Centennial Resource Development Overview
Latest ROE for Centennial Resource Development: 10.29% — see history and peer comparisons.
Get informed when a big investor buys or sells
+ Follow10.29%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Centennial Resource Development posts a ROE of 10.29%. That is below the Energy sector average of 13.63%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
For Energy stocks, a ROE near 13.63% is typical. Centennial Resource Development's 10.29% is lower that level. That is roughly 24.5% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Centennial Resource Development's ROE moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is 10.29%; use YoY and peer views to separate noise from signal.
Context for CDEV's ROE usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 13.63%), and (3) consistency with growth and profitability. This page covers the first two; Centennial Resource Development's other metric pages and overview cover the third.
Judging Centennial Resource Development against Energy peers is usually better than using a market-wide rule of thumb. Business models inside Energy are more comparable, which makes gaps in ROE easier to interpret. Start with 10.29% here, then scan peer and history charts to see if the gap is persistent.
