Centennial Resource Development, Inc. (CDEV)

[daleb2130]

You fail to mention that Riverstone bought almost $12 Million worth of stock back around .98 since May

[TuMaRu]

Not to sound pessimistic again but Centennial seems to have hit a rough patch last 18 months or so. In fact, didn't get much traction right after its IPO and been down ever since.

One obvious reason is the change from one CEO to another (Wall St. almost always frowns upon it esp. if for newbies like CDEV). Then again, they don't seem to be the smartest bulbs in the room having hedged their WTI bets rather poorly. Add to that less acreage compared to others and an inexperienced management team, doesn't make for a happy situation. Any thoughts?

Forgot to mention that Riverstone has sold most of its CDEV holdings back in 2017 and 2018. Maybe thats why the stock has been in decline for the last couple years at least.

[JustBegin]

Moving up nicely

[Mrgood]

Nice gains this week, even with Covid #s in the States going up. Imagine the spike when a vaccine is announced!

[Mrgood]

Oil up, CDEV up... Happy days

[BillionBux]

Agreed

[Mrgood]

The world runs on oil, always will. Any positive news and these stocks rise. I am already up and not planning to sell till we get back to normal, could be a year bit thinking 3 to 6 months tops

[TuMaRu]

Any reasoning for your optimism? Seems to me that oil prices have and will continue to flatline for 2020-21, and even beyond maybe. No new CAPEX expected, jobs losses, bankruptcies and just no appetite for any of these shale players to muck around with their debt-laden balance sheets.

Just my opinion though, everyone's free to draw their own conclusion and make their own decisions.

[Mrgood]

Great buy for longs, recover is inevitable

[mcnugget]

so what are you saying insiders arent buying??? you have to work on wall street to understand your post

[ListenToMe]

I never turn down good tips!
Thx

[masterbug1]

Lol

[daleb2130]

Just gave you 4 winners. Go for it.b

[daleb2130]

Maybe you can go after my. MTDR , Nk, REZI, or ARDX. Good luck.

[ITYS]

JUST RAMPING UP, wanna join teamrocket, gonna see it is a bad decision

[daleb2130]

Lololol. Get a life

[daleb2130]

Lololol. Get a life

[ITYS]

CANT WAIT TO TRIPS.....PUMP AND DUMP HEADING IN WRONG DIRECTION

[daleb2130]

The traffic around my metro Detroit area is more than before the Pandemic.

Gas Prices are also rising.

Airlines are expending the amount of flights and selling the middle seats.

I expect more buying pressure.

[masterbug1]

Nice

[ListenToMe]

Good points and well said. But I dont think the pressure will last as long as expected.
There will definitely be room for some swing trades.

Gltu also.

[TuMaRu]

Be careful. Don't go by 13/F or 13/G filed by private equity firms, their so-called public disclosures are always after the fact and you'll never know when they sold and exited a position. Oil will be under heavy pressure for quite some time and not receiving any bailouts from US govt. either. Good luck.

[ListenToMe]

I agree and I second that!! Time to BUY BUY BUY - CDEV!!! .88

[ListenToMe]

Yes there is HUGE HUGE Insider Buying taking place within CDEV .

BIG BIG $$$$$ Will be made with CDEV.

[TuMaRu]

Thanks. Those filings are from Riverstone Energy (REL) a PE firm that invests in oil, gas, energy, etc. Doesn't look like any company directors bought? And some of REL's investment funds are offshore vehicles (Cayman SPVs) ... anyhow, be very cautious of PE investors, they generally get into deep distress assets and debt as it is available at greater than normal discounts and generally is junk status in the bond markets. GLTY.

[daleb2130]

Follow the Money. There is a reason they were gobbling up shares.

4 directors since May 13th have bought over 13,000,000 shares for around $12,000.000.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155939178

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155939204

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155939210

[masterbug1]

Also lol you better do your DD before asking me lol.
Let’s put this way, they are way better position than OAS lol and if you have done your homework with last ER and conference, than you do know they have plenty funds to support until next year or so even with the covert 19 lol

[masterbug1]

It will be back up

[TuMaRu]

You sound enthusiastic about Centennial! Why so positive? Isn't this company in trouble (excessive debt) like the other oil and gas companies out there? Or are they bucking the trend some way and St. hasn't gotten wind of it yet? Extraction (XOG) filed ch. 11 last week and just Monday, it was Chesapeake which has been widely expected for quite some time.

[masterbug1]

Buy all you can weeee

[BillionBux]

https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/heres-why-hold-centennial-now-133301929.html

[Newt23]

Bought a bunch yesterday.

[BillionBux]

Agreed

[ListenToMe]

That's an Awesome find to Prove What I've been saying is true. BIG MONEY is in CDEV...and a $2 price target is Wayyy wayyy too low!!


Cdev

[BillionBux]

https://www.themarketsdaily.com/2020/06/17/brokers-set-expectations-for-centennial-resource-development-incs-q2-2020-earnings-nasdaqcdev.html

93% owned by institutional and hedge funds

[BillionBux]

93% owned by institutional investors and hedge funds. Lots of big names in this stock. Brokers expecting tremendous upside.

https://www.themarketsdaily.com/2020/06/17/brokers-set-expectations-for-centennial-resource-development-incs-q2-2020-earnings-nasdaqcdev.html

[ListenToMe]

Bought that dip! ... Awesome gains coming to CDEV!!

BIG MONEY TO BE MADE.

CDEV

[ListenToMe]

Bought that dip! ... Awesome gains coming to CDEV!!

BIG MONEY TO BE MADE.

CDEV

[ListenToMe]

Institutional investors are taking a Serious look at CDEV.

Extremely Bullish sign to BUY CDEV NOW! $$$

BIG Money to be made!!



Cdev

[ListenToMe]

CDEV... buy now will be a LIFE-CHANGER!$$$


CDEV

[704 Hauser St]

X 2 apparently
3.50 hehe

[704 Hauser St]

Back up to 1.75 soon and then up from there.
Thanks Clay
You da man

[704 Hauser St]

Back up to 1.75 soon and then up from there.
Thanks Clay
You da man

[ClayTrader]

* * $CDEV Video Chart 06-10-2020 * *

Link to Video - click here to watch the technical chart video

[daleb2130]

Yes it did. I bought more this morning at $1.47. You knew they were going to fill that gap and go up after that.

[daleb2130]

100%.

[ListenToMe]

CDEV at $1.65 is still extremely under valued!!


Cdev

[ListenToMe]

cdev is Best in Space!!

[ListenToMe]

CDEV is back-filling tge gap.
Very solid and Bullish!!!


Cdev.

[0whammies]

Well, you're right. Also, upgrades are agenda-driven.

They SURE don't do it for no reason, and when someone puts their name on an article, and they turn out to be dead wrong, I'm also SURE they don't lose sleep over looking stupid.

They probably get a bonus from hedge fund/bank management, based on how off they were.

The more they are off/wrong, the bigger the bonus.

They're in it for money....not to aid and assist little retail investors.