Permian Resources Corporation CDEV
Set alert
7.62 0.00 0.00%
At close
7.45 Day range 8.13
52-week range unavailable
- Open
- 8.08
- Prev close
- 7.62
- Mkt cap
- 2.17B
- Vol
- 17.58M
- Avg vol
- 0
- EPS
- 0.00
- P/E
- 0.00
- Div yield
- 0.00%
More statistics
- Low
- 7.45
- High
- 8.13
- Forward P/E
- 3.28
- Beta
- 4.92
- Short ratio
- 5.10
- Inst. own
- 88.30%
- Dividend
- 0.00
- Ex-div date
- Earnings
- Aug 3, 2022
- 50-d avg
- 6.80
- 200-d avg
- 7.45
- 1y target
- 10.20
2Y chart
Events in this range
- Nov 3, 2021Earnings: —; estimate 0.21; surprise —%
- Feb 23, 2022Earnings: —; estimate 0.3; surprise —%
- Apr 7, 2022Rating: Piper Sandler · Neutral → Overweight
- Apr 8, 2022Rating: Keybanc · — → Overweight
- May 4, 2022Earnings: —; estimate 0.4; surprise —%
- May 20, 2022Rating: BMO Capital · — → Market Perform
- Jul 6, 2022Rating: RBC Capital · Sector Perform → Outperform
- Jul 11, 2022Downgrade: Wells Fargo · Equal-Weight → Underweight
- Aug 3, 2022Earnings: —; estimate 0.41; surprise —%
- Aug 24, 2022Rating: Truist Securities · Hold → Buy
Signals (25)
| Name | Date | Ago |
|---|---|---|
| RSI: Overbought | Aug 25, 2022 | 4 years ago |
| SMA: Bullish | Aug 22, 2022 | 4 years ago |
| SMA: Bearish | Aug 19, 2022 | 4 years ago |
| SMA: Bullish | Aug 18, 2022 | 4 years ago |
| SMA: Bullish | Aug 11, 2022 | 4 years ago |
| MACD: Buy Signal | Jul 18, 2022 | 4 years ago |
| RSI: Oversold | Jul 5, 2022 | 4 years ago |
| SMA: Bearish | Jun 16, 2022 | 4 years ago |
| MACD: Sell Signal | Jun 16, 2022 | 4 years ago |
| SMA: Bullish | Jun 1, 2022 | 4 years ago |
| MACD: Buy Signal | May 26, 2022 | 4 years ago |
| MACD: Sell Signal | May 19, 2022 | 4 years ago |
| MACD: Buy Signal | May 18, 2022 | 4 years ago |
| SMA: Bearish | Apr 22, 2022 | 4 years ago |
| MACD: Sell Signal | Apr 21, 2022 | 4 years ago |
| SMA: Bullish | Apr 1, 2022 | 4 years ago |
| SMA: Bearish | Mar 31, 2022 | 4 years ago |
| MACD: Buy Signal | Mar 25, 2022 | 4 years ago |
| SMA: Bullish | Mar 17, 2022 | 4 years ago |
| SMA: Bearish | Mar 14, 2022 | 4 years ago |
| MACD: Sell Signal | Mar 10, 2022 | 4 years ago |
| MACD: Buy Signal | Feb 28, 2022 | 4 years ago |
| MACD: Sell Signal | Feb 7, 2022 | 4 years ago |
| RSI: Oversold | Dec 1, 2021 | 4 years ago |
| RSI: Oversold | Nov 26, 2021 | 4 years ago |
Key statistics
- Market cap
- 2.17B
- Enterprise value
- 3.04B
- Trailing P/E
- 5.52
- Forward P/E
- 3.28
- PEG ratio
- 0.66
- Price / sales
- 1.52
- Price / book
- 0.73
- EPS (TTM)
- 1.38
- Beta
- 4.92
- Dividend yield
- 0.00%
- Payout ratio
- 0.00%
- Profit margin
- 28.46%
- Revenue (TTM)
- 1.42B
- Revenue growth
- 103.20%
- Free cash flow
- 236.08M
- Total cash
- 201.09M
- Total debt
- 858.70M
- Return on equity
- 14.72%
- Shares outstanding
- 285.06M
- Short % of float
- 19.46%
- 50-day average
- 6.80
- 200-day average
- 7.45
Analyst view
Consensus: buy
Buy
Price target (mean) 10.20 +33.9% upside
Now 7.62
- Target (low)
- 6.50
- Target (mean)
- 10.20
- Target (high)
- 13.00
Ratings (0m) 12 10 buy · 2 hold · 0 sell
- Strong buy7
- Buy3
- Hold2
- Sell0
- Strong sell0
Next earnings
Aug 3, 2022
Expected Aug 3, 2022. Consensus EPS estimate 0.54.
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Aug 3, 2022 | Jun 1, 2022 | 0.41 | — | — | — |
| May 4, 2022 | Mar 1, 2022 | 0.40 | — | — | — |
| Feb 23, 2022 | Dec 1, 2021 | 0.30 | — | — | — |
| Nov 3, 2021 | Sep 1, 2021 | 0.21 | — | — | — |
| Aug 3, 2021 | Jun 1, 2021 | 0.06 | — | — | — |
| May 4, 2021 | Mar 1, 2021 | -0.02 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 24, 2022 | Truist Securities | up | Hold | Buy |
| Jul 11, 2022 | Wells Fargo | down | Equal-Weight | Underweight |
| Jul 6, 2022 | RBC Capital | up | Sector Perform | Outperform |
| May 20, 2022 | BMO Capital | main | — | Market Perform |
| Apr 8, 2022 | Keybanc | main | — | Overweight |
| Apr 7, 2022 | Piper Sandler | up | Neutral | Overweight |
About Permian Resources Corporation
Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 net mineral acres in the Delaware Basin. The company was formerly known as Silver Run Acquisition Corporation and changed its name to Centennial Resource Development, Inc. in October 2016. The company was incorporated in 2015 and is headquartered in Denver, Colorado.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Country
- United States
- Website
- cdevinc.com
News
- Permian Resources Corporation Announces Pricing Terms of Tender Offer for Its 7.75% Senior Notes due 2026
- Permian Resources Extends Registration Rights Agreement with its Private Equity Stockholders and Announces Further Reduction in its Sponsor Ownership
- Permian Resources Completes Acquisition of Earthstone Energy
- Permian Resources to acquire Earthstone Energy in $4.5 billion all-stock deal
- Permian Resources Announces Third Quarter 2022 Earnings Conference Call
- Why Is Centennial Resource (CDEV) Up 24.5% Since Last Earnings Report?
- 5 Best-Performing Stocks of the Top ETF of August
- Why APA, Centennial Resource Development, and Obsidian Energy Were Rising by Double Digits This Week
- Why Small-Cap Natural Gas Stocks Were Soaring Today
- 4 Small Caps for Growth-Focused Investors
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| BALDWIN MAIRE A. | Director | Stock Award(Grant) | Apr 26, 2022 | 218,395 |
| GARRISON MATTHEW R. | Chief Operating Officer | Stock Award(Grant) | Aug 25, 2022 | 1,332,550 |
| GLYPHIS GEORGE S | Chief Financial Officer | Stock Award(Grant) | Aug 11, 2022 | 2,399,040 |
| HYDE MATTHEW GLOVER | Director | Stock Award(Grant) | Apr 26, 2022 | 194,352 |
| JENSEN BRENT P | Officer | Stock Award(Grant) | Aug 11, 2022 | 1,023,140 |
| O CONNOR DAVIS O | General Counsel | Stock Award(Grant) | Aug 11, 2022 | 1,556,080 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Riverstone Holdings LLC | 24.16% | 68,858,550 | 524.70M | Jun 29, 2022 |
| State Street Corporation | 5.54% | 15,781,853 | 120.26M | Jun 29, 2022 |
| Blackrock Inc. | 5.30% | 15,100,060 | 115.06M | Jun 29, 2022 |
| Dimensional Fund Advisors LP | 4.14% | 11,796,677 | 89.89M | Jun 29, 2022 |
| Vanguard Group, Inc. (The) | 3.92% | 11,163,089 | 85.06M | Jun 29, 2022 |
| River Road Asset Management, LLC | 3.36% | 9,582,756 | 73.02M | Jun 29, 2022 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF | 4.23% | 12,049,506 | 91.82M | Jun 29, 2022 |
| Vanguard Total Stock Market Index Fund | 1.90% | 5,421,331 | 41.31M | Mar 30, 2022 |
| iShares Russell 2000 ETF | 1.64% | 4,675,542 | 35.63M | Jun 29, 2022 |
| Goldman Sachs Small Cap Value Fund | 0.97% | 2,754,192 | 20.99M | May 30, 2022 |
| DFA U.S. Small Cap Value Series | 0.96% | 2,729,043 | 20.80M | Apr 29, 2022 |
| Vanguard Extended Market Index Fund | 0.85% | 2,435,344 | 18.56M | Mar 30, 2022 |