David Leuschen - Centennial Resource Independent Director

CDEVDelisted Stock  USD 10.59  0.15  1.40%   

Director

Mr. David M. Leuschen is Director of the Company. Mr. Leuschen is a Founder of Riverstone and was a Senior Managing Director since 2000. Prior to founding Riverstone, Mr. Leuschen was a Partner and Managing Director at Goldman Sachs and founder and head of the Goldman Sachs Global Energy and Power Group. Mr. Leuschen joined Goldman Sachs in 1977, became head of the Global Energy and Power Group in 1985, became a Partner of that firm in 1986 and remained with Goldman Sachs until leaving to found Riverstone in 2000. Mr. Leuschen also served as Chairman of the Goldman Sachs Energy Investment Committee, where he was responsible for screening potential investments by Goldman Sachs in the energy and power industries. Mr. Leuschen has served as a nonexecutive board member of Riverstone Energy Limited since May 2013 and serves on the boards of directors or equivalent bodies of a number of private Riverstone portfolio companies and their affiliates. Mr. Leuschen is currently a director of Alta Mesa Resources, Inc., a position he has held since February 2018. In 2007, Mr. Leuschen, along with Riverstone and The Carlyle Group, became the subject of an industrywide inquiry by the Office of the Attorney General of the State of New York relating to the use of placement agents in connection with investments by the New York State Common Retirement Fund in certain funds, including funds that were jointly developed by Riverstone and Carlyle. In June 2009, Riverstone entered into an Assurance of Discontinuance with the Attorney General to resolve the matter and agreed to make a restitution payment of 30 million to the New York State Office of the Attorney General for the benefit of NYCRF. Mr. Leuschen also entered into an Assurance of Discontinuance with the Attorney General in December 2009 and agreed that Riverstone. since 2016.
Age 66
Tenure 8 years
Phone720 499 1400
Webhttps://www.cdevinc.com
Leuschen received an MBA from Dartmouth’s Amos Tuck School of Business and an A.B. degree from Dartmouth College. We believe Mr. Leuschen is qualified to serve on our Board due to his extensive mergers and acquisitions, financing and investing experience in the energy and power industries.

Centennial Resource Management Efficiency

The company has return on total asset (ROA) of 0.0747 % which means that it generated a profit of $0.0747 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1472 %, meaning that it created $0.1472 on every $100 dollars invested by stockholders. Centennial Resource's management efficiency ratios could be used to measure how well Centennial Resource manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 825.57 M in liabilities with Debt to Equity (D/E) ratio of 0.3, which may suggest the company is not taking enough advantage from borrowing. Centennial Resource has a current ratio of 0.62, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Centennial Resource until it has trouble settling it off, either with new capital or with free cash flow. So, Centennial Resource's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Centennial Resource sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Centennial to invest in growth at high rates of return. When we think about Centennial Resource's use of debt, we should always consider it together with cash and equity.

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Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of crude oil and related liquids-rich natural gas reserves in the United States. The company was incorporated in 2015 and is headquartered in Denver, Colorado. Centennial Resource operates under Oil Gas EP classification in the United States and is traded on NCM Exchange. It employs 147 people. Centennial Resource Development (CDEV) is traded on NASDAQ Exchange in USA and employs 147 people.

Management Performance

Centennial Resource Leadership Team

Elected by the shareholders, the Centennial Resource's board of directors comprises two types of representatives: Centennial Resource inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Centennial. The board's role is to monitor Centennial Resource's management team and ensure that shareholders' interests are well served. Centennial Resource's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Centennial Resource's outside directors are responsible for providing unbiased perspectives on the board's policies.
Jamie Wheat, Chief Accounting Officer, Vice President
Ward CFA, Consultant
David Leuschen, Independent Director
Robert Tichio, Independent Director
Matthew Hyde, Independent Director
Jeffrey Tepper, Independent Director
Tony Weber, Independent Director
Sean Smith, CEO Director
Maire Baldwin, Independent Director
Brent Jensen, Chief Accounting Officer, Vice President
William Weidig, VP Treasurer
Matthew Garrison, Ex COO
Kathleen Phillips, VP HR
Pierre Lapeyre, Director
Mark Papa, CEO, Director
Davis Connor, Vice President General Counsel
Davis OConnor, Gen EVP
Karl Bandtel, Independent Director
George Glyphis, CFO, Assistant Secretary
Hays Mabry, Director, Investor Relations
Stephen Coats, Secretary

Centennial Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Centennial Resource a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Centennial Resource in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Centennial Resource's short interest history, or implied volatility extrapolated from Centennial Resource options trading.

Pair Trading with Centennial Resource

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Centennial Resource position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Centennial Resource will appreciate offsetting losses from the drop in the long position's value.

Moving against Centennial Stock

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The ability to find closely correlated positions to Centennial Resource could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centennial Resource when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Centennial Resource - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Centennial Resource Development to buy it.
The correlation of Centennial Resource is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Centennial Resource moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centennial Resource moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Centennial Resource can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Centennial Resource information on this page should be used as a complementary analysis to other Centennial Resource's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Other Consideration for investing in Centennial Stock

If you are still planning to invest in Centennial Resource check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Centennial Resource's history and understand the potential risks before investing.
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