Centennial Resource Development is an independent oil and natural gas company focused on the development of unconventional oil and associated natural gas reserves in the Permian Basin. Co.'s assets are concentrated in the Delaware Basin, a sub-basin of the Permian Basin, and its properties consist of contiguous acreage blocks in West Texas and New Mexico. Co. has established commercial production on its acreage using horizontal drilling from several main zones: the Avalon Shale, 1st Bone Spring Sand, 2nd Bone Spring Sand, 2nd Bone Spring Shale, 3rd Bone Spring Sand, 3rd Bone Spring Shale, Upper Wolfcamp A, Lower Wolfcamp A, Wolfcamp B and Wolfcamp C. We show 28 historical shares outstanding datapoints in our coverage of CDEV's shares outstanding history.
Understanding the changing numbers of CDEV shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like CDEV versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching CDEV by allowing them to research CDEV shares outstanding history
as well as any other stock in our coverage universe. |
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Video: Shares Outstanding Importance
