Centennial Resource Development

Centennial Resource Development ROE

Delisted·Nov 4, 2022

The Return on Equity (ROE) of Centennial Resource Development (CDEV) as of Nov 4, 2026 is 17.54 %. In the previous year, Return on Equity (ROE) was 5.02 % — a change of 249.25% (higher).

ROE

17.54 %

YoY

249.25%

Last updated:

In 2022, Centennial Resource Development's return on equity (ROE) was 17.54 %, a 249.25% increase from the 5.02 % ROE in the previous year.

The Centennial Resource Development ROE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROE
Date
ROE
Jan 1, 2015
-166,630.43 USD
Jan 1, 2016
-9.63 USD
Jan 1, 2017
2.67 USD
Jan 1, 2018
6.45 USD
Jan 1, 2019
0.48 USD
Jan 1, 2020
-26.22 USD
Jan 1, 2021
5.02 USD
Jan 1, 2022
17.54 USD
The Centennial Resource Development ROE history
YEARROEYoY
17.54 %+249.25%
5.02 %-119.16%
-26.22 %-5,508.14%
0.48 %-92.48%
6.45 %+141.84%
2.67 %-127.69%
-9.63 %-99.99%
-166,630.43 %—

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Centennial Resource Development Stock analysis

What does Centennial Resource Development do? Centennial Resource Development Inc. is a company focused on the exploration, development, and production of oil and gas resources in the United States. It was founded in 2016 and is headquartered in Denver, Colorado. Centennial Resource Development is one of the most popular companies on Eulerpool.

ROE Details

Decoding Centennial Resource Development's Return on Equity (ROE)

Centennial Resource Development's Return on Equity (ROE) is a fundamental metric evaluating the company's profitability relative to its equity. Calculated by dividing net income by shareholder's equity, ROE illustrates how effectively the company is generating profits from shareholders’ investments. A higher ROE represents enhanced efficiency and profitability.

Year-to-Year Comparison

Analyzing Centennial Resource Development's ROE on a yearly basis aids in tracking its profitability trends and financial performance. An increasing ROE suggests enhanced profitability and value generation for shareholders, whereas a declining ROE may indicate issues in profit generation or equity management.

Impact on Investments

Centennial Resource Development's ROE is instrumental for investors assessing the company's profitability, efficiency, and investment attractiveness. A robust ROE indicates the firm’s adeptness at converting equity investments into profits, thereby enhancing its appeal to potential and current investors.

Interpreting ROE Fluctuations

Changes in Centennial Resource Development’s ROE can emanate from variations in net income, equity capital, or both. These fluctuations are scrutinized to evaluate management’s effectiveness, financial strategies, and the inherent risks and opportunities, aiding investors in making informed decisions.

Frequently Asked Questions about Centennial Resource Development stock

Return on Equity (ROE) of Centennial Resource Development is 17.54 % in 2022.

Return on Equity (ROE) of Centennial Resource Development changed from 5.02 % to 17.54 %, representing a 249.25% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Return on Equity (ROE) Centennial Resource Development since 2006 – with annual values, charts, and detailed analysis.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Equity (ROE)'s Centennial Resource Development with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Equity (ROE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Equity (ROE).

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Profitability — Centennial Resource Development

All Key Metrics — Centennial Resource Development