Centennial Resource Development Inc.

Centennial Resource Development Inc. 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 Thursday, November 12, 2020 at 12:00 p.m. Eastern. The live webcast will be available on Centennial’s website at www.cdevinc.com under the Investor Relations tab. About Centennial Resource Development, Inc. [...]

Centennial Resource Development Inc. today announced third quarter 2020 financial and operational results and updated 2020 operational targets. Recent Financial and Operational Highlights Generated free cash flow during the quarter Reduced LOE per unit costs for the fourth consecutive quarter Lowered well cost targets and full-year unit cost guidance Increased full-year oil and total company production guidance Borrowing [...]

Centennial Resource Development Inc. announced today that it will report third quarter 2020 financial and operating results after the market closes for trading on November 2, 2020. Management will host an earnings conference call on November 3, 2020 at 8:00 a.m. Mountain . Interested parties are invited to participate on the call by dialing 789-3525, or 268-1041 for international calls, at least 15 minutes prior to the [...]

Centennial Resource Development Inc. today announced that its bank group, led by JPMorgan Chase Bank, N.A., has reaffirmed the Company’s $700 million borrowing base. As a result, given a reduction in revolver borrowings and outstanding letters of credit, Centennial’s liquidity position has improved since June 30, 2020. As of September 30, 2020, after making repayments of $15 million during the third quarter, Centennial [...]

Centennial Resource Development Inc. 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, September 9, 2020 at 4:25 p.m. Eastern. The live webcast and presentation materials used at the conference will be available on Centennial’s website at www.cdevinc.com under the Investor Relations tab. About Centennial [...]

Centennial Resource Development Inc. today announced second quarter 2020 financial and operational results and issued 2020 operational plans and targets. Recent Financial and Operational Highlights Reduced capital expenditures by 84% from the first quarter 2020 Reduced year-to-date average well costs by over 20% compared to 2019 Reduced LOE per unit costs for the third consecutive quarter Implemented plan to significantly [...]

Centennial Resource Development Inc. 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 earnings conference call on August 4, 2020 at 8:00 a.m. Mountain . Interested parties are invited to participate on the call by dialing 789-3525, or 268-1041 for international calls, at least 15 minutes prior to the start [...]

Centennial Resource Development Inc. 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. Morgan Energy, Power & Renewables Conference to be held virtually on June 16, 2020. The presentation materials used at the conference will be available on Centennial’s website at www.cdevinc.com under the Investor [...]

Centennial Resource Development Inc. announced the final settlement of the previously announced exchange offers of its operating subsidiary, Centennial Resource Production, LLC , whereby CRP offered to all eligible holders to exchange any and all of their outstanding 5.375% Senior Notes due 2026 and 6.875% Senior Notes due 2027 for up to $250 million aggregate principal amount of New 8.00% Second Lien Senior Secured Notes [...]

Centennial Resource Development Inc. today announced the expiration and final results for the exchange offers of its operating subsidiary, Centennial Resource Production, whereby CRP offered to all eligible holders to exchange any and all of their outstanding 5.375% Senior Notes due 2026 and 6.875% Senior Notes due 2027 for up to $250 million aggregate principal amount of newly issued 8.00% Second Lien Senior Secured [...]