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.
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