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Centennial Resource Development Inc (CDEV.OQ)

CDEV.OQ on NASDAQ Stock Exchange Capital Market

6.24USD
19 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Centennial Resource Development Enters Amendment To Credit Agreement
Wednesday, 1 May 2019 

May 1 (Reuters) - Centennial Resource Development Inc ::CENTENNIAL RESOURCE DEVELOPMENT INC - ENTERED INTO FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT.CENTENNIAL RESOURCE DEVELOPMENT INC - FIRST AMENDMENT INCREASED BORROWING BASE FROM $1.0 BILLION TO $1.2 BILLION..CENTENNIAL RESOURCE DEVELOPMENT - FIRST AMENDMENT ALSO DECREASED INTEREST RATES APPLICABLE TO BORROWINGS MADE BY CRP UNDER REVOLVING CREDIT FACILITY.  Full Article

Centennial Resource Development Announces Pricing Of $500 Mln Private Offering Of Senior Unsecured Notes Due 2027
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Centennial Resource Development Inc ::CENTENNIAL RESOURCE DEVELOPMENT, INC. ANNOUNCES PRICING OF $500 MILLION PRIVATE OFFERING OF SENIOR UNSECURED NOTES DUE 2027.CENTENNIAL RESOURCE DEVELOPMENT - 2027 NOTES PRICED AT 99.235% OF AGGREGATE PRINCIPAL AMOUNT AND WILL PAY INTEREST AT AN ANNUAL RATE OF 6.875%.CENTENNIAL RESOURCE DEVELOPMENT- CENTENNIAL RESOURCE PRODUCTION PRICED ITS PREVIOUSLY ANNOUNCED PRIVATE OFFERING OF SENIOR UNSECURED NOTES DUE 2027.  Full Article

Centennial Resource Development Announces $500 Mln Private Offering Of Senior Unsecured Notes Due 2027
Tuesday, 12 Mar 2019 

March 12 (Reuters) - Centennial Resource Development Inc ::CENTENNIAL RESOURCE DEVELOPMENT, INC. ANNOUNCES $500 MILLION PRIVATE OFFERING OF SENIOR UNSECURED NOTES DUE 2027.CENTENNIAL RESOURCE DEVELOPMENT - UNIT TO USE PROCEEDS TO REPAY OUTSTANDING BORROWINGS UNDER REVOLVING CREDIT FACILITY, FOR OTHERS.  Full Article

Centennial Resource Development Announces Full Year 2018 Results, 2018 Year-End Reserves And 2019 Guidance
Monday, 25 Feb 2019 

Feb 25 (Reuters) - Centennial Resource Development Inc ::CENTENNIAL RESOURCE DEVELOPMENT ANNOUNCES FULL YEAR 2018 RESULTS, 2018 YEAR-END RESERVES AND 2019 GUIDANCE.CENTENNIAL RESOURCE DEVELOPMENT - Q4 CRUDE OIL PRODUCTION INCREASED 11% TO 39,978 BARRELS OF OIL PER DAY COMPARED TO PRIOR QUARTER.CENTENNIAL RESOURCE DEVELOPMENT INC - SEES 2019 FY NET AVERAGE DAILY PRODUCTION 61,500 BOE/D - 70,500 BOE/D.CENTENNIAL RESOURCE DEVELOPMENT - CURRENT PLANS ARE TO OPERATE A SIX-RIG DRILLING PROGRAM WITH AN ESTIMATED 2019 TOTAL CAPITAL BUDGET OF $765 MILLION TO $925 MILLION.  Full Article

Centennial Resource Development Q3 Earnings Per Share $0.15
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Centennial Resource Development Inc ::CENTENNIAL RESOURCE DEVELOPMENT ANNOUNCES THIRD QUARTER 2018 FINANCIAL AND OPERATIONAL RESULTS.Q3 EARNINGS PER SHARE $0.15.Q3 EARNINGS PER SHARE VIEW $0.21 -- THOMSON REUTERS I/B/E/S.INCREASED DAILY CRUDE OIL PRODUCTION 15 PERCENT QUARTER-OVER-QUARTER AND 71 PERCENT YEAR-OVER-YEAR.INCREASED DAILY EQUIVALENT PRODUCTION 9 PERCENT QUARTER-OVER-QUARTER AND 81 PERCENT YEAR-OVER-YEAR.QTRLY AVERAGE DAILY CRUDE OIL PRODUCTION INCREASED 71 PERCENT TO 36,027 BARRELS OF OIL PER DAY.REMAIN ON TRACK TO ACHIEVE OUR 2018 PRODUCTION TARGETS.QTRLY OIL AND GAS SALES $234.9 MILLION VERSUS $111.6 MILLION.  Full Article

Centennial Resource Development Says Co, Unit Entered Into Certain Second Amended, Restated Credit Agreement
Tuesday, 8 May 2018 

May 8 (Reuters) - Centennial Resource Development Inc ::CENTENNIAL RESOURCE DEVELOPMENT SAYS CO, UNIT ENTERED INTO CERTAIN SECOND AMENDED AND RESTATED CREDIT AGREEMENT DATED AS OF MAY 4, 2018 - SEC FILING.CENTENNIAL RESOURCE DEVELOPMENT - SECOND A&R CREDIT AGREEMENT HAS A TERM OF FIVE YEARS FROM EFFECTIVE DATE OF MAY 4, 2018.  Full Article

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