|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||4.4480 - 4.6720|
|52-week range||4.4480 - 4.6720|
|Beta (5Y monthly)||6.71|
|PE ratio (TTM)||N/A|
|Earnings date||03 May 2021 - 07 May 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
There's a lot going on in the oil markets right now, but investors clearly think the outcome will be a positive one.
At the open of trading on March 26, shares of U.S. energy driller Centennial Resource Development (NASDAQ: CDEV) rose 7%. The direct reason for the stock price moves here is that oil prices have been bobbing up and down in recent days. As an exploration and production company, oil price volatility logically has an impact on Centennial Resource Development's share price.
Shares of the energy company got a boost from the usual suspect, but there's an odd (even funny) "twist" here.