Centennial Resource Development (CDEV) Tops Q2 EPS by 17c

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Go back to Centennial Resource Development (CDEV) Tops Q2 EPS by 17c

Centennial Resource Development Announces Second Quarter 2022 Results

August 3, 2022 4:15 PM EDT

DENVER, Aug. 03, 2022 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (Centennial or the Company) (NASDAQ: CDEV) today announced second quarter 2022 financial and operational results.

Second Quarter Financial and Operational Highlights

Reported strong net cash flow from operationsGenerated record free cash flow1Ended the quarter with approximately $200 million of cashIncreased daily crude oil production 12% compared to the prior quarterDelivered four out of the top ten wells in Company... More