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Centennial Resource Development Inc (CDEV.OQ)

CDEV.OQ on NASDAQ Stock Exchange Capital Market

19.20USD
23 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Riverstone Says Participated In Centennial Share Offering
Friday, 9 Mar 2018 

March 9 (Reuters) - Riverstone Energy Ltd ::‍PRICING OF UNDERWRITTEN PUBLIC OFFERING IN CENTENNIAL OF AGGREGATE OF 25 MILLION SHARES OF CLASS A STOCK​.‍PARTICIPATED FOR PROPORTIONAL SHARE OF OFFERING OF CENTENNIAL, RESULTING IN SALE OF 4.4 MILLION SHARES AT $19.50 PER SHARE​.  Full Article

Centennial Resource Development Announces Pricing Of Secondary Public Offering Of Class A Common Stock
Tuesday, 6 Mar 2018 

March 6 (Reuters) - Centennial Resource Development Inc ::CENTENNIAL RESOURCE DEVELOPMENT, INC. ANNOUNCES PRICING OF SECONDARY PUBLIC OFFERING OF CLASS A COMMON STOCK.CENTENNIAL RESOURCE DEVELOPMENT - PRICED UNDERWRITTEN PUBLIC OFFERING OF 25 MILLION SHARES OF CLASS A COMMON STOCK BY SELLING STOCKHOLDERS​.  Full Article

Centennial Resource Development Reports Q4 Earnings Per Share $0.12
Monday, 26 Feb 2018 

Feb 26 (Reuters) - Centennial Resource Development Inc ::CENTENNIAL RESOURCE DEVELOPMENT ANNOUNCES FULL YEAR 2017 RESULTS, 2017 YEAR-END RESERVES, 2018 GUIDANCE AND INCREASES 2020 OIL PRODUCTION TARGET.Q4 EARNINGS PER SHARE $0.12.INCREASED Q4 DAILY CRUDE OIL PRODUCTION 30% QUARTER-OVER-QUARTER.‍INCREASED 2020 OIL PRODUCTION GROWTH TARGET FROM 60,000 TO 65,000 BARRELS PER DAY​.EXPECT TO GROW 2018 CRUDE OIL PRODUCTION APPROXIMATELY 85% YEAR-OVER-YEAR.EXPECT TO INCREASE 2018 TOTAL COMPANY PRODUCTION APPROXIMATELY 86% YEAR-OVER-YEAR.ANNOUNCED FULL YEAR 2018 TOTAL CAPITAL BUDGET OF $885 MILLION TO $1,050 MILLION.QTRLY CRUDE OIL PRODUCTION INCREASED 30% TO 27,402 BBLS/D COMPARED TO Q3 2017.CENTENNIAL REPORTED A 125% INCREASE IN YEAR-END 2017 TOTAL PROVED RESERVES TO 186,454 MBOE.  Full Article

Centennial Resource Development announces pricing of upsized $400 mln private offering of senior unsecured notes due 2026
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development, Inc. announces pricing of upsized $400 million private offering of senior unsecured notes due 2026.Centennial Resource Development says unit ‍centennial resource production priced previously announced private offering of senior unsecured notes due 2026​.Centennial Resource Development - The ‍2026 notes, priced at par, will mature on January 15, 2026 and will pay interest at an annual rate of 5.375%​.  Full Article

Centennial Resource Development's ‍unit entered into limited consent and sixth amendment to credit agreement​
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development says on Nov 10, ‍unit entered into limited consent and sixth amendment to amended and restated credit agreement​.Centennial Resource Development - ‍amendment provides for waiver of automatic reduction of borrowing base under credit agreement.Centennial Resource Development - ‍amendment to remove cap on amount of notes which CRP & guarantors under credit agreement are permitted to incur​.  Full Article

Centennial Resource Development announces $350 mln private offering of senior unsecured notes due 2026
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Centennial Resource Development Inc -:Centennial Resource Development, Inc. Announces $350 million private offering of senior unsecured notes due 2026.Centennial Resource Development-‍CRP intends to use net proceeds from notes offering to repay all borrowings under its credit facility​, among others.  Full Article

Centennial Resource Development announces pricing of secondary public offering of class A common stock
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development Inc announces pricing of secondary public offering of class A common stock.Centennial Resource Development Inc - pricing of 25 million shares of class A common stock by riverstone vi centennial qb holdings, others.  Full Article

Centennial Resource Development announces secondary public offering of Class A common stock
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Centennial Resource Development Inc ::Centennial Resource Development announces secondary public offering of Class A common stock.Announced commencement of underwritten public offering of an aggregate of 25 million shares of Class A common stock​.  Full Article

Centennial Resource posts Q3 EPS of $0.06
Monday, 6 Nov 2017 

Nov 6 (Reuters) - Centennial Resource Development Inc :Centennial resource development announces third quarter 2017 financial and operational results and increases 2017 production targets.Q3 earnings per share $0.06.Q3 earnings per share view $0.05 -- Thomson Reuters I/B/E/S.Qtrly ‍total net revenues $111.6 million versus $27.3 million.Increased 2017 total co production growth target from 250% to 256%,raised total oil production growth target from 213% to 216%‍​.Q3 revenue view $104.8 million -- Thomson Reuters I/B/E/S.  Full Article

Centennial Resource Development's unit enters fifth amendment to amended and restated credit agreement​
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development Inc - ‍on November 2, 2017, co.'s unit entered into certain fifth amendment to amended and restated credit agreement​.Centennial Resource Development Inc - ‍fifth amendment increases borrowing base under credit agreement from $350 million to $575 million.Centennial Resource Development Inc - ‍fifth amendment increases aggregate maximum revolving credit amounts from $500 million to $1 billion - SEC filing.Centennial Resource Development- ‍fifth amendment to amended, restated credit, amends amended and restated credit agreement, dated as of Oct. 15, 2014​.  Full Article

BRIEF-Riverstone Says Participated In Centennial Share Offering

* ‍PRICING OF UNDERWRITTEN PUBLIC OFFERING IN CENTENNIAL OF AGGREGATE OF 25 MILLION SHARES OF CLASS A STOCK​