BRIEF-Centennial Resource Development Reports Q4 Earnings Per Share $0.12 [Reuters]
Centennial Resource Development, Inc. - Class A (CDEV)
Last centennial resource development, inc. - class a earnings: 2/24 04:14 pm
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Source: Reuters
BRIEF-Centennial Resource Development Reports Q4 Earnings Per Share $0.12 | Reuters Reuters Staff 1 Min Read Feb 26 (Reuters) - Centennial Resource Development Inc : * CENTENNIAL RESOURCE DEVELOPMENT ANNOUNCES FULL YEAR 2017 RESULTS, 2017 YEAR-END RESERVES, 2018 GUIDANCE AND INCREASES 2020 OIL PRODUCTION TARGET * INCREASED Q4 DAILY CRUDE OIL PRODUCTION 30% QUARTER-OVER-QUARTER * ?INCREASED 2020 OIL PRODUCTION GROWTH TARGET FROM 60,000 TO 65,000 BARRELS PER DAY * EXPECT TO GROW 2018 CRUDE OIL PRODUCTION APPROXIMATELY 85% YEAR-OVER-YEAR * EXPECT TO INCREASE 2018 TOTAL COMPANY PRODUCTION APPROXIMATELY 86% YEAR-OVER-YEAR * ANNOUNCED FULL YEAR 2018 TOTAL CAPITAL BUDGET OF $885 MILLION TO $1,050 MILLION * QTRLY CRUDE OIL PRODUCTION INCREASED 30% TO 27,402 BBLS/D COMPARED TO Q3 2017 * CENTENNIAL REPORTED A 125% INCREASE IN YEAR-END 2017 TOTAL PROVED RESERVES TO 186,454 MBOE Source text for Eikon: Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a complete
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