Permian Resources Corporation
Permian Resources Corporation (CDEV) Stock Overview
Explore Permian Resources Corporation’s financial performance, market position, analyst ratings, and future outlook.
Key Financials
Key Financials
Market Cap
4.2B
P/E Ratio
7.68
EPS (TTM)
$1.38
ROE
0.13%
CDEV Stock Analysis & Investment Overview
Our comprehensive AI-powered analysis of Permian Resources Corporation (CDEV) provides investors with deep insights into the stock's performance, growth potential, and market positioning. With a Meyka AI Score of A, this stock demonstrates moderate investment characteristics based on our advanced machine learning models.
Our forecasting models predict significant price movements, with a 12-month target of $9.80.
Key financial metrics showcase the company's fundamental strength, including a P/E ratio of 7.68 and a market capitalization of 4.2B. These metrics, combined with our AI analysis, provide a comprehensive view for both institutional and retail investors.
Company Profile
Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. Its assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. The company's properties consist of acreage blocks primarily in Reeves County, West Texas and Lea County, New Mexico. As of December 31, 2021, it leased or acquired approximately 73,675 net acres; and owned 991 net mineral acres in the Delaware Basin. The company was formerly known as Silver Run Acquisition Corporation and changed its name to Centennial Resource Development, Inc. in October 2016. The company was incorporated in 2015 and is headquartered in Denver, Colorado.
Mark Papa
147
1001 17th St Ste 1800, Denver, CO
2016