Centennial Resource Development (CDEV) Misses Q3 EPS by 6c, Revenues Miss

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Go back to Centennial Resource Development (CDEV) Misses Q3 EPS by 6c, Revenues Miss

Centennial Resource Development Announces Third Quarter 2018 Financial and Operational Results

November 5, 2018 4:05 PM EST

DENVER, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (Centennial or the Company) (NASDAQ: CDEV) today announced financial and operational results for the third quarter 2018.

Financial and Operational Highlights:

Increased daily crude oil production 15 percent quarter-over-quarter and 71 percent year-over-yearIncreased daily equivalent production 9 percent quarter-over-quarter and 81 percent year-over-yearAnnounced strong well results from six intervals in the Northern and Southern Delaware Basins, including one of the best First Bone Spring wells drilled in New MexicoAcquired approximately 2,900 net acres adjacent to positions in Reeves County,... More