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Centennial Resource Development Inc (CDEV.OQ)

CDEV.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Centennial Resource Development announces pricing of upsized $400 mln private offering of senior unsecured notes due 2026
Wednesday, 15 Nov 2017 04:50pm EST 

Nov 15 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development, Inc. announces pricing of upsized $400 million private offering of senior unsecured notes due 2026.Centennial Resource Development says unit ‍centennial resource production priced previously announced private offering of senior unsecured notes due 2026​.Centennial Resource Development - The ‍2026 notes, priced at par, will mature on January 15, 2026 and will pay interest at an annual rate of 5.375%​.  Full Article

Centennial Resource Development's ‍unit entered into limited consent and sixth amendment to credit agreement​
Tuesday, 14 Nov 2017 06:18am EST 

Nov 14 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development says on Nov 10, ‍unit entered into limited consent and sixth amendment to amended and restated credit agreement​.Centennial Resource Development - ‍amendment provides for waiver of automatic reduction of borrowing base under credit agreement.Centennial Resource Development - ‍amendment to remove cap on amount of notes which CRP & guarantors under credit agreement are permitted to incur​.  Full Article

Centennial Resource Development announces $350 mln private offering of senior unsecured notes due 2026
Monday, 13 Nov 2017 07:41am EST 

Nov 13 (Reuters) - Centennial Resource Development Inc -:Centennial Resource Development, Inc. Announces $350 million private offering of senior unsecured notes due 2026.Centennial Resource Development-‍CRP intends to use net proceeds from notes offering to repay all borrowings under its credit facility​, among others.  Full Article

Centennial Resource Development announces pricing of secondary public offering of class A common stock
Thursday, 9 Nov 2017 07:05am EST 

Nov 9 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development Inc announces pricing of secondary public offering of class A common stock.Centennial Resource Development Inc - pricing of 25 million shares of class A common stock by riverstone vi centennial qb holdings, others.  Full Article

Centennial Resource Development announces secondary public offering of Class A common stock
Tuesday, 7 Nov 2017 06:01pm EST 

Nov 7 (Reuters) - Centennial Resource Development Inc ::Centennial Resource Development announces secondary public offering of Class A common stock.Announced commencement of underwritten public offering of an aggregate of 25 million shares of Class A common stock​.  Full Article

Centennial Resource posts Q3 EPS of $0.06
Monday, 6 Nov 2017 04:05pm EST 

Nov 6 (Reuters) - Centennial Resource Development Inc :Centennial resource development announces third quarter 2017 financial and operational results and increases 2017 production targets.Q3 earnings per share $0.06.Q3 earnings per share view $0.05 -- Thomson Reuters I/B/E/S.Qtrly ‍total net revenues $111.6 million versus $27.3 million.Increased 2017 total co production growth target from 250% to 256%,raised total oil production growth target from 213% to 216%‍​.Q3 revenue view $104.8 million -- Thomson Reuters I/B/E/S.  Full Article

Centennial Resource Development's unit enters fifth amendment to amended and restated credit agreement​
Friday, 3 Nov 2017 06:24am EDT 

Nov 3 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development Inc - ‍on November 2, 2017, co.'s unit entered into certain fifth amendment to amended and restated credit agreement​.Centennial Resource Development Inc - ‍fifth amendment increases borrowing base under credit agreement from $350 million to $575 million.Centennial Resource Development Inc - ‍fifth amendment increases aggregate maximum revolving credit amounts from $500 million to $1 billion - SEC filing.Centennial Resource Development- ‍fifth amendment to amended, restated credit, amends amended and restated credit agreement, dated as of Oct. 15, 2014​.  Full Article

Centennial Resource Development announces second quarter 2017 operational and financial results
Monday, 7 Aug 2017 04:10pm EDT 

Aug 7 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development announces second quarter 2017 operational and financial results and increases 2017 production targets while lowering cost guidance.Q2 earnings per share $0.09.Q2 earnings per share view $0.01 -- Thomson Reuters I/B/E/S.Centennial Resource Development - says ‍reported Q2 total daily production of 29,664 boe and 17,435 barrels of oil, an increase of 61 percent and 66 percent​.Centennial Resource Development - ‍increased 2017 total company production guidance by 15 percent and oil production guidance by 14 percent from previous estimates​.Qtrly total net revenue $91.1 mln‍​.Q2 revenue view $75.6 million -- Thomson Reuters I/B/E/S.Qtrly ‍increased its 2017 total company production growth target to 250 percent from 205 percent​.Says ‍raised its 2017 total oil production growth target to 213 percent from 174 percent​.Says ‍increasing production targets while reducing cost guidance for full-year​.  Full Article

Centennial Resource Development files for mixed shelf offering of upto $600 mln - SEC filing
Monday, 7 Aug 2017 08:04am EDT 

Aug 7 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development Inc files for mixed shelf offering of upto $600 million - SEC filing.  Full Article

Centennial Resource Development announces qtrly earnings per share(successor) $0.04
Wednesday, 10 May 2017 04:05pm EDT 

May 10 (Reuters) - Centennial Resource Development Inc :Centennial Resource Development announces first quarter 2017 operational and financial results.Centennial Resource Development Inc - Qtrly earnings per share (successor) $ 0.04.Centennial Resource -Will issue 23.5 million shares of class a common stock in private placement for gross proceeds of about $341 million.Centennial Resource -Proceeds from private placement will be used to fund pending acquisition of assets from gmt.Centennial Resource - For remainder of 2017, centennial has 508.8 mbbls of oil hedged at a weighted average fixed price of $50.41 per barrel.Centennial Resource -In addition, centennial has 36.5 mbbls of oil hedged in 2018 at a weighted average fixed price of $55.95 per barrel.  Full Article

BRIEF-Centennial Resource Development's ‍unit entered into limited consent and sixth amendment to credit agreement​

* Centennial Resource Development says on Nov 10, ‍unit entered into limited consent and sixth amendment to amended and restated credit agreement​