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CDEV| Name | Value |
|---|---|
| Revenues | 549.8M |
| Cost of Revenue | 180.5M |
| Gross Profit | 369.3M |
| Operating Expense | 87.5M |
| Operating I/L | 222.1M |
| Other Income/Expense | 152.6M |
| Interest Income | 0.0M |
| Pretax | 374.7M |
| Income Tax Expense | 31.2M |
| Net Income/Loss | 343.5M |
Centennial Resource Development, Inc. is an independent oil and natural gas company that focuses on developing crude oil and liquids-rich natural gas reserves in the United States. The company's primary assets are located in the Delaware Basin, with a focus on Reeves County, West Texas, and Lea County, New Mexico. As of December 31, 2021, the company had approximately 73,675 net acres leased or acquired, along with 991 net mineral acres in the Delaware Basin. Centennial Resource Development, Inc. generates revenue through the exploration, development, and production of crude oil and natural gas reserves in its operational areas.
