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Centennial (CDEV) is one of the weaker shale

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TuMaRu   Tuesday, 08/04/20 01:15:43 PM
Re: daleb2130 post# 208
Post # of 237 
Centennial (CDEV) is one of the weaker shale players hanging by a thread and a prayer, literally. Very poorly hedged, cash flow deficit for years, plus their acreage is not that great. Granted it isn't land locked like some others in the N. Dakota basin.

Every now and then they pump it up a bit during earnings season, much the same as Oasis. C'mon, you don't need volume of 10 mil shares to go up by 5 cents!!

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