×
-0.00153176229508186 -0.00204918032786881 -0.00358606557377051 -0.00256147540983592 -0.00819672131147542 -0.00819672131147542 -0.0230532786885246 -0.0256147540983607
Stockreport

Pioneering oilman Mark Papa warns that US shale oil forecasts are too optimistic [CNBC]

Centennial Resource Development, Inc CL A (CDEV)  More Company Research Source: CNBC
Last centennial resource development, inc cl a earnings: 11/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cdevinc.com
PDF F. Carter Smith | Bloomberg | Getty Images Mark Papa, chairman and CEO of Centennial Resource Development, offers his insight on US shale production at the 2018 CERAWeek by IHS Markit conference in Houston Mark Papa, a pioneer in the U.S. shale oil revolution , is warning that forecasts for booming U.S. production growth will leave industry watchers disappointed in the coming years as drillers burn through their best wells and tighten their purse strings. The impression of U.S. shale as the big bad wolf is perhaps a bit overstated, Papa told an audience at this year's CERAWeek by IHS Markit in Houston. Papa's comments on Tuesday were a stark contrast to the tone of cautious optimism at the conference, where many executives claimed that data analytics and technology, like machine learning, will improve efficiency in the oil patch and fuel further gains. His remarks also come on the heels of an International Energy Agency report on Monday t [Read more]

IMPACT SNAPSHOT EVENT TIME: CDEV
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
CDEV alerts
from News Quantified
Opt-in for
CDEV alerts

from News Quantified
Opt-in for
CDEV alerts

from News Quantified