfolio included 61 operated producing horizontal wells. Our horizontal wells span an area approximately 45 miles long by 20 miles wide where we have established commercial production in five distinct zones: the 3rd Bone Spring Sandstone, Upper Wolfcamp A, Lower Wolfcamp A, Wolfcamp B and Wolfcamp C.

Industry: CRUDE PETROLEUM & NATURAL GAS
Employees: 39
Founded: 2012
Contact Information
Address 1401 17th Street, Suite 1000, Denver, CO 80202 , US
Phone Number (720) 441-5515
Web Address
View Prospectus: Centennial Resource Development
Financial Information
Market Cap
Revenues $81.2 mil (last 12 months)
Net Income $-46.8 mil (last 12 months)
IPO Profile
Symbol CDEV
Exchange NASDAQ
Shares (millions): 0.0
Price range $0.00 - $0.00
Est. $ Volume $100.0 mil
Manager / Joint Managers Credit Suisse/ Barclays
CO-Managers -
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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