Centennial Resource Development, Inc. (CDEV) financial statements (2021 and earlier)

Company profile

Business Address 1001 SEVENTEENTH STREET
DENVER, CO 80202
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6574101128
Cash and cash equivalents6574101128
Receivables55516463102141122
Derivative instruments and hedges, assets      0
Other undisclosed current assets58678910
Total current assets:66657874120161160
Noncurrent Assets
Operating lease, right-of-use asset345    
Property, plant and equipment13131414151512
Oil and gas property, successful effort method3,7273,7983,8833,9654,5014,4104,312
Other noncurrent assets19434245404329
Other undisclosed noncurrent assets   8121723
Total noncurrent assets:3,7623,8593,9434,0334,5684,4854,375
TOTAL ASSETS:3,8273,9234,0214,1064,6884,6464,535
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:110116122224244268267
Accounts payable510951213355
Accrued liabilities12151924252014
Employee-related liabilities1296513107
Interest and dividends payable15201523192421
Other undisclosed accounts payable and accrued liabilities676273122166180172
Debt 34    
Derivative instruments and hedges, liabilities  3290414
Other liabilities18100111
Other undisclosed current liabilities3  691419
Total current liabilities:132121158239254287302
Noncurrent Liabilities
Long-term debt and lease obligation012    
Operating lease, liability012    
Liabilities, other than long-term debt23212118171514
Asset retirement obligations17181818171514
Deferred income tax liabilities333    
Other liabilities30     
Other undisclosed noncurrent liabilities1,0691,0921,1061,1231,1461,090952
Total noncurrent liabilities:1,0921,1151,1281,1401,1631,105967
Total liabilities:1,2231,2351,2861,3791,4181,3921,268
Stockholders' equity
Stockholders' equity attributable to parent, including:2,6042,6882,7352,7173,2583,2403,123
Additional paid in capital3,0043,0002,9952,9822,9762,9672,847
Retained earnings (accumulated deficit)(401)(312)(260)(266)282273276
Other undisclosed stockholders' equity attributable to parent0000000
Stockholders' equity attributable to noncontrolling interest   101314144
Total stockholders' equity:2,6042,6882,7352,7273,2713,2543,267
TOTAL LIABILITIES AND EQUITY:3,8273,9234,0214,1064,6884,6464,535

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Gross profit:14814991193256229244
Operating expenses(195)(181)(183)(802)(230)(218)(207)
Other undisclosed operating income (loss)00(0)0(1)(0)0
Operating income (loss):(47)(32)(93)(609)261137
Nonoperating income (expense)(42)(20)96(25)(15)(14)(12)
Investment income, nonoperating(24)(2)(30)(9)122
Interest and debt expense (18)143(16)(16)(15)(14)
Income (loss) from continuing operations before equity method investments, income taxes:(89)(69)147(650)(6)(18)10
Other undisclosed income (loss) from continuing operations before income taxes 18(143)16161514
Income (loss) from continuing operations before income taxes:(89)(52)3(634)10(2)25
Income tax expense (benefit)  283(1)(1)(6)
Net income (loss):(89)(52)5(550)10(4)19
Net income (loss) attributable to noncontrolling interest5  2(0)0(1)
Net income (loss) attributable to parent:(84)(52)5(548)10(4)18
Other undisclosed net loss available to common stockholders, basic(5)      
Net income (loss) available to common stockholders, basic:(89)(52)5(548)10(4)18
Dilutive securities, effect on basic earnings per share      1
Other undisclosed net income available to common stockholders, diluted    0  
Net income (loss) available to common stockholders, diluted:(89)(52)5(548)10(4)19

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):(89)(52)5(550)10(4)19
Comprehensive income (loss):(89)(52)5(550)10(4)19
Comprehensive income (loss), net of tax, attributable to noncontrolling interest5  2(0)0(1)
Comprehensive income (loss), net of tax, attributable to parent:(84)(52)5(548)10(4)18

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: