Permian Resources Corporation announced today that it will report third quarter 2022 financial and operating results after the market closes for trading on November 8, 2022. Management will host an earnings conference call on November 9, 2022 at 9:00 a.m. Central . Interested parties are invited to participate on the call by dialing 634-2524, or 902-4178 for international calls, and referencing "Permian Resources" at [...]
Permian Resources Corporation today announced the successful completion of the combination of Centennial Resource Development Inc. and Colgate Energy Partners III, LLC . Permian Resources Highlights Largest pure-play E&P company in the Delaware Basin Deep inventory of high-quality drilling locations on ~180,000 net acres Unique combination of attractive growth profile and robust shareholder returns framework Strong [...]
Centennial Resource Development Inc. today announced first quarter 2022 financial and operational results. First Quarter Financial and Operational Highlights Generated record free cash flow1 of $89 million Fully repaid all borrowings under the credit facility Delivered strong well results Reduced leverage1 for the fourth consecutive quarter Continued to drive operational efficiencies Financial Results For the first [...]
Centennial Resource Development Inc. announced today that it will report first quarter 2022 financial and operating results after the market closes for trading on May 4, 2022. Management will host an earnings conference call on May 5, 2022 at 8:00 a.m. Mountain . Interested parties are invited to participate on the call by dialing 348-0017, or 358-0877 for international calls, at least 15 minutes prior to the start of the [...]
Centennial Resource Development Inc. today announced the establishment of a share repurchase program, its 2021 financial and operational results, and 2022 operational plans. Shareholder Return Program Announced $350 million stock repurchase program Supported by robust two-year outlook and resilient through commodity price cycles Recent Financial and Operational Highlights Generated record free cash flow1 of $85 million in [...]
Centennial Resource Development Inc. announced today that it will report fourth quarter and full year 2021 financial and operating results after the market closes for trading on February 23, 2022. Management will host an earnings conference call on February 24, 2022 at 8:00 a.m. Mountain . Interested parties are invited to participate on the call by dialing 348-0017, or 358-0877 for international calls, at least 15 [...]
Centennial Resource Development Inc. today announced it has closed the previously announced sale of non-core assets to affiliates of Henry Resources, LLC and Pickering Energy Partners, LP for a cash purchase price of $101 million, subject to customary closing adjustments. The properties sold include approximately 6,200 net leasehold acres and related assets located on the southernmost portion of the Company's Reeves [...]
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 on Wednesday, November 17, 2021 at 11:00 a.m. Eastern. Additionally, Matthew R. Garrison, Chief Operating Officer, and William A. Weidig, Vice President of Finance and Treasurer, are scheduled to present at the MKM Partners Virtual [...]
Centennial Resource Development Inc. today announced third quarter 2021 financial and operational results. Recent Financial and Operational Highlights Generated record free cash flow, a 126% increase compared to the prior quarter Repaid $50 million in borrowings under the Company's credit facility during the quarter Improved leverage metrics significantly quarter-over-quarter Announced pending sale of non-core asset in [...]
Centennial Resource Development Inc. announced today that it will report third quarter 2021 financial and operating results after the market closes for trading on November 3, 2021. Management will host an earnings conference call on November 4, 2021 at 8:00 a.m. Mountain . Interested parties are invited to participate on the call by dialing 348-0017, or 358-0877 for international calls, at least 15 minutes prior to the [...]
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 Thursday, September 9, 2021 at 1:15 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 2021 financial and operational results. Recent Financial and Operational Highlights Generated Company record free cash flow and reduced total debt outstanding Improved leverage metrics significantly quarter-over-quarter Increased daily crude oil production 13% compared to the prior quarter Delivered solid well results from the Northern and Southern [...]