Centennial Resource Development Inc.
Anadarko Petroleum Ranks Seventh in Terms of Cash Flow Growth
In this article, we’ll look into the cash flow growth expectations of Anadarko Petroleum (APC).
A Look at E&P Stocks’ Rating Updates Last Week
Carrizo Oil & Gas (CRZO) saw a target price cut by SunTrust Robinson Humphrey last week.
Weakest Upstream Stocks in the Week Ending September 21
Talos Energy, an exploration and production company involved in offshore drilling, was the weakest upstream stock in the week ending September 21.
Last Week’s Strongest Exploration and Production Stocks
Black Stone Minerals (BSM), a mineral interest owner structured as an MLP, was the strongest E&P (exploration and production) stock last week, rising 11.1%.
Chesapeake Energy and Carlyle Group Might Face Losses
So far in 2020, Chesapeake Energy (NYSE:CHK) has declined 92%. The COVID-19 outbreak hit oil demand and dragged the energy sector down.
Stock Comparison: REI, TELL, CDEV, SD, and EGN
Tellurian stock has risen 25.4% YoY (year-over-year), Energen stock has risen 25.3% YoY, and Centennial stock has risen 24% YoY.
Which Upstream Companies Had the Lowest Leverage?
Ring Energy’s leverage ratio as of the first quarter was ~1.09x. The company’s assets are mainly financed by equity.
Upstream Losses: CXO, CDEV, CPE, RSPP, and MTDR
In the week starting on May 14, Concho Resources (CXO) decreased from $152.70 to $149.33—a decrease of more than 2.2%.
Magnolia Oil & Gas to Buy EnerVest’s Eagle Ford Assets
In March, TPG Pace Energy Holdings agreed to acquire oil and gas assets from EnerVest within its South Texas division for ~$2.7 billion.
Stock Comparison: REI, CDEV, SD, JAG, and CPE
Stock performance In this part, we’ll compare Ring Energy’s (REI), Centennial Resource Development’s (CDEV), Sandridge Energy’s (SD), Jagged Peak Energy’s (JAG), and Callon Petroleum’s (CPE) stock performance. As we discussed in Part 7, these companies had the lowest last-12-month leverage ratios. Outliers and underperformers Ring Energy (REI) has outperformed peers significantly, rising ~39% YoY (year-over-year). Meanwhile, Centennial […]
These Upstream Companies Have the Lowest 12-Month Leverage
The five upstream with the lowest leverage In this part, we’ll look at the five upstream companies with the lowest leverage based on asset-to-equity ratios. A high asset-to-equity ratio indicates that debt is financing a larger portion of a company’s assets. The industry average ratio is 2.2x. The five upstream companies with the lowest LTM (last-12-month) leverage are Ring Energy […]
Centennial Resource Development Leads the Upstream Gainers
In the week starting January 29, Centennial Resource Development (CDEV) increased to $20.92 from last week’s close of $20.54 on January 26.