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Compare · CDEV vs OXY

CDEV vs OXY

Side-by-side comparison of Centennial Resource Development Inc. (CDEV) and Occidental Petroleum Corporation (OXY): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both CDEV and OXY operate in Oil & Gas Production (Energy), so they compete in similar markets.
  • OXY is the larger of the two at $59.32B, about 26.2x CDEV ($2.26B).
  • OXY has hit the wire 3 times in the past 4 weeks while CDEV has been quiet.
  • OXY has more recent analyst coverage (25 ratings vs 18 for CDEV).
MetricCDEVOXY
Company
Centennial Resource Development Inc.
Occidental Petroleum Corporation
Price
-
-
Market cap
$2.26B
$59.32B
1M return
-
-
1Y return
-
-
Industry
Oil & Gas Production
Oil & Gas Production
Exchange
NASDAQ
NYSE
IPO
2016
News (4w)
0
3
Recent ratings
18
25
CDEV

Centennial Resource Development Inc.

Centennial Resource Development, Inc., an independent oil and natural gas company, focuses on the development of unconventional oil and associated liquids-rich natural gas reserves in the United States. The company's assets primarily focus on the Delaware Basin, a sub-basin of the Permian Basin. Its properties consist of acreage blocks primarily in Reeves County in West Texas and Lea County in New Mexico. As of December 31, 2020, it leased or acquired approximately 81,657 net acres; and owned 1,472 net mineral acres in the Delaware Basin. The company was formerly known as Silver Run Acquisition Corporation and changed its name to Centennial Resource Development, Inc. in October 2016. Centennial Resource Development, Inc. was incorporated in 2015 and is headquartered in Denver, Colorado.

OXY

Occidental Petroleum Corporation

Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. The company operates through three segments: Oil and Gas, Chemical, and Marketing and Midstream. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The company's Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

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