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CDEVControl Panel Device
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Receipt of the funds necessary to effect the acquisition pursuant to financing arrangements satisfactory to CDEV is a condition to its obligation to effect the assignment.
* With a rating of Buy, MKM Partners initiated coverage on Centennial Resource Development Inc (NASDAQ: CDEV).
Release date- 05082019 - Centennial Resource Development, Inc.('Centennial' or the 'Company') (NASDAQ: CDEV) today announced financial and operational results for the second quarter 2019.
As previously reported, SunTrust analysts Neal Dingmann and Welles Fitzpatrick downgraded Pioneer Natural (PXD), Centennial Resource Development (CDEV) and Sundance Energy (SNDE) to Hold from Buy and also cut Oasis Petroleum (OAS) to Sell from Hold as part of their broader research note on E&Ps.
* For Centennial Resource Development Inc (NASDAQ: CDEV), Barclays upgraded the stock from Equal-Weight to Overweight.
Centennial Resource (CDEV) downgraded to Neutral from Overweight at JPMorgan while QEP Resources (QEP) was downgraded to Underweight from Neutral at JPMorgan.
* Centennial Resource Dev (NASDAQ: CDEV) shares began trading with a new 52-week low of $4.41 on Tuesday.