Investor Relations

Centennial Resource Development is an independent oil producer focused in the Delaware Basin. Centennial was formed in 2016 through the business combination of Centennial Resource Production, LLC and Silver Run Acquisition Corporation, a special purpose acquisition company formed by Mark Papa, our former Chairman and CEO, and Riverstone Holdings, LLC, an energy private equity fund. Centennial is headquartered in Denver, Colorado.

Press Releases

Date Title  
Toggle Summary Centennial Resource Development to Present at the Bank of America Securities Global Energy Conference
DENVER , Nov. 10, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that Sean R. Smith , Chief Executive Officer, is scheduled to present at the Bank of America Securities Global Energy Conference to be held virtually on
Toggle Summary Centennial Resource Development Announces Third Quarter 2020 Results and Lowers Full-Year Cost Guidance
DENVER , Nov. 02, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced third quarter 2020 financial and operational results and updated 2020 operational targets.  Recent Financial and Operational Highlights Generated free cash
Toggle Summary Centennial Resource Development, Inc. Announces Third Quarter 2020 Earnings Conference Call
DENVER , Oct. 14, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) announced today that it will report third quarter 2020 financial and operating results after the market closes for trading on November 2, 2020 .
Toggle Summary Centennial Resource Development Announces Reaffirmation of Borrowing Base and Improvement to Liquidity Position
DENVER , Oct. 13, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that its bank group, led by JPMorgan Chase Bank, N.A ., has reaffirmed the Company’s $700 million borrowing base.
Toggle Summary Centennial Resource Development to Present at the Barclays CEO Energy-Power Conference
DENVER , Sept. 02, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that Sean R. Smith , Chief Executive Officer, is scheduled to present at the Barclays CEO Energy-Power Conference to be held virtually on Wednesday,
Toggle Summary Centennial Resource Development Announces Second Quarter 2020 Results and Issues 2020 Guidance
DENVER , Aug. 03, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced second quarter 2020 financial and operational results and issued 2020 operational plans and targets. Recent Financial and Operational Highlights Reduced
Toggle Summary Centennial Resource Development, Inc. Announces Second Quarter 2020 Earnings Conference Call
DENVER , July 16, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) announced today that it will report second quarter 2020 financial and operating results after the market closes for trading on August 3, 2020 .  Management will host an
Toggle Summary Centennial Resource Development to Participate in J.P. Morgan Energy, Power & Renewables Conference
DENVER , June 12, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (the “Company”) (NASDAQ: CDEV) today announced that Sean R. Smith , Chief Executive Officer, and George S. Glyphis , Vice President and Chief Financial Officer, are scheduled to participate in the J.P.
Toggle Summary Centennial Resource Development, Inc. Announces Settlement of Offers to Exchange Any and All Outstanding 5.375% Senior Notes due 2026 and 6.875% Senior Notes due 2027
DENVER , May 22, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (the “Company” or “Centennial”) (NASDAQ: CDEV) announced the final settlement of the previously announced exchange offers (the “Exchange Offers”) of its operating subsidiary, Centennial Resource Production, LLC (“CRP”),
Toggle Summary Centennial Resource Development, Inc. Announces Expiration and Final Results of Exchange Offers and Consent Solicitations for Any and All Outstanding 5.375% Senior Notes due 2026 and 6.875% Senior Notes due 2027
DENVER , May 20, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (the “Company” or “Centennial”) (NASDAQ: CDEV) today announced the expiration and final results for the exchange offers (the “Exchange Offers”) of its operating subsidiary, Centennial Resource Production, LLC (“CRP”),
Toggle Summary Centennial Resource Development Announces Termination of Water Infrastructure Transaction
DENVER , May 15, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that, effective May 15, 2020 , the previously announced divestiture by its wholly-owned subsidiary, Centennial Resource Production, LLC , of saltwater
Toggle Summary Centennial Resource Development, Inc. Announces Extension of Early Tender Date of the Exchange Offers and Consent Solicitations
DENVER , May 06, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that its operating subsidiary, Centennial Resource Production, LLC (“CRP”), has extended the date by which early tenders must be received (the “Early Tender
Toggle Summary Centennial Resource Development Announces First Quarter 2020 Results and Updated Operational Plans
DENVER , May 04, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced first quarter 2020 financial and operational results and updated 2020 operational plans. Recent Financial and Operational Highlights Reduced current
Toggle Summary Centennial Resource Development, Inc. Announces First Quarter 2020 Earnings Conference Call
DENVER , May 01, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) announced today that it will report first quarter 2020 financial and operating results after the market closes for trading on May 4, 2020 .  Management will host an
Toggle Summary Centennial Resource Development, Inc. Announces Commencement of Exchange Offers and Consent Solicitations for Any and All Outstanding 5.375% Senior Notes due 2026 and 6.875% Senior Notes due 2027
DENVER , April 22, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that its operating subsidiary, Centennial Resource Production, LLC (“CRP”), has commenced offers to all Eligible Holders (as defined below) to exchange
Toggle Summary Centennial Resource Development Announces Leadership Changes
DENVER , March 27, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced it is implementing its previously announced leadership transition plan in light of the fact that Mark G. Papa has elected to accelerate the timing of his
Toggle Summary Centennial Resource Development Provides Update to 2020 Capital Program
DENVER , March 19, 2020 (GLOBE NEWSWIRE) -- As a result of the recent decline in crude oil prices and ongoing uncertainty regarding the oil supply-demand macro environment, Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced that it has reduced its
Toggle Summary Centennial Resource Development to Participate in Credit Suisse Energy Summit
DENVER , Feb. 28, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (the “Company”) (NASDAQ: CDEV) today announced that Sean R. Smith , Vice President and Chief Operating Officer, and George S. Glyphis , Vice President and Chief Financial Officer, are scheduled to participate in the
Toggle Summary Centennial Resource Development Announces Full Year 2019 Results, 2019 Year-End Reserves, 2020 Guidance, Water Infrastructure Divestiture and Leadership Transition
DENVER , Feb. 24, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced 2019 financial and operational results and 2020 operational plans and targets. Recent Financial and Operational Highlights Increased daily oil and
Toggle Summary Centennial Resource Development, Inc. Announces Fourth Quarter and Full Year 2019 Earnings Conference Call
DENVER , Feb. 05, 2020 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) announced today that it will report fourth quarter and full year 2019 financial and operating results after the market closes for trading on February 24, 2020 .