Centennial Resource Development (CDEV) Q1 Revenue Tops Views

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Go back to Centennial Resource Development (CDEV) Q1 Revenue Tops Views

Centennial Resource Development Announces First Quarter 2019 Financial and Operational Results

May 6, 2019 4:06 PM EDT

DENVER, May 06, 2019 (GLOBE NEWSWIRE) -- Centennial Resource Development, Inc. (Centennial or the Company) (NASDAQ: CDEV) today announced financial and operational results for the first quarter 2019.

Financial and Operational Highlights:

Increased daily oil and equivalent production volumes 28% and 33% year-over-year, respectivelyCompleted twenty gross wells, with approximately half placed on production in MarchAnnounced strong well results from multiple intervals in the Northern and Southern Delaware BasinsReported successful Third Bone Spring Sand step-out well in Reeves County, TexasDemonstrated cost discipline with unit costs at or below the low-end of... More