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Current and historical daily P/E ratio for Centennial Resource Development Inc () from 2016 to Jun 29 2022. The price to earnings ratio is calculated by taking the current stock price and dividing it by the most recent trailing twelve-month earnings per share (EPS) number. The data is updated every 20 minutes during market hours. The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive. Centennial Resource Development stock (CDEV) PE ratio as of Jun 29 2022 is 11.32. More Details
Centennial Resource Development PE Ratio (TTM) Historical Data
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Centennial Resource Development PE Ratio (TTM) Comparison
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1001 Seventeenth Street, Suite 1800, Denver, CO, USA, 80202
Centennial Resource Development Inc is an independent oil and natural gas company focused on the development and acquisition of unconventional oil and associated liquids-rich natural gas reserves in the Permian Basin. Its assets are concentrated in the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of contiguous acreage blocks located in West Texas and New Mexico. The firm generates revenue from the sale of oil and natural gas. Geographically, the company operates in the United States of America.
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