Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-10-11 | 2016-09-30 | 2016-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating revenues | ||||||||||||||||||||||||||||||||||||||
oil and gas sales | 1,321,796,000 | 1,197,596,000 | 1,376,451,000 | 1,296,081,000 | 1,215,571,000 | 1,246,083,000 | 1,242,999,000 | 1,122,686,000 | 758,541,000 | 623,398,000 | 616,268,000 | 761,556,000 | 549,778,000 | 472,654,000 | 347,277,000 | 316,419,000 | 288,505,000 | 232,577,000 | 192,391,000 | 148,077,000 | 149,101,000 | 90,509,000 | 192,769,000 | 256,392,000 | 229,130,000 | 244,239,000 | 214,569,000 | -638,824,000 | 234,880,000 | 217,763,000 | 215,898,000 | |||||||
operating expenses | ||||||||||||||||||||||||||||||||||||||
lease operating expenses | 191,338,000 | 187,972,000 | 179,627,000 | 183,575,000 | 173,255,000 | 159,671,000 | 168,671,000 | 130,439,000 | 85,810,000 | 82,991,000 | 74,532,000 | 73,289,000 | 40,944,000 | 28,900,000 | 28,734,000 | 28,897,000 | 28,685,000 | 22,976,000 | 25,861,000 | 26,261,000 | 24,543,000 | 25,839,000 | 32,639,000 | 38,899,000 | 42,330,000 | 34,885,000 | 29,862,000 | -55,623,000 | 23,706,000 | 19,182,000 | 16,276,000 | 14,412,000 | 11,373,000 | 8,273,000 | 7,278,000 | |||
severance and ad valorem taxes | 101,481,000 | 94,930,000 | 107,993,000 | 96,947,000 | 91,548,000 | 93,070,000 | 96,166,000 | 84,384,000 | 58,942,000 | 48,927,000 | 48,509,000 | 54,233,000 | 41,745,000 | 34,695,000 | 25,051,000 | 20,973,000 | 17,800,000 | 15,784,000 | 12,583,000 | 9,309,000 | 7,839,000 | 5,696,000 | 16,573,000 | 17,681,000 | 12,213,000 | 17,186,000 | 16,120,000 | -41,155,000 | 14,410,000 | 14,208,000 | 14,173,000 | 8,815,000 | 6,448,000 | 4,723,000 | 3,187,000 | |||
gathering, processing and transportation expenses | 53,971,000 | 55,754,000 | 46,650,000 | 50,582,000 | 50,220,000 | 43,745,000 | 39,055,000 | 31,316,000 | 20,731,000 | 21,753,000 | 15,482,000 | 20,246,000 | 30,022,000 | 25,756,000 | 21,891,000 | 21,613,000 | 24,164,000 | 19,494,000 | 20,625,000 | 17,956,000 | 19,130,000 | 17,284,000 | 16,939,000 | 20,714,000 | 20,853,000 | 16,243,000 | 15,024,000 | -43,027,000 | 16,090,000 | 15,296,000 | 13,828,000 | 11,687,000 | 9,925,000 | 7,403,000 | ||||
depreciation, depletion and amortization | 526,915,000 | 506,410,000 | 474,203,000 | 486,463,000 | 453,603,000 | 426,428,000 | 410,179,000 | 367,427,000 | 236,204,000 | 215,726,000 | 188,219,000 | 182,052,000 | 109,500,000 | 82,117,000 | 71,009,000 | 75,863,000 | 76,047,000 | 73,429,000 | 63,783,000 | 74,832,000 | 89,444,000 | 93,020,000 | 101,258,000 | 122,851,000 | 112,720,000 | 112,114,000 | 96,558,000 | -209,502,000 | 83,423,000 | 74,946,000 | 66,010,000 | 58,781,000 | 42,387,000 | 34,300,000 | 26,160,000 | |||
general and administrative expenses | 49,963,000 | 49,839,000 | 43,056,000 | 44,745,000 | 43,783,000 | 48,729,000 | 37,373,000 | 39,126,000 | 34,519,000 | 52,736,000 | 35,474,000 | 75,617,000 | 43,387,000 | 9,947,000 | 30,603,000 | 20,643,000 | 35,748,000 | 28,807,000 | 25,256,000 | 18,421,000 | 17,582,000 | 17,994,000 | 18,870,000 | 22,567,000 | 20,036,000 | 18,435,000 | 18,118,000 | -31,576,000 | 16,561,000 | 13,809,000 | 14,297,000 | 13,865,000 | 13,311,000 | 10,641,000 | 12,065,000 | 12,705,653 | 777,055 | 202,350 |
merger and integration expense | 6,941,000 | 11,123,000 | 97,260,000 | 10,422,000 | 4,350,000 | 13,299,000 | 12,469,000 | 59,270,000 | 5,685,000 | |||||||||||||||||||||||||||||
impairment and abandonment expense | 2,251,000 | 146,000 | 5,209,000 | 2,128,000 | 1,380,000 | 6,384,000 | 20,000 | 5,947,000 | 245,000 | 244,000 | 245,000 | 244,000 | 498,000 | 506,000 | 2,627,000 | 6,400,000 | 7,712,000 | 9,199,000 | 9,200,000 | 40,561,000 | 19,904,000 | 19,425,000 | 611,300,000 | 4,818,000 | 6,745,000 | 4,418,000 | 31,264,000 | |||||||||||
exploration and other incomes | 4,933,000 | 5,060,000 | 15,250,000 | 6,363,000 | 6,962,000 | 5,978,000 | 11,488,000 | 4,669,000 | 5,031,000 | 5,263,000 | 4,374,000 | 4,765,000 | 2,352,000 | 1,954,000 | 2,307,000 | 3,185,000 | 1,839,000 | 1,764,000 | 1,095,000 | 7,625,000 | 2,670,000 | |||||||||||||||||
total operating expenses | 930,852,000 | 900,111,000 | 871,988,000 | 870,803,000 | 820,751,000 | 790,946,000 | 774,075,000 | 760,568,000 | 451,904,000 | 431,990,000 | 380,134,000 | 422,915,000 | 327,718,000 | 189,560,000 | 182,222,000 | 177,574,000 | 191,995,000 | 171,453,000 | 158,403,000 | 194,965,000 | 181,112,000 | 183,309,000 | 801,588,000 | 229,674,000 | 217,766,000 | 207,142,000 | 209,462,000 | -397,837,000 | 165,514,000 | 141,092,000 | 128,031,000 | 117,841,000 | 85,066,000 | 67,810,000 | 53,905,000 | |||
net gain on sale of long-lived assets | -66,000 | 329,000 | 112,000 | 82,000 | 63,000 | 66,000 | 13,000 | -3,000 | -1,406,000 | 82,000 | 34,422,000 | -290,000 | -8,000 | 44,000 | 10,000 | 145,000 | -2,000 | 245,000 | -842,000 | -22,000 | 9,000 | |||||||||||||||||
income from operations | 390,944,000 | 297,485,000 | 504,463,000 | 425,212,000 | 395,149,000 | 455,137,000 | 469,036,000 | 362,200,000 | 306,700,000 | 191,408,000 | 236,200,000 | 338,654,000 | 222,057,000 | 281,688,000 | 165,137,000 | 173,267,000 | 96,220,000 | 67,099,000 | 34,032,000 | -46,878,000 | -31,866,000 | -92,802,000 | -608,574,000 | 25,876,000 | 11,342,000 | 37,106,000 | 5,107,000 | -240,987,000 | 69,366,000 | 76,671,000 | 87,867,000 | |||||||
yoy | -1.06% | -34.64% | 7.55% | 17.40% | 28.84% | 137.78% | 98.58% | 6.95% | 38.12% | -32.05% | 43.03% | 95.45% | 130.78% | 319.81% | 385.24% | -469.61% | -401.95% | -172.30% | -105.59% | -281.16% | -380.96% | -350.10% | -12016.47% | -110.74% | -83.65% | -51.60% | -94.19% | |||||||||||
qoq | 31.42% | -41.03% | 18.64% | 7.61% | -13.18% | -2.96% | 29.50% | 18.10% | 60.23% | -18.96% | -30.25% | 52.51% | -21.17% | 70.58% | -4.69% | 80.07% | 43.40% | 97.16% | -172.60% | 47.11% | -65.66% | -84.75% | -2451.89% | 128.14% | -69.43% | 626.57% | -102.12% | -447.41% | -9.53% | -12.74% | ||||||||
operating margin % | ||||||||||||||||||||||||||||||||||||||
other income | 5,877,000 | 9,773,000 | 8,368,000 | 6,411,000 | 9,247,000 | -2,803,000 | 3,232,000 | 1,648,000 | 246,000 | 319,000 | 120,000 | 291,000 | 115,000 | 85,000 | 118,000 | 124,000 | 121,000 | 143,000 | 7,000 | 110,000 | 23,000 | 1,000 | -53,000 | 13,000 | 62,000 | 133,000 | 126,000 | -1,000 | 13,000 | -14,000 | -3,000 | 3,515,000 | ||||||
interest expense | -69,386,000 | -72,770,000 | -79,665,000 | -76,783,000 | -79,934,000 | -75,452,000 | -72,587,000 | -63,024,000 | -40,582,000 | -36,826,000 | -36,777,000 | -39,358,000 | -28,807,000 | -14,326,000 | -13,154,000 | -13,931,000 | -14,690,000 | -15,182,000 | -17,485,000 | -17,682,000 | -17,718,000 | -17,371,000 | -16,421,000 | -16,148,000 | -15,246,000 | -14,437,000 | -10,160,000 | 17,760,000 | -6,534,000 | -5,791,000 | -5,813,000 | -3,597,000 | -1,015,000 | -707,000 | -410,000 | |||
loss on extinguishment of debt | -264,294,000 | |||||||||||||||||||||||||||||||||||||
net gain on derivative instruments | 105,714,000 | 73,019,000 | 57,731,000 | -36,716,000 | 238,533,000 | 14,298,000 | -121,129,000 | 190,684,000 | -151,781,000 | 20,601,000 | 54,512,000 | -60,019,000 | 181,308,000 | -34,134,000 | -129,523,000 | 1,860,000 | -44,527,000 | -54,959,000 | -51,199,000 | -24,205,000 | -1,968,000 | -29,857,000 | -8,505,000 | 660,000 | 1,522,000 | 2,128,000 | -5,871,000 | -16,517,000 | -9,571,000 | 16,697,000 | 7,843,000 | -254,000 | -896,000 | 2,529,000 | 3,759,000 | |||
total other income | -222,089,000 | 10,022,000 | -13,566,000 | -107,088,000 | 167,846,000 | -63,957,000 | -190,484,000 | 129,308,000 | -192,117,000 | -15,906,000 | 17,855,000 | -99,086,000 | 152,616,000 | -48,375,000 | -142,559,000 | -11,947,000 | -59,096,000 | -92,154,000 | -68,677,000 | -41,777,000 | -19,663,000 | 96,216,000 | -24,979,000 | -15,475,000 | -13,662,000 | -12,176,000 | -15,907,000 | |||||||||||
income before income taxes | 168,855,000 | 307,507,000 | 490,897,000 | 318,124,000 | 562,995,000 | 391,180,000 | 278,552,000 | 491,508,000 | 114,583,000 | 175,502,000 | 254,055,000 | 239,568,000 | 374,673,000 | 233,313,000 | 22,578,000 | 161,320,000 | 37,124,000 | -25,055,000 | -34,645,000 | -88,655,000 | -51,529,000 | 3,414,000 | -633,553,000 | 10,401,000 | -2,320,000 | 24,930,000 | -10,800,000 | -239,642,000 | 53,326,000 | 87,422,000 | 89,909,000 | 46,018,000 | 24,493,000 | 32,267,000 | 10,707,000 | |||
income tax expense | -87,394,000 | -62,486,000 | -100,334,000 | -62,645,000 | -106,468,000 | -82,272,000 | -48,957,000 | -739,000 | -1,393,000 | -5,928,000 | -12,682,250 | -11,652,000 | -19,940,000 | 19,137,000 | ||||||||||||||||||||||||
net income | 81,461,000 | 245,021,000 | 390,563,000 | 255,479,000 | 456,527,000 | 308,908,000 | 229,595,000 | 412,619,000 | 98,329,000 | 148,954,000 | 219,801,000 | 198,708,000 | 343,504,000 | 191,826,000 | 15,802,000 | 160,751,000 | 37,124,000 | -25,055,000 | -34,645,000 | -88,655,000 | -51,529,000 | 5,330,000 | -550,345,000 | 9,662,000 | -3,713,000 | 19,002,000 | -8,537,000 | -188,913,000 | 41,674,000 | 67,482,000 | 70,772,000 | 33,390,000 | 16,260,000 | 23,198,000 | 10,707,000 | |||
yoy | -82.16% | -20.68% | 70.11% | -38.08% | 364.29% | 107.38% | 4.46% | 107.65% | -71.37% | -22.35% | 1290.97% | 23.61% | 825.29% | -865.62% | -145.61% | -281.32% | -172.04% | -570.08% | -93.70% | -1017.56% | 1287.80% | -71.95% | 6346.59% | -105.11% | -108.91% | -71.84% | -112.06% | -665.78% | 156.30% | 190.90% | 560.99% | |||||||
qoq | -66.75% | -37.26% | 52.87% | -44.04% | 47.79% | 34.54% | -44.36% | 319.63% | -33.99% | -32.23% | 10.62% | -42.15% | 79.07% | 1113.93% | -90.17% | 333.01% | -248.17% | -27.68% | -60.92% | 72.05% | -1066.77% | -100.97% | -5795.97% | -360.22% | -119.54% | -322.58% | -95.48% | -553.31% | -38.24% | -4.65% | 111.96% | 105.35% | -29.91% | 116.66% | ||||
net income margin % | ||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interest | -22,227,000 | -37,884,000 | -61,265,000 | -38,829,000 | -70,151,000 | -73,808,000 | -83,020,000 | -1,188,000 | -128,000 | 1,125,000 | -425,000 | -11,913,000 | 2,386,000 | 3,941,000 | 4,682,000 | 2,854,000 | 1,813,000 | 2,436,000 | 884,000 | |||||||||||||||||||
net income attributable to class a common stock | 59,234,000 | 207,137,000 | 329,298,000 | 216,650,000 | 386,376,000 | 235,100,000 | 146,575,000 | 255,354,000 | 45,433,000 | 73,399,000 | 102,120,000 | 83,050,000 | 224,359,000 | 160,751,000 | 37,124,000 | -25,055,000 | -34,645,000 | -88,655,000 | -51,529,000 | 5,330,000 | -547,983,000 | 9,618,000 | -3,585,000 | 17,877,000 | -8,112,000 | 42,229,750 | 39,288,000 | 63,541,000 | 66,090,000 | |||||||||
income per share of class a common stock: | ||||||||||||||||||||||||||||||||||||||
basic | 0.08 | 0.3 | 0.47 | 0.3 | 0.56 | 0.38 | 0.27 | 0.65 | 0.14 | 0.23 | 0.35 | 0.29 | 0.78 | 0.67 | 0.06 | 0.57 | 0.13 | -0.09 | -0.12 | -0.32 | -0.19 | 0.02 | -1.99 | 0.04 | -0.01 | 0.07 | -0.03 | -0.69 | 0.15 | 0.24 | 0.25 | 0.12 | 0.06 | 0.09 | 0.04 | |||
diluted | 0.08 | 0.28 | 0.44 | 0.29 | 0.53 | 0.36 | 0.25 | 0.6 | 0.13 | 0.21 | 0.31 | 0.25 | 0.7 | 0.6 | 0.05 | 0.54 | 0.12 | -0.09 | -0.12 | -0.32 | -0.19 | 0.02 | -1.99 | 0.04 | -0.01 | 0.07 | -0.03 | -0.68 | 0.15 | 0.24 | 0.25 | 0.13 | 0.06 | 0.09 | 0.04 | |||
income tax benefit | -19,264,000 | -16,254,000 | -26,548,000 | -34,254,000 | -40,860,000 | -31,169,000 | -41,487,000 | -6,776,000 | 1,916,000 | 83,208,000 | 2,263,000 | -12,628,000 | -8,233,000 | -9,069,000 | ||||||||||||||||||||||||
less: net (income) loss attributable to noncontrolling interest | -61,533,000 | -52,896,000 | -75,555,000 | -117,681,000 | -115,658,000 | -119,145,000 | 2,362,000 | |||||||||||||||||||||||||||||||
proceeds from terminated sale of assets | 5,983,000 | |||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | -22,156,000 | |||||||||||||||||||||||||||||||||||||
income per share of common stock: | ||||||||||||||||||||||||||||||||||||||
basic | 0.08 | 0.3 | 0.47 | 0.3 | 0.56 | 0.38 | 0.27 | 0.65 | 0.14 | 0.23 | 0.35 | 0.29 | 0.78 | 0.67 | 0.06 | 0.57 | 0.13 | -0.09 | -0.12 | -0.32 | -0.19 | 0.02 | -1.99 | 0.04 | -0.01 | 0.07 | -0.03 | -0.69 | 0.15 | 0.24 | 0.25 | 0.12 | 0.06 | 0.09 | 0.04 | |||
diluted | 0.08 | 0.28 | 0.44 | 0.29 | 0.53 | 0.36 | 0.25 | 0.6 | 0.13 | 0.21 | 0.31 | 0.25 | 0.7 | 0.6 | 0.05 | 0.54 | 0.12 | -0.09 | -0.12 | -0.32 | -0.19 | 0.02 | -1.99 | 0.04 | -0.01 | 0.07 | -0.03 | -0.68 | 0.15 | 0.24 | 0.25 | 0.13 | 0.06 | 0.09 | 0.04 | |||
gain on exchange of debt | 143,443,000 | |||||||||||||||||||||||||||||||||||||
exploration expense | 4,051,000 | 4,009,000 | 2,144,000 | 2,869,000 | 3,861,000 | 2,516,000 | -6,558,000 | 2,712,000 | 1,867,000 | 3,447,000 | 10,281,000 | 1,622,000 | 2,470,000 | |||||||||||||||||||||||||
gain on sale of oil and natural gas properties | -2,000 | 98,000 | 52,000 | -141,000 | 15,000 | 1,580,000 | -141,000 | 7,191,000 | 166,000 | |||||||||||||||||||||||||||||
impairment and abandonment expenses | 2,599,000 | 8,612,000 | 1,784,000 | |||||||||||||||||||||||||||||||||||
net revenues | ||||||||||||||||||||||||||||||||||||||
oil sales | 132,229,000 | 87,286,000 | 70,735,000 | 46,681,000 | ||||||||||||||||||||||||||||||||||
natural gas sales | 15,642,000 | 12,852,000 | 12,133,000 | 8,241,000 | ||||||||||||||||||||||||||||||||||
ngl sales | 18,259,000 | 11,473,000 | 8,196,000 | 6,175,000 | ||||||||||||||||||||||||||||||||||
total net revenues | 166,130,000 | 111,611,000 | 91,064,000 | 61,097,000 | ||||||||||||||||||||||||||||||||||
total operating income | 48,289,000 | 26,545,000 | 23,254,000 | 7,192,000 | ||||||||||||||||||||||||||||||||||
net income attributable to common shareholders | 30,536,000 | 14,447,000 | 20,762,000 | |||||||||||||||||||||||||||||||||||
income per share: | ||||||||||||||||||||||||||||||||||||||
basic | 0.08 | 0.3 | 0.47 | 0.3 | 0.56 | 0.38 | 0.27 | 0.65 | 0.14 | 0.23 | 0.35 | 0.29 | 0.78 | 0.67 | 0.06 | 0.57 | 0.13 | -0.09 | -0.12 | -0.32 | -0.19 | 0.02 | -1.99 | 0.04 | -0.01 | 0.07 | -0.03 | -0.69 | 0.15 | 0.24 | 0.25 | 0.12 | 0.06 | 0.09 | 0.04 | |||
diluted | 0.08 | 0.28 | 0.44 | 0.29 | 0.53 | 0.36 | 0.25 | 0.6 | 0.13 | 0.21 | 0.31 | 0.25 | 0.7 | 0.6 | 0.05 | 0.54 | 0.12 | -0.09 | -0.12 | -0.32 | -0.19 | 0.02 | -1.99 | 0.04 | -0.01 | 0.07 | -0.03 | -0.68 | 0.15 | 0.24 | 0.25 | 0.13 | 0.06 | 0.09 | 0.04 | |||
abandonment expense and impairment of unproved properties | -29,000 | |||||||||||||||||||||||||||||||||||||
transportation, processing and gathering expenses | 5,244,000 | |||||||||||||||||||||||||||||||||||||
net income attributable to centennial resource development, inc. | 9,823,000 | |||||||||||||||||||||||||||||||||||||
revenue | ||||||||||||||||||||||||||||||||||||||
other income — investment income on trust account | 137,448 | 252,978 | 234,232 | |||||||||||||||||||||||||||||||||||
net income attributable to common shares | -114,888.75 | -524,077 | 31,882 | |||||||||||||||||||||||||||||||||||
weighted-average number of shares outstanding: | ||||||||||||||||||||||||||||||||||||||
basic and diluted | 14,674,632 | 14,622,789 | ||||||||||||||||||||||||||||||||||||
net income per common share - basic and diluted | -0.008 | -0.04 | 0 | |||||||||||||||||||||||||||||||||||
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.
